Sliding Job Progress
To view this email as a web page, click here.
What's Happening Today Good morning! It's Kristin with your daily morning digest.
Jobless claims (people filing for unemployment for the first time) have jumped to a three-month high as the omicron variant of COVID-19 continues to spread in the U.S. The number was higher than expected and is a worrying sign that we might be losing some of the progress made over the holiday season.
To fight the pandemic, the White House is distributing millions of free coronavirus tests and masks to Americans, while several states are reinstating emergency orders. In Washington, D.C., Mayor Muriel Bowser implemented a vaccine requirement to enter indoor establishments.
The good news for those currently employed is that wage growth is on the rise, jumping 2.6% from last year for full-time and salaried workers. As the number of job openings continue to outpace the number of workers, companies have had to pay up to find new employees—though those wage gains have yet to keep up with rising costs of consumer goods and services.
- Kristin Editors' Picks Jobless Claims Hit 3-Month High, Home Sales Decline (The Balance) Mastercard, Coinbase Aim to Bring NFTs to the Masses (The Balance) Off the Charts While Americans are quitting their jobs at the fastest pace since the government began keeping track in 2000, much of the increase is being driven by workers in a select few industries, including the restaurant and hotel sector. Number of the Day $25,000 - That's how much buying power prospective homebuyers lost last year alone because of rising mortgage rates, according to a new analysis.
SPONSORED BY DISCOVER PERSONAL LOANS The start of a new year is a great time to strengthen good money habits. These tips can help you reduce debt and take charge of your finances. LEARN MORE >
More From The Balance Buying a home is a big decision, so you want to be sure you know what you're getting into. Asking the right questions can help you avoid surprises or buyer's remorse. If you have employer-sponsored health care, you need to be aware of when your insurance expires. Learn how to handle health insurance after leaving a job. Before you invest in mutual funds, consider the average annual returns. Compare your potential return on investment in mutual funds to stocks, bonds, and other securities.
How can we improve The Balance Today newsletter? Tell us at newsletters@thebalance.com.
Email sent to: spiritofpray.satu@blogger.com
|
0 Response to "Sliding Job Progress"
Post a Comment