Careers & Workplace

Is the Minimum Wage Hike a Good Idea?

On July 24, the minimum wage will increase from $6.55 to $7.25 an hour. Every worker deserves a living wage, but the timing of the pay hike is less than ideal. The national jobless rate is nearly 10 percent, and among American teenagers—who are likely to work many of those minimum-wage jobs seeing a pay increase—the unemployment rate …

Deep Impact: 10 Ways the Recession Is Hitting Home in Lots of Homes

Divorced couples are living under the same roof because it’s too expensive to really split up right now. There are either more people around the house (because they’re out of work) or fewer people around the house (because they’re working second and third jobs to pay bills and get health coverage). More people are doing their own chores …

Who is Screwed the Worst?

Very few workers feel safe nowadays. If they haven’t been laid off, they know they could be let go at any moment. Or perhaps they’ll have to accept mandatory furloughs, or their benefits will be slashed. Health benefits, vacation time, even free beer allotments (no joke) are being taken away. Retirements are being postponed. Recent grads …

The Recession Will End in September

Then again, maybe it won’t, especially not if another major financial institution collapses. And if the economy does rebound, the recovery will be mild. USA Today sums up the clear-as-mud results of its economic outlook index, which factor in things like the stock market’s current bull market status. Another predictor says that home …

It’s Time to Consider Plan B, Whether You Want to or Not

Lately, plenty of writers seem to be trying careers on for size that don’t involve them sitting in front of a computer, and it’s not because they want to be the next George Plimpton. Everyone knows that their pink slip could be next (people in publishing especially). So, if you’re out of work, or on the brink of being out of work—and …

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