links for 2010-12-30

• Who Will Struggle in 2011 – Yahoo! Finance
  Quote:"The value of education has never been clearer. The unemployment rate for people who never graduated high school is 15 percent–depression-level joblessness. For high-school grads with no college, unemployment is 10.4 percent, and for college grads it's just 4.9 percent.

  // Complete lie. There are hundreds of thousands of college grads who graduate without a job and can't find one. Guess what, they don't get counted into the unemployment numbers as they can't apply for unemployment insurance. Also, the numbers are not put into context. People under thirty, regardless of education, have a much higher unemployment rate than those forty over over. The value of education is falling, and this is proven by the millions of BAs, MAs and the occassional PhD who are working as clerks or waitstaff.

  (tags: economy financial business employment BS)