
Top News
Job openings aren't what they used to be. Among the explanations for the stubbornly high U.S. unemployment rate, factors such as housing troubles and extended unemployment benefits have played a leading role. Increasingly, though, economists and job seekers are identifying another problem: Employers are being pickier, or not trying as hard as they usually do to fill the openings they have.
Visit http://online.wsj.com/article/SB10001424052748703927504575540491410169152.html to view the full article online.
International
Spend or cut? It is a debate that goes to the heart of the post-2008 economic crisis – and yesterday simmering tensions over the two opposing strategies, between a Nobel prize-winning economist and a best-selling economic historian, boiled over again on a stage in South Korea.
Visit http://www.guardian.co.uk/business/2010/oct/13/us-spend-or-cut-debate to view the full article online.
Britain is to abolish, merge or reform 481 semi-independent state agencies to cut spending and help cut its deficit, under a plan that will cost thousands of jobs and change the way many services are delivered.
Visit http://www.cnbc.com/id/39665698 to view the full article online.
Education
The stakes have never been higher for colleges to use the Web effectively. So why can so few barely muster up a passing grade for their Web strategy? The majority of higher education leaders I talk to are struggling to simply keep the digital lights on, let alone differentiate the institution online.
Visit http://www.fastcompany.com/1694328/why-are-colleges-flunking-web-strategy-101 to view the full article online.
NBMBAA
NBMBAA's 3rd Annual Mideast Regional Conference, "Change, Challenge, and Opportunity: Investing for the Next Decade," takes place November 11-13 in Cincinnati, Ohio. The conference will feature leadership development and entrepreneurial workshops, a Diversity & Education Career Fair, networking opportunities and more.
Visit http://blackmbamideast.org/about_conference.htm to view the full article online.
Entrepreneurship
Globals is one of those fast-growing Indian IT companies that Westerners simultaneously admire and fear. Founded in 2000, it already has offices in 11 countries and customers around the world. The chairman and chief executive, Suhas Gopinath, is just 24 years old. Most of his employees are also in their mid-twenties.
Visit http://www.economist.com/node/17199488 to view the full article online.
The Economy
Applications for jobless benefits rose for the first time in three weeks, evidence that companies are reluctant to hire. Initial claims rose by 13,000 last week to a seasonally adjusted 462,000. And the U.S. trade deficit widened sharply in August, reflecting a surge in imports of consumer products.
Visit http://www.npr.org/templates/story/story.php?storyId=130562072 to view the full article online.
We have entered the Age of Austerity. It's already arrived in Europe and is destined for the United States. Governments throughout Europe are cutting social spending and raising taxes – or contemplating doing so. The welfare state and the bond market have collided, and the welfare state is in retreat.
Visit http://www.newsweek.com/2010/10/12/the-age-of-austerity.html to view the full article online.
Personal Finance
For years, the investment industry has tried to scare clients into staying fully invested in the stock market at all times, no matter how high stocks go or what's going on in the economy. "You can't time the market," they warn. "Studies show that market timing doesn't work."
Visit http://online.wsj.com/article/SB10001424052748703440004575548253340306596.html to view the full article online.
Government
Tens of thousands of small charities will soon lose their tax-exempt status under federal law if they fail to meet a deadline for filing a simple eight-item informational tax form that would take them as little as five minutes to complete.
Visit http://philanthropy.com/article/Small-Charities-Risk-Losing/124685/ to view the full article online.
Leadership
It’s no surprise that Aaron Andrews has been fond of historically Black colleges and universities all his adult life. He credits the mentoring he received at Morgan State University, where he earned a bachelor’s in physical education, for transforming "an insecure, inner-city kid" into a first-generation college graduate now bringing education to another generation of disadvantaged minorities.
Visit http://diverseeducation.com/article/14250/ to view the full article online.
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