- Los Angeles Is the Latest City to Consider a Minimum Wage Hike
- Corporate Taxes Are 10 Percent of Federal Revenue, Down from 30 Percent
- Spare Tires Are Disappearing From New Cars
- Ask Stacy: How Am I Supposed to Live on Social Security?
- What If You Can’t Pay Your Medical Bills?
- IPhone 6 Is Expected to Include a Mobile Wallet
- SAT Tutor Caters to the Kids of the Very Wealthy
- Report: Students Should Beware of Campus Debit Cards
The Wall Street Journal covered a new study that suggests summer babies just should give up on their business aspirations…
According to the report, just 6.1 percent of a sampling of S&P 500 CEOs was born in June, and 5.9 percent had July birthdays. That’s well below the number born in March (12.5 percent) and April (10.7 percent). The researchers looked at 375 CEOs who held the job title between 1992 and 2009.
Part of the reason, according to the study, is when they started kindergarten. Those who start younger are at a disadvantage, while those who don’t squeak past the school registration cutoff and wait a year are better prepared.
The full article appears in the research journal Economics Letters, and costs $31.50 to read.