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Job worries? Here’s how China stacks up against the U.S. and other countries

Job worries? Here’s how China stacks up against the U.S. and other countries

[ad_1] Unemployment among China's youth aged between 16 and 24 has surged to nearly 20%, according to an official survey for July. Pictured here is a job fair in Beijing on Aug. 26, 2022.Jade Gao | Afp | Getty ImagesBEIJING — More people in China and Brazil are worried about

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Next rate hike will spark ‘dangerous game’ with state of economy, investor Peter Boockvar warns

Next rate hike will spark ‘dangerous game’ with state of economy, investor Peter Boockvar warns

[ad_1] The market's violent reaction to hotter-than-expected inflation may usher in more losses.Investor Peter Boockvar believes Wall Street is coming to grips with a painful reality: Inflation isn't moderating, so the Federal Reserve won't pivot."After next week's rate hike, we're going to start playing a dangerous game with the state

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The rising unemployment rate was ‘the best news’ in the August jobs report, economist says. Here’s why

The rising unemployment rate was ‘the best news’ in the August jobs report, economist says. Here’s why

[ad_1] Catherine Mcqueen | Moment | Getty ImagesWhy the unemployment rate increased in AugustThe unemployment rate increased by 0.2 percentage points from 3.5% in July — a level that had tied with early 2020 as the best since 1969.The movement upward in August was largely attributable to hundreds of thousands

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Worst is yet to come: Economist Stephen Roach says U.S. needs ‘miracle’ to avoid recession

Worst is yet to come: Economist Stephen Roach says U.S. needs ‘miracle’ to avoid recession

[ad_1] Negative economic growth in the year's first half may be a foreshock to a much deeper downturn that could last into 2024.Stephen Roach, who served as chair of Morgan Stanley Asia, warns the U.S. needs a "miracle" to avoid a recession."We'll definitely have a recession as the lagged impacts

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5.2% of job ads offer a signing bonus — but 8 fields have the most. Here’s how workers can negotiate one

5.2% of job ads offer a signing bonus — but 8 fields have the most. Here’s how workers can negotiate one

[ad_1] Luis Alvarez | Digitalvision | Getty ImagesEmployers are using signing bonuses at an elevated rate to attract talent — and there are ways workers can capitalize on the trend.A signing bonus is a financial sweetener — often a lump sum of cash — that businesses offer prospective hires.Offers vary

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Everything from wages to used car prices could jump higher, market researcher Jim Bianco warns

Everything from wages to used car prices could jump higher, market researcher Jim Bianco warns

[ad_1] Washington's efforts to curb inflation will fall short particularly this year, according to market forecaster Jim Bianco.And, he believes this week's key inflation data will help prove it."I don't see anything that will reduce the inflation rate. There are some things that might reduce prescription drug prices and maybe

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For tech workers who missed window for IPO market riches, it’s time for a job market rethink

For tech workers who missed window for IPO market riches, it’s time for a job market rethink

[ad_1] A banner for Snowflake Inc. is displayed celebrating the company's IPO at the New York Stock Exchange (NYSE) in New York, U.S., September 16, 2020.Brendan McDermid | ReutersAI software startup DataRobot may not be a name many in the general public know, but its workers have gone through a

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Long-term unemployment tumbles to its pre-pandemic level, helping to ‘mitigate the risks of labor-market scarring’

Long-term unemployment tumbles to its pre-pandemic level, helping to ‘mitigate the risks of labor-market scarring’

[ad_1] Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy.Long-term joblessness is a period lasting at least six months. Those without work that long are exposed to more financial

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Typical job switcher got a pay raise of nearly 10%, study finds

Typical job switcher got a pay raise of nearly 10%, study finds

[ad_1] Morsa Images | DigitalVision | Getty ImagesMany workers who changed jobs recently saw raises from their new paychecks outpace inflation by a wide margin — by nearly 10% or more, according to a new study by the Pew Research Center.The typical American who changed employers in the year from

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