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Wage Growth Continues to Disappoint

Wage Growth Continues to Disappoint

We’ve seen years of healthy job growth in the U.S., with unemployment falling below 6% in the fall of 2014 and to 5% in the fall of 2015 (it’s now at 4.3%). Yet, wage growth continues to disappoint. According to the latest release from the Labor Department, real...
Resign, and Regret

Resign, and Regret

Have you ever quit a job, then regretted it later? It turns out that many people have. In a recent survey from staffing firm Accountemps, 23 percent of workers polled said they have regrets about leaving their former job. Biggest regrets include leaving friends and...
To Save or to Spend?

To Save or to Spend?

The company, in its 2017 Planning & Progress Study, found that nearly two thirds of Millennials (64%) recognize that they need a financial plan that anticipates up and down cycles compared to 55% Gen X and 43% Boomers. Nearly 1 in 4 (23%) view themselves as...
Fighting Over Money

Fighting Over Money

Couples have been fighting over money for as long as there has been money. And there’s no end in sight. According to a recent posting from Bankrate blogger TheCashlorette.com, nearly half of Americans (48%) who are married or living with a partner admit to arguing...
Just What We Need: A Strong Jobs Report

Just What We Need: A Strong Jobs Report

The government’s July jobs report shows an economy that has really picked up steam. According to the U.S. Bureau of Labor Statistics, total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was down to 4.3 percent. This is especially...
Homebuyers Get a Helping Hand

Homebuyers Get a Helping Hand

A key committee of the Federal Reserve met last week, and decided to leave its benchmark interest rate unchanged. Homebuyers saw a slight drop in mortgage rates. According to Bankrate.com’s weekly national survey, the benchmark 30-year fixed mortgage rate...
New Car Sales Are Falling

New Car Sales Are Falling

New car sales are dropping following years of record-setting growth. Car buyers can only benefit. According to a new report from Kelley Blue Book, new-vehicle sales are expected to fall nearly 6 percent year-over-year to a total of 1.43 million units in June 2017....
The Cost of Labor (You, in Other Words)

The Cost of Labor (You, in Other Words)

Employers are shelling out more for pay and benefits, as labor markets tighten and wages rise. According to the government’s Bureau of Labor Statistics, compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending...
Mortgage Rates Keep Dropping

Mortgage Rates Keep Dropping

Mortgage rates are dropping, for reasons that we should not exactly be thrilled about. More on that in a minute. According to Bankrate.com’s weekly national survey, mortgage rates were down slightly for the second week in a row last week, with the benchmark...
The Glory of Air Conditioning

The Glory of Air Conditioning

Is there anything more wonderful that air conditioning? It literally changed the way we live and work. On really hot days this modern miracle can save hundreds of lives in just one city, by lessening incidences of heat stroke. For this relief, we can thank Willis...