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Economist Survey Shows Probability Of Recession Is Approaching 50%

Allwork

Economists are increasingly confident about the likelihood of a recession in the next 12 months according to a new Bloomberg survey. . The monthly survey conducted over the past week shows that the probability of an economic downturn rose to 47.5% seen in last month’s survey. . from the 30% odds seen in June. .

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Remote Work Has Led To A 15.1% Increase In Housing Prices

Allwork

But one often overlooked impact of this work arrangement has been the rise in housing prices across the US. . growth in housing prices between 2019 and November 2021 according to a new paper released by the National Bureau of Economic Research (NBER). . Increase In Housing Prices appeared first on Allwork.Space.

2019 277
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Why The Fed Is Worried About Growing Wage Expectations

Allwork

Additionally, the New York Fed’s Microeconomic SCE Labor Market Survey revealed that the average annual salary expectation grew from $60,310 in July to $61,187 last month — an unsurprising trend given the nature of today’s economic standing and predictions about a future recession. .

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Will Inflation Impact Pay Raises?

Allwork

Inflation is the highest it’s been since 1981 , and the prices of everyday items have increased considerably. In many cases, workers will be unable to purchase basic necessities without an increase in wages. . According to a survey of 5000 U.S. To cover these costs increases the prices of goods and services. .

Salary 264
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Digital nomads are starting to price out local communities around the world

Workplace Insight

The same survey also suggests that up to 72 million “armchair nomads”, again, only in the US, are considering becoming nomadic. Through interviews and ethnographic fieldwork, I have found that the rise of professional short-term-let landlords, in particular, is helping to price local people out of their homes. To many, it is unethical.

2019 98
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Building A 24/7 Workspace — How To Make Money Beyond The 9 To 5

Allwork

When pricing your subscription products, account for underutilization to create compelling bundled rates. Jane referenced a study conducted by Landmark stating that 51% of those surveyed remained tied to their traditional working day. Be thoughtful about discounting strategies; instead focus on right price, right time.

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Workers Want Wage Increases Because of Inflation

Allwork

Inflation and the increased price of everyday goods and services is becoming worrying, but it is unclear how long it will last. . Inflation – the highest it has been for forty years – is such that prices for goods and services are 7.9% Last year, the average worker’s wages went u p by 4.5%. higher than last year. .

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