FEATURE
Recession, Technology Kill Middle-class Jobs
January 23, 2013 | Raleigh News & Observer/AP
Five years after the start of the Great Recession, the toll is terrifyingly clear: Millions of middle-class jobs have been lost in developed countries the world over. And the situation is even worse than it appears.
Most of the jobs will never return, and millions more are likely to vanish as well, say experts who study the labor market. What's more, these jobs aren't just being lost to China and other developing countries, and they aren't just factory work. Increasingly, jobs are disappearing in the service sector, home to two-thirds of all workers.
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Three VCs See New Opportunities as Changes Roil Venture Industry
January 25, 2013 | Xconomy
There are a lot of dismal stats in a wrap-up of 2012 venture capital activity from the National Venture Capital Association that is making the rounds. As we’ve reported, total VC investments declined nationwide last year by 10 percent from 2011. The number of active U.S. firms is less than half the 1,035 counted in 2000. The 135 first-funding deals for life sciences startups in 2012 was less than half the 274 deals counted in 2006.
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Related:
NVCA Eyes New Regs for Growth-Focused Firms
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