While the movie The Blind Side was a box office smash, Michael Lewis said he and the Tuohy family received around $350,000 each from the movie’s profits. Oher says he wants $15 million from the Tuohys.
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The United Kingdom’s Labour Party has abandoned the policy of self-identification — that is, allowing people to change their legal gender simply by filling out a form.
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The number of people who made a hardship withdrawal during the second quarter surged from the first three months of the year to 15,950, an increase of 36% from the second quarter of 2022, according to Bank of America’s analysis of clients’ employee benefits programs, which are comprised of more than 4 million plan participants.
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The United Kingdom’s Labour Party has abandoned the policy of self-identification — that is, allowing people to change their legal gender simply by filling out a form.
***
The number of people who made a hardship withdrawal during the second quarter surged from the first three months of the year to 15,950, an increase of 36% from the second quarter of 2022, according to Bank of America’s analysis of clients’ employee benefits programs, which are comprised of more than 4 million plan participants.
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China Economy
China’s major tech companies have shed more than $1 trillion in market value and laid off hundreds of thousands of workers over the past two years. For years the government boosted favored industries like real estate and electric vehicles, but these are now deflating. Several hundred EV startups have gone bust in the past few years.
Many young, highly educated Chinese who can’t find jobs in their chosen fields have dropped out of the labor force, which they describe as “lying flat.” One Peking University economist estimated that youth unemployment would have hit 46.5% this spring if the millions of workers who have stopped looking for work had been counted.
The government is telling college graduates to settle for lower-paying, blue-collar jobs. “The more ambitious you are, the more down to earth you need to be,” the Communist Party’s People’s Daily said last month. The censorship of unemployment data is aimed at preserving social stability amid a growing class of educated, disillusioned and restless young people who could become a source of political unrest.--wsj
China Economy
China’s major tech companies have shed more than $1 trillion in market value and laid off hundreds of thousands of workers over the past two years. For years the government boosted favored industries like real estate and electric vehicles, but these are now deflating. Several hundred EV startups have gone bust in the past few years.
Many young, highly educated Chinese who can’t find jobs in their chosen fields have dropped out of the labor force, which they describe as “lying flat.” One Peking University economist estimated that youth unemployment would have hit 46.5% this spring if the millions of workers who have stopped looking for work had been counted.
The government is telling college graduates to settle for lower-paying, blue-collar jobs. “The more ambitious you are, the more down to earth you need to be,” the Communist Party’s People’s Daily said last month. The censorship of unemployment data is aimed at preserving social stability amid a growing class of educated, disillusioned and restless young people who could become a source of political unrest.--wsj
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