For hiring, 2025 was a brutal year to search for a job. The Wall Street Journal reports that 2026 could be worse: "At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire." The WSJ adds that pullback from adding manpower could be temporary. But given shareholders' demand for cost-efficiency and the continual improvements in AI, chronic unemployment could become standard. However, there is a solution. An old-fashioned one. That's becoming a solopreneur, that is setting up your own business without partners or employees. The model dates back to ancient times. The golden age of the solo business owner in America had been from the late 1800s to about the mid 1920s. There had been a wave of immigrants, discrimination against them and few jobs. They drove pushcarts ...
Monitor postings on Reddit subunits focused on careers and it's no longer news that PhDs, both newly minted and those already in the labor market, generally are finding the credential an obstacle in the search for a job or even contract assignments. No, not an asset. Let's cut to the chase. The highly educated have to get smart about this, fast. With some exceptions, I advise those I coach to leave the PhD off job-search materials. The negative assumptions among those hiring range from that you expect too much money to you'll be a know-it-all. When my boutique collapsed post-9/11 and I had to land a survival job I lopped off everything but the BA. At the interview I dumbed-down my vocabulary. Sure Harvard was started in 1636 but America remains anti-intellectual. In addition, the integration of AI into strategy and operations makes knowledge work in general less and less marketable. That's the narrative of our times: Advanced degrees having low or no ROI. The result,...
The March 21st - March 27th 2026 edition of The Economist documents the monetary aspects of the global sex economy. Here are snippets: Porn - $100 billion Exchange of Sex for money - 0.6% of females over 15 of age Virtual companionship - to be determined. And, OnlyFans - $7 billion. That could expand exponentially. According to Bloomberg , OnlyFans is in advanced talks for a possible sales deal for a stake in the business. The buzz is that this is fertile territory for M&A. To assist with those kinds of deals, Bloomberg Law just reported that OnlyFans poached from elite law firm Skadden partner David Eisman. The position is general counsel. In his 20-year career at Skadden he specialized in entertainment and media and was a key player in the M&A group in Los Angeles. Will there be snickers throughout the legal sector about Eisner's new employer? Will Skadden CMO Luke Ferrandino have to go on the defensive? Maybe not. ...
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