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Worker Confidence Defies Slowing Wage Growth Trends

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A new report of U.S. workers remain confident in their ability to negotiate higher pay. The report suggests that while the labor market is showing signs of cooling, which aligns with the Federal Reserve’s efforts to slow the economy through interest rate hikes, there is still an underlying strength in the labor market.

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U.S. Labor Cost Growth Slows, Consumer Confidence Dips in Latest Quarter

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On Wednesday, the Fed is forecasted to raise its policy rate by 25 basis points, further restraining the speed of its rate hikes. “The Fed’s rate hikes in 2022 were successful at cooling an overheated economy,” said Bill Adams, chief economist at Comerica Bank. gain in the July to September period. .” The post U.S.

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Mastering GenAI: how to bridge skills gaps and boosting employee confidence

Workplace Insight

In Udemy’s recent Global Learning & Skills Trends Report, we found that there are three key learning and skills trends for 2024. A new path A crucial first step for leaders to close the GenAI skills gap and inspire confidence is to become familiar with the technology themselves. It is not enough simply to read about GenAI.

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Optimism About Tech Jobs Continues To Fall

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What’s going on: A new report published by LinkedIn reveals that U.S. job confidence in the tech industry fell by 8 points when comparing data from January to May of 2023. job confidence went down 4 points, from +55 to +51 points. 31, 2022, to June 2, 2023. 37,926 professionals in the U.S. were surveyed from Dec.

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Cybersecurity, Hybrid Workforce Management Among Top 2024 Business Challenges

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The 2024 Business Outlook Survey Report indicates that only 54% of business owners believe U.S. business conditions will improve — marking a decline in confidence from 58% in 2022, and from 70% in 2021. However, 77% acknowledge its benefits in attracting and retaining talent in the past year.

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Workplace Stress Is Crushing Young Employees

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Gen-Z appears to be the most stressed cohort of workers; a recent BBC report revealed that a staggering 91% of 18-24-year-olds are stressed (compared to 84% of employees overall). Now, a more recent BBC report highlights the issue again, and focuses specifically on why Gen-Z, more than any other generation, is so prone to workplace stress.

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Flexible working is the new “work-life currency”, claims new report

Workplace Insight

A new report, Future of Work Life , from Ericsson Consumer & IndustryLab explores the ways in which employees and employers navigate the current work environment and their views on the future of work shaped by the pandemic, digitalisation and the fluctuating labour market. Digital technologies renew employee confidence.

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