GOOD DAY FOR: Final payments, as collecting on the debts of dead people from their relatives is one of the bright spots in the otherwise grim debt collection industry. In many cases, the relatives agree to pay off the dead person’s credit card or cellphone bill, even though they often have no legal responsibility to do so. “We want the dead to rest easy, knowing their obligations are taken care of,” explains industry consultant Michael Ginsberg. (The New York Times)
BAD DAY FOR: Job seekers, after a survey of payroll data by ADP Employer Services showed that U.S. private employers cut 697,000 jobs in February. Economists were expecting about 630,000 cuts. The ADP report, coming before Friday’s official Labor Department jobless numbers, signals the 14th straight month of net U.S. job losses. In all, more than 4.2 million Americans have lost their jobs in the current downturn. (Bloomberg)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- How academia's liberal bias is killing social science
- Why Pakistan won't hunt down the terrorists within its borders
- 43 TV shows to watch in 2014
- Pope Francis' American problem
- How to be the most productive person in your office — and still get home by 5:30 p.m.
- Sorry, GOP, tax cuts don't pay for themselves
- What would a U.S.-Russia war look like?
- A brief history of the Christmas present
- 10 things you need to know today: December 20, 2014
- Vox, derp, and the intellectual stagnation of the left
Subscribe to the Week