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U.S. Workers Demand Higher Wages Amid Inflation and Labor Market Strains

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percent in March 2024. percent.” The data provided by the New York Fed serves as a critical indicator of the economic pressures facing both employees and employers, and it suggests workers are increasingly motivated to negotiate for higher wages. The average expected likelihood of working beyond age 67 also declined, to 31.2

2024 270
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Job Seekers Losing Leverage, Pay, Flexibility As Job Market Flips

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It’s reported that many employers lack formal pay structures and 40% actively discourage salary discussions among employees. However, employees are also encountering major difficulties in negotiating competitive salaries and flexible work conditions.

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Lamborghini Drives Change In Europe With Move To Four-Day Work Week

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In fact, Lamborghini’s plan includes adding 500 new positions, raising yearly salaries, and other worker benefits — representing a thorough revamp of the company’s current employment structure. Lamborghini and other companies adopting a four-day work week could be the start of other influential companies adopting new schedules in 2024.

2024 147
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6 Simple Steps To Help You Write The Best Cover Letters Using AI

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workers actively job searching within the past year have used ChatGPT — with those utilizing the tool more likely to say (85%) that they have negotiated higher salaries compared to those that didn’t use the tool (52%). A recent survey published by Resume Builder included 1,000 respondents who were actively job hunting in the past year.