Monday, August 15, 2022
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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

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

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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The great unrest: How 2020 changed the economy in ways we can’t understand yet

In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people are feeling as they try to figure out what's going on with the U.S. economy right now:"This is truly one of the most complex environments we've ever seen in our industry to operate

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The confusing job market: Tech and finance brace for the worst, retail is mixed, travel can’t hire fast enough

JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida.Robert Nickelsberg | Getty Images News | Getty ImagesIt wasn't long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley

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

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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Fed Chair Jerome Powell said he does not think the U.S. is currently in a recession

Federal Reserve Chairman Jerome Powell said Wednesday he does not believe the U.S. economy is in a recession as the central bank raised rates further to fight inflation."I do not think the U.S. is currently in a recession and the reason is there are too many areas of the

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Top Federal Reserve officials say they misread inflation and now plan to correct the course

Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy.A chorus of analysts, economists and former policymakers have chimed in, saying that was a mistake."The forward guidance, overall, slowed the

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Inflation poses a ‘clear and present danger,’ says Manchin: Economists weigh in on how it can hurt and help consumers

A person shops for groceries on March 10, 2022 in the Prospect Lefferts Garden neighborhood of Brooklyn.Michael M. Santiago | Getty Images News | Getty ImagesInflation hit a new 40-year high in June and policymakers are working feverishly to tame it — perhaps even risking recession to do so.

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Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years

Momo Productions | Digitalvision | Getty ImagesThe number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and the bargaining

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Stock futures are slightly lower ahead of key jobs report

A trader walks on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022.Michael Nagle | Bloomberg | Getty ImagesStock futures slipped in overnight trading following a rally on Wall Street as investors await a key jobs report Friday.Futures tied to

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