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☆ Millennials Are Staring Down 40 and It's Making Them Terrified
▼ + stars: | 2024-10-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

The modern 40 means having toddlers running around, buying your first home, and, at last, catching up on retirement savings. "By the time you're 40, 45, you can't sing, and you can't play guitar; maybe it's time to give up on your aspirations of being a rock star." At work, you realize you're protected from age discrimination, which you feel like you're still much too young for. When we're young, we're happy — and then that declines, bottoming out in middle age, about 40 to 50. The question isn't just whether my 40 will look like my parents' 40 — it's also whether it will look like the 40 of everyone from my high school.

Persons: you've, touchpoints, Carol Graham, they're, Hannes Schwandt, Millennials, they'd, that's, Jean Twenge, Gen X, Silents, Graham, Justin Balik, it's, Oz, Kelly, She's, —, It's, They're, We're, Instagram, Gen Zers, Lindsey Anderson, Anderson, midlife, Gen, Emily Stewart Organizations: AARP, Brookings Institution, grays, Northwestern University, Facebook, University of Maryland, Business Locations: midlife, Schwandt, New Jersey, Massachusetts, I'm

☆ A millennial woman says there are benefits to returning to the office, but it hasn't made her more productive
▼ + stars: | 2024-10-02 | by ( Samantha Grindell | ) www.businessinsider.com time to read: +6 min

Advertisement"I knew it was coming," Joy-Ann told BI. She told BI there's a lot to like about being back in a more traditional work environment, but it hasn't made her a more productive employee. Because she works in the office, Joy-Ann said it feels easier to step away from her desk. AdvertisementThat in-person connection can benefit people's careers, as Hannes Schwandt, an associate professor of Human Development and Social Policy, previously told BI. She hasn't seen a productivity boost — yetDespite the benefits, Joy-Ann told BI that working in the office has not made her more productive at her job — at least not yet.

Persons: Ann, —, Joy, hasn't, she's, Hannes Schwandt, Ann said, Ann doesn't, It's Organizations: Service, Amazon, JPMorgan, Apple, Disney, Human, Social Locations: New Jersey, New York City

☆ 1 in 10 young college graduates is 'idled'—it could affect their earnings long-term
▼ + stars: | 2024-05-17 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +1 min

Just over 65% of recent college graduates — workers ages 21 to 24 — are employed and not enrolled in further education as of March 2024, according to a recent study by the Economic Policy Institute. But not all young graduates are thriving. EPI found 1 in 10 young graduates were "idling" as of March 2024, meaning they were neither employed nor going back to school. It's normal for recent college graduates to take time to figure out their next steps or look for work. EPI cited Schwandt's research on recession labor markets and their long-term impacts in its study.

Persons: EPI, Hannes Schwandt Organizations: Economic, Institute, Workers, Northwestern University, CNBC

Private equity firms are looking at Statista ahead of a formal sale process, which is likely to kick off later next year, the sources told Reuters. Only once this transaction is finished will a Statista process begin, they added. Asam sits alongside Statista in Stroeer's data-as-a-service and e-commerce division, which it has signalled as non-core to its advertising business. Statista is viewed as non-core because the rest of Stroeer operates out-of-home advertising, online advertising and billboards across Germany. Stroeer acquired a 78.8% majority stake in Statista in December 2015 for around 57 million euros ($61 million).

Persons: JP Morgan, Friedrich Schwandt, Stroeer, Christian Schmalzl, Asam, Statista, Emma, Victoria Farr, Jo Crowley, John O'Donnell, Alexander Smith, David Evans Organizations: Reuters, NASDAQ, Thomson Locations: FRANKFURT, LONDON, Statista, Stroeer, Germany, Hamburg, Frankfurt, London

☆ U.S. announces $3.8 billion security assistance package for Ukraine, European allies
▼ + stars: | 2023-01-06 | by ( Amanda Macias | ) www.cnbc.com time to read: +3 min

WASHINGTON – The Biden administration announced nearly $3.8 billion in security assistance for Ukraine and European allies on Friday, Washington's largest package since Russia's full-scale invasion began nearly a year ago. The $2.85 billion weapons package includes Bradley infantry fighting vehicles, artillery systems, armored personnel carriers, surface-to-air missiles and ammunition. New to this aid package are 50 Bradley infantry fighting vehicles, armored tracked vehicles manufactured by U.S. defense firm BAE Systems . Ukrainian President Volodymyr Zelenskyy thanked President Joe Biden for the "very powerful" security package during a video message on his official Telegram channel. For the first time, we will receive armored vehicles Bradleys, this is exactly what is needed," Zelenskyy said.

☆ Work flexibility, stimulus helped fuel pandemic 'baby bump,' study shows
▼ + stars: | 2022-10-19 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

Economists from UCLA, Northwestern and Princeton universities found that pandemic trends, such as increased work flexibility, helped push up US birth rates last year to 6.2% from pre-pandemic levels, marking the first major reversal in declining fertility rates since 2007 and counteracting a longstanding economic certainty: Birth rates don’t increase during economic downturns. The baby bump was also pronounced among women aged 30 to 34 and those between the ages of 25 and 44 with a college degree. The latter group was more likely to retain their job during the pandemic and work from home. The pandemic helped to expose the critical role the child care industry serves in bolstering labor market participation. “The US has experienced declining fertility rates now for over a decade, and this has been a concern to many policymakers,” he said.

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