
Top News
The U.S. Postal Service on Monday announced a $2.1 billion cost savings proposal that would result in the end of next-day service for regular mail and the loss of about 28,000 postal worker jobs. (CNN/Money)
Visit http://money.cnn.com/2011/12/05/news/economy/postal_service/ to view the full article online.
When unemployment fell to 8.6 percent last month, its lowest rate in two-and-a-half years, some newspapers hailed the number as a sure sign that the recovery is back on track. But when you dig into the numbers behind the numbers, a darker picture comes into focus. It's not just that jobs are growing. It's that the labor force is shrinking. (The Atlantic)
Visit http://www.theatlantic.com/business/archive/2011/12/the-incredible-shrinking-work-force/249688/ to view the full article online.
International
Second marriages supposedly represent the triumph of hope over experience. Similarly, in the lead-up to every EU summit, investors become optimistic that this time – finally – leaders will manufacture a solution to the debt crisis. (The Economist)
Visit http://www.economist.com/node/21541414 to view the full article online.
Education
Initiatives are a way to get young people – a demographic that most nonprofit boards have trouble connecting with – involved with boards at an early stage in their careers. On average, only six percent of nonprofit boards have members under the age of 35, according to a 2008 Urban Institute study of nonprofits with annual expenses between $500,000 and $5 million. (Bloomberg/Businessweek)
Visit http://www.businessweek.com/business-schools/mbas-lend-their-skills-to-nonprofit-boards-12052011.html to view the full article online.
Technology
You probably already use sites like PayPal and Mint to keep track of your finances. But you no longer have to sit at a computer to check your bank balance. These must-have money apps let you check balances, get budget reminders, locate ATMs and even make deposits on the fly. All seven are free. (Kiplinger)
Visit http://www.kiplinger.com/slideshow/Best-Free-Money-Apps-for-2011/1.html to view the full article online.
Entrepreneurship
Selling to a CEO is easy, because most CEOs are positive, high energy, and able to see the possibilities. But selling to a CFO... not so much. CFOs are paid to see risks and to worry about what things cost. They’re the classic roadblocks in your drive to make sales. (Inc.)
Visit http://www.inc.com/geoffrey-james/sell-to-a-CFO-9-rules.html to view the full article online.
The Economy
On Tuesday we wrote about how the entirety of the net decline in the labor force last month could be explained by women dropping out. We also puzzled over why a majority of women who left the labor force happened to have been employed before they opted out, because the stereotypical labor force dropout is usually an unemployed worker who got discouraged and gave up looking for a new job. (New York Times)
Visit http://economix.blogs.nytimes.com/2011/12/07/more-on-labor-force-dropouts/?ref=business to view the full article online.
Corporate America
We've a chance to take a shot at really working together to turn upside down the way we approach the challenges we are facing in the world and to look at them in a brand new, entrepreneurial way. Never has there been a more exciting time for all of us to explore this next great frontier where the boundaries between work and higher purpose are merging into one, where doing good really is good for business. (Fast Company)
Visit http://www.fastcompany.com/1799877/richard-branson-screw-business-as-usual to view the full article online.
Faced with a dearth of skilled labor, more companies are taking employee education into their own hands. Unemployment figures are high, but finding workers with the right skills for the job – especially for highly specialized roles such as power plant technicians or laboratory chemists – remains a big challenge, many firms say. (Wall Street Journal)
Visit http://online.wsj.com/article/SB10001424052970204397704577074791844935520.html to view the full article online.
Leadership
Executives spend a lot of time worrying about their companies' products and prices, but they don't spend nearly enough time worrying about corporate character. Why would they? A lot of them don't believe companies even have a character, and others don't see what difference it could possibly make. (Harvard Business Review)
Visit http://blogs.hbr.org/cs/2011/12/employees_who_identify_with_th.html to view the full article online.
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