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States plan for more minimum wage increases

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As a national conversation continues about the future of American workers, many political leaders have focused on raising state minimum wages. While some states saw incremental increases in 2019 to keep pace with the cost of living, others like Illinois, Maryland and New Jersey took more ambitious steps to raise their minimum wage to $15 […]

Experts grapple with how to tax marijuana

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With more and more states legalizing marijuana for recreational use, experts predict that federal legalization is inevitable. Yet along with this change comes a major question: how can governments effectively tax marijuana to produce revenue and encourage the most socially desirable outcomes? The answer is far from simple, says Jonathan P. Caulkins, a professor of […]

What does an actuary do, exactly?

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Most actuaries are drawn to the field because of their interest in math or problem solving. But in fact, that’s just the beginning of what’s required for the role. And while about two-thirds of actuaries are employed by the insurance industry, they’re increasingly seeking out other positions at banks, law firms, corporations and government agencies. […]

How three actuaries spend their workdays

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Ask actuaries about their jobs and you might hear a familiar refrain: “Every day is a little different.” But dive more deeply into the details and you start to see a vivid picture of an actuary’s work. In the full article from Investopedia, read three in-depth profiles of actuaries and their typical workdays. Find out […]

Why unfunded pensions need a closer look

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Among the 36 countries in the OECD—those who have pledged to develop and share solutions to economic and social problems—governments currently hold over $78 trillion in unfunded defined benefit pension obligations. For comparison, this is nearly twice the amount of national debt owed by the same countries. How will the world’s most advanced countries deliver […]

How selfies and social media are linked to personality

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If you ask the average person about the effects of social media, you’ll likely get a negative response. They’ll mention how social channels distort our conception of real life, or the outsized role they can play in determining our daily happiness. But the truth, according to researchers, is that how social media affects us is […]

How to write a better resume

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For all the resumes sent to employers each year, only a few rise to the top. And if you want to write a resume that gets noticed, says expert Arnie Fertig, the key is to provide the right context and frame of reference for each of your past accomplishments. In the full article from U.S. […]

Actuary named one of the best jobs in America

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With high median salaries and above-average job satisfaction, actuaries have some of the best jobs in the United States, according to U.S. News & World Report. Actuary was named the 6th best business job in America, rising above jobs like financial advisor, HR specialist and financial analyst. In the full article, view salary information for […]

Why actuaries want a more “sexy” brand

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Is the actuarial profession facing an existential crisis? Or is it merely in need of an image refresh? In the full article from Bloomberg, learn how data scientists have begun to encroach on the duties of actuaries, stealing the “cool factor” in the process. Discover why the SOA and CAS consider it essential that actuaries […]