The bottom line
Wall Street bonuses drop; Job openings at highest level in three years; Paid maternity leave levels off; The rising cost of Thanksgiving; China's unhappy millionaires
Wall Street bonuses drop
Wall Street bonuses are expected to fall 20 to 30 percent this year, thanks to the volatile market and cost-cutting at banks. Bond traders are expected to be hardest hit, with bonuses down 45 percent from last year. But the average bonus is still projected to be north of $96,000.
New York Post
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Job openings at highest level in three years
Job openings in the United States are at their highest level since before the fall of Lehman Brothers. There were 3.35 million positions waiting to be filled in September, according to Labor Department data, the most since August 2008.
Bloomberg.com
Paid maternity leave levels off
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Access to paid maternity leave in the U.S. is leveling off, according to a Census analysis. About 51 percent of first-time mothers used paid leave—which includes sick days and vacation—between 2006 and 2008, unchanged from 2001 to 2005. The United States is one of just a handful of countries, including Swaziland and Papua New Guinea, that do not require paid benefits for maternity leave.
Associated Press
The rising cost of Thanksgiving
Thanksgiving dinner is getting more expensive. A turkey dinner for 10 with all the fixings will cost 13 percent more this year than in 2010, according to an annual supermarket survey. To blame: rising commodities prices.
Time.com
China's unhappy millionaires
China is producing millionaires at an unprecedented rate, but many of them want out. A survey of 980 Chinese millionaires reveals that 60 percent say they are considering emigrating or have already taken steps to do so. The most popular destinations are the U.S., Canada, and Singapore.
Asia Times
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