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tracking the data in 1985 and a whopping 83 percent increase from 1991 when only 15 percent of the labor force maintained flexible schedules. Degreed Women Shatter The Glass Ceiling As companies have an increasingly difficult time finding qualified individuals to fill the growing number of highly skilled positions, college- educated women will be the biggest benefactors, ultimately leading to the disappearance of the glass ceiling. The number of women earning four-year college degrees has surged 44 percent over the last two decades, from 444,045 in 1979 to approximately 640,000 or 56 percent of the estimated 1,140,000 college graduates in 1999, according to the Department of Eduation. In recent years, the number of men earning four-year degrees has actually fallen six percent from 532,881 in 1993 to 500,000 this year. As fewer and fewer men obtain bachelor's degrees, women will make further inroads in adding to the managerial and executive ranks as the job candidates of choice in this rapidly changing and expanding economy. Internet Losers Lead Surge In Start-Ups Sweeping changes from mergers and acquisitions, continued restructuring and the growth of Internet commerce are likely to lead to increased downsizing for professionals in the insurance and securities industries. However, the mass job displacement from these sectors may result in a surge of start-ups which could ultimately be among the most successful in United States history due to the unique relationship-building abilities of these professionals. The ability to build lasting relationships is a significant advantage in the entrepreneurial process. It not only helps in establishing a solid customer base, it also will prove to be beneficial in forming associations with vendors and employees as well as investors or loan institutions. John Challenger, Page 2

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    "ocrText": "tracking the data in 1985 and a whopping 83 percent increase from 1991 when\nonly 15 percent of the labor force maintained flexible schedules.\nDegreed Women Shatter The Glass Ceiling\nAs companies have an increasingly difficult time finding qualified\nindividuals to fill the growing number of highly skilled positions, college-\neducated women will be the biggest benefactors, ultimately leading to the\ndisappearance of the glass ceiling.\nThe number of women earning four-year college degrees has surged 44\npercent over the last two decades, from 444,045 in 1979 to approximately\n640,000 or 56 percent of the estimated 1,140,000 college graduates in 1999,\naccording to the Department of Eduation.\nIn recent years, the number of men earning four-year degrees has actually\nfallen six percent from 532,881 in 1993 to 500,000 this year.\nAs fewer and fewer men obtain bachelor's degrees, women will make\nfurther inroads in adding to the managerial and executive ranks as the job\ncandidates of choice in this rapidly changing and expanding economy.\nInternet Losers Lead Surge In Start-Ups\nSweeping changes from mergers and acquisitions, continued restructuring\nand the growth of Internet commerce are likely to lead to increased downsizing\nfor professionals in the insurance and securities industries.\nHowever, the mass job displacement from these sectors may result in a\nsurge of start-ups which could ultimately be among the most successful in United\nStates history due to the unique relationship-building abilities of these\nprofessionals.\nThe ability to build lasting relationships is a significant advantage in the\nentrepreneurial process. It not only helps in establishing a solid customer base, it\nalso will prove to be beneficial in forming associations with vendors and\nemployees as well as investors or loan institutions.\nJohn Challenger, Page 2"
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