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Depression 2.0

This category contains 4 posts

LinkedIn Skyrockets as Job Losses Mount – Advertising Age – Digital

NEW YORK (AdAge.com) — There are two places most of today’s laid-off executives are heading: to job-search sites to see what other opportunities are out there and to networking sites in hopes they can reconnect with — and milk leads from — former colleagues and business contacts. One site, LinkedIn, offers both of those things … Continue reading »

Impossible To Live On $500,000 In Manhattan

As surviving Wall Streeters confront the reality of government-imposed pay caps, the NYT dutifully recalculates the cost of an upper-middle-class Upper East Side existence. Bottom line? $1.6 million pre-tax. via Impossible To Live On $500,000 In Manhattan.

Trying to Live on 500K in New York City – NYTimes.com

I know this article in todays New York Times does not fit the general direction of this blog but I just could not resist putting it in. PRIVATE school: $32,000 a year per student. Mortgage: $96,000 a year. Co-op maintenance fee: $96,000 a year. Nanny: $45,000 a year. We are already at $269,000, and we … Continue reading »

Senate approves ‘strict’ rules on hiring H-1B workers – NYTimes.com

The U.S. Senate agreed on Friday to set restrictions on the hiring of H-1B workers by financial services firms that receive federal bailout funds, but it didn’t bar the hiring of foreign workers as proponents had sought. via Senate approves ‘strict’ rules on hiring H-1B workers – NYTimes.com.

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