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Posted March 13, 2013 by

Sequestration Far Worse Than March Madness for Job Numbers

John Boehner

U.S. House of Representatives Speaker John Boehner

With the first round of the 2013 NCAA Division 1 men’s basketball championship tournament set to tip off next week, the nation’s employers should be readying themselves for the inevitable drop in productivity that coincides.  One new survey found that nearly one-third of workers spend at least three hours per day following the Tournament during work hours.

In the annual “study” hated by working basketball fans everywhere, global outplacement firm Challenger, Gray & Christmas, Inc., estimates that March Madness will cost American companies at least $134 million in “lost wages” over the first two days of the Tournament, as an estimated 3.0 million employees spend one to three hours following the basketball games instead of working.

“At the end of the day, March Madness will not even register as a blip in the overall economy.  Sequestration is going to have a far bigger impact.  Will March Madness even have an effect on a company’s bottom line?  Not at all,” said John A. Challenger, chief executive officer of Challenger, Gray & Christmas. (more…)

Posted March 19, 2012 by

Factors in Choosing a College Based on the Sports Program

College students are rooting on their respective schools during the NCAA basketball tournament a.k.a. March Madness.  Have you ever wondered, though, if a college’s sports program is a reason to attend it?  While this may not be an overwhelming factor for many students in choosing a particular college, a successful sports program may influence some of them. (more…)