Monday was one of my favorite days of the year.
Along with the day after Halloween and the day after Valentine's Day, the day after Easter is truly worthy of celebration....
...with 50% off candy at Walgreens (Target is usually only 30% off).
Is there anything particularly wrong with the candy? Is the Reese's Peanut Butter Cup 50% less delicious than it was the day before? Are the jelly beans 50% less chewy? Are the Marshmallow Peeps 50% less gross?
The only thing that caused the price slash is the packaging. The candy is just as good as it was on Easter Sunday, but Walgreens, CVS, Target, etc. have to clear the shelves to get ready for the newest products, Mother's Day, or, perhaps, Christmas (only 244 shopping days left).
Which brings to mind a recent FiveThirtyEight.com study on long-term unemployment. According to Ben Casselman,
The long-term unemployed are just as capable after being unemployed as they were prior to being unemployed, but just like the pastel colors on the M&M's wrapper, they are often judged on the label, rather than what's inside.
In our "Moneyball" and "Big Data" obsession of late, one would think there are market inefficiencies to exploit here. While others are consciously shunning the long-term unemployed for being out of work for so long, shouldn't there be a firm out there able to capitalize on the rich talent available, much like I pounce on the discount candy the day after a holiday?