Archive for May, 2009

Fresh College Grads Can’t Find Jobs

How bad is the job market right now? Check this out:

According to a survey from National Association of Colleges and Employers, the class of 2009 is leaving campus with fewer jobs in hand than their 2008 counterparts. The group’s 2009 Student Survey found that just 19.7 percent of 2009 graduates who applied for a job actually have one.

Too bad for them even bankruptcy can’t get rid of those student loans. With the average cost of a private University over $25k, that means that many of these kids have a $100k + mortgage on their education to repay. That’s a bitter pill to swallow when that job you thought a College Degree Guaranteed you some kind of security.

It begs the question: At these prices, is a college really worth it for the middle class?

Craigslist Drops Erotic Services Category

Ever heard the expression “Anyone can laid on Craigslist.”?

Well, as of today that won’t be quite as true:

As of today for all US craigslist sites, postings to the “erotic services” category will no longer be accepted, and in 7 days the category will be removed.

Also effective today for all US sites, a new category entitled “adult services” will be opened for postings by legal adult service providers. Each posting to this new category will be manually reviewed before appearing on the site, to ensure compliance with craigslist posting guidelines and terms of use. New postings will cost $10, but once approved, will be eligible for reposting at $5.

This move is a response to pressure from law enforcement agencies but it sure does feel like their roots are withering. What’s Craigslist with only a Disneyed-up Red Light District?

Let’s take a pause . . . a moment of silence to morn the Internet’s loss.

Our beloved “Cesspool” may never be the same again.

Google To Open Up Brand Bidding

Looks like they are clued into the fact that brand searches would fetch much more money if there was serious bidding competition:

Starting June 4, marketers in about 200 countries will be allowed to purchase rival trademarks as keywords to trigger display of “sponsored search” ads on Google. Honda, for instance, could bid to have one of its ads displayed when a consumer searches the term “Toyota.”

The whole story is here.

On an unrelated note, on Friday I sold all my stock holdings: including GOOG. I think we’re near the top of a suckers rally.

Cheating and Confessing FTW

Firefox plugins (like most software) don’t make that much on a per user basis from donations. Here’s the story of the writer of a noscript plugin “confessing all”, only to be followed up with more donations than he’s probably received in the life of the project:

When I woke up, the sky was still falling (especially on AMO, where NoScript had had received more ratings than in 4 full years of life). But I also noticed some unexpectedly encouraging email was coming in and, incredibly, donations were skyrocketing. Maybe the sincerity of my sorrow for this incident was arriving to someone. So I started multitasking between the forum and this very writing, and here we are.

Amazing, but as Groucho Marx once said “the key to success in life is sincerity, if you can fake that you have really got it made.”