Who's losing jobs?

Interesting data on who lost the most jobs during the recession. Another good reason to get a college degree.

Someone mentioned in a church talk a couple years back that recessions happen every 8 years or so. The linked report confirms that's mostly true. That means we should expect another recession to start in the 2016-2018 timeframe, and another in 2024-2026.

We also know that people who graduate during a recession typically stay at lower salaries than those who graduate during a normal growth period, even many years on into their careers.

That means if your kids are scheduled to graduate during a recession, they should definitely consider an advanced degree, which will improve their earning potential, and keep them from starting into the workforce at a depressed salary.

Hopefully someone will figure out how to break that cycle.

Carriers discourage iPhone

More evidence that the carriers discourage people from buying iPhones. Not surprising, their margins on Android and Windows phones are much higher.

Incidentally, the news keeps reporting that Apple has been losing ground to Android in the past couple months. Don't they know that Apple announces their new phones every year in the fall?