Generation X Fares Poorly During Recession, Says Study

Generation X Fares Poorly During Recession, Says Study

Members of Generation X, the so-called slackers weaned on Saturday morning cartoons, divorce and cynicism, are now in their late 30s to late 40s. And according to a recent report, they really do have something to complain about.

A Pew Charitable Trust study, titled "Retirement Security Across Generations," examined the savings behavior of five age groups before the Great Recession hit and found that Gen Xers - the group of Americans following the baby boomers that range in age from 38 to 47 - fared especially poorly during the recent economic down swing. As a result, their retirement years will likely be more tarnished than golden.

The study, using data from 1989 through 2010 collected by the Federal Reserve Board and the University of Michigan, found that between 2007 and 2010, Gen Xers-which the report defined as those born between 1966 and 1975-lost nearly half of their overall net worth, an average of about $33,000, and also had higher levels of debt than previous generations.

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http://gma.yahoo.com/blogs/abc-blogs/generation-x-fares-poorly-during-recession-study-finds-172934936.html

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US: Cities Where Suburban Poverty Is Skyrocketing

Cities Where Suburban Poverty Is Skyrocketing

The number of poor people in U.S. suburbs rose by 63.6% between 2000 and 2011, from 10 million to well over 16 million people. For the first time, there are now more people living in poverty in the suburbs than in cities. In some metro areas, the number of poor people living outside the city proper has jumped even more rapidly. In the Atlanta, Ga., suburbs there are roughly 480,000 more people living below the poverty line than there were in 2000, an extraordinary 158% increase in the number of the suburban poor. Based on data collected by the Brookings Institution as part of a comprehensive study on suburban poverty, 24/7 Wall St. reviewed the 10 cities with the biggest increases in suburban poverty between 2000 and 2011.

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http://247wallst.com/2013/05/28/cities-where-suburban-poverty-is-skyrocketing/

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US: Storm brings tornadoes, dumps heavy rain on Oklahoma, Missouri

AGAIN! Storm brings tornadoes, dumps heavy rain on Oklahoma, Missouri

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http://www.cnn.com/2013/05/31/us/severe-weather/index.html?hpt=hp_t1

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Russia: Woolly mammoth found with blood in veins boosts chance of cloning beast

Woolly mammoth found with blood in veins boosts chance of cloning beast

THE carcass of a 10,000-year-old woolly mammoth had been found with blood still in its veins - boosting the chances of a Jurassic Park style clone of the beast.

The ancient beast was found in the Novosibirsk archipelago off the northern coast of Siberia.

When stunned researchers from the top Yakutsk University poked the remains with an ice pick incredibly, blood flowed out.

A deal has been signed to give South Korean scientists exclusive rights to clone the mammoth.

Hwang Woo Suk, a stem cell scientist who created the world’s first cloned dog in 2005, said that once the tissues had been treated to a nuclear transfer process, eggs would be implanted into the womb of a live elephant for a 22-month pregnancy.

Semyon Grigoriev, chairman of the university's Museum of Mammoths and head of the expedition, said: "The fragments of muscle tissues, which we've found out of the body, have a natural red colour of fresh meat.

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http://www.thesun.co.uk/sol/homepage/news/4948104/Woolly-mammoth-found-with-blood-in-veins-boosts-chance-of-cloning.html

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Can you land a job with 140 characters?

(CNN) -- The hottest way to present your resume currently involves just 140 characters and a lot of hype. Twitter resumes -- or "twesumes" -- have been touted as the best way for social media-savvy types to snag a dream job.

But before you post your own abbreviated CV, it is worth considering its limitations and what tweeting your employment history really says about you.

"I cannot imagine someone explaining their breadth of experience in 140 characters," says Sai Pradhan, a headhunter and managing director for Trufflepig Search, based in Hong Kong. "I know people are calling it an elevator pitch these days, but my goodness, even that's a bit longer. At most it could be an introduction with a link to your CV."

The term twesume (a contraction of "Twitter" and "resume") began gaining traction in 2011 after it appeared in an article by Sean Weinberg on social media news site, Mashable. Weinberg co-founded the website RezScore, which allows users to upload their resumes and receive an algorithmic-based grading on it.

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http://edition.cnn.com/2013/04/22/business/twitter-resume-cv-job/index.html?iid=article_sidebar

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Australia Tops List of Happiest Countries

Australia Tops List of Happiest Countries

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http://online.wsj.com/article/SB10001424127887323855804578508554126690568.html?mod=e2fb#

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New SARS-like virus is a 'threat to the entire world'

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http://www.cnn.com/2013/05/28/health/france-coronavirus-death/index.html?hpt=hp_t1

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