• More Americans clocking in during their golden years

    Source: U.S. Government Accountability Office

    The tough job market has been so hard on some Americans that they have dropped out of the running altogether.

    But here’s a surprising twist: Generally, that’s not been true of older Americans.

    The labor force participation rate, or the number of Americans who are working or looking for work, has declined in recent years for every age group except those who are 55 and older, according to a report released this week by the Government Accountability Office.

    Older Americans generally have a lower labor force participation rate than other age groups, and for good reason: That’s the point in life when most people retire.

    But the percentage of older Americans who are choosing to remain in the labor force, or to get back in it, has steadily been rising over the past 20 years and even continued to increase over the course of the recession and recovery.

    About 40 percent of workers age 55 and over were working or looking for work in 2011, the GAO analysis found, compared to about 30 percent in 1990.

    That’s in contrast to young and prime-age Americans, who have seen declines in labor force participate rates in recent years.

    Ninety-two-year-old May Lee has been working for the State of California for more than 70 years, has served under 10 governors, and has no plans to call it quits. Early TODAY's Lynn Berry reports.

    A closer look at the data shows that the real increases are coming from some of the oldest workers. Phillip Levine, an economics professor at Wellesley University, noted that labor force participation among 55- to 64-year-olds has generally been flat in the last five years, at about 64 to 65 percent.

    But for workers 65 and over, labor force participation has increased from 15.5 percent in 2007 to 18.4 percent now. Levine’s analysis was based on the Bureau of Labor Statistics data.

    There are a number of potential reasons why the labor force participation rate has increased for people who we traditionally think of as being in retirement age.

    One explanation may be that older workers are choosing to work longer to make up for investment losses and other financial woes as a result of the recession. Some people age 65 and older also may be getting back into the labor force because they can’t make ends meet on Social Security and retirement savings.

    The GAO report said other factors keeping older workers at work may include better health and life expectancies, the increasing number of older women in the labor force and the need to stay at work to retain health benefits.

    That a larger chunk of older people are working doesn’t diminish how tough the recession has been on people aged 55 and over, Levine notes.

    Although the unemployment rate for older workers has generally been lower than the broader population, a job loss in that age range can be particularly devastating. That’s because it generally takes older workers longer to find a new job, and that long gap in employment just before retirement age can have a harsh impact on their retirement plans.

    The GAO report to the Senate’s Special Committee on Aging focused mainly on the effect of long-term unemployment on older workers.

    For many Americans, the dream of a worry-free retirement remains elusive. NBC's Anne Thompson explains why.

    In testimony before the committee last week, the National Employment Law Project noted that many older workers face the double-whammy of a big employment gap and a resume that gives away their age. Both can be a turnoff to some potential employers.

    Levine, who has done extensive research into older workers and the recession, said many people in that age range are “limping across the finish line.”

    “They find some way to make ends meet from whenever they lose their job at 58 or whatever, and finally when they get to 62, Social Security provides them with a lifeline,” he said. “It provides a means of getting by.”

    Related:

    Americans expect to work longer, retire later

    Long-term unemployed losing benefits as job picture improves

    Out of work, out of options, into retirement 

    In an ideal world, when would you want to retire?

     

    Results with 50 short comments
    Total of 5,225 votes - click on the "Display Comments" bar below to sort comments

    24%
    Between 55 and 60
    1,253 votes
    28.5%
    Between 60 and 65
    1,490 votes
    21.6%
    Between 65 and 70
    1,130 votes
    15.3%
    I hope I never have to retire
    797 votes
    10.6%
    How about right now?
    555 votes
    Display Comments:
    Between 60 and 65

    I'm almost 57...love to retire right now but quite frankly the issue of health care prohibits any thoughts of early retirement

    • 6 votes
     - 7:46 am EDT on Fri May 18, 2012
    Between 65 and 70

    In an ideal world, where the Banksters never robbed us of our 401k, this would have been the time.

    • 7 votes
     - 7:48 am EDT on Fri May 18, 2012
    How about right now?

    Health care will determine my retirement age. Will need to wait for Medicare. No freedom without universal health care for all.

    • 13 votes
     - BBonnet
     - 8:20 am EDT on Fri May 18, 2012
    Between 65 and 70

    I'll never be able to retire. Social Security doesn't take care of you.

    • 9 votes
     - 8:33 am EDT on Fri May 18, 2012
    I hope I never have to retire

    I think that the experience and abilities of older workers are over looked by the the younger HR workers. They overlook a lot of talent. Ba

    • 8 votes
     - 8:45 am EDT on Fri May 18, 2012
    Between 65 and 70

    I am past retirement age now and have to work because the stole my IRA "nest egg" thanks all you SOB's!

    • 13 votes
     - 8:47 am EDT on Fri May 18, 2012
    Between 65 and 70

    Both my wife and I are retireing as of June 30. I may do some odd jobs as I am a tradesman but I do not want to be on a schedule.

    • 1 vote
     - 8:53 am EDT on Fri May 18, 2012
    How about right now?

    I retired when I turned 50. Thank God for GW Bush's tax policies.

    • 3 votes
     - 8:59 am EDT on Fri May 18, 2012
    I hope I never have to retire

    I don't have to work at the same level of responsibility or stress, but I can't imagine not working, ever.

    • 3 votes
     - 9:06 am EDT on Fri May 18, 2012
    How about right now?

    I prefer to never again have to work for someone else and continue on with my own projects, while remaining self-employed! :)

    • 1 vote
     - 9:23 am EDT on Fri May 18, 2012
    Between 55 and 60

    55 is only 3 years away - but I probably won't quit working at that time.

       - 9:42 am EDT on Fri May 18, 2012
      Between 55 and 60

      But this is not an ideal world, many of us will have to work until the day we drop dead.

      • 11 votes
       - MegInFL
       - 9:56 am EDT on Fri May 18, 2012
      Between 65 and 70

      If you are over 50 finding a job is next to impossible, trust me.

      • 6 votes
       - Easynan
       - 10:25 am EDT on Fri May 18, 2012
      Between 55 and 60

      Always fun to dream about something that will never happen.

         - 10:31 am EDT on Fri May 18, 2012
        I hope I never have to retire

        in todays economy, the financial outlook is dismal. social security and everything i have worked for is slowly slipping away.

        • 1 vote
         - 10:33 am EDT on Fri May 18, 2012
        Between 60 and 65

        Republicans have distroyed the American dream of Retirement, but it's our fault for voting them in office, especially GW Bush !

        • 6 votes
         - 10:33 am EDT on Fri May 18, 2012
        Between 55 and 60

        Trying to avoid being downsized by corporate America is no easy feat. Word to the younger generations - take the self-employed route.

        • 1 vote
         - 10:40 am EDT on Fri May 18, 2012
        I hope I never have to retire

        I'll never be able to retire. The market crash tanked my 401k and I have a 16 year old daughter who has plans for college.

        • 1 vote
         - 10:52 am EDT on Fri May 18, 2012
        I hope I never have to retire

        As long as I can be productive and help people with their financial issues I will do it. I'm not ready for gardening and walking the dog

        • 2 votes
         - 10:55 am EDT on Fri May 18, 2012
        How about right now?

        Who wants to work? I mean work, as work. I certainly don't mind being paid to have fun. I'm talking retiring from the grind for sure.

        • 1 vote
         - 10:57 am EDT on Fri May 18, 2012
        I hope I never have to retire

        But, I didn't have a choice, forced out by greed. Finding employment, which I need, is nearly impossible at my age. Love the Hope & Change.

           - 11:19 am EDT on Fri May 18, 2012
          Between 55 and 60

          Working in a manual labor job takes it toll on the body

          • 2 votes
           - 11:21 am EDT on Fri May 18, 2012
          I hope I never have to retire

          I enjoy working and I hope that I will never have to retire.

             - 11:25 am EDT on Fri May 18, 2012
            Between 65 and 70

            I fortunately have a good job; I am going to try to hang until I am 67.5 hrs (2.5 yrs away but who's counting!). I am saving like mad.

               - 11:30 am EDT on Fri May 18, 2012
              Between 55 and 60

              I retired at age 57 in the middle of a recession. Excellent planning while in my youth and great investments that payed off.

                 - 11:33 am EDT on Fri May 18, 2012

                Continue reading this entryContinue reading this entry ...

              • Are you interested in buying Facebook stock?

                CNBC's "Mad Money" host Jim Cramer weighs in on whether it's the right time to dive into Facebook's IPO. His advice: "Everyday people shouldn't buy this stock."

                Facebook shares are expected to begin trading Friday at 11 a.m. ET on the Nasdaq stock exchange, giving the general public a chance to buy shares of the social network company for the first time.

                Of course those shares will come at a price. Facebook priced its initial public offering at $38 a share Thursday, a price granted mainly to wealthy investors and well-connected fund managers. The price values the eight-year-old company at more than $100 billion and easily could go higher when trading begins.

                Should you buy a few shares for your portfolio? CNBC’s “Mad Money” host Jim Cramer (above) says no.

                (You can check the current stock price by clicking here.)

                Are you interested in buying Facebook shares?
                Related:

                Results
                Total of 464 votes

                81.3%
                Yes.
                377 votes
                18.8%
                No.
                87 votes

                Continue reading this entryContinue reading this entry ...

              • Want economic success? New Jersey's better than Oklahoma

                Where you live may be hampering your economic potential.

                If you live in New York, New Jersey or Maryland, chances are your prospects for moving up the ladder of financial success are better than if your home is in Oklahoma, Louisiana or South Carolina.

                A study by the Pew Charitable Trust called “Economic Mobility of the States” paints a gloomy picture for many southern states when it comes to whether residents there are likely to have better economic mobility. But many states in the Northeast seem to fare better when it comes to things like average earnings growth.

                “When it comes to achieving the American Dream, it matters where you live,” said Erin Currier, project manager of Pew’s Economic Mobility Project, released Wednesday.

                The report looked at average earnings for workers ages 35 and 39, and measured those earning from 1978 through 1997. Researchers then looked at how those rose and fell a decade later when the same individuals were 45 and 49.

                To measure economic mobility, the researchers looked at absolute mobility – average earnings growth over time – and upward and downward relative mobility – measuring people’s rank on the ladder relative to their peers. 

                Here’s a breakdown on the economic mobility winners and losers:

                • Eight states, primarily in the Mideast and New England regions, have consistently higher upward and lower downward mobility compared to the nation as a whole: Maryland, New Jersey, and New York have better economic mobility than the national average on all three measures investigated; Connecticut, Massachusetts, Pennsylvania, Michigan, and Utah have better mobility than the national average on two measures.
                • Nine states, all in the South, have consistently lower upward and higher downward mobility compared to the nation as a whole: Louisiana, Oklahoma, and South Carolina have worse economic mobility than the national average on all three measures investigated; Alabama, Florida, Kentucky, Mississippi, North Carolina, and Texas have worse mobility than the national average on two measures.

                Several factors propel economic mobility, said Nikolai Roussanov, professor of finance at the Wharton School of Business.

                “For the bulk of the population, education is the main driver of upward mobility; accessibility to education and educational opportunities,” he said. “But, it’s also determined on how you apply the education, what sort of careers people go into.”

                Beyond education, he added, entrepreneurship has the potential to enrich individuals. “The ability and willingness of people to start their own businesses and take risks is a big driver of wealth mobility,” he said.

                And just because you don’t live in a region with better overall economic mobility doesn’t mean you won’t succeed, he said. “Even in areas where there is limited access to education there could be people taking big risks, and they can be successful and move up,” he said.

                The Pew numbers tell an interesting story on where the better job opportunities may be, and it seems employers also see the potential.

                Another study on mobility, this one from national moving company Atlas Van Lines, found that the Northeast is the top transfer location for companies relocating employees.

                Atlas reported earlier this month that: “The Northeast is now the top destination of transfers (42 percent) followed by 2011’s top destination, the Midwest (37 percent) and the South (31 percent). The West remains fourth in relocation numbers (26 percent).”

                If your company isn’t willing to move you, or you don’t have a job yet, it might be a smart idea to consider relocating yourself to a state offering more potential when it comes to upward economic mobility.

                The Pew study also found those individuals who moved out of the state where they were born had “better mobility outcomes on average.”

                To find out how your state fared in the study go check out Pew’s interactive map.

                Do you feel that there’s upward mobility where you live?

                 

                Results
                Total of 8,966 votes

                52.7%
                Yes
                4,726 votes
                32.4%
                No
                2,902 votes
                14.9%
                I’m just barely holding on
                1,338 votes

                Continue reading this entryContinue reading this entry ...

              • Americans are feeling more comfortable about debt

                The financial shocks that began in 2007 prompted a lot of Americans to change their free-spending ways, especially when it came to taking on debt.

                Several years on, some Americans may be reversing course, either by choice or necessity.

                The Federal Reserve said Monday that Americans sharply increased their borrowing for big-ticket items like cars and education expenses in March and whipped out their credit cards more often.

                Experts say the surprising increase of more than $21 billion in consumer borrowing may be a sign that Americans are feeling more comfortable taking on debt again. Or it could be that many are running out of other options.

                With the economy still relatively weak, many say it’s doubtful that Americans have forgotten the harsh impact of the recession, financial crisis and credit crunch.

                “I would hope that we as consumers have learned our lesson from the economic downturn that hey, we’ve got to watch our spending and spend what we can afford,” said Bill Hardekopf, CEO of lowcards.com, a credit card comparison website. “I would think a great number of people did learn that.”

                But even with those lessons in mind, some Americans may feel they have to borrow money.

                Paul Edelstein, director of financial economics with IHS Global Insight, said consumers may be taking out car loans because, after years of scrimping and putting off major expenses, they have little choice.

                “People are in a position where they have to buy new cars,” Edelstein said.

                Are you at risk of losing unemployment benefits?

                Americans also may be rushing to take on student loan debt because they’re worried about a potential increase in the borrowing rate, he said. The interest rate on certain student loans could increase to 6.8 percent in July, from 3.4 percent currently, if Congress doesn’t take action.

                It’s also possible that students are taking on new student loans faster than the old ones are being paid off thanks to the weak job market, said Alex Matjanec, co-founder of MyBankTracker.com, which provides information about banks, loans and credit cards.

                Revolving debt – which is largely composed of credit card debt – accounted for about $5 billion of the increase in March. Still, total credit card debt is much lower than five years ago, before the recession, housing crisis and credit crunch changed people’s habits significantly.

                Hardekopf said part of the reason for the March increase could be an aggressive push by banks to get people with good credit to use their cards more. He said banks have been pushing better incentives and rewards, although interest rates have not changed much.

                Hardekopf also has seen an increase in credit card offers to higher-risk borrowers with lower credit scores. After years of tight credit they may be getting tempted by the more aggressive offers, he said.

                Edelstein said he doubts people will go back to the free-spending, pre-recession days.

                One big reason: Housing wealth, or a lack thereof. Before the housing bubble burst many Americans enjoyed the security of having a lot of equity in their homes. These days, with so many homes underwater, people are more likely to have to rely on their paycheck.

                “You don’t have that cushion,” he said.

                Have you recently taken on more credit card debt?

                Results with 145 short comments
                Total of 9,647 votes - click on the "Display Comments" bar below to sort comments

                17.7%
                Yes, I have no choice
                1,708 votes
                6.7%
                Yes, I'm sick of scrimping and saving
                651 votes
                75.5%
                No, I've vowed to stop using credit cards
                7,288 votes
                Display Comments:
                Yes, I have no choice

                Ive also stopped trading beaver pelts. This is why the CC industry needs to have close "adult supervision"

                • 2 votes
                 - 7:51 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                You always have a choice! Choose no debt!

                • 16 votes
                 - 7:54 am EDT on Tue May 8, 2012
                Yes, I have no choice

                We were paying it down, but there are some things we absolutely need that we don't have the liquid money for...

                • 8 votes
                 - 8:00 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                They are insidious and you will eventually pay the price for excess debt.

                • 10 votes
                 - 8:02 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Everyone else is running up their cards before the next meltdown

                • 7 votes
                 - jw101
                 - 8:05 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                I use the cards, but only if I have the cash on hand to pay off the charge.

                • 15 votes
                 - Zoo Lou
                 - 8:08 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Why doesn't BSNBC have a option "Still use CC's but pay off every month. I DO.

                • 21 votes
                 - 8:17 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Haven't had one for years. Don't think I ever will again.

                • 9 votes
                 - 8:28 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                No, I pay my CC bills in full each month. Always have, and hopefully always will. Interest rates on CC are way too high!

                • 11 votes
                 - S.M.
                 - 8:30 am EDT on Tue May 8, 2012
                Yes, I have no choice

                I've certainly cut back. Less than $300 in CC debt at the moment. Cutting it out completely never lasts more than a month-then life happens

                • 7 votes
                 - 8:40 am EDT on Tue May 8, 2012
                Yes, I'm sick of scrimping and saving

                When I keep have to pay more in taxes because of the tax rates, I have had no choice but to put some of it on credit cards.

                • 1 vote
                 - 8:47 am EDT on Tue May 8, 2012
                Yes, I have no choice

                We have lost all of our good income so we have nothing else!

                • 4 votes
                 - 8:50 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                I only spend what I know I can pay back within a reasonable amount of time.

                • 5 votes
                 - MG123
                 - 8:52 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                I stopped using credit 10 years ago. Banks fees ruined me and the judge accepted their error defense &awarded me nothing for time & trouble

                • 4 votes
                 - 8:53 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Most debt I've acquired is due to 'want' and not 'need.' Changing my habits thanks to www.daveramsey.com.

                • 9 votes
                 - 8:53 am EDT on Tue May 8, 2012
                Yes, I have no choice

                Still have to borrow from Peter to pay Paul until our income improves to where it used to be before 2005, if that ever happens

                • 6 votes
                 - 8:56 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                If I can't pay off my card in 30 days then I forgoe the purchase. Money is very tight and scrimping is a priority for now!

                • 7 votes
                 - Joe4USA
                 - 9:06 am EDT on Tue May 8, 2012
                Yes, I have no choice

                Please make sure all answers are available. Answer is:Yes, I use credit to my advantage to get all the perks & pay bill in full each month

                • 8 votes
                 - 9:08 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Don't have any credit cards, debit cards, car loans, and a cell phone. Lived over 60 years without this stuff. Don't see why I need it now.

                • 6 votes
                 - 9:10 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Have we learned NOTHING?

                • 10 votes
                 - 9:10 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                I will never trust the large banks and credit card companies again!

                • 10 votes
                 - 9:23 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Haven't used credit in about a year. Our plan is to pay off debt, including student and car loans, before buying a house or anything else.

                • 4 votes
                 - 9:26 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Living debt free is nice-especially when you don't have a job nor prospects of income any time soon

                • 5 votes
                 - 9:29 am EDT on Tue May 8, 2012
                Yes, I have no choice

                We've aging appliances & other things that are breaking & no change in income. It's either pay to replace or parts for repair using a card

                • 2 votes
                 - 9:38 am EDT on Tue May 8, 2012
                No, I've vowed to stop using credit cards

                Significant savings to be had avoiding interest on CCs. Ideally, only debt would be mortgage, car & student loans.

                • 2 votes
                 - 9:42 am EDT on Tue May 8, 2012

                Continue reading this entryContinue reading this entry ...

              • Americans expect to work longer, retire later

                Gallup

                Americans now expect to work longer

                If the date you expect to retire seems to be getting further away rather than closer at hand, join the club.

                The average age at which Americans expect to retire has been steadily creeping up since the mid-1990s, and has now reached 67 years old, according to a new Gallup poll.

                That’s up significantly from 1996, when people expected to retire at age 60.

                The results are consistent with other recent research into the topic, and show that Americans’ retirement plans have been dealt a significant blow thanks to the recession, financial crisis, high unemployment and housing bust.

                Still, younger workers are more optimistic than their older peers.

                Gallup’s annual Economy and Personal Finance survey, which was conducted in mid-April, found that people who are currently under age 40 expect to retire at age 65. Those who are 40 and over, and not yet retired, expect to retire at 68.

                As with many things, the expectation is outpacing the reality. Among retirees, Gallup found that the average age of retirement has held steady at around 60 since 2004, although that’s up from 57 in the early 1990s.

                Still, the average retirement age is expected to increase in the coming years. A major culprit appears to be money. The same poll found that more than half of the people who aren’t yet retired don’t think they’ll have enough money to live comfortably in retirement.

                Even with a later retirement date you should still be able to enjoy some golden years. The average life expectancy in the United States is 78 years.

                Related: More older couples are shacking up, skipping marriage

                Have your retirement plans changed in the past five years?

                Results with 178 short comments
                Total of 22,463 votes - click on the "Display Comments" bar below to sort comments

                50.3%
                Yes, I expect to retire later than I thought
                11,288 votes
                7.2%
                Yes, I expect to retire earlier than I thought
                1,621 votes
                24.9%
                No, my plans are the same
                5,602 votes
                17.6%
                I never thought I'd retire anyway
                3,952 votes
                Display Comments:
                I never thought I'd retire anyway

                Retire, daddy what's that mean?

                • 16 votes
                 - 7:32 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire later than I thought

                Well, duhh. With employers hiring mostly part time (so as not have pay as much in benies) and fewer quality jobs....Heck YEA

                • 9 votes
                 - 7:47 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                I retired by age 60 because I planned well for my retirement & it has gone the way I hoped.

                • 8 votes
                 - 7:54 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire earlier than I thought

                A small inheritance filled the gap in my retirement kitty, so I am now at age 69 working part-time & enjoying the slower pace.

                • 2 votes
                 - 7:59 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire later than I thought

                Unless my financial situation changes in the next few years, I will not be able to afford to retire until I'm 72.

                • 14 votes
                 - bjos
                 - 8:02 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire earlier than I thought

                As a widow, I will retire at 60 years old. I have had to many co workers pass away this year only in their 60's. Life is just to short.

                • 8 votes
                 - 8:09 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                I will be dead long before I can retire.

                • 23 votes
                 - 8:11 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire later than I thought

                This Bush Economy has been a real drag to emerge from. TeaBaggers, Obstructionists, and Fox Noise Lamers have done nothing to help recovery

                • 28 votes
                 - 8:19 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                since SS takes all my spare earnngs and SS is bankrupt how could I ever retire?

                • 14 votes
                 - 8:19 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire later than I thought

                not a member of the 1%. can't retire. they retired on it.

                • 17 votes
                 - 8:24 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                I'll retire when I can't work anymore, or when I have so much money I won't have to worry about running out.

                • 4 votes
                 - Zoo Lou
                 - 8:26 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                We've allowed companies to abandon pension plans and failed to teach about finance. The conservative apocalypse is upon us.

                • 20 votes
                 - 8:27 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire later than I thought

                I will need to work much longer and retire much later because so many Americans today are counting the fruits of my sweat!

                • 14 votes
                 - 8:32 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                Wanting to work to a certain age and being able to keep a job that long often differ.

                • 11 votes
                 - TDSJr
                 - 8:44 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                Semi-retired, but not yet on social. I have a part time job and plan on keeping up with this until age 67 to collect full social amount.

                • 4 votes
                 - LuckyLA
                 - 8:54 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                I'm 55 years old, working a seasonal job, and will be back on unemployment, as have not as yet found anything else.

                • 2 votes
                 - 9:00 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire earlier than I thought

                We saved and lived modestly...retired at 58.

                • 8 votes
                 - 9:05 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                Plan is to make it to 55 then follow in Sonny Bono's foot steps.

                • 3 votes
                 - 9:09 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                I'm not an educator. How the heck do you expect me to retire at 55 with a defined benefit plan and full medical care?

                • 4 votes
                 - 9:11 am EDT on Mon Apr 30, 2012
                Yes, I expect to retire earlier than I thought

                5 years ago - 2007 - I figured I would work 'til I dropped. Now I can see retirement 7-8 years out.

                • 1 vote
                 - 9:11 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                People having kids later is part of the issue. I'm 47 an empty nester and can save my butt off while living within my means.

                • 6 votes
                 - 9:12 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                I retired five years ago. I sometimes think I retired too young but that is better than working until age 70 as my father did.

                • 1 vote
                 - sighber
                 - 9:13 am EDT on Mon Apr 30, 2012
                No, my plans are the same

                I am a successful small businessman who sold business and retired at 52. Continued investing income from investments , currently 83.

                • 4 votes
                 - 9:14 am EDT on Mon Apr 30, 2012
                I never thought I'd retire anyway

                I'm a musician. If I ever retire, it will be due to physical disability that prevents me from playing.

                   - 9:17 am EDT on Mon Apr 30, 2012

                  Answer this questionAnswer this question ...

                • As times change, so do attitudes about taking kids to work

                  The Squawk Box's children tell viewers what they learned from spending the day on the set and in the television studio on "Take Your Kids to Work" day.

                  Thursday is Take Our Daughters and Sons to Work day, although perhaps you didn't notice.

                  The annual event, started 20 years ago as a way to expose girls and young women to workplace and career opportunities, has attracted less attention in recent years.

                  Perhaps it’s another thing to blame on The Great Recession and slow economic recovery. The high joblessness that has plagued the  economy for five years has left many parents without work.

                  It’s also left those who are lucky enough to have a job nervous about holding onto it. That may mean it's not a great time for your child to say something embarrassing to your boss, spill soda on the keyboard or keep you from getting a day’s worth of work done.

                  There’s also the matter of how work has changed. Even two years ago, The New York Times noted that many kids already see their parents working a lot, because so many people now take their work home.

                  There have also been other criticisms of the event. Julie Drizin, director of the Journalism Center on Children and Families, wrote this week that she wouldn’t be participating after realizing that people who work long hours in low-wage jobs probably aren’t able to, either.

                  “I’ve come to believe that Take Your Daughters And Sons to Work Day is largely a feel-good exercise for the privileged,” she wrote.

                  Of course, many will participate. Carolyn McKecuen, president of the Take Our Daughters and Sons to Work Day Foundation, said that while some organizations have stopped participating, other companies have joined.

                  She doesn’t think there has been a big drop in participation, although she conceded the group has not done an exact accounting.

                  That’s partly because the organization, an offshoot of the Ms. Foundation, has itself been hit hard by the recession. It now operates on about a quarter of its former budget because of a drop in big donors.

                  McKecuen said some have used the day to speak frankly about the current economy. She said she has heard of unemployed parents getting together with their children to discuss how to write a resume and look for a job.

                  Times have changed since the event began 20 years ago solely for girls, later expanding to include boys.

                  McKecuen, who has two boys, thinks including both genders has been valuable.

                  “Guys need to know if they want to be a nurse they can be a nurse. They don’t have to fly a plane,” she said.

                  “The reason we started this has changed very little over the years,” she said. “It was designed to expose youth to what (their parents) do in their lives during the workday, and the demands and the possibilities in the workplace.”

                  Do you think Take Our Daughters and Sons To Work day is still relevant?

                  Results with 117 short comments
                  Total of 14,706 votes - click on the "Display Comments" bar below to sort comments

                  51.1%
                  Yes. Kids should be exposed to the value and importance of work.
                  7,509 votes
                  44.4%
                  No. Its time has passed.
                  6,534 votes
                  4.5%
                  I'm not sure
                  663 votes
                  Display Comments:
                  No. Its time has passed.

                  When I was young I went to my mom's work. It was about 8 hours, we got a 1.5 hour lunch. I work 12 hours today, no way a kid can stand it

                  • 3 votes
                   - 10:07 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  It's always a good idea to expose kids and understand what they can achieve if they work hard and complete their studies. There is no harm

                  • 6 votes
                   - 10:09 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  Yes, kids should definitely get to see what work is like. Anyone who doesn't embrace it is pretty much a scrooge.

                  • 9 votes
                   - annsrum
                   - 10:14 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  It is a disruption in the work place and the kids can only attend places where they are not in danger or affecting the business.

                  • 12 votes
                   - bencas
                   - 10:15 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  Responsibility has never hurt a child.

                  • 13 votes
                   - 10:17 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  Kids should get to see what their parents do, and how the adult world works!

                  • 9 votes
                   - 10:17 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  How many parents currently have jobs they can take their children to ? Oh, that is another article on unemployment.

                  • 12 votes
                   - ldo
                   - 10:19 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  Pathetic that this has gone to the wayside. Go ahead and work another regular day instead of actually teaching your child something....

                  • 8 votes
                   - 10:24 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  No, many Americans are ashamed of their work or working conditions. Corporate life is not what it used to be.

                  • 12 votes
                   - 10:25 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  I bring my kids to work 2-3 times per month, though I do it for the sake of efficiency in getting my kids to scheduled appointments.

                  • 1 vote
                   - 10:30 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  Not since I've become a telecommuter. Kids just need to be quiet and bring me a sandwich.

                  • 14 votes
                   - 10:40 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  Only if you work in Daycare.

                  • 5 votes
                   - 10:42 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  For most it's an excuse to get out of school. Do it in the summer.

                  • 5 votes
                   - 10:51 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  I telecommute - but can we have a child-free workday. & nannies who know not to use loud toys when I am on a con-call

                  • 3 votes
                   - 10:54 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  This is a dead event. Who the heck has time to do their job AND look after their child?

                  • 8 votes
                   - 10:56 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  This day has become a daycare opportunity with kids running amok through offices bothering everyone

                  • 6 votes
                   - 11:02 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  Kids should see what their parents do all day. It can give them an appreciation of how things like mortgages get paid.

                  • 6 votes
                   - 11:03 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  It was never relevent to begin with. Just the usual PC nonsense.

                  • 11 votes
                   - 11:11 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  People are so anti-family now that it could be very derogatory to show your children at work.

                  • 6 votes
                   - 11:19 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  Every place I worked, the kids were sequestered away in fun activities all day except lunch, so didn't spend time with the parents.

                  • 3 votes
                   - 11:29 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  My grandfather and mother both took me to work before there was a special day for it. It helped teach me the importance of hard work.

                  • 6 votes
                   - 11:34 am EDT on Thu Apr 26, 2012
                  No. Its time has passed.

                  Yes moms can have successful careers. BUT its stupid to take a 2 yr old to work & teaches nothing taking a kid to a unskilled dead end job

                  • 4 votes
                   - 11:35 am EDT on Thu Apr 26, 2012
                  I'm not sure

                  A guy at my office came in with a 1-month-old baby in tow. Really? More like "employer-sanctioned low productivity day".

                  • 13 votes
                   - 11:39 am EDT on Thu Apr 26, 2012
                  Yes. Kids should be exposed to the value and importance of work.

                  I love the idea. Too bad more businesses are finding excuses to not allow it. My husband can't take our kids due to "policy".

                  • 4 votes
                   - Diva10
                   - 11:41 am EDT on Thu Apr 26, 2012

                  Continue reading this entryContinue reading this entry ...

                • How much can you spend before checking with your partner?

                  TODAY.com/SELF

                  Most people talk to their partners before making major purchases.

                  When it comes to spending money, some couples tell each other when they buy a bag of chips. Others don’t think to consult their spouse or partner until they’re eyeing a designer handbag.

                  As part of our online survey on financial infidelity, TODAY.com and SELF.com asked readers how much money they’d spend using a joint bank account or credit card before asking their spouse or partner.

                  For most readers, the bar is somewhere between the bag of chips and the handbag.

                  Of the nearly 22,000 people who answered the question, about 36 percent said they would feel comfortable spending $50 to $99 before consulting their spouse or partner. Another 22 percent said the bar is between $100 and $499.

                  About 28 percent of readers said they check in with their spouse about every single purchase, no matter how small. Only about 6 percent said they never tell their spouse how much they spend on anything.

                  The results were similar for men and women.

                  Experts say the threshold that couples set for spending money has a lot to do with how much money they are making. Still, it’s a good sign when a couple has a general idea of when to check in with one another.

                  “If you have a couple that’s fairly healthy about money, they each … tend to know when this is the kind of thing I shouldn’t do without my spouse knowing,” said Scott Stanley, a research professor at the University of Denver and co-author of the book “Fighting For Your Marriage.”

                  But Stanley said that kind of communication can go too far.

                  “I think it’s a bad idea for one person to feel like they have to account for every little impulse purchase,” he said.

                  Instead, he thinks couples should give each other the freedom to spend some amount of money on things they enjoy without asking permission – as long as it’s not for something like sex, drugs or gambling.

                  How much money is OK to spend before consulting your spouse or partner?

                   

                  Results
                  Total of 3,075 votes

                  17.3%
                  Under $50
                  531 votes
                  27.2%
                  $50-$99
                  837 votes
                  23.5%
                  $100-$249
                  724 votes
                  11.7%
                  $250-$499
                  359 votes
                  10.1%
                  $500 or over
                  310 votes
                  10.2%
                  I have no partner or don't need to check about spending.
                  314 votes

                  Continue reading this entryContinue reading this entry ...

                • Young women want it all, perhaps more than young men

                  Pew Research Center

                  In a major reversal from the 1990s, young women are now more likely than young men to say a successful, high-paying career is one of the most important things in life, a new Pew Research Center study finds.

                  The report, released Thursday, found that 66 percent of women ages 18 to 34 said being successful and having a high-paying job are very important or one of the most important things in life. That compares to 59 percent of men that age who said the same thing.

                  Young women don’t seem to be willing to sacrifice other parts of their lives for their career, however. They were also more likely than men of the same age to say being a good parent and having a good marriage were among the most important things in life.

                  “They’re not backing away from wanting a successful marriage and wanting to be a successful parent,” said Kim Parker, associate director of Pew Social and Demographic Trends. “They’re saying they want all of those things.”

                  The most recent research is based on two surveys, conducted in 2010 and 2011, of working-age adults. Pew compared those results to a similar survey done in 1997.

                  The switch comes at a time when more women than men are getting college degrees, and women have come to make up close to half of the labor force.

                  Parker said that those changes have perhaps empowered women to want career success and financial rewards more than they used to. But she did not think the findings suggested that young men want those things less than they used to.

                  “I don’t think it’s saying anything negatively about men,” she said.

                  The percentage of women placing high importance on a successful, well-paying career has grown by 10 percentage points since 1997, Pew said. For men, it has increased by 1 percentage point.

                  The percentage of young women saying marriage is one of the most important things in life also has increased, from 28 percent in 1997 to 37 percent in 2010/2011. For men of that age, the importance of marriage has decreased during that time period, from 35 percent in 1997 to 29 percent in 2010/2011.

                  There was an increase among both young men and young women in the percentage who said that parenting is one of the most important things in life. Still, a higher percentage of women than men put high value on being a parent.

                  For both men and women, the importance of career and financial success lessens with age. The Pew study found that men and women ages 35 to 64 placed less value on workplace success than their younger peers.

                  Parker, the researcher, said it’s not clear whether the young women in the survey will remain as ambitious in their careers as they get older.

                  “It’ll be interesting to see if this plays out for them or if they end up running into glass ceilings or too many challenges in terms of balancing work and family,” she said.

                  There’s plenty of evidence that women start out virtually on par with men in terms of earnings, but then see their earnings fall behind as they get older.

                  In 2010, women in their late teens and early 20s earned about 95 cents for every dollar a man earned, according to the Bureau of Labor Statistics’ analysis of median weekly earnings data. But women ages 55 to 64 earned just 75 cents for every dollar a man earned, according to that same data.

                  Overall, the wage gap between men’s and women’s weekly earnings has narrowed since record-keeping began in 1979. But it has always been generally true that the gender difference in pay was wider for older women than for younger women.

                  There are lots of theories as to why this is true, even for women and men who choose the same types of professions.

                  In 2009, University of Chicago professor Marianne Bertrand and her colleagues took a look at men and women who had earned MBAs from the university’s Booth School of Business between 1990 and 2006.

                  The researchers found that the male and female MBA grads started out earning about the same: $115,000 on average for women and $130,000 on average for men.

                  But the gap widened substantially as time went on. Nine years later, the women were earning $250,000 on average, while the men were taking home $400,000 on average.

                  They theorized that a major culprit was motherhood. The researchers found that women were taking more time off work, or not working at all, and also were more likely to be in jobs that paid less.

                  What's most important to you in life?

                  Results with 83 short comments
                  Total of 7,361 votes - click on the "Display Comments" bar below to sort comments

                  13.3%
                  A successful career
                  977 votes
                  13%
                  A good marriage
                  954 votes
                  11.1%
                  Being a good parent
                  820 votes
                  57.2%
                  All of the above
                  4,208 votes
                  5.5%
                  Other - I'll explain below
                  402 votes
                  Display Comments:
                  Other - I'll explain below

                  Freedom.

                  • 13 votes
                   - 11:29 am EDT on Thu Apr 19, 2012
                  All of the above

                  I'm one of these women who want it all. I have a 4-year college degree, a great start to my career, and a wonderful marriage.

                  • 5 votes
                   - MNCS
                   - 11:38 am EDT on Thu Apr 19, 2012
                  Being a good parent

                  I'm a stay at home dad, so family is much more important to me than career. I picked "good parent" but its really a tie with marriage.

                  • 8 votes
                   - 11:53 am EDT on Thu Apr 19, 2012
                  Being a good parent

                  Raise your kids right people. And for those of you that say all of the above, you can't always have your cake and eat it too

                  • 11 votes
                   - mdsj
                   - 11:58 am EDT on Thu Apr 19, 2012
                  All of the above

                  "American girls want everything in the world that you can possibly imagine" Rolling Stones - Some Girls

                  • 4 votes
                   - 12:05 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Not being a destroy-all, backstabber career monger, and not relying on the fallacy of needing abortion to be a modern woman in control.

                  • 8 votes
                   - 12:10 pm EDT on Thu Apr 19, 2012
                  All of the above

                  One needs balance in their life. I think a true measure of success is carefully managing all aspects and excelling at each.

                  • 5 votes
                   - 12:22 pm EDT on Thu Apr 19, 2012
                  A successful career

                  These days you really can't count on a partner financially. You are on your own.

                  • 12 votes
                   - 12:50 pm EDT on Thu Apr 19, 2012
                  A good marriage

                  Want it all? Watch out what you wish for. There are 15 times more men, than women, in jail.

                  • 1 vote
                   - 12:58 pm EDT on Thu Apr 19, 2012
                  All of the above

                  Balance is the key

                  • 2 votes
                   - 1:00 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  marriage AND family. A successful career has less to do with individual effort than other's perceptions of you, particularly in this econom

                  • 5 votes
                   - missrn
                   - 1:07 pm EDT on Thu Apr 19, 2012
                  All of the above

                  More money never fix financial problems. Financial education fix it. When money plus ignorance mix interesting things happen

                  • 6 votes
                   - 1:09 pm EDT on Thu Apr 19, 2012
                  All of the above

                  As a female professional with kids I've made professional and financial sacrifices to be a good parent. Just too much to do both full scale

                  • 4 votes
                   - 1:10 pm EDT on Thu Apr 19, 2012
                  All of the above

                  Why shouldn't I have it all if I work hard for it all?

                  • 4 votes
                   - 2:00 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Most important is to be able to support myself, be healthy & happy

                  • 5 votes
                   - 2:03 pm EDT on Thu Apr 19, 2012
                  All of the above

                  Need a good career, wife stays at home with kids (choice). Being good parent is critical for them to be successful and that's what I want.

                  • 2 votes
                   - 2:05 pm EDT on Thu Apr 19, 2012
                  All of the above

                  After speaking with more than a few of these 18-34 year old females this is not news.

                  • 1 vote
                   - 2:14 pm EDT on Thu Apr 19, 2012
                  Being a good parent

                  Of course, to really be a good parent, you have to have a strong marriage too.

                  • 3 votes
                   - 2:17 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Balance in mind, body, and spirit. All things in moderation. Positive attitude. Lifelong curiosity and self improvement.

                  • 7 votes
                   - 2:20 pm EDT on Thu Apr 19, 2012
                  A successful career

                  Successful meaning happy and fulfilled.

                  • 1 vote
                   - 2:24 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Travelling is what I enjoy most in life.

                  • 4 votes
                   - 2:32 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Personal fulfillment. Why when domestic partnerships are widely accepted and people are worked half to death do my peers value success so?

                  • 3 votes
                   - 2:44 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  My own impact on society and making the lives of others better. Especially in regards to freedom and equality in all aspects.

                  • 3 votes
                   - 2:46 pm EDT on Thu Apr 19, 2012
                  Other - I'll explain below

                  Happines all around and good health. If that includes successful career, marriage, and parenthood the more the better :)

                  • 1 vote
                   - 2:57 pm EDT on Thu Apr 19, 2012
                  All of the above

                  Balance, balance, balance.

                  • 2 votes
                   - mathrec
                   - 3:02 pm EDT on Thu Apr 19, 2012

                  Continue reading this entryContinue reading this entry ...

                • Sold! Jewels of heiress Huguette Clark bring a surprising $18 million at auction

                  Christie's, New York

                  Freed from their bank vault by the executor of the estate, the jewels of copper heiress Huguette Clark were sold on April 17, including a rare pink diamond and these emerald, pearl and diamond ear pendants. See the photos for final sale prices.

                  NEW YORK — The jewelry collection of Huguette M. Clark, the mysterious heiress to a copper fortune, was sold at auction Tuesday afternoon at Christie's New York, fetching $18.3 million, far above the pre-sale estimate of $8.5 million to $12 million.

                  The jewels had been recovered from the bank vault of the reclusive heiress, who lived the last 20 years of her life in Manhattan hospitals and who had rarely been seen since the 1930s.

                  The last surviving child of U.S. Sen. William Andrews Clark (1839-1925), who made his fortune in mining, railroads and other ventures, Huguette Clark has been the subject of a series of reports on msnbc.com about her vacant properties and the management of her fortune. Born in Paris in June 1906, she died in May 2011 at age 104.

                  Hundreds of people filed through Christie's at Rockefeller Center to see her jewels over the weekend.

                  The highlight was a rare 9-carat purplish-pink diamond ring, with a pre-sale estimate of $6 million to $8 million.

                  "Four million dollars," started the elegant auctioneer, Rahul Kadakia.

                  Continue reading this entryContinue reading this entry ...

                • States with the biggest wage gap between men, women

                  National Women's Law Center

                  The difference between a man's paycheck and a woman's paycheck may have something to do with where people live.

                  A new analysis from the National Women’s Law Center finds that the pay gap between men and women varies widely among the  states.

                  Looking at full-time, year-round wages, the gap is smallest in Washington, D.C., where women earn 91 cents for every dollar men earn, and widest in Wyoming, where women earning just 64 cents for every dollar men earn.

                  Vermont and California also boasted small wage gaps between men and women, while Louisiana and Utah were among those with the largest wage gaps.

                  Demographic and economic factors help explain some of the disparity.

                  Many people who live in Washington work for the federal government, where wage gaps tend to be smaller than in private industry, said Fatima Goss Graves, vice president of education and employment for the National Women’s Law Center.

                  People who live in the nation's capital also may be younger, she added, and the wage gap is smaller among younger workers.

                  By contrast, in Wyoming there may be more jobs in traditionally male-dominated industries such as coal mining. The state is also largely rural and much more sparsely populated.

                  But Graves argues that such factors don’t account for the entire gap.

                  “There’s always a portion that cannot be explained away,” she said.

                  Economist Mike Montgomery with IHS Global Insight said demographic differences in various states could have a lot to do with the  wage gap. States with a homogeneous labor market – where men and women do similar jobs – could have a much narrower gap because opportunities are more equal.

                  The overall gap between men’s and women’s median earnings has improved as more women have entered the labor market, but a disparity remains.

                  That’s partly because men and women choose different career paths, but pay gaps persist even for people in the same jobs.

                  The median weekly income for female physicians and surgeons is just 71 percent of what men take home, for example. Even in traditionally female-dominated professions, such as nursing and teaching, women generally take home less than men each week, according to the most recent data from the Bureau of Labor Statistics.

                  The National Women’s Law Center used the most recent 2010 data from the American Community Survey, which is conducted by the Census Bureau, to compile its analysis. Its findings are close to what the Census Bureau itself found when it did a similar analysis a couple of years ago.

                  Do you think men and women are paid equally in your profession?

                  Results with 42 short comments
                  Total of 5,443 votes - click on the "Display Comments" bar below to sort comments

                  22.6%
                  Yes, I think both sexes are treated fairly
                  1,231 votes
                  68.6%
                  No, I think there's some gender bias
                  3,736 votes
                  8.7%
                  No, but I think that's because men and women choose different career paths
                  476 votes
                  Display Comments:
                  No, I think there's some gender bias

                  Women in my industry chose flexibility over higher pay. Or rather they are more inclined to believe pay should be exchanged for flexibility

                  • 9 votes
                   - 8:18 am EDT on Fri Apr 13, 2012
                  No, I think there's some gender bias

                  I work in IT which can be a very large "old boys club" Women often have to fight for their raises and promotions.

                  • 9 votes
                   - 9:01 am EDT on Fri Apr 13, 2012
                  Yes, I think both sexes are treated fairly

                  In my work, yes, we have a union that protects both men & women equally. Say whatever, but unions protect workers' pay regardless of gende

                  • 18 votes
                   - 9:35 am EDT on Fri Apr 13, 2012
                  Yes, I think both sexes are treated fairly

                  Engineers are paid for their innovations that companies need to survive.

                  • 4 votes
                   - Xant
                   - 9:47 am EDT on Fri Apr 13, 2012
                  No, I think there's some gender bias

                  Men are frequently put on the 'fast track' to management jobs; women not so much, even when equally qualified.

                  • 22 votes
                   - 10:02 am EDT on Fri Apr 13, 2012
                  No, I think there's some gender bias

                  Maybe but don't want to form an opinion based on outdated census information.

                  • 3 votes
                   - 10:12 am EDT on Fri Apr 13, 2012
                  No, I think there's some gender bias

                  at my job i think its probably fair. at the senior mgmt lvl and above its still not fair, but i notice at my job the gap is closing

                  • 3 votes
                   - 10:18 am EDT on Fri Apr 13, 2012
                  No, I think there's some gender bias

                  Notice how the14 worst states are republican controlled, and they speak of womens rights...the hypocrites.

                  • 30 votes
                   - 10:45 am EDT on Fri Apr 13, 2012
                  Yes, I think both sexes are treated fairly

                  In my profession, yes. In others, not as much.

                     - 11:02 am EDT on Fri Apr 13, 2012
                    Yes, I think both sexes are treated fairly

                    I'm a Realtor, so I am paid commission based on what I sell and it has nothing to do with gender.

                    • 2 votes
                     - 11:19 am EDT on Fri Apr 13, 2012
                    No, I think there's some gender bias

                    I'm a woman. I do the payroll for my company and I SEE the wage gap firsthand.

                    • 25 votes
                     - hdw1515
                     - 11:26 am EDT on Fri Apr 13, 2012
                    Yes, I think both sexes are treated fairly

                    The few that ARE in technology are compensated equally to men. They just tend to gravitate towards other professions.

                    • 3 votes
                     - 11:35 am EDT on Fri Apr 13, 2012
                    No, I think there's some gender bias

                    I know female engineers & techs are paid less than males. Got fired from job when I found out and wrote about it in local newspaper.

                    • 17 votes
                     - 11:50 am EDT on Fri Apr 13, 2012
                    No, I think there's some gender bias

                    Scott Walker has quietly repealed Wisonsin's Equal Pay Law. Women need to take notice! This could happen in your state!

                    • 21 votes
                     - 12:06 pm EDT on Fri Apr 13, 2012
                    Yes, I think both sexes are treated fairly

                    In general there is fairness but there are some cultural differences where women do not ask for what they are worth.

                    • 2 votes
                     - 12:24 pm EDT on Fri Apr 13, 2012
                    No, I think there's some gender bias

                    women tend to fight less for what they want, and therefore end up with less. I work with all women, and I fight for pay increases and get i

                    • 5 votes
                     - 1:05 pm EDT on Fri Apr 13, 2012
                    Yes, I think both sexes are treated fairly

                    With engineering it's all about your track record. Once you get in the door (harder to do if you're female) you get the $ if you deliver.

                    • 2 votes
                     - 1:44 pm EDT on Fri Apr 13, 2012
                    Yes, I think both sexes are treated fairly

                    It's tempting to blame the Dems in NY & CA, but it's really the unions - though that may not be a significant difference.

                       - HNL
                       - 2:04 pm EDT on Fri Apr 13, 2012
                      No, I think there's some gender bias

                      In IT, men are paid more regardless of their qualifications or abilities.

                      • 10 votes
                       - 2:18 pm EDT on Fri Apr 13, 2012
                      No, I think there's some gender bias

                      Bosses never want you to share your salary info! See unfair differences in tech industry.

                      • 4 votes
                       - dmze
                       - 3:21 pm EDT on Fri Apr 13, 2012
                      No, I think there's some gender bias

                      When everyone finally realize that equal pay for all will benefit all - especially families?!?!

                      • 8 votes
                       - 3:31 pm EDT on Fri Apr 13, 2012
                      No, I think there's some gender bias

                      War on Women has a basis in fact - biggest gap seen in CONSERVATIVE states!!!

                      • 11 votes
                       - 5:59 pm EDT on Fri Apr 13, 2012
                      Yes, I think both sexes are treated fairly

                      how can surgeons be unequal when they're paid based on productivity and insurance/medicare rates?

                      • 2 votes
                       - 6:48 pm EDT on Fri Apr 13, 2012
                      Yes, I think both sexes are treated fairly

                      The provided answers don't match the question. Being paid equally is not the same as being treated fairly. Men and women behave differently

                      • 2 votes
                       - jonutah
                       - 7:14 pm EDT on Fri Apr 13, 2012
                      No, I think there's some gender bias

                      I live in WY and KNOW that women are paid much less than men who are junior to them, and minority women are paid even less.

                      • 5 votes
                       - 8:34 pm EDT on Fri Apr 13, 2012

                      Continue reading this entryContinue reading this entry ...

                    • Sticker shock! New car prices jump nearly 7% to record

                      Remember “sticker shock”?  After several years of heavily discounting their products in a desperate bid to keep assembly lines rolling, automakers are finding themselves back in the driver’s seat again – pushing prices to record levels.

                      And it’s “not a blip,” warns one senior analyst, who expects the trend to continue for several years. The good news for shoppers is that trade-ins are also yielding better prices – and while that new car, truck or crossover may command more money than ever before it’s also likely to include significantly more features and markedly better fuel economy than the vehicle it replaces.

                      Live Poll

                      How much do you expect to spend on your next new car?

                      View Results
                      • 180897
                        Under $25,000
                        31%
                      • 180898
                        $25,000 to $35,000
                        22%
                      • 180899
                        Over $35,000
                        14%
                      • 180900
                        I will buy used, if at all.
                        33%

                      VoteTotal Votes: 5828

                      The average new vehicle sold in the U.S. in March cost $30,748, according to data tracking service TrueCar.com.  That was up 6.9 percent from $28,771 a year earlier and marks an all-time record.

                      “It’s not a blip. It’s a trend we’ve been seeing for months,” said Jesse Toprak, TrueCar’s chief automotive analyst.  That’s despite the fact, he says, that “this might seem counterintuitive at a time you might expect to see people buying cheaper cars because fuel costs are rising so fast.”

                      But there have been a number of counterintuitive trends in the industry in recent months. One is the surge in overall car sales, which have been rebounding faster than the U.S. economy – despite the fuel price spike that, in decades past, might have been expected to result in a sharp downturn in demand.

                      There are a number of reasons why new car prices are spiking.  A key reason is “There’s a better equilibrium between supply and demand,” noted Toprak, “which means discounting isn’t needed as much.”

                      Dodge Dart Gets First Factory Wireless Charging System

                      While March saw vehicle sales surge to an annualized rate of around 14.5 million, that’s a long way from the decade-old industry peak of around 17.1 million.  In years past, makers would’ve been tacking on massive rebates and other incentives to boost sales. But in a significant move during the recent recession, many makers slashed production capacity, especially Detroit’s Big Three.

                      And so, with the remaining plants operating at, near and sometimes above their rated capacity, carmakers don’t need to be so generous. March incentives, according to TrueCar, slipped 1.8 percent, year-over-year, to an average $2,440 per vehicle.

                      There’s another reason why the run-up in pricing might seem unlikely. There’s been a significant upturn in the small car market with motorists trading big SUVs for compact crossovers and full-size sedans for subcompacts.  Nearly one in four vehicles sold in March fell into the small car category, up from barely one in six as recently as December, according to industry data.

                      Ford, Nissan Abandon Key Hybrid Programs

                      But don’t think of them as the classic “econoboxes” that proved so popular – briefly – in the wake of the twin oil shocks of the 1970s. Products like the 2012 Ford Focus and the latest-generation Hyundai Accent are far more stylish and well-equipped.

                      Consumers, meanwhile, “are upgrading the vehicles they’re buying,” no matter what class they fall into, noted Art Spinella, lead researcher at CNW Marketing.

                      In the decades that CNW has tracked automotive buying patterns, the typical vehicle will fall into the 50th percentile — almost exactly halfway between the base price of a specific nameplate and the most heavily loaded version. In other words, if the entry model was $20,000 and a fully loaded version was $40,000, the typical buyer would spend $30,000.

                      But now, said Spinella, the average vehicle is falling into the 82nd percentile.  Using the same example, the typical shopper now drives off in a vehicle costing $36,400.

                      U.S. Fuel Economy Tops 24 MPG for 1st Time

                      “People are trying to stuff all the bells and whistles they can in a car” in part, Spinella explained, because “they plan to keep it longer.”  Prior to the Great Recession, buyers told CNW they plan to hold onto a new vehicle, on average, about 42 months. That’s now up to 57 months.

                      The good news is that buyers aren’t necessarily spending a lot more out-of-pocket. That’s because used car prices have also surged over the last several years.  During the first quarter of 2012, the price of the average previously owned vehicle sold through a franchised new car dealer rose 12.5 percent, or about $1,400.  For the consumer, that meant a bigger trade-in allowance to apply to a new vehicle.

                      The upward trend in pricing is almost certain to continue, at least barring a sharp setback to the economy, industry analysts agree.

                      “The long-term trend is gradual price increases continuing for several more years as sales recover to 15 million and even 16 million,” forecast TrueCar’s Toprak.  “But the pace (of the increase) we’ve seen over the last several years isn’t sustainable.”

                      He anticipates prices will start to level off as they reach an average $31,000.

                      Let us know how you feel about sticker prices on our Facebook page.

                       

                      Continue reading this entryContinue reading this entry ...

                    • It's hard to find good workers, even in this economy

                      Mark Lennihan / AP

                      People wait to talk with potential employers at a job fair in New York last December. Despite the high jobless rate, some say it's hard to find good workers.

                      The slowly improving job market may be exacerbating a problem you may not know this country had: Finding good workers to fill open positions.

                      A new survey from human resources firm Right Management finds that 27 percent of human resources executives often have trouble finding the right person for key positions. That’s up from 23 percent a year ago.

                      That may come as a shock to the millions of people who are unemployed, but the lack of qualified candidates is something executives were even complaining about during the depths of the recession.

                      The Right Management survey of 631 human resources officials and senior executives found that another 61 percent of respondents occasionally have trouble finding the right candidate for the job, about the same as last year. Just 13 percent said they seldom if ever have that trouble, a decrease from last year. The survey was conducted late last year.

                      Right Management officials said the findings could be a sign that the job market is improving. The economy has been adding jobs, but employment growth has been painfully slow. The unemployment rate stood at 8.2 percent in March, with 12.7 million people actively looking for a job.

                      Experts say there is legitimate shortage of workers in some fields, such as highly specialized manufacturing jobs.

                       But some also say that employers grew spoiled during the recession, and either aren’t looking hard enough or aren’t willing to do things like pay moving expenses or provide some training for a new employee.

                      One problem is that workers who were laid off from a job in a declining industry may need to retrain for a job in a growing industry. That usually requires some money. The New York Times reported Monday that those jobseekers may face tougher times ahead, since federal funds to retrain the jobless are drying up.

                      Is it hard to find qualified workers in your company or industry?

                      Results with 67 short comments
                      Total of 2,475 votes - click on the "Display Comments" bar below to sort comments

                      42.3%
                      Yes, it's surprisingly hard
                      1,046 votes
                      27.2%
                      No, there are lots of good candidates out there
                      674 votes
                      30.5%
                      It depends on the position
                      755 votes
                      Display Comments:
                      No, there are lots of good candidates out there

                      It seems that even business is not immune to the negative effects of the nanny state. They need to finance the retraining not the Fed.!

                      • 13 votes
                       - 11:21 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      The problem is they want people with PHDs to work for $8.50 an hour. I have 25 years of IT experience and can't get a job but H1Bs can.

                      • 41 votes
                       - Moby49
                       - 11:36 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      Even harder to find good qualified Management that isn't clueless which seems prevailent at most of these companies anymore !

                      • 23 votes
                       - jet7
                       - 11:40 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      It's the same old story. Companies are not willing to spend a single dime on training. They expect candidates to know their unique processe

                      • 31 votes
                       - 11:46 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      Qualified people would be foolish to work part time and companies need to start ponying up real benefits...otherwise they can keep looking.

                      • 18 votes
                       - 11:50 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      MSCE & MBA and unfortunately haven't worked in 3 years. I'm entirely sick of business claiming there is a shortage of skilled labor.

                      • 20 votes
                       - 11:55 am EDT on Tue Apr 10, 2012
                      It depends on the position

                      I've been in IT for 25 years. This industry is experiencing growth, but you can't just plug in a former construction worker or a secretary

                      • 2 votes
                       - 11:56 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      Too many set on finding the "Perfect" employee instead of the "Right" employee and we all know nobody's perfect.

                      • 22 votes
                       - mohican
                       - 11:57 am EDT on Tue Apr 10, 2012
                      It depends on the position

                      You get out what you put in!

                      • 4 votes
                       - 11:59 am EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      If you want to find a perfect candidate for a difficult job, but pay low wages, sure, you'll have a hard time. Good luck with that.

                      • 25 votes
                       - 12:09 pm EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      If every employer expects to hire people that another employer has trained, it's not surprising that they are having trouble.

                      • 13 votes
                       - 12:17 pm EDT on Tue Apr 10, 2012
                      Yes, it's surprisingly hard

                      We have an awful time. People 22-30 are the worst. They come off "entitled" and lack spunk. I hire ppl who are 40 or over when I can.

                      • 8 votes
                       - 12:37 pm EDT on Tue Apr 10, 2012
                      Yes, it's surprisingly hard

                      Everyone wants me. If I were paid a fair wage (same as men) I wouldn't have had to start my own business. Should have paid me a fair wage

                      • 5 votes
                       - 12:40 pm EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      stop age discrimination, have recruiters that understand what a comapany needs, to be successfull

                      • 7 votes
                       - wst500
                       - 12:44 pm EDT on Tue Apr 10, 2012
                      It depends on the position

                      Years ago workers went to work with a company for life. Employers treated employees fairly. No longer is this true.

                      • 13 votes
                       - 12:47 pm EDT on Tue Apr 10, 2012
                      It depends on the position

                      Employers want too much in a candidate.

                      • 6 votes
                       - 12:53 pm EDT on Tue Apr 10, 2012
                      Yes, it's surprisingly hard

                      50 years ago the CEO to Average worker pay was 30 to 1.... Today it's 400 to 1.

                      • 10 votes
                       - 12:55 pm EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      No, but my employer's flawed HR practices have driven out many good workers in favor of loudmouthed self-promoters.

                      • 15 votes
                       - 1:00 pm EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      I believe part of the problem is the HR Department itself! They want someone they can bully into not asking questions and I won't do it.

                      • 6 votes
                       - 1:00 pm EDT on Tue Apr 10, 2012
                      No, there are lots of good candidates out there

                      There are plenty of good people out there who would be good workers if employers were willing to invest in their employees.

                      • 8 votes
                       - 1:02 pm EDT on Tue Apr 10, 2012
                      It depends on the position

                      The NY Times cites federal funds? Real workers that have hard work ethics find ways to get retrained without government help. End of story.

                      • 1 vote
                       - 1:02 pm EDT on Tue Apr 10, 2012
                      It depends on the position

                      companies want to pay peanuts for one IT staff guy and ask him to perform multiple roles that really require a single full time specialist

                      • 6 votes
                       - 1:05 pm EDT on Tue Apr 10, 2012
                      It depends on the position

                      Or the location. I live in Detroit and work for an automtive company. It is rather hard to get folk to move here even for good money.

                      • 1 vote
                       - bass679
                       - 1:07 pm EDT on Tue Apr 10, 2012
                      Yes, it's surprisingly hard

                      Yes. I think there are many qualified people, but they just aren't willing to put the time in. The want the check, not the job.

                      • 2 votes
                       - 1:10 pm EDT on Tue Apr 10, 2012
                      Yes, it's surprisingly hard

                      AND it will get harder and harder thanks to the democrats entitlement mentality. Everyone wants something for nothing.

                      • 1 vote
                       - 1:10 pm EDT on Tue Apr 10, 2012

                      Continue reading this entryContinue reading this entry ...

                    • Facebook's Sandberg: It's OK to leave work at 5:30

                      Mike Segar / REUTERS

                      Facebook's COO Sheryl Sandberg is open and resolute about leaving work at a reasonable hour to spend time with her family.

                      If you’re leaving the office at 5 p.m. to spend time with your family and feeling guilty about it, don’t worry -- you’re in very good company.

                      Facebook’s COO Sheryl Sandberg tells Makers.com, a website that profiles successful American women, that she is open and resolute about leaving work at a reasonable hour to spend time with her family, although she admits she used to worry about what others thought of her departure time.

                      “I walk out of this office every day at 5:30, so I’m home for dinner with my kids at 6,” she told Makers.com, adding that she’s only been brave enough to talk about it publicly over the last few years.

                      Sandberg said she used to want to show her coworkers she was working just as hard as them, by getting up early and making sure they saw her e-mails at 5:30 a.m. or late at night.

                      “I’m more confident where I am [now], and so I’m able to say ‘Hey, I am leaving work at 5:30,’” she said. “I hope that means other women, and men, importantly, feel comfortable going home to see their kids.”

                      Sandberg left Google to join Facebook as its chief operating officer in 2008. She has also served as an economist for the World Bank and as chief of staff at the U.S. Treasury Department.

                      She has a bit of work on her plate now, too, as she helps shepherd Facebook to an expected initial public offering in the next two months that could value the young company at more than $100 billion.

                      You can watch the full video here.

                      What time do you leave work?

                       

                      Results with 122 short comments
                      Total of 29,986 votes - click on the "Display Comments" bar below to sort comments

                      34.6%
                      Before 5 p.m. -- and I get in early, too!
                      10,378 votes
                      41.4%
                      Between 5 and 6 p.m.
                      12,407 votes
                      13.3%
                      Between 6 and 7 p.m.
                      3,974 votes
                      6.7%
                      Later.
                      1,995 votes
                      4.1%
                      I'm not working.
                      1,232 votes
                      Display Comments:
                      Between 5 and 6 p.m.

                      Start at 7, work until 5:30pm. With occasional late nights. More work, fewer workers means someone has to carry the load.

                      • 6 votes
                       - JohnS77
                       - 11:37 am EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      I put my 8 hours in and I'm gone

                      • 27 votes
                       - 11:45 am EDT on Fri Apr 6, 2012
                      I'm not working.

                      JD/MBA Student. But when I intern, I show up early, leave around 5pm because I do things with my kids, like coach BB.

                      • 2 votes
                       - 11:48 am EDT on Fri Apr 6, 2012
                      Later.

                      As a scientist I work long hours for low wage - you know, chasing those "lucrative" gov't grants! Gotta jump through hoops to stay afloat.

                      • 9 votes
                       - 11:50 am EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      Get in early, leave early. Make and have dinner with the family. It's great!

                      • 9 votes
                       - 11:51 am EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      I get in very early, but leave a 3:30 or 4:00. I am the one who gets the kids from school and has dinner ready for my wife @ 6:00

                      • 18 votes
                       - 11:52 am EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      I leave about 5:30, home by 6'ish" and nothing interupts our family dinner, but once we catch up on each one's day, its back to the bberry.

                      • 1 vote
                       - 11:52 am EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      I am in a profession that values long hours, and it hurts my prospects, but everything else is a means to an end: my kids' best interests.

                      • 4 votes
                       - 11:54 am EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      Nothing is more important than family time.

                      • 15 votes
                       - 12:01 pm EDT on Fri Apr 6, 2012
                      Later.

                      Not everyone works 9-5 in this world. The 5 day work week with 9-5 hours is antiquated and needs to be reviewed for productivity.

                      • 9 votes
                       - frank44
                       - 12:04 pm EDT on Fri Apr 6, 2012
                      Later.

                      Building a business from the ground up requires what seems like constant attention. There are no hours that are off-limits.

                      • 3 votes
                       - 12:04 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      It isn't the number of hours you put in, it's the productivity, final work product and value added to the company. Balance your life.

                      • 17 votes
                       - 12:06 pm EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      I work to live. I do not live to work.

                      • 22 votes
                       - 12:09 pm EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      Only because I work 6:00 a.m. to 3:00 p.m; however, when on-site I work until the job is done to my client's satisfaction.

                      • 3 votes
                       - 12:11 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      Work to Live NOT Live to Work!!

                      • 8 votes
                       - cgtrav
                       - 12:14 pm EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      I work 7-4; when coworkers complain I leave early, I say, "Oh I'm sorry, I didn't see you here at 7 AM this morning, I must've missed you"

                      • 17 votes
                       - 12:14 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      I leave at 5pm on the nose. I'm not paid to stay later.

                      • 12 votes
                       - Baja5B
                       - 12:17 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      Does this mean that those of us without kids should feel guilty for leaving at 5:30?

                      • 10 votes
                       - 12:18 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      If something needs to get done, I stay...otherwise I go home at the regular time.

                      • 7 votes
                       - 12:19 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      No one on their death bed ever said, "Gee, I wish I spent more time at the office."

                      • 23 votes
                       - 12:25 pm EDT on Fri Apr 6, 2012
                      Later.

                      I'm always working, in my head.

                      • 5 votes
                       - Baldman
                       - 12:28 pm EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      I don't live to work. I work because I need money for my family. If it wasn't for them, I wouldn't need this grief.

                      • 8 votes
                       - 12:31 pm EDT on Fri Apr 6, 2012
                      Before 5 p.m. -- and I get in early, too!

                      Why should it be unreasonable to expect workers to only put in 40 hours a week?? If I do more than that, my productivity goes down.

                      • 6 votes
                       - 12:40 pm EDT on Fri Apr 6, 2012
                      Later.

                      When the chain is untied. LOL (Just kidding about the chain...but not the hour.)

                      • 1 vote
                       - 12:42 pm EDT on Fri Apr 6, 2012
                      Between 5 and 6 p.m.

                      As a self-employed IT technician with aprox 40 business clients and a small number of personal friends who's computers I work on
                      I work 24

                      • 2 votes
                       - 12:43 pm EDT on Fri Apr 6, 2012

                      Continue reading this entryContinue reading this entry ...

                    • Calif. kids can have Happy Meals, judge rules

                      Seth Perlman / AP

                      A San Francisco judge has dismissed a proposed class-action lawsuit that sought to stop McDonald's Corp. from using toys to market its meals to children in California.

                      

                      Children in California will still be able to get toys with their Happy Meals.

                      A San Francisco judge has dismissed a proposed class-action lawsuit that sought to stop McDonald's Corp. from using toys to market its meals to children in the Golden State. The suit had been filed in late 2010 by Monet Parham, a California mother of two, and The Center for Science in the Public Interest, a consumer advocacy group based in Washington, D.C.

                      The suit had claimed that the world's biggest hamburger chain was violating consumer protection laws and exploiting children's vulnerability by using toys to lure them to eat nutritionally unbalanced meals that can lead to obesity. The lawsuit did not seek damages.

                      McDonald's spokeswoman Danya Proud said that the lawsuit was without merit and detracted from "the important issue of children's health and nutrition."

                      "We are proud of our Happy Meals and will vigorously defend our brand, our reputation and our food," Proud said in the statement. "We stand on our 30-year track record of providing a fun experience for kids and families at McDonald's."

                      The Center for Science in the Public Interest said in a statement that it will discuss with Parham whether to appeal the case. The group called the use of toys to market food a "predatory practice that undermines parents, causes rifts in families and harms kids' health."

                      The suit, filed in the county of San Francisco, was dismissed by Judge Richard Kramer on Wednesday.

                      Do you agree with the judge's ruling?

                       

                      Results
                      Total of 90,657 votes

                      93.4%
                      Yes, parents can figure this out.
                      84,673 votes
                      6.6%
                      No, obesity is a national health issue and this contributes to it.
                      5,984 votes

                      Continue reading this entryContinue reading this entry ...

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