Posts Tagged ‘employment’

The recent jobs report from the US shows positive growth across all sectors. However, this blogger notes that healthcare growth is not as large. In absolute number its still quite impressive — approximately 671k jobs posted — compared to other sectors. But its the annual growth of 3% that’s disappointing.

That brings this blogger back to his previous sentiments on diaspora. Healthcare jobs have contributed to Filipino livelihoods in the past decade, with schools churning out more nurses and caregivers than any time in history and this blogger wonders how this latest trend in US jobs will change things for many budding OFWs.

Posted with WordPress for BlackBerry.

Read Full Post »

Veteran interviewer Charlie Rose features legendary bond trader Michael Milken (of the 80s junk bond era) and economist and 2006 Nobel Peace Prize recipient Muhammad Yunus who founded Grameen Bank which pushed micro-credit in Bangladesh.

These two distinguished individuals share fantastic insights on the Bangladesh micro-credit experience and how lessons from self-employment are relevant to the global financial crisis and credit crunch of 2008.

A taste of some topics covered on the interview:

  • The problem caused by credit rating agencies.
  • How leverage and margin have contributed to the crisis. Also the problem with loans higher than collateral.
  • How micro-credit experience in Bangladesh translates to insights on where the global financial system went wrong.
  • What are ways forward to restore confidence in the financial system and avoiding future repeats of the crisis.
  • And much much more.

Read Full Post »