Shrinking Salaries If you were hoping for a big pay bump next year, you might not be in luck. Employers are planning to increase salaries on average by a smaller amount next year than they did in 2023. Major job boards. such as ZipRecruiter (ZIP), and Indeed, foresee a slowdown in wage growth for posted…Read more
Market Woes Investors have been facing a unique market environment, with both stocks and bonds underperforming, mainly thanks to spiking interest rates. The Federal Reserve hikes rates in an effort to stem America’s rampant inflation. Now that rates are at their highest level in two decades, they’re expected to stay up there for longer. For…Read more
More jobs, more problems? Nah. The U.S. economy has defied many a forecast in the post-pandemic era. Job growth, for example, was meant to moderate but the September employment report blew right past expectations. Are we going to get a repeat of that this week? It’s jobs week, which means we’ll get the ADP Employment…Read more
