Survey Finds Writing is Key to Workplace Success
Survey Finds Writing is Key to Workplace Success

(MF) - Are you looking for the right skills to get ahead in your career? A recent survey of America's top businesses reveals that being able to write well is essential for success, especially in industries that will have the greatest growth in the future. The report from the National Commission on Writing for America's Families, Schools, and Colleges shows that poorly written job applications can be the kiss of death.


The survey also found that computer technology plays an important role in writing and the workplace.


"With the fast pace of today's electronic communications, one might think that the value of fundamental writing skills has diminished in the workplace," said Joseph M. Tucci, president and CEO of EMC Corporation. "Actually, the need to write clearly and quickly has never been more important than in today's highly competitive, technology-driven global economy."


The National Commission on Writing asked members of the Business Roundtable, a group of business leaders from more than 150 top American corporations, how important writing really is in the workplace. Half of the companies reported that they take writing into consideration when hiring. That figure jumped to 80 percent among the companies in the services and finance, insurance, and real estate sectors, or FIRE - the corporations with greatest employment growth potential.


"Applicants who provide poorly written letters wouldn't likely get an interview," one insurance executive explained.


Corporations spend more than $3 billion annually trying to improve employees' poor writing skills. Being able to write well may also help workers make the leap from hourly pay to professional, salaried positions. Two-thirds of salaried employees in large American companies have some writing responsibility, compared to smaller percentages among hourly employees.


"People unable to express themselves clearly in writing limit their opportunities for professional, salaried employment," said Bob Kerrey, president of New School University in New York and chair of the commission.


The commission, a group of education and business leaders from across the country, is pushing for a stronger focus on the teaching of writing at all grade levels from kindergarten through college. This advice also applies to those who are already out of school.


"You're never too old to learn," Kerrey advises. "It's a skill that is acquirable."

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Memory Triggers
From: MoreThelly
Message 1 in Discussion




40.
Silhouettes of Lincoln & Washington

41.
The smell of paste

42.
Evening in Paris perfume

43.
Old Spice after shave

44.
The Stroll

45.
Sock Hops

46.
Popcorn balls

47.
When TVs had to warm up

48.
Test Patterns

49.
Mom was home all the time

50.
Nobody had purebred dogs

51.
Your allowance was a quarter

52.
When you'd pick up pennies

53.
Nylons came in two pieces

54.
Male teachers wore neckties

55.
Female teachers wore high heels

56.
When gas was pumped for you

57.
When they cleaned your windshield

58 When they
checked your oil

59 When you
got trading stamps

60 When dining
out was a privilege

61 When the
prom was in the gym

62 When you
went steady

63 When you
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64 Or the
car

65 When you
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66 Nancy
Drew

67 The Hardy
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68 Laurel
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70 The Lone
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71 The Shadow
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73 The sound
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74 Summer bike
rides

75 Going to
the plunge

76 Was that a
trip down Memory Lane?

77 Add a few
of your own!

~~~~~~~~~~~~~~~~~~~~~~~~~~~~

(More)
Thelly


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Allison DuBois - Phoenix Arizona resident
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Real Estate Bubble Housing Bubble
Real Estate Bubble Housing Bubble

Housing Bubble


Real Estate Bubble

The Housing Bubble or The Bogeyman Under the Bed
May 11 , 2005 by Steve Mullis


Recently there has been much discussion and speculation about a phrase that sends shivers down the spines of realtors and homeowners alike...”The Housing Bubble”.

Having looked at data from a variety of sources and attending a presentation for top named economists, the future of Arizona housing is clearing up nicely.

Developments that can affect the housing market are many...interest rates, employment, population increases or decreases, consumer confidence, the “Housing Affordability Index” the livability index, population age, etc.

Real Estate Bubble

Housing Bubble

The Housing Bubble Revisited

Contributed by Bob McCord, CEO of the Success Financial Network

It's difficult not to write about the "housing bubble" given the media's continued effort to make it happen. There is no question that the pace of sales has to slow and that double-digit price increases can't continue. But that doesn't make a bubble.




Housing analysts say price 'frenzy' cannot continue

Housing analysts say price 'frenzy' cannot continue

Glen Creno and Catherine Reagor
The Arizona Republic
Jun. 11, 2005 12:00 AM

The party isn't over yet for metropolitan Phoenix's housing market, but analysts say it may be winding down.

Existing homes continued to command premiums in May when the median price hit $235,000, according to the Arizona Real Estate Center at Arizona State University. That's a 6.3 percent jump from the April figure, the type of move that took a year to achieve in the late 1990s.

"Deep down, everybody knows you can't sustain this pace," said Jay Butler, director of the Real Estate Center. advertisement



Real Estate Bubble


Driving the market: a strong economy, new jobs, low mortgage rates and investors lured by big gains in home prices. Butler says the Phoenix housing market is in a price bubble, and other analysts are reaching similar conclusions.

A bubble is a rapid run-up in home prices that the market cannot sustain, so housing prices ultimately fall. If prices do fall here, it could put pressure on all home values and spark some homeowners as well as investors to sell. That, in turn, could drive prices down even more.

University of Arizona economist Marshall Vest said outsize price gains should begin to moderate by the end of the summer. He said housing statewide shows "a lot of characteristics" of a bubble.

"Demand far outstrips supply, and the demand side appears to be driven by a frenzy of sorts, by greed," he said. "The frenzy is going to evaporate, and the market will begin to return somewhat to normal. It's not that prices will fall. The rate of the increase will moderate."

State gains revenue windfall from hot real estate market

State gains revenue windfall from hot real estate market
$1 billion in April tax collections sets record, provides millions in surplus funds

Robbie Sherwood
The Arizona Republic
Jun. 8, 2005 12:00 AM

Arizona's tax revenues have surged to record levels, thanks largely to profits from hot housing and real estate markets that are powering one of the most robust economies in the nation.

State tax collections for April topped $1 billion for the first time ever, the largest single monthly take in Arizona history and a 34 percent jump over April last year.

That gave the state an April windfall of $160 million to $300 million, the latest in a series of monthly increases that have added hundreds of millions of dollars to the state's coffers this year.

Economist Elliott Pollack warned Tuesday that the real-estate-fueled bubble could deflate, if not burst, within two years just as the dot-com boom did before the 2001 recession. Tanking stocks along with the terrorist attacks triggered an overnight 40 percent revenue drop and $1 billion shortfalls that leveled off only this year.

Housing Bubble


Look what's bubbling in Phoenix's economy

Look what's bubbling in Phoenix's economy

May. 26, 2005 12:00 AM

Few in our great real estate casino want to talk publicly about a housing bubble. This is classic bubble behavior.

It was on display most recently in the tech bubble of the late 1990s. Some are deluded, experts being particularly prone to the malady. Back then it was the "long boom" theory; now it's "people will always want to move to Arizona" and other fables. Others know they have a tiger by the tail, and don't know how to let go without getting killed. And for now, these players are getting stunningly rich.

Everyone, it seems, is trying to get into the game. This is also classic bubble behavior. From the capital markets to the cubicle prole who has bought a couple of investment houses in Eloy, bad money follows good past the market peak. In the tech boom, we watched spectacular IPOs for companies with no profits and products no one understood. People who didn't even own a computer were putting their life savings into dot-coms with impossible price-to-earnings ratios.

Don't Buy Housing Bubble Propaganda

Don't Buy Housing Bubble Propaganda
Thursday May 26, 2:04 pm ET
By Barry Ritholtz, RealMoney.com Contributor


The old saw is true: Every general fights the previous battle. And after missing the tech and telecom bubbles, the generals of the financial media are now battling more bubbles than we can count:
There are bubbles in debt, credit and interest rates. There is the oil bubble, the import bubble, the China bubble and the current account deficit bubble. In short, we have a veritable bubble in bubbles. Indeed, it is astonishing how many people who failed to either acknowledge the tech bubble in the 90s -- or at least failed to act on it -- now have no hesitation to declare real estate to be a bubble. This despite their lack of expertise or past track record in spotting bubbles on a timely fashion.


The bubble du jour though is the housing bubble. From Greenspan's testimony to CNBC's Housing special to (uh-oh) this month's Fortune magazine cover, it seems to be all anyone wants to talk about.

My position is that housing is not in a bubble -- yet. But it is an increasingly extended asset class that may be subject to a significant correction in the future. But a 25%-35% retracement is a very different situation than a bubble (recall that the Nasdaq dropped 80%), primarily because there are very different consequences for both homeowners and investors.

Not Your Grandson's Bubble
That said, comparing real estate with other true bubbles -- most especially the tech/telecom/dotcom bubble of the 1990s -- is imperfect, due to several factors.
Homes are illiquid assets that take several months to sell; stock can be liquidated instantly.

The housing market is regional, with an uneven distribution of asset appreciation: Equities are national, and even global.

Lastly, there is an intrinsic value of a house as a place where you can live; Compare this with a company whose only asset was a sock puppet -- the tulip bulb of its day -- and it's clear why a profitless, assetless, publicly traded company can go to zero. Barring an external disaster like Love Canal, houses will not.

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Housing Bubble
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