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Generation Y surprisingly upbeat about the future

Generation Y is one of the hardest hit generations in the recession.   Surprisingly, the generation is optimistic.  According to a recent survey by Experience, 50% of US Gen Y respondents believe that their job prospects are optimistic.  Experience’s Survey also shows that 25% believe that the media are presenting an excessively negative job outlook. Only a third believe that their career development will suffer due to lack of opportunity. Surprisingly, only about 30% of Gen Y feels they should work longer hours and take on more projects for job security.

What industries are Gen Y young people interested in?

China’s Desire to Ditch the Dollar as World Currency

China’s central bank governor Zhou Xiaochuan has written a rare essay about his desire for a world currency, other than the dollar, to be be administered by the IMF.  His rationale is that the world is no longer “unipolar,” implying that the US no longer a single superpower.

What will transportation look like in 2088?

Honda is attempting to answer this question and has been promoting documentaries on similar issues of the future throughout the web.  The video is a documentary of ideas and dreams about the future.

Online Gaming Industry Growing as Casinos Struggle

Market Intelligence Journal: Shifts in Gaming Market

In a study, ComScore found that Online Gaming grew rapidly in 2008 because of a slow economy. Online gaming is positioned as a substitute to expensive trips to Bric-and-Mortar casinos in Las Vegas, Reno and Atlantic City, and can benefit from ad revenue as well. Our own research shows that the Brick-and-Mortar Gaming Industry is struggling in the economic downturn.

Online Gaming Market Size

2008 growth rate: 27% year on year

2008 Market size: 86 million visitors

2007 Market size: 67 million visitors

Apple’s Mac Stealing PC Market Share

According to a new study, Apple Mac computers registered a 8.2% marketshare in October 2008. The research firm conducted a survey of 40,000 websites and tracked the web browsers used.

With growth in its iPhone products, iPods and new Mac products, Apple now offers a robust product portfolio to which its customers are responding.

One of Microsoft’s main challenges has been to convince the public to upgrade from XP to Windows Vista.

No Signs of Recovery in the GCC

No end appears in sight for a robust economic recovery in the GCC. This article illustrates how Dubai and Qatar are hard hit in the global economic recession. Oman was the only stock market to show positive gains. While the Middle East / GCC region is down, the outlook appears more vibrant than in Developed markets, with stock markets making gains in positive territory.