Those With Jobs See Average Pay Go Up; If You're Out Of Work, You're In Trouble
As if to add insult to injury for those unemployed, the New York Times reports that wage growth has picked up again in the past few months, even as unemployment continues to rise. Too, churn, or turnover, has slowed, making the number of people out of work long-term the highest it’s been in six decades.
But on the flip side, if you still have a job, you’re likely to keep it.
David Leonhardt writes:
Try thinking of it this way: All of the unemployed people in the country are gathered in a huge gymnasium that’s been turned into a job search center.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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