luni, 29 iulie 2013

An Introduction to Integrated Marketing and SEO: How It Works and Why It Matters

An Introduction to Integrated Marketing and SEO: How It Works and Why It Matters


An Introduction to Integrated Marketing and SEO: How It Works and Why It Matters

Posted: 28 Jul 2013 07:49 PM PDT

Posted by StephanieChang

To say that the SEO industry has changed would be considered a massive understatement. In previous years, for a site to excel in the SERPs (search engine results page), it needed a few key important ingredients:

  • A strong technical foundation, with a crawlable and clean information architecture (that also contained a clear internal linking structure)
  • The strategic use of target keywords on the page and in the URLs
  • Key links with targeted anchor text

Now, the rules have simply changed. Not only are the SERPs displayed differently depending on the user's specific search query (Dr. Pete's Mozcon presentation pointed out 85 different, distinct features in the SERPs from knowledge graph to the related search carousel), but our day-to-day roles have changed. We're now supposed to be knowledgeable about UI/UX, branding, PR, responsive design, international considerations, content strategy/design/implementation, social media, structured data, local SEO, authorship markup, CRO, analytics... the list goes on and on. The reality is that it will always be important as marketers to have a high-level understanding about each of these different disciplines and how they should work together. However, it is impossible to be specialized in all of them. Many of the specialties above have been established industries for quite some time, and like SEO, they have improved and matured. In essence, we need to learn how SEO can integrate itself in a meaningful way with other marketing divisions, or in simpler terms, leverage integrated marketing.

Image courtesy of Mozcon

Why Integrated Marketing?

Integrated marketing is the strategy and implementation of leveraging and unifying different marketing activities. The overall purpose is to complement and reinforce the overall impact of each of these marketing methodologies, so that the marketing process is not only more consistent across different mediums, but also more effective in meeting marketing objectives and increasing a business's bottom line.

In terms of the industry, here are some statistics on overall digital marketing spend as compiled by Gartner in 2012.

  • Companies in different industries spend an average 2.5% of their annual revenue on digital marketing.

  • Companies spend an average 25% of their total marketing budget on digital marketing and specifically, on these type of marketing activities:

As the image above demonstrates, companies spend, on average, 10.7% of their total digital marketing budget on search marketing (though I'd venture and guess that the vast majority of this percentage goes to paid search). However, when it comes to the activities that marketers view as most attributable to their marketing success, only 8-9% of all companies surveyed rated search marketing (including paid) in their top 3.

Images courtesy of Gartner

This perception of search marketing (much less SEO) directly impacts the amount of budget and, subsequently, head space we receive from companies for our work. Although SEOs are involved in many of the activities companies attributable to their marketing success (like content development, UX/UI of the site, and commerce experience), it can be challenging as a consultant or working in-house to be involved in these types of conversations.

As an industry, we need to broaden our scope and find ways to immerse ourselves into these conversations. Like Wil Reynolds mentioned during his presentation at Mozcon, it's about knowing what to pitch and how to pitch.

  • How can we demonstrate and provide value to a company's marketing activities and integrate SEO meaningfully into the process?
    • The goal doesn't necessarily have to be for SEOs to become specialized experts in PR, branding, content, etc., but more focused on how we all can leverage our knowledge and provide value to these existing activities, while also integrating ourselves into discussions on overall marketing vision, strategy, and implementation.
  • How can we stop viewing marketing as distinct channels and, instead, work with other marketing specializations to reinforce and complement all marketing activities/goals/KPIs?

As the online marketing industry continues to change, it becomes more vital for a company to have a consistent mission and vision across all marketing channels.The purpose of this post is not only to inspire us to think bigger about the direction of our industry, but also in our day-to-day work. I also want to showcase examples of other companies I've researched that have successfully leveraged multiple marketing channels to meet common goals.

Integrated Marketing Examples

PR, Social, and SEO

Being at Distilled has provided me with the great fortune of being exposed to individuals with specializations beyond SEO, such as PR. Distilled's previous PR/SEO specialist (now at Dynamo PR), Lexi Mills, and our current specialist, Jess Champion, have really inspired me to think about how to make a content piece more compelling to its target audience and the media. For instance, Lexi once shared how critical it is to ensure that you have enough valuable resources on-hand to enhance a piece of content or a story. For instance, when making a pitch, it's important to ensure that you've created enough material for people to credit and that enhances the value of a story. Once you've built that relationship with the media and they've credited appropriate and legit sources, you've essentially accomplished link building without realizing it (receiving links didn't become a primary focus; it became a consequence of achieving bigger goals). Lexi said that, "As a result, the links you may have attained don't just look natural; they truly are natural."

For example, Australia.com's "Best Job in the World" campaign was effective for multiple reasons. It took a different spin on a concept that could traditionally be seen as "boring" (jobs) and created a hook to receive significant media attention. From a SEO standpoint, the team did a great job of attempting to put some of the campaign on the actual Australia.com domain (even though the actual competition is on a subdomain) because so many PR campaigns are placed on a separate domain and are never mentioned on the actual company website. Not to mention dominating rankings for the keyword phrase "best job in the world" and "best jobs in the world" (an effective branding play).

From a social media perspective, the only way to apply for the position was via Facebook. As a result of the campaign, several media outlets provided links to both Australia.com, as well as the "Best Job in the World" landing page. From the campaign, the site received 1,462 links from 442 linking root domains (including sites like ABC news, the Daily Mail, the Daily Mirror, etc..) From a social standpoint, the campaign has 483,534 likes and approximately 1,000 user interactions on every post.

Images courtesy of Australia.com

PR alongside SEO doesn't just apply to bigger organizations, but also to start-ups or any organization participating in crowd funding. Also according to Lexi, when doing PR for a start-up or an organization participating in crowd funding, it's important to make sure that the actual site is receiving link equity (and not just the crowd funding site). This is important when maintaining the sanctity of the brand because you still want to sell the product on a website once the crowd funding round is complete. You always want to rank first in search engines for your product name. Hence, leveraging the PR surrounding your crowd funding round will help get your potentially new site off to a great foundation.

Or, you can ultimately decide to crowd fund on the product's actual website and reap all the benefits from PR and media coverage directly for your site, such as the case with the Tile App.

Finally, like many other online marketing channels, it's important to make decisions off the back of data. SEO and PR can support one another because SEOs and PRs can work together to determine the specific keywords they want to target for a campaign (both from a branding and from a search engine/user intent perspective) using tools like Google Trends and Google Adwords Keyword Tool. We can also work together to help establish the sites we want to target both from a publicity and a link equity standpoint using metrics, such as DA and PA, as well as what types of credit we want to receive (dofollow link vs image, etc...).

Overall, as SEOs, we also want to help ensure that once a PR campaign is complete, the company can still reap long-term benefits from it whether it be from a technical standpoint (during the course of researching this post, I observed countless PR campaign sites containing 3-5 duplicate home pages and non-indexable content in iframes, sites built in flash, broken links, etc.). In addition, doing so will help ensure that the company will continue ranking for that campaign name in the future, instead of only the PR agency ranking for it (when they publish client case studies).

Offline (Events/Print Advertising/Billboards), Mobile, and SEO

Offline campaigns (like events/print advertising/billboards) have historically been a powerful marketing medium. At the same time, it can be challenging figuring out how offline channels can work seamlessly with online ones. I found inspiration through this image of a recent American Express campaign seen in London (unfortunately it's a little blurry).

There's so much potential from a campaign like this. Having users search for an easy-to-remember keyword phrase on their mobile devices (in this case, having them search "AMEX Gold Tube" is another opportunity to gather data for a traditionally difficult-to-measure channel). Depending on the brand, it's an opportunity to measure traffic (and some of the keyword data that brought users to the site, with the notable exception of "not provided" and others), as well as some compelling mobile usage data (do your research beforehand, especially as it pertains to iOS6 and Android 4 search traffic). It's also an opportunity to create a seamless offline to online interaction that could result in SERP dominance for specific, brand-based terms. Also, depending on the search term that was chosen, it could also be an effective medium to immediately convert users from both a PPC and a SEO perspective. The biggest challenge and goal for a SEO is to ensure that the correct landing page for the specific keyword lands on the number one spot in the SERPs while also creating an ideal SERP landscape (alongside improving conversions for that specific landing page).

Another interesting offline campaign that has become more and more popular is the emergence of pop-up stores. I found the use of Debenhams virtual pop-up stores particularly fascinating. Debenhams created a tour of London's most famous sites and once shoppers were in the correct location on an app, users could "try on" different outfits using augmented reality technology with a backdrop of famous London landscapes. Shoppers could then upload their favorite outfits and receive opinions via social media. If they choose to purchase any of the outfits, they'd automatically receive a 20% discount. Debenhams also implemented SEO best practices in a compelling way by leveraging the press to garner links to key category pages, such as in press releases and asking for any articles or media coverage mentioning the Debenham's virtual pop-up store to give the company proper credit.

PPC, Branding, Content, and SEO

Snickers' ad agency put together am amazingly creative PPC campaign. They compiled a list of the top 500 most commonly misspelled words in search with the help of Google (as usually Google Adwords automatically corrects misspellings and it is against the terms of service to deliberately target misspelled words) and used an algorithm to generate 25,381 different misspelled words. They used these terms to create a "You Are Not You When You're Hungry" campaign. Within two days - yes, two days - Snickers received 558,589 impressions with a stunningly high CTR of 1.05%. The three-day campaign resulted in 5,874 visitors to the site. The endearing video below explains the campaign in more detail.

Initially, the campaign was intended as solely a branding exercise and not necessarily designed to generate CTRs. However, according to this, the brand exposure alone resulted in 705,000 additional Snicker's bars sold that year compared to the previous year, as well as double digit growth in sales. Although this specific campaign did not involve SEO, it's a reminder on how we can all leverage PPC to test our SEO ideas. It's also a reminder that taking calculated risks and being innovative can pay off.

For instance, we can leverage PPC to test out relevant keywords and ad copy before we decide to invest significant resources into targeting them. In addition, at Distilled we strongly believe in the concept of testing. For many of our clients, developing creative content is often times one of the most resource and budget-intensive aspects of SEO. As a result, we want to be sensitive to the costs they are incurring. Thus, we've used PPC to test out different titles for our creative content pieces to determine which ones generated the highest CTR or the greatest number of conversions. Supplying clients with this data helps develop trust, and consequently builds more buy in for our on-going strategy.

Content, Branding, and SEO

Content is one of my greatest passions because I find telling compelling stories and helping my clients build a brand so personally fulfilling. In many ways, content and SEO work seamlessly together, especially in an era where so many individuals have developed the habit of researching information on their own using the Internet. For example, Adria Saracino and I have repeatedly found (whenever we conduct customer surveys), that so many individuals decide to purchase a product based on what they read over the Internet. This means that in order to become successful at SEO (not just in the form of rankings, but in conversions), we need to ensure that we're consistently developing content that relays trustworthiness/authority/loyalty to our customers, while also remaining vigilant about our online reputation.

There have been so many amazing companies that create content for the benefit of their intended audience and subsequently reap the benefits of it like the often mentioned Survey Monkey Survey Templates and MailChimp Resource Guides. However, not all amazing content is in written form. Sometimes content in image form is as, if not more effective (especially if it's pertinent to your brand).

Take, for instance, Polyvore's vision "to capture the breadth of soft goods and people's tastes better than any other platform thanks to a unique, vibrant community of contributors and cutting edge technology." (more detail about the vision can be found here.) Polyvore encapsulates its vision by providing its users with a platform to essentially create their own content using their editor (it's so simple, yet fits so seamlessly with their target audience and vision). Its editor has generated 18,664 links from 237 linking root domains. However, Polyvore also created a tool that doesn't limit its users to build collages out of products that can be found on their site. You can drag, edit, and link any clip onto your collage using their clipper (and for SEOs, the clipper landing page has generated 18,646 links from 70 domains. Plus, from an SEO standpoint, all the tools are a part of the domain, which is an added bonus. Oh, and if you really fall in love with your collage, you can purchase it immediately on their site (content merging with commerce...so many opportunities!).

In the competitive non-profit world, countless numbers of organizations clamor for the mind share and resources of the general public, all while facing limited budgets of their own. It's often times difficult to know what type of content to put on the website that would be effective in immediately developing an organization's credibility. Having previously been a part of the non-profit world, I was really impressed by the Robin Hood Foundation's website. All the content on their site speaks back to their mission of fighting poverty in New York City and they've carefully invested their resources on organizing and presenting the most relevant data on their site in a clean, visually stimulating format that is incredibly easy for anyone to digest. It has also been effective - their Hurricane Sandy page has garnered links from MTV, Forbes, and Foursquare.

Finally, I was really inspired by Brittan Bright of iAcquire's Moz meetup presentation last year when she talked about her experience working on AXE's Susan Glenn campaign. Brit worked closely with a few other large agencies like Edelman and BBH on a meme marketing campaign that integrated branding, online reputation management, social media, and SEO on how to ensure that the term "Susan Glenn" would come to mean the girl that got away but who remains untouchable for the guy that covets her. There were television commercials (see below), a separate website, domination in the SERPs in universal search results (with image snippets and video results).


In Conclusion

Going through this process is hard work, requires a collaborative effort between multiple marketing channels, and can often feel as if it takes a long time to accomplish anything. However, relaying a consistent message across all marketing channels and unifying the marketing vision for the company is incredibly powerful. That consistency reinforces the brand's trust and authority to potential consumers. Truly, our end goal as marketers, regardless of channel, remains the same: we're all here to support the organization's vision/mission/values, and to work hard to fulfill and grow the company's bottom line.

I'm extremely hopeful that this industry will continue to propel itself forward, continuously ask itself the right questions (the why's and what's the big picture), and really push ourselves to think outside the box. Only then are we in a position to effect change.


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Seth's Blog : Gardens, not buildings

 

Gardens, not buildings

Great projects start out feeling like buildings. There are architects, materials, staff, rigid timelines, permits, engineers, a structure.

It works or it doesn't.

Build something that doesn't fall down. On time.

But in fact, great projects, like great careers and relationships that last, are gardens. They are tended, they shift, they grow. They endure over time, gaining a personality and reflecting their environment. When something dies or fades away, we prune, replant and grow again.

Perfection and polish aren't nearly as important as good light, good drainage and a passionate gardener.

By all means, build. But don't finish. Don't walk away.

Here we grow.

       

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duminică, 28 iulie 2013

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Euro Sucks Italian Blood; Prime Minister Blames Tax Evasion; Reflections on Italy's Shadow Economy

Posted: 28 Jul 2013 10:57 AM PDT

This summer a private air plane has been flying over Italian beaches with a banner message Euro is Sucking Italian Blood



The article states "Italians have only one solutions to fight against this situation : leave Italy."

No End in Sight to Italy's Economic Decline

Der Spiegel says No End in Sight to Italy's Economic Decline
The Italian economy may be the third largest in the euro zone, but it is also plagued by inefficiency and continues to shrink. The country's political leadership has proven unable to implement badly needed reforms and the future looks grim.

Italy, despite being the third-largest economy in the euro zone after Germany and France, finds itself in dire straits, having been in decline for years. Its GDP has dropped by 7 percent since 2007. The last few years, says Gianni Toniolo, an economics professor in Rome, represent "the worst crisis in (the country's) history," even more devastating that the period between 1929 and 1934.

Some sectors have lost even more capacity, with the automobile industry having declined by 40 percent. According to Paolazzi, Italy is experiencing an "unprecedented process of deindustrialization."

But why?

Wages aren't the problem. They are 15 percent lower than Belgian and French wages and 30 percent lower than wages in Germany, according to a current Bank of Italy comparison. But according to Confindustria, the Italian economy faces a tax burden that is 20 percent higher than in Germany. And unit labor costs are about 30 percent higher than German levels, say central bank officials.

The CGIA research institute in Mestre, near Venice, found that one in two small businesses was only able to pay its employees in installments. Three out of five companies are forced to take out loans to pay their high tax bills.

In addition to the tax burden, a bloated bureaucracy obstructs almost all economic activity, an inefficient judiciary deters potential investors with trials that can last for decades. Italy has a relatively low education level and a poor infrastructure characterized by potholed streets, an energy supply prone to failure, constantly delayed trains and outmoded communication networks.

As a result, Italy continues to fall behind internationally as a place to invest. It is now 44th in the World Competitiveness Center (WCC) ranking, below the Philippines, Latvia, Russia and Peru, and only slightly above Spain and Portugal.

Populists like Berlusconi and the founder of the "Five Star" protest movement, Beppe Grillo, are not the only ones advocating the most radical of all solutions for Italy's problems. The country has "a lot of vitality and great potential," says US economist and policy advisor Allen Sinai, but it can only benefit from these strengths "by withdrawing from the euro."
Structural Problems

The Euro is clearly a problem, but leaving the Euro without fixing the other structural problems will not fix anything.

Letta Declares War on Tax Evasion

The Telegraph reports Italian Prime Minister Enrico Letta pledges war on tax evasion
Italian prime minister Enrico Letta pledged Wednesday to "fight relentlessly" against tax evasion in the recession-hit country, as the government pushed new growth measures through the lower house of parliament.

Letta blamed Italy's underground economy - which ranges from simple tax evasion to organised crime and accounts for some 25 percent of the overall economy according to most studies - for damaging competitiveness.
Reflections on Italy's Shadow Economy

Letta has things ass backwards. Tax evasion and the underground economy is not destroying Italy. Rather, Italy's massive underground economy is a symptom of the dysfunctional nature of the real economy.

The underground economy thrives because of high taxes, poor infrastructure, political favoritism, and inane labor rules.

A crackdown on tax evasion (a symptom of the problem, not the problem) will only make matters worse.

Only Hope is Bankruptcy 

For more on Italy, please note the opinion of Enrico Colombatto, Professor of Economics at the University of Turin who says "Only Hope For Italy is Bankruptcy".

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Seth's Blog : Perhaps you could just make something awesome instead

 

Perhaps you could just make something awesome instead

Mass marketers love the promise of big data, because it whispers the opportunity of once again making average stuff for average people, of sifting through all the weird to end up with that juicy audience that's just waiting to buy what they've made.

Big data is targeting taken to the highest level of granularity. It grabs your behavior across web sites, across loyalty cards, who knows, across your phone records... the promise of all this grabbing is that marketers will be able to find precisely the right person to reach at the right moment with the right offer.

[Worth noting that the flipside--the ability to reach the weird and offer them something that would never be practical otherwise--is a breakthrough just waiting to happen.]

And the rocket scientists are busy promising Hollywood that they can run the numbers on a script and figure out how to change it to make it more likely to sell. Add a sidekick to that superhero, perhaps, or have that demon be summoned instead of whatever it is that unsummoned demons do...

This rearview window analysis is anethema to the creative breakthrough that we call art. No amount of digital focus group research could figure out that we wanted Memento or the Matrix or Amour. Worse, it's based on the flawed assumption that the past is like the future, that correlation and causation are related. By that analysis, every Supreme Court chief justice, US president and New York City police chief is going to be a man. Forever more.

We are going to get ever better at giving committees ways to turn your work into banality. That opens up the market even more for the few that have the guts to put great work into the world instead.

       

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sâmbătă, 27 iulie 2013

Mish's Global Economic Trend Analysis

Mish's Global Economic Trend Analysis


Farm Robots to Make Migrant Worker Vegetable Pickers Obsolete; Welcome the "Lettuce Bot", the "Grape Bot", the "Strawberry Bot"

Posted: 27 Jul 2013 11:16 AM PDT

The migrant worker agricultural jobs that few legal US citizens are willing to do for the price farmers are willing to pay will vanish within a decade as robots will soon be able to perform even those tasks cheaper.

Welcome the "Lettuce Bot", the "Grape Bot", the "Strawberry Bot"

Time reports Robots to Revolutionize Farming and Ease Labor Woes.
On a windy morning in California's Salinas Valley, a tractor pulled a wheeled, metal contraption over rows of budding iceberg lettuce plants. Engineers from Silicon Valley tinkered with the software on a laptop to ensure the machine was eliminating the right leafy buds.

The engineers were testing the Lettuce Bot, a machine that can "thin" a field of lettuce in the time it takes about 20 workers to do the job by hand.

The thinner is part of a new generation of machines that target the last frontier of agricultural mechanization – fruits and vegetables destined for the fresh market, not processing, which have thus far resisted mechanization because they're sensitive to bruising.

Researchers are now designing robots for these most delicate crops by integrating advanced sensors, powerful computing, electronics, computer vision, robotic hardware and algorithms, as well as networking and high precision GPS localization technologies. Most ag robots won't be commercially available for at least a few years.

On the Salinas Valley farm, entrepreneurs with Mountain View-based startup Blue River Technology are trying to show that the Lettuce Bot can not only replace two dozen workers, but also improve production.

"Using Lettuce Bot can produce more lettuce plants than doing it any other way," said Jorge Heraud, the company's co-founder and CEO.

The Lettuce Bot uses video cameras and visual-recognition software to identify which lettuce plants to eliminate with a squirt of concentrated fertilizer that kills the unwanted buds while enriching the soil.

Blue River, which has raised more than $3 million in venture capital, also plans to develop machines to automate weeding – and eventually harvesting – using many of the same technologies.

Another company, San Diego-based Vision Robotics, is developing a similar lettuce thinner as well as a pruner for wine grapes. The pruner uses robotic arms and cameras to photograph and create a computerized model of the vines, figure out the canes' orientation and the location of buds – all to decide which canes to cut down.

In southern California, engineers with the Spanish company Agrobot are taking on the challenge by working with local growers to test a strawberry harvester.

The machine is equipped with 24 arms whose movement is directed through an optical sensor; it allows the robot to make a choice based on fruit color, quality and size. The berries are plucked and placed on a conveyor belt, where the fruit is packed by a worker.
End of the Migrant Worker

Natural News reports Farm robots to make human ag workers obsolete within a decade.
Technology is about to take over America's fruited plains - robots, it seems, are all the rage down on the farm, and their introduction and spread will make human farm work a thing of the past.

Right now hordes of migrant workers tend to "America's Salad Bowl," located in sunny California, as they have for the past 100 years. But the coming machines will usher in the end of an era.

And many farmers are welcoming the technological advances. They see bots as easing the illegal immigration problem, increasing productivity at less cost (which could be passed onto consumers even as farm profits are bolstered), boost quality and provide a more consistent product.

"Almost three-fourths of all U.S. hired farm workers are immigrants, most of them unauthorized. The U.S. food system - particularly fruit and vegetable production - depends on immigrants more than any other sector of the U.S. economy," says a report by the Bread for the World Institute.

Robots will cost plenty - for the largest farming operations, millions of dollars - but farm operators say the expense will be worth it.

Still, there is much research and development to be done. Right now, bots - machines in general - are clumsy and bulky. They are not always able to detect when fruit and vegetables are ready to be harvested or picked. They can't always detect between produce and leaves. And they don't have the dexterity of a seasoned farm worker.

Machinery and machine technology has made farming easier and more efficient for centuries. The development continues.
Two Predictions

  1. Technology will improve much faster than currently estimated
  2. By the time Congress addresses the illegal immigrant problem, the nature of the problem will have radically changed


Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Payroll Employment for Age Group 18 to 29 Shows Fewer Full-Time Employment "Regardless of Education"

Posted: 27 Jul 2013 12:07 AM PDT

A Gallup Poll on US Payroll Employment for Age Group 18 to 29 shows Fewer Young Adults Holding Full-Time Jobs in 2013.
Fewer Americans aged 18 to 29 worked full time for an employer in June 2013 (43.6%) than did so in June 2012 (47.0%), according to Gallup's Payroll to Population employment rate. The P2P rate for young adults is also down from 45.8% in June 2011 and 46.3% in June 2010.



Younger Americans Less Likely to Have Full-Time Work Now, Regardless of Education



Older Americans More Likely to Hold Full-Time Jobs Now Than a Year Ago

The lack of new hiring over the past several years given a recovering economy seems to have disproportionately reduced younger Americans' ability to obtain full-time jobs. On the other hand, Americans aged 30 to 49 this June were, at 61.4%, about as likely to have a full-time job as they were in June of each of the prior three years.

The percentage of Americans aged 50 to 64 who have a full-time job increased in June 2013, to 48.2%, from 46.6% a year ago and 45.7% in June 2010. Similarly, 8.4% of Americans 65 or older had a full-time job in June 2013, compared with 7.2% in June 2012 and 6.2% in June 2010.

The slow economy of recent years has limited new hiring. This has likely increased the percentage of older Americans with jobs, as companies may be placing a greater value on their experience and productivity and as older workers decide to continue to work when given the opportunity to do so. It also may suggest that far fewer workers are retiring voluntarily. In turn, this may imply that the current labor participation rate will increase, as those who involuntarily left the workforce return in greater numbers than expected once the U.S. economy begins to grow significantly.
These results are not surprising. Here is a snip from my May 1, 2008 post on the Demographics Of Jobless Claims

Ironically, older part-time workers remaining in or reentering the labor force will be cheaper to hire in many cases than younger workers. The reason is Boomers 65 and older will be covered by Medicare (as long as it lasts) and will not require as many benefits as will younger workers, especially those with families. In effect, Boomers will be competing with their children and grandchildren for jobs that in many cases do not pay living wages.

Social Security Cliff in Sight

And so here we are. Boomers are competing with their children and grandkids for jobs. Demographics are awful. And the ramifications of an aging workforce with fewer workers than ever vs. retirees puts stress no only on public union pension plans, but also on Social Security.

For further discussion, please see Social Security Cliff in Sight; Retirees Will Outlive Trust Fund; Ramifications of Nonmarketable IOUs and Privatization

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

More personal pins and a privacy policy update

Hi Hari!

We've added a few new tools to help you see more pins you like, and fewer pins you don't, when you come to Pinterest. Over the next few weeks, you'll be able to:

Quickly edit your home feed.
Use the Edit button to get your home feed just how you want it. Go to Follow Boards to see boards you might want to follow based on stuff you've already pinned and popular boards on Pinterest. Or, go to Unfollow Boards to stop seeing pins from boards you're not that into anymore. You can edit from the web or your phone—try it out!

See more personalized pins.
If you're interested, we'll suggest pins and boards based on info like websites you've visited and things you've pinned. So if you're planning a party and have gone to lots of party sites or pinned party-themed decorations, we'll try to suggest pins to make your event a hit.

You can learn more about personalized pins in our Help Center or updated privacy policy. Or if you're not interested, you can easily change your account settings. And of course, we also respect Do Not Track.

We'll keep working hard to make your home feed a little better. In the meantime, please let us know how you feel about the new tools!


—The Pinterest Team

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A Better Bargain for the Middle Class

Here's What's Happening Here at the White House
 
 
 
 
 
 
  Featured 

A Better Bargain for the Middle Class

In this week’s address, President Obama tells the American people about his speech at Knox College on Wednesday, where he discussed the cornerstones of what it means to be middle class, including having a good job, a home that is your own, quality education, a secure retirement, and affordable health care.

Watch this week's Weekly Address.

Watch this week's Weekly Address.

 
 
  Top Stories

NCAA Champions: On Tuesday, President Obama welcomed the NCAA Champion Louisville Cardinals to the White House. President Obama, an avid basketball fan, celebrated the team’s accomplishments both on and off the court – praising their cumulative 3.3 grade-point-average, the thousands of dollars they helped raise for charity, and their determination, despite physical obstacles, to win the men’s NCAA title.

Vice President and Dr. Biden in India: The Vice President and Dr. Biden traveled to India and Singapore, as part of their six-day trip – meeting with leaders and visiting schools and aid workers to discuss the important opportunity to strengthen our partnerships within the region and reaffirm our commitment to rebalancing U.S. foreign policy toward the Asia-Pacific. When they arrived in New Delhi on Monday, they visited Mahatma Gandhi’s granddaughter and toured the Gandhi Smriti museum.

On Tuesday, the Vice President met with Indian Prime Minist Dr. Manmohan Singh, President Pranab Mukherjee, and Vice President Hamid Ansair. The leaders discussed the relationship between the United States and India. Later, Vice President Biden spoke at a dinner hosted by Indian Vice President Hamid Ansari, where he spoke about the importance of the partnership between the two countries. During the day, Dr. Biden visited the settlement of Kachhpura, where USAID Health and Urban Poor Program has been stationed since 2011.

Speaking from the Bombay Stock Exchange on Wednesday, the Vice President spoke about moving both the U.S. and Indian economies forward – noting that American interests were very similar to Indian interests. Dr. Biden hosted a roundtable discussion to hear more about how groups are working to improve nutrition in India and visited The Dilaasa Crisis Intervention Department for Women, a center for female survivors of domestic violence.

Women at the Indian Institute of Technology met with Vice President Biden on Thursday for a roundtable discussion. The Vice President spoke about the importance of engaging women in science, technology, and engineering and explained what the U.S. is doing to promote STEM in the United States. Dr. Biden visited an all-girls school, where she taught a grammar lesson.

National Council of La Raza: First Lady Michelle Obama spoke to more than 1,800 people at the National Council of La Raza’s Annual Conference on Tuesday, highlighting the importance of healthy eating, while keeping in mind the tradition and culture behind food. “While food might be love, the truth is that we are loving ourselves and our kids to death,” the First Lady said. “So we need to step up. We need to own this as a serious problem in our communities.” 

#ABetterBargin: Kicking off a series of speeches about the economy, President Obama boarded Air Force One on Wednesday and took off for the Midwest. His first stop was Knox College in Galesburg, Illinois – the place he made his first speech on the economy after being elected as U.S. Senator back in 2005; the President also traveled to the University of Central Missouri. At both events, the President discussed the economic progress we have made in the last five years, and encouraged Americans that we’re not done yet.

“As a country, we’ve recovered faster and gone further than most other advanced nations in the world.  With new American revolutions in energy and technology and manufacturing and health care, we're actually poised to reverse the forces that battered the middle class for so long, and start building an economy where everyone who works hard can get ahead. 

But -- and here's the big “but” -- I’m here to tell you today that we're not there yet. We all know that.  We're not there yet.  We've got more work to do.”

Instagram: While President Obama was preparing to head to Illinois, the Chief Official White House Photographer, Pete Souza, launched his own Instagram account – giving followers a behind-the-scenes look at the presidency. Follow his Instagram here, and then go follow the official Instagram accounts for the White House and First Lady Michelle Obama.

Meeting with the President of Vietnam: President Truong Sang of Vietnam visited the White House on Thursday for a bilateral meeting with President Obama in the Oval Office. The leaders discussed the Trans-Pacific Partnership and other ways the U.S. and Vietnam can work together to create jobs in both countries.

Talking Infrastructure: Reiterating his speeches on the economy in the Midwest the day before, the President visited Jacksonville, Florida on Thursday. The President said,

“We’ve got to help more manufacturers bring more jobs back to America.  We’ve got to keep creating good jobs in manufacturing.  We’ve got to create good jobs in wind and solar energy.  We’ve got to tap into this natural gas revolution that’s bringing energy costs down in this country, which means manufacturers now want to locate here because they’re thinking that we’ve got durable, reliable supplies of energy. We’ve got to create more jobs today doing what you’re doing right here at JAXPORT -- and that’s building this country’s future.”

Iftar Dinner: Muslim Americans were invited to the White House on Thursday night to celebrate an Iftar dinner. President Obama, who has hosted this event for five years, thanked the community for their contributions to the United States.

 

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