American Workers

American Workers
Retirement
Retirement Crisis
Retirement Fears
Retirement Mistakes

A $5 Trillion ‘Wealth Shock’ Is Cracking Americans’ Nest Eggs

(Bloomberg) — The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer. Americans’ collective net worth had been climbing at a dizzying rate for the past two years, even as families and businesses contended with the ravages of Covid-19. Households piled up an extra $38.5 trillion from early 2020 […]

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American Workers
Apple
Apple Stock
Wages

Apple Pays Another Round of Rare $200,000 Bonuses to Some Staff

(Bloomberg) — Apple Inc. is paying a small number of engineers another round of special stock bonuses as part of an unusual push to retain key talent, according to people with knowledge of the matter. The iPhone maker doled out the bonuses in recent days to a select group of employees in its software and […]

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American Workers
Job Market
Worker Exodus

IBM Emails Show Millennial Workers Favored Over ‘Dinobabies’

(Bloomberg) — IBM executives discussed in emails how to force out older workers and derided them as “Dinobabies” who should be made an “Extinct species,” according to a court filing in an age discrimination case against the company. The communications show “highly incriminating animus” against older employees by officials who at the time were in […]

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American Workers
Great Resignation
Worker Exodus
Working From Home

The Great Resignation is coming to decimate the ranks of middle management. The C-Suite should be worried

It’s hard to overstate the impact a proactive, insightful manager can have on a business — and its employees. At a time of unprecedented turnover, feeling connected to, respected by, and engaged with one’s manager is vital. Not to mention, recent research from analytics company Visier shows that highly effective managers drive 48% greater profits […]

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American Workers
Income Raise
Labor Shortage
Worker Exodus

Which American Workers Have Gotten the Biggest Raises?

Workers in restaurants, bars, hotels, or what is also called the “accommodation and food services” sector, saw the sharpest rise in average weekly wages in the April to June quarter of 2021, compared to any other sector of the U.S. economy. Those numbers, however, might be a tad misleading as they’re a year-over-year comparison and many of […]

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American Workers
Inflation

Why this ‘perfect storm’ for inflation will push Americans back to work and cool speculative markets

Investors now are experiencing a perfect storm of inflation in the U.S. Perfect storms are generated from seemingly small factors. Each on its own may not be particularly significant, but the combined result is an event that significantly exceeds the sum of the parts. Inflation is always caused by too much money chasing too few […]

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