Skip to main content

Posts

Showing posts with the label cnnmoney

Hard to believe: America has THIS MANY jobs

Every now and then, I search jobs in my industry on sites like Indeed.com, just to get a sense of how many jobs are being created. If my research is any indication, the job market remains sluggish. But you wouldn't know this from the stats reported by major news outlets. Earlier today, CNNMoney reported that America boasted 5.6 million jobs in December, slightly lower than the all-time record of 5.7 jobs set in July. The report adds that the number of job openings now is almost three times the 2.1 million available during July 2009. During the recession, employers could pick and choose employees, as there were few job openings and plenty of available workers. Per outlets like CNN, the tables have mostly turned now: there are ample jobs but a dwindling number of workers. Unemployment dropped to 4.9% in January, the lowest rate in 8 years. Still, I'm just not seeing a glut of jobs available, at least not locally. Perhaps the winds of change have not yet reached every part o...

A pimp who helps his prostitutes do what?

According to an article posted on the CNNMoney website today, Dennis Hof, owner of several brothels in Las Vegas, is helping the women who work for him pay off their student loan debt. His most well-known establishment is the Moonlite Bunny Ranch Brothel, which was featured on the HBO late-night TV series "Cathouse" from 2005 to 2007. Hof says that many of the women who apply for jobs at his brothels are college students. In fact, he estimates that roughly 18% of the more than 500 women who work for him are saddled with student loan debt. So, he's resolved to give them a hand by matching payments the prostitutes make toward their student loan debt over the next two months. He's already helped a few of them pay down their debt, including a few women whom CNNMoney reports owed more than $40,000. The women claim that Hof has been a lifesaver without whom they would not have been able to become debt-free -- at least not this quickly. I can only imagine Hof seeing ...