Jobs For All!

Q3 | November 2018

stack of old newspapers, pile of old newspapers

Topic: Pearls of Wisdom

Devin Crago CFA

November 7, 2018

Image used with permission: iStock/hanohiki


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Jobs For All!

Q3 | November 2018

Reading is one of the principal occupations in our profession. As we digest a wide range of material, interesting ideas and surprising facts – some serious and some light-hearted – rise to the surface. We attempt to share a few of those with you in each of our issues of Nexus Notes.

obs for all!

As a representation of the tightness of the U.S. labour market, there are more jobs available than people looking for work. Currently there are 7.1 million job openings in the U.S. compared to only 6.2 million unemployed persons. This is the first time since 2001 that this circumstance has arisen. Given the shortage of labour, it is perhaps unsurprising that employers might look to atypical pools of talent to find the employees they so desperately need. We read with interest comments from the head of the local Economic Development Corp. in Elkhart County, Indiana. He states, “Employers are asking, ‘Do we know when the next batch of ex-offenders will be released? Can we get their résumés? Can we do a job fair down at the local correctional facility?’” It may just be that everyone deserves a second chance, particularly if redemption can be found on a factory floor. (The Globe And Mail, “The U.S. Economy is on a tear. How long can it last?”, July 27, 2018)

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That Giving Feeling

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Foundations & Endowments, Tax Planning
Excerpt:
Summer is now a distant memory. In fact, a radio announcer declared only 77 days until Christmas. Ugh. It is usually in the last quarter of the year

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Human Interest
Excerpt:
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Swimming Naked

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Inside Nexus
Excerpt:
Warren Buffett has a wonderful line. “Only when the tide goes out do you discover who's been swimming naked.”

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It’s a Topsy-Turvy Year: Investing During COVID

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Investments
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This year has been plenty weird. For starters, it feels like January was about five years ago… if you can remember it at all. Putting aside the health

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“Work, Work, Work, Work, Work, Work”

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Pearls of Wisdom
Excerpt:
This has been a busy year. I’ve had lots happening on the home front (a wedding!) and lots going on at the office (too long to list!) Managing work

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The (U.S.) Taxman Cometh

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Tax Planning
Excerpt:
Like the medical patient who expects to endure a fair bit of poking, probing and prodding from the doctor, clients of financial providers have had to

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Estate Planning: Questions from our Virtual Chat

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Wealth Planning
Excerpt:
Helping clients with their estate planning is something we do here at Nexus. However, we are often involved in identifying the best tools for the

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It’s About Time

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Human Interest
Excerpt:
Over the last 25 years, we have written frequently about time. In fact, in 2010, our annual client presentation carried the same title as this article

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A Virtual Nexus Welcome

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Inside Nexus
Excerpt:
We are excited to welcome Preethi Khatri Chetri to Nexus.

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Uncertainty… Who Needs It? Apparently, We Do.

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Investments
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China’s Larger Role in the World; Immortality in a Test Tube

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From the Editor: Happy New *Planning* Year

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Wealth Planning
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