Thursday, January 23, 2025

History Lesson: Panama Canal

America’s Fraught, Sometimes Deadly, History with the Panama Canal
President Trump’s push to take back control of the strategic waterway stokes memories of a period of U.S. imperial ambition and violence.

Wednesday, January 22, 2025

Labor Market Challenges Facing New Entrants

Younger US workers struggle for jobs as entry-level posts disappear
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/younger-us-workers-struggle-for-jobs-as-entry-level-posts-disappear-86796454
 
Fake Job Postings Are Becoming a Real Problem
https://www.wsj.com/lifestyle/careers/ghost-jobs-2c0dcd4e
One in five jobs advertised is fake or not filled, according to a new analysis; ‘more soul-crushing than ever’

6 Ways to Fix the Job-Application Nightmare
https://www.wsj.com/lifestyle/careers/job-search-applications-fixes-476ed638
Companies are needlessly hurting their reputations among potential employees. Here’s what they can do to improve the process—and attract better talent.

 
Balance of Power Shifts Back Toward Bosses
https://www.wsj.com/economy/jobs/balance-of-power-shifts-back-toward-bosses-a2861df1
With labor market less tight, workers face return-to-office mandates, smaller bonuses, and no more pet sick days.


Blame AI for your grueling job interview
https://www.ft.com/content/afeaab73-94c3-4698-84df-6557ab1f3c71
Efforts to push back against unsuitable mass applications are turning a dispiriting situation into a miserable one. 

Landing a Job Is All About Who You Know (Again)
https://www.wsj.com/lifestyle/careers/networking-job-search-c6f06b0c
Networking is making a comeback as employers drown in computer-generated job applications.

How Flunking a Personality Test Can Cost You Your Dream Job
https://www.wsj.com/lifestyle/careers/jobs-hiring-personality-test-5cd8b25c
The thing that prevents you from landing your next job might be your ‘fit’ or what a test supposedly reveals about it.


Job Search for US Unemployed Takes Longer in Labor Market
https://www.bloomberg.com/news/articles/2024-12-04/job-search-for-us-unemployed-takes-longer-in-labor-market
More than 40% of the roughly 7 million people looking for work have now been searching unsuccessfully for at least 15 weeks — a number rarely seen in the post-World War Two era until the global financial crisis of 2008.

Dubai Experiences an Influx of Rich Expats

Millionaires in Dubai make everyone else feel poor
https://www.ft.com/content/a6319d09-9691-43c2-854c-9e709722bfb6
The influx of ultra-rich expats is putting pressure on the lifestyles of the merely wealthy. 

Rich World's Climate Hypocrisy

The developed world’s climate hypocrisy
https://www.washingtonpost.com/opinions/2025/01/22/climate-hypocrisy-rich-poor-development/
Self-serving energy policies cloaked in high-minded rhetoric are hurting the world's poor. 

The Socratic Method

Should You Question Everything?
https://www.newyorker.com/culture/open-questions/should-you-question-everything
In “Open Socrates,” the philosopher Agnes Callard reminds us how thinking should feel. 

Related:

Be Wary of Hubris After a Political Victory

The strange liberal nonchalance about Trump’s return
Having supposedly worried too much about him last time, people are overcorrecting
https://www.ft.com/content/e11b77b4-eb8a-438c-ba74-39715781bf35
Janan Ganesh:
There is a hubris in Maga-world right now that just wasn’t there in 2017, in part because Trump hadn’t won the popular vote. Talk of much higher economic growth, territorial conquest, putting a US flag on Mars: if this doesn’t reek to you of pride before a fall, of imminent over-reach, then we just have different antennas. (And I hope mine is wrong.) In all democracies, a party is never more dangerous than when high on fresh electoral success. The difference with the US is the size of the stakes for the outside world. Think of George W Bush after his historically good midterms in 2002, or Lyndon Johnson’s escalation in Vietnam after 1964, when his vote pile could be seen from space. 

MAGA versus Musk

The Maga movement is out to get Elon Musk – and so is China
https://www.telegraph.co.uk/business/2025/01/22/beware-of-tesla-the-maga-movement-is-out-to-get-elon-musk/
Trump may have to sacrifice the tech billionaire – Washington is too small for two such egos.