#nationalbureauofeconomicresearch

[biglisbonnews]

What does it mean that Lael Brainard will head the National Economic Council? US President Joe Biden has chosen a new top economic advisor—and changed the makeup of the Federal Reserve in the process.Read more... https://qz.com/what-does-it-mean-that-lael-brainard-will-head-the-nati-1850112800

[mandyjane-lifedesign]

Middle age misery peaks around 47

According to a study from the US’s National Bureau of Economic Research, 47.2 is the unhappiest age you can be. Thankfully, according to this research, you become happier in your fifties and sixties. No one can say for sure why this is the case but there are many logical possibilities. For many, the problems start when we look at our lives and feel that we aren't where we had hoped we'd be. Most of us have a vision of how life should have turned out (or is turning out) and how life actually is. For most of us there is a discrepancy between reality and our vision and this can be unsettling and cause unhappiness. Financial problems As we get older, it becomes more apparent that we have less time to make our millions and retire financially secure. As we approach retirement age, it can be stressful thinking about how many years you have left to earn enough money to retire comfortably. Career re-assessment time At the age of forty-seven (or thereabouts) it's common for many people to re-assess where they are in their careers. Younger colleagues might be vying for your job and you may wonder how useful you are in the corporate world. At the age of around forty-seven, thoughts may be entering about the future and retiring and where that leaves you. It can be an unsettling time. Added responsibilities of ageing parents In your late forties, it's a common time for eldery parents to need more attention and effort. This can cause a strain on time and family life. #47unhappiestage #emptynestsyndrome #financialissues #lossofcommunity #middleage #middleagemisery #NationalBureauofeconomicresearch #oldage #retirement Read the full article