In a report released by the National Bureau of Economic Research (NBER), it was seen that the GDP level had reduced a second time, which is the usual indicator of a recession. However, despite the data showing a reduction in consumer spending, the NBER has announced they believe the economy is not in a recession.
by Matin VarshochiSince the beginning of the pandemic, the cost of living has continued to rise due to the surging inflation rates. When the Bureau of Labor Statistics calculated the most recent inflation rate using the Consumer Price Index, it was determined that it was at its highest level in 40 years.
by Matin VarshochiWorkforce payments platform Branch recently conducted a survey asking hourly workers in the United States about their financial situation. The purpose of this survey was to determine how well off these hourly workers are in the midst of the current economic climate, and the results were startling.
by Matin VarshochiThe USD and Euro are nearing parity, meaning that their bank notes could be used internationally without a change in purchasing power.
by Matin VarshochiWhen the COVID-19 pandemic began back in 2020, there were times of uncertainty. One of the main concerns people had was job security. However, many people decided it was time for them to try and explore different opportunities. As millions of people the need to find another job, this led to the Great Resignation.
by Matin VarshochiEvolution is key for a business to remain competitive at the highest level for a long time. As a result, companies are always looking for the hottest trends to help increase their market share, and one of the main topics companies are discussing is the metaverse.
by Matin VarshochiFor many years, Black Americans have been at a disadvantage when it comes to homeownership and acquiring wealth.
by Sha'Kreshia TerrellWhen the COVID-19 pandemic initially hit, the majority of employees at some companies began working remotely until they were cleared to return to the office. The integration of work flexibility allowed employees to continue working and earning money while being in the comfort of their homes.
by Matin VarshochiThe key to success in any line of work is consistent productivity. A company’s goal must be to ensure the efficiency of their employees does not decline drastically to the point where they are negatively impacted.
by Matin VarshochiTeachers are slowly having more added to their plate and less given in return. If we want to stop teachers from burning out and leaving the classroom, we have to help. Here's how.
by Shaun MorganNot everyone wishes to attend a four-year university or pursue a bachelor's degree or higher; thus, they turn to jobs that do not have a post-secondary degree as a job requirement.
by Sheena Allen