For Some Jobs, this May be as Good as it Gets

May 12, 2009 by  
Filed under Financial Planning

as_good_as_getsHave you ever asked yourself: Is this as good as it gets? If not, maybe you should start thinking about that question now.

Some pundits are already calling the the beginning of the end of the recession, including exhortations to aggressively buy into to the current (sort-of) rally in market. That may be good for investors willing to take on risk once again. Read more


Alternatives to Layoffs in Recession – Why Aren’t They Used?

December 18, 2008 by  
Filed under Economics

The news yesterday that Chrysler was shutting down all of its U.S. factories for 30 days got me thinking about a larger question:  Why is it that in a recessionary economy, employers primarily use layoffs to cut labor costs?  Why don’t they look for alternatives?

By alternatives, I am referring to labor cost-cutting measures that allow employees to keep their jobs while lowering their costs of employment. Read more