Salient to Investors: HelpAge International said: Norway is the best of 96 countries to grow old in, followed by Sweden, Switzerland, Canada and Germany. Afghanistan is the worst. Australia, Western Europe and North America rank highly. By 2050, 21% of the global population will be over 60, when 40 of the 96
READ MORE... →Salient to Investors: Gender inequality in median earnings adjusted for inflation is still significant. In 2013, women earned 78 cents for every dollar that a man made versus 77 cents in 2012. Women are more likely to be impoverished than men, especially for women 65 and older. In 2013, 2
READ MORE... →Salient to Investors: US millennial women are holding off on motherhood, which bodes well for their economic and social mobility and that of their future children. Isabel Sawhill at Brookings said lower US birth rates are permanent, even if some of the recession-induced decline reverses. Preventing unexpected births increases a
READ MORE... →Salient to Investors: Millennials may find it more difficult to climb the corporate ladder as new businesses, which employ more young workers, become a smaller force in the labor market. Gary Burtless at Brookings said rapid progress for new and young workers is much rarer in long-established firms. Burtless said
READ MORE... →Salient to Investors: The majority of top-ranked women in S&P 500 companies are not in the operational jobs that lead to CEO – 55% are finance, legal or HR chiefs. 94% of S&P 500 CEOs held top operations positions immediately before appointment. Women lack role models and tend to start
READ MORE... →Salient to Investors: The Transamerica Center for Retirement Studies said millennials – born from 1979 to 1996 – began saving for retirement at a median age of 22, versus 27 for Generation X and 35 for baby boomers. 71% of millennials offered 401(k) or similar plans contributed a median 8%
READ MORE... →Salient to Investors: Ray Stone at Stone & McCarthy Research said the extent of labor-market slack may be less than Yellen purports. Stone’s favorite pay measure is table B-9 at the very end of the jobs report: an index that takes into account average hourly earnings, the length of the
READ MORE... →Salient to Investors: Gary Shilling writes: The pessimistic economic theories are wrong. Weak growth will NOT last forever despite the Reinhart-Rogoff findings that the economy contracts at a 0.1 percent annual rate when government debt exceeds 90 percent of GDP. In the late 1970s and early 1980s many economists presumed
READ MORE... →Salient to Investors: The Pew Research Center said the share of mothers with children under age 18 who do not work away from home rose to 29 percent in 2012, versus the modern-era low of 23 percent in 1999, which ended the decline in most years from 1970 to 1999. D’Vera
READ MORE... →Salient to Investors: Dane Stangler at The Kauffman Foundation said people aged 55 to 64 started 23.4 percent of companies in 2012, up from 14.3 percent in 1996. Stangler said the 30-yr corporate job with a gold watch is no longer there, and many people are not ready to retire.
READ MORE... →