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Late Baby Boomers Held An Average Of 11.7 Jobs From Ages 18 To 48

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from the Bureau of Labor Statistics

The average person born in the latter years of the baby boom (1957-1964) held 11.7 jobs from age 18 to age 48, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24.

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What We Read Today 30 March 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Interesting Study On "Real" Costs Of Freight Transport To The Economy

by Congressional Budget Office

Although freight transport contributes significantly to the productivity of the U.S. economy, it also involves sizable costs to society. Those costs include wear and tear on roads and bridges; delays caused by traffic congestion; injuries, fatalities, and property damage from accidents; and harmful effects from exhaust emissions. No one pays those external costs directly - neither freight haulers, nor shippers, nor consumers. The unpriced external costs of transporting freight by truck (per ton-mile) are around eight times higher than by rail; those costs net of existing taxes represent about 20 percent of the cost of truck transport and about 11 percent of the cost of rail transport.

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Infographic Of The Day: Airplane Safety Equipment A View From The Top

Look up! Right now there are approximately 5,000 planes in the air over the United States.

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Video of the Day:

In response to the report that says the aircraft audio shows a pilot was locked out of cockpit: "(...) A senior military official says, "Then the audio indicated that one of the pilots left the cockpit and could not re-enter. “The guy outside is knocking lightly on the door, and then he hits the door stronger, and no answer. There is never an answer. You can hear he is trying to smash the door down.”


video of day picture





FOREX NEWS by DailyForex

Confidence in Euro-zone

Confidence in the euro zone’s economy rose for a fourth straight month in March to its highest since July 2011, a European Commission survey showed on Monday, suggesting the weak euro and lower oil prices are spurring the recovery.

BOE Perfects Art of Stable Door Closure

It is always easy to be wise after the event. Bank regulators should have been more wary of the risks to the banking sector through dubious loans issued to sub-prime lenders and the folly of “securitising” such loans in blocks and believing that that would make an investment grade product.

Fed Chief Comments Lift Dollar

In spite of the recent Federal Reserve policy decision which was surprisingly and decidedly dovish, the head of the US central bank, Janet Yellen, confirmed over the weekend that the Fed could begin gradually raising interest rates later in the year.

U.S. Job Report to Spur Fed Decision

Economists and investors are anxious about the March U.S. labor market report due out in the next week which could be the deciding factor in when the Federal Reserve will spring its first interest rate hike.

Forex Week in Review

Last week saw the final trading session for the week, the month and the quarter from the perspective of these summaries. Get the analysis for March 30, 2015 here.
 more investing, markets, precious metals & forex

31Mar2015 Pre-Market Commentary: Unusual Heavy Volatility, Iran Deal Concerning Investors As Greece Lenders Fail To Reach Deal And Iran Talks End Tonight



 more opinion

Iran is Ready to Crash Pipelineistan

by Pepe Escobar

Appeared previously at Doomstead Diner 23 March 2015

Way beyond an Iran nuclear deal, and way beyond the end of a nasty economic siege that"s been in place for 35 years since the Islamic Revolution, the coming Western embrace means above all that Iran is now ready to crash the chessboard I call Pipelineistan.

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Written by Gary

Premarket has been unusually heavy prior to the opening bell, The U.S. dollar is off of its high mark and is trending down while oil is sea-sawing near its morning lows.

Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan as Iran, powers push for nuclear deal as clock ticks toward deadline tonight. Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.

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 USA economy at a glance (boxed items are updates in last 7 days)

March 2015 Conference Board Consumer Confidence Improves, Above Expectations

Written by Doug Short and Steven Hansen

The Conference Board Consumer Confidence Index improved moderately after its decrease last month. The market expected this index to come in at 93.0 to 98.2 (consensus 95.5) versus the 101.3 reported.

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