+44(0) 1234 567 890 info@domainname.com

Tuesday 9 January 2024

The Daily Money: The economy may be slowing, but job postings are ramping up

06:13

Share it Please
If your New Year's resolution is finding the job of your dreams, or at least a better job, don't let the slowdown in the labor market deter you.

Advertisement

Read in browser
 

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Tue Jan 9 2024

 

Daniel de Visé Personal Finance Reporter

Good morning! It's Daniel de Visé with your Daily Money.

Today's edition is all about jobs.

If your New Year's resolution is finding the job of your dreams, or at least a better job, don't let the slowdown in the labor market deter you, Medora Lee writes. There are still plenty of job openings, especially if you start looking now, experts say. 

Even though job postings kicked off the year down 15% from a year ago, they're still up  more than 20% from the end of 2021 and about 25% higher than in February 2020, said Nick Bunker, economist at labor market researcher Indeed Hiring Lab. What's more, new job openings typically start flooding the market from the second week of January through February. 

"There's still a healthy amount of job postings out there," Bunker said. "So, yes, it's still a good time to find a job." 

Syndication The Courier Journal

Many employees of Verisys/Aperture have opted to remain working remotely from their Louisville office due to COVID-19. Sept 14, 2021.

Matt Stone/Courier Journal / USA TODAY NETWORK

It's getting harder to find a high-salaried remote job

While experts say work-from-home is here to stay, research shows that there has been a dip in remote and hybrid job postings since pandemic-era highs.  Data from job search site Indeed, published last month, shows that the share of job postings advertising remote or hybrid work options fell from a peak of 10.3% in February 2022 to 8.3% as of November.

This dip is especially prevalent among high-paying jobs, according to a new report  from career site Ladders. It found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter, while six-figure remote jobs slipped 12%. The findings are based on an analysis of nearly a half-million job postings on the site between October and December. (The company did not have the data available for a year-over-year comparison.)

"It appears that companies that were previously offering hybrid roles are now increasingly posting in-office positions, especially for jobs paying over $200,000," said John Mullinix, director of growth marketing at Ladders, in an emailed statement. 

📰 More stories you shouldn't miss 📰

How early can I file my taxes? Here's when the 2024 tax season opens.

🍔 Today's Menu 🍔

If you are terminally addicted to Kickin' Ranch sauce at Jimmy John's, your moment has come.

The fan favorite is leaving stores this month. But for a limited time, die-hard sauce lovers will be able to purchase a bottle of it for a penny.

Starting Jan. 9, Jimmy John's is giving a lucky few customers the chance to take home a 32-ounce bottle of Kickin' Ranch, packaged in a special commemorative container, the company shared in a press release.

Only 100 bottles of the ranch will be available for 24 hours. Once they're gone, Jimmy John's says, they're gone for good. Fans of the iconic flavoring will have to kick the habit.

About The Daily Money

Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.

Cynthia Davis, 52, worked at her desk at her home office on Nov. 16, 2023. Davis works several jobs to keep up with the rising living costs in California, including working as a social worker for Riverside County and as a baker for her own business,

If your new year's resolution is finding a job, you're in luck. Postings are ramping up now. Here's why, what to expect and how to boost your odds.

Advertisement

The IRS will up the income thresholds for each tax bracket starting in 2024.
 

Budget deal could mean fewer IRS audits of wealthy tax cheats

A congressional budget deal could deflate an IRS effort to pursue wealthy tax cheats.

Website for the Free Application for Federal Student Aid
 

Soft launch is over. FAFSA's now open 24/7, Dept. of Education says

The new and simplified FAFSA is now available 24/7, potentially easing student worries about delays in applying for aid.

A person holding an assortment of folded cash bills by their fingertips.
 

CD heaven: Certificate of deposit interest rates are highest in years

For the kitchen-table investor with a little money to spare, now might be an ideal time to consider investing in a certificate of deposit.

State employees have grown accustomed to working remotely since August but a memo sent out by staff Tuesday will send those workers back to the office in January despite rising COVID-19 concerns.
 

It's getting harder to find remote work with a six-figure salary

A new report from career site Ladders found six-figure hybrid job postings dropped 69% at the end of 2023 from the previous quarter.

Kickin' Ranch is leaving Jimmy John's at the end of January 2024.
 

Jimmy John's discontinues Kickin' Ranch, offers bottles for 1 cent

Only 100 bottles of Kickin' Ranch will be available on Jimmy John's website for 24 hours. The sauce will be replaced with Jalapeño Ranch Jan. 22.

A check from the U.S. Treasury on top of a tax form 1040.
 

What is the first day you can file your taxes? Here's everything to know.

On January 29, the IRS will begin accepting and processing tax returns. If you're due a refund, don't hesitate. Prepare now to get your money faster.

A Wall Street street sign.
 

The top 3 Dow Jones stocks to own in 2024, according to Wall Street

The Dow was a laggard in 2023, but these three stocks are expected to outperform this year.

This photo released by the National Transportation Safety Board shows a gaping hole where the paneled-over door had been at the fuselage plug area of Alaska Airlines Flight 1282 on Sunday, Jan. 7, 2024, in Portland, Ore. A panel used to plug an area reserved for an exit door on the Boeing 737 Max 9 jetliner blew out Jan. 5, shortly after the flight took off from Portland, forcing the plane to return to Portland International Airport.   (National Transportation Safety Board via AP)
 

Alaska Airlines accident: What we know now about the Boeing 737 MAX

Investigators are working to learn more about what caused a door plug to separate from an Alaska Airlines Boeing 737 MAX during a flight Friday night.

You can apply to be one of 12 Hotdoggers who drive the Oscar Mayer Wienermobile across the U.S.
 

Want to drive the Wienermobile? Applications open for 'rare and coveted' job

Oscar Mayer is looking for 12 drivers for its 2024 class of Wienermobile 'Hotdoggers,' brand ambassadors who drive the vehicle across the U.S.

Advertisement

 

Sign up for the news you want

Exclusive newsletters are part of your subscription, don't miss out! We're always working to add benefits for subscribers like you.

SEE ALL NEWSLETTERS 

Newsletters   |    eNewspaper   |   Crosswords

Follow Us

Problem viewing email? View in browser

0 comments:

Post a Comment