New York Times Financial Guide

With startling statistics, financial reporter Klott exhaustively projects the probable economic gyrations of the new ``peace'' decade. ``Lifelong education,'' he writes, will be required to keep up with rapid technological change. Demographic news: white males comprise a mere 15% of the blue-collar work force, which itself is fading fast; more women will enter management; one-parent or step-families already are the ``most common arrangement.'' By 1999, black and Hispanic populations will increase 25%, and senior citizens over 85 years of age, a whopping 49%; there will be 40% more jobs in accounting, 50% more in engineering, 90% more in health technology. Instant electronic communication, a crumbling infrastructure and urban congestion will bring a surge in ``temp'' employment, home offices and company relocations. For survival in this kinetic environment, the author offers alternative approaches to job-seeking, career advancement, personal finance, insurance, tax considerations and other crucial aspects. (Sept.)