layoffs
We know one thing is true: wages aren’t keeping up with the prices that consumers are paying for basic necessities – from groceries to housing and more. The US Consumer Price Index YoY is at 6.45%, compared to the long-term average of 3.27%! Employees are in a difficult spot at the moment with rising inflation and the concern of layoffs but with prices spiking, if you didn’t receive a significant pay raise this year, you’re actually losing money. Q4 2022 hedge fund letters, conferences and more How To Negotiate A Pay RaiseDiscussing inflation and worker pay is unavoidable at this point but a l...
ValueWalk
Nearly twice as many small business employers (15%) are laying off staffers in Dec. compared to Nov., when the figure was only 8%.An average of 74% of small business employers have instituted hiring freezes until at least Q2 2023, up 12 percentage points from Nov. They’re saying they can’t afford to hire full-time, permanent staffers now given inflation, reduced revenues, high labor costs, and fears of a recession.Q3 2022 hedge fund letters, conferences and more Surges In Layoffs And Hiring FreezesThe report is based on the sentiments of 6,908 randomly selected small business owners polled fro...
ValueWalk
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