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Brighter Economic Outlook Masks Looming Job Market Challenges

Allwork

This slowdown in job creation is likely to result in an increase in the unemployment rate, projected to rise from 3.7% by the end of the year, according to the WSJ report. The data coincides with economic figures published by the United Nation that predicts two million additional people will join the job hunt over the next year.

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Two in five people are working extra hours as cost-of-living crisis bites

Workplace Insight

A new poll suggests that the continuing cost-of-living crisis is now affecting a greater proportion of employees, with more people working extra hours, more struggling to buy food or pay their bills, and fewer being able to afford to take sick days, compared to mid-2022.

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Companies Are Bracing For A Recession By Sacrificing Employee Satisfaction

Allwork

Of the 29,000 workers surveyed, two key factors seem to be impacting worker preferences: burnout and purpose. . Support and the desire to do meaningful work is a top priority for many, and in 2023, workers will focus their job hunts on companies that can offer both. . “[As] However, an incoming recession may stave off relief.

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Is Technology Meeting The Needs Of Today’s Workers?

Allwork

A Paycom survey shows that nearly 80% of employees get frustrated with outdated technology at work. . The survey results show employees are more frustrated with workplace technology and processes than leaders realize: . They look for digitally savvy companies when job hunting or choosing to grow in their current workplace. .

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Why You Should Start Your Own Business Today

Success

Now, he was out of a job. Having spent his entire adult life in corporate positions, he knew he could go job hunting. In a 2021 Digital.com survey , 41% of participants said they planned to quit their jobs to “find a job they are more passionate about,” and 32% planned to quit in order to “start their own business.”

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Is Earned Wage Access A Wolf In Sheep’s Clothing?

Allwork

This has led countless people to switch jobs hunting for higher pay, continuing the Great Resignation, and leaving companies to struggle to fill roles. While inflation has now stabilized enough that the Fed has taken a pause on raising interest rates , it’s still a pressing issue for the many families struggling to pay their bills.

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"Don't be messy. Be on time."

On The Job

But some enterprising teens got together and decided they wanted to set up their own job site, and have done so at myfirstpaycheck.com. While pretty limited in scope, it is interesting to read some comments from job-hunting teens and the lessons learned. She did impart these words of wisdom: "Don't dress messy.