Archive for December 4th, 2012

How do small businesses feel post-election?

December 4, 2012

Answer: Not very good.

Gallup’s Small Business Index has fallen 28 points since the votes were counted … and is now back in negative territory.

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And, the headline number only tells part of the story:

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How many millionaires & billionaires are there in the US ?

December 4, 2012

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Based on a very rigorous analysis by Robert Wolff of NYU …

Scored in constant 1995 dollars – i.e. eliminating the effects of inflation  …

  • Roughly 6.5% of US households – about 7.5 million — have a net worth greater than $1 million.
  • That’s up 5.25% since 2007 … an increase from 6.3% of households
  • But, the number of households with net worth greater than $5 million declined by 27.5% from 2007
  • And, the number of households with net worth greater than $10 million declined by 25% from 2007

Bottom line: More millionaires … but they have fewer millions.

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Source: Wolff, NYU, Asset Price Meltdown and Wealth of the Middle Class

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How much are you worth?

December 4, 2012

Punch line: What goes into determining pay?  Here are 8 tips to discover the salary you deserve.

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Excerpted from Forbes, “How To Figure Out What You Really Should Be Paid”

Not sure if your salary is commensurate with your skills and accomplishments?

Curious how your pay measures up to others’ in your field? Want to know what you’re really worth?

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Here’s how to determine your value in the labor market:

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