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☆ How a stay-at-home dad turned his passion for pickleball into 'a game changer' side hustle
▼ + stars: | 2024-04-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

But outside these and other tasks, Echavidre, 45, spends time playing pickleball in California. Other stay-at-home parents could find it helpful to pick up work on the side. Echavidre recommends other stay-at-home parents try to earn money through something they are passionate about if they have time. If you are looking to pick up side work, Echavidre said to look out for what's in demand. He said he especially finds older and retired people are playing pickleball.

Persons: —, Antoine Echavidre's, pickleball, Echavidre, Ted Rossman, Rossman, he's Organizations: Service, Sports & Fitness Industry Association, Business, Social, Fitness Locations: California, TeachMe.To, Japan, France

A growing group of America's young people are not in school, not working, or not looking for work. They're called "disconnected youth" or "opportunity youth," and their ranks have been growing for nearly three decades. Experts say it's not just work and school; this group is often also disconnected from a sense of purpose. Palmer added that those with limited access to transportation, people with disabilities, and young parents were also more susceptible. Disconnected young people don't have that luxury."

Persons: —, Destiny, She's, she's, They're, Kristen Lewis, Lewis, hadn't, there's, Sen, Tim Kaine, who's, Joseph, he's, hasn't, he'd, Ashley Palmer, Palmer, Sarah Nunley, Nunley, Veronica, There's, Lucchesi, they're Organizations: Service, Business, Federal Reserve Bank of Dallas, Social Science Research Council, Survey, University of Minnesota's, National Center for Education Statistics, Walmart, Texas Christian University, Ivy League Locations: Florida, Alabama, Indiana, Silicon Valley, YOLO, Texas

☆ The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money
▼ + stars: | 2024-04-26 | by ( Juliana Kaplan | Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Americans say they don't have enough money for retirement, with a solid chunk having no savings at all. At the same time, the economy is about to see the "peak boomer" generation retire and deplete their savings. Tourangeau is part of a generation of older Americans who don't feel confident in their financial situation. Any of those who leave the workforce to retire may need to rely on any retirement savings they have built. AdvertisementAre you a peak boomer or older American worried you won't have enough money for retirement?

Persons: —, Pam Tourangeau, let's, it's, Indira Venkateswaran, Venkateswaran, Nancy LeaMond, LeaMond Organizations: Service, Congressional Research Service, AARP, Research, Savings, Americans, Federal Reserve, University of Michigan Health, Alliance, Lifetime, Security, Social Security Locations: America

☆ We have more insights as to where the economy is headed — and it's not good
▼ + stars: | 2024-04-26 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at how the latest GDP data has shifted the expectations of where the economy is headed. Now, the economy will need some type of event (see: bubble popping) for rate cuts to become an option anytime soon, Miskin said. Energy price shocks could bring the world economy to a "vulnerable moment," chief economist Indermit Gill warned.

Persons: —, TikTok, they're, you'd, Jia Feng, It'll, Insider's Madison Hoff, It's, Jerome Powell, Anna Moneymaker, BI's Filip De Mott, Jamie Dimon, Matt Miskin, Miskin, Mark Zuckerberg, C, Cox, Jenny Chang, Rodriguez, Goldman Sachs, Guess what's, Indermit Gill, Alphabet's, Redmond, Tyler Le, Doug McMillon, execs, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover Organizations: Business, Service, Reserve, stagflation, JPMorgan, Wall Street, John Hancock Investment Management, Galatioto Sports Partners, Bank, Google, Big Tech, Microsoft, Health, Linkedin, YouTube, ExxonMobil Locations: Chevron, New York, London

☆ The US economy started the year much slower than expected
▼ + stars: | 2024-04-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

US real GDP rose at an annualized rate of 1.6% in the first quarter. While a slowdown was expected for the first quarter, the forecast was 2.5%. AdvertisementAmid US job growth above forecasts and accelerating inflation, the US economy in the first quarter of this year slowed more than expected. A news release from the Bureau of Economic Analysis out Thursday showed US real gross domestic product rose at an annualized rate of 1.6%. "Looking ahead, we see the economy gently cooling as slower labor demand, easing wage growth, stubborn inflation, and tight credit conditions constrain private sector activity," Daco said.

Persons: —, Gregory Daco, EY, Daco Organizations: Service Locations: That's

☆ The top 20 fast-growing, high-paying jobs in the US
▼ + stars: | 2024-04-23 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

BI looked at employment projections and median annual wages to create a ranking of similar jobs. 5 on this list of high-paying and fast-growing jobs. AdvertisementSpoiler alert: Software developers tops Business Insider's list of the top 20 high-paying and fast-growing jobs in the US. To get the top 20 job titles, Business Insider looked at jobs projected to see employment increase between 2022 and 2032 and had median annual wages greater than the median annual wage for all jobs in the US, which was $48,060. AdvertisementWe only looked at jobs with specific annual wage estimates.

Persons: — Organizations: Service, Bureau of Labor Statistics

☆ A freelancer who used Fiverr to leave a bad office job explains how she knew it was time and the pros and cons of the lifestyle
▼ + stars: | 2024-04-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Rose Almond is a fully self-employed freelance engineer after resigning from her office job in 2015. She has also done freelance work through Upwork. Her total revenue from her self-employed work in 2023 was around 65,400 Canadian dollars, or over $47,500. Almond has found that "the lack of face-to-face interaction" that comes with freelance work can sometimes get lonely. Freelance work has now given Almond a chance to explore another work goal.

Persons: Rose Almond, Almond, —, they've Organizations: Service, Fiverr, Business, Almond Locations: Canada, Upwork, Fiverr

☆ The top 15 companies for career growth if you work in the US, according to LinkedIn
▼ + stars: | 2024-04-17 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

Read previewLinkedIn released its annual US list of the best big employers for career growth this week, and JPMorgan Chase & Co. ranked No. A few kinds of employers emerge among LinkedIn's top 15 large companies for US career growth including financial-services giants like JPMorgan and Wells Fargo, telecom companies AT&T and Verizon, and the Big Four accounting firms Deloitte and PwC. This story is available exclusively to Business Insider subscribers. "This year's honorees are proving that investment in the employee experience is vital in today's workplaces," the report said. "Our methodology uses LinkedIn data to rank companies based on eight pillars that have been shown to lead to career progression," the report said.

Persons: —, Wells, it's, Nick Bunker Organizations: Service, JPMorgan Chase &, JPMorgan, AT, Verizon, Big, Deloitte, PwC, Business, North America Locations: Wells Fargo

☆ The top 14 cities in the US people are fleeing
▼ + stars: | 2024-04-15 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

1 for its negative net domestic migration rate per 1,000 people. Business Insider looked at negative net domestic migration estimates for US metropolitan statistical areas for the period of July 1, 2022, to June 30, 2023. Negative net domestic migration means they had more people fleeing these metropolitan statistical areas for another US location than people in the US moving in. Six of the 14 metros that had the biggest negative net domestic migration rates per 1,000 people were California metros. Below are the top cities people are fleeing based on net domestic migration rates per 1,000 people.

Persons: — Organizations: New Orleans, Service, Golden State, Business, metros, Fremont — Locations: California, Golden, New York City, Los Angeles, Long, Anaheim , California, Chicago, Naperville, Elgin , Illinois, Indiana, San Jose, Sunnyvale, Santa Clara, San Francisco, Oakland, Anaheim, Orleans, Metairie , Louisiana

☆ Moving Away From a Big City Can Seriously Damage Your Career
▼ + stars: | 2024-04-15 | by ( Aki Ito | ) www.businessinsider.com time to read: +8 min

Moving away from a major city, Moretti found, can be terrible for your career. The market for WFH jobs has cratered, putting everyone who moved away from big cities at risk. Those who moved away from big cities effectively gave up their career insurance. In a big city, you also run into people who work for other companies in your industry — on the bus, at the bar, in line at the deli. "The benefits of being a big city," Moretti tells me, "have been underappreciated" during the pandemic.

Persons: I've, —, We've, Enrico Moretti, Moretti, Des Moines, they'll, they're overqualified, That's, Madison Hoff, Aki Ito Organizations: Franciscan, Census, University of California, Business Locations: New York, Los Angeles, San Francisco, Seattle, America's, Berkeley, Paris, Des, Iowa, California, Sacramento, Bay

☆ What the new Goldilocks job market means for you
▼ + stars: | 2024-04-13 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Business Insider looked at how components of the labor market have settled down, like wage growth. And that more boring but steady labor market could be great news for workers and job seekers. The US could be in a Goldilocks job market. Job switchers are seeing higher wage growth than people staying, according to the 12-month moving average of median wage growth from the Atlanta Fed's Wage Growth Tracker. So what will happen to the Goldilocks job market?

Persons: Nick Bunker, Bunker, —, That's, Julia Pollak, ZipRecruiter's, " Pollak, Pollak, Job, Julie Su, switchers, Eugenio Alemán, Raymond James, Juliana Kaplan Organizations: Service, North America, BLS Locations: Atlanta

☆ Inflation came in hotter than expected in March
▼ + stars: | 2024-04-10 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

March's year-over-year increase was forecasted to be a higher rate than February's rate. The forecast for March's year-over-year increase in the CPI was 3.4%, a higher rate than the 3.2% increase or the 3.1% increase in February or January respectively. The rate came in above the forecast and was higher than February's year-over-year change. CPI increased 0.4% in March from the preceding month — same as the 0.4% surge in February. AdvertisementAverage hourly earnings increased 4.1% year over year to $34.69 an hour in March, which fell short of the 4.3% year-over-year increase in February.

Persons: —, That's, Julia Pollak, Pollak Organizations: Consumer, Service, Bureau of Labor Statistics, Business Locations: March's, That's

☆ A millennial shared how her family is pursuing their American dream after moving from Scotland to Florida. She's enjoying the beaches and weather but finds Florida can be expensive.
▼ + stars: | 2024-04-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +11 min

Now her family is living their American dream in South Florida. Peacock's family is just one example of people pursuing the American dream, which can mean different things to different people, like achieving homeownership. Some Gen Zers see the American dream has changed from how older peers may have seen it. For us, the American dream is also the weather and the beach lifestyle, and we have that." "We're legally entitled to do the last stage from within the country, but it's a very complicated and lengthy process," Peacock said.

Persons: Amber Peacock, Peacock, we'd, didn't, Zers, She's, We've, we've, America Peacock, they're, We're, Brit Peacock, Aunty Bubs, they've, It's Organizations: Service, Business, Sunshine State, YouTube Locations: England, Scotland, South Florida, America, New York, Florida, Edinburgh, Lincolnshire, Memphis , Tennessee, Tennessee, Memphis, Nashville, Nashville , Tennessee, Texas, Chicago, West, East

☆ Here's how much engineering students make in the middle of their careers
▼ + stars: | 2024-04-04 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +1 min

Mid-career median wages of bachelor's degree graduates who majored in engineering are robust. The median mid-career wage for four types of engineering majors was $100,000. Five types of engineering majors had a median wage above $100,000, including electrical and chemical. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Mid-career wages in this analysis means full-time workers between the ages of 35 and 45.

Persons: — Organizations: Service, New, Survey, Business Locations: New York

☆ The 12 top cities in the US where everyone is moving
▼ + stars: | 2024-04-03 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

Eight Florida cities made the top 12 positive net domestic migration rates among metros. The Dallas metro area had the greatest total positive net domestic migration. The latest net domestic migration values from the Census Bureau were for the period of July 1, 2022, to June 30, 2023. Dallas-Fort Worth-Arlington, Texas, had the highest positive net domestic migration among metros, with a value of 60,457. Below are the US metros with the highest positive net domestic migration rates per 1,000.

Persons: — Organizations: Service, metros, Business, Fort Locations: Florida, Wildwood, Dallas, Fort Worth - Arlington , Texas, Houston, Pasadena, Woodlands, Texas, Tampa, St, Petersburg, Clearwater, Myrtle Beach, Conway, Myrtle Beach , South Carolina, Carolina

☆ 7 jobs that pay well and are still scrambling to hire
▼ + stars: | 2024-04-03 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +2 min

There were around 8.8 million job openings in the US in February. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Openings for jobs have dropped from a rate of 6.0% in February 2023 to a rate of 5.3% this past February. Tuesday's news release from the Bureau of Labor Statistics said February job openings "changed little at 8.8 million" since January. Across industries, here are the roles with a multitude of openings, or an urgent need to hire.

Persons: —, Nick Bunker Organizations: BI, Service, Bureau of Labor Statistics, Bloomberg, North America, Business

☆ 7 jobs that pay well and have a ton of hiring demand right now
▼ + stars: | 2024-04-03 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +2 min

There were about 8.8 million job openings in the US in February. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Openings for jobs have dropped from a rate of 6% in February 2023 to 5.3% this past February. Tuesday's news release from the Bureau of Labor Statistics said February job openings "changed little at 8.8 million" since January.

Persons: —, Nick Bunker Organizations: Business, Service, Bureau of Labor Statistics, Bloomberg, North America

☆ How a former news producer turned her passion for art into a full-time business painting Louis Vuitton bags and other luxury items
▼ + stars: | 2024-03-30 | by ( Madison Hoff | ) www.businessinsider.com time to read: +9 min

While artists typically use a sketchpad, a canvas, or a digital tablet for their creations, Sobel is mainly painting luxury items like Louis Vuitton bags. Courtesy of Michele SobelWhile she considered painting her "lifelong passion," she had a passion for journalism too. "Michele Sobel Fine Art specializes in hand painting luxury leather goods, and it's kind of a twofold business," Sobel said. I just was kind of doing because I was following my passion, doing something that I love." AdvertisementSobel is now able to focus on her dream of hand painting work and original art.

Persons: Michele Sobel, I've, She's, Sobel, Louis Vuitton, I'm, Michele Sobel Fine, she's, Michael Kors Organizations: Service, Business, BI, Michele Sobel Fine Art Locations: Jersey

☆ 14 college majors where the typical graduate is making at least $100,000 by the middle of their careers
▼ + stars: | 2024-03-28 | by ( Jacob Zinkula | Madison Hoff | ) www.businessinsider.com time to read: +1 min

The New York Fed analyzed the mid-career wages of college graduates with a bachelor's degree. Those graduates aged 35 to 45 with one of 14 majors had a median wage of at least $100,000 a year. Nine of those 14 college majors were related to engineering. AdvertisementWhen undergraduate college students choose their majors, there can be several factors that go into their decisions. A New York Fed analysis of 2022 American Community Survey data found that college graduates who majored in one of 14 areas of study had a median mid-career wage of at least $100,000 a year.

Persons: — Organizations: New, Fed, Service, Survey, Business Locations: New York

☆ The top places in the US where everyone is moving
▼ + stars: | 2024-03-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

A Census Bureau press release said 62% of counties had "positive net domestic migration in 2023." All counties in Maine saw positive net domestic migration; most counties in California didn't. AdvertisementIn addition to the many Texas counties that saw positive net domestic migration, all counties in Maine and Delaware saw positive net domestic migration over that year. Additionally, a high share of counties in Tennessee, South Carolina, and North Carolina experienced positive net domestic migration. Two New York counties made the top 10 negative net domestic migration rates among big counties.

Persons: Kaufman, — Organizations: Service, Lone Star State, Bureau, Census Bureau Locations: Kaufman County , Texas, Maine, California, Texas, Vermont, Georgia, Kaufman County, Maine and Delaware, Tennessee , South Carolina, North Carolina, Massachusetts, Kaufman, Los Angeles County , California, Lassen County, York

☆ A millennial moved to Charleston from Nashville to get away from the bachelorette party scene. She's never been happier working her new dream job and paddleboarding in her new city.
▼ + stars: | 2024-03-24 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Kaelyn Dannenfelser said she's happier than ever after a job change and a move to Charleston from Nashville. AdvertisementKaelyn Dannenfelser, 28, said while she misses her friends in Nashville, Tennessee, and loved being able to live there, she's definitely not moving back. AdvertisementFor those looking to move to Charleston like her, she suggested spending time researching as there are several islands. While Dannenfelser hasn't been living in Charleston or in her new role too long, she's feeling much happier so far. Advertisement"I look forward to waking up in Charleston and waking up for my job," she said.

Persons: Kaelyn Dannenfelser, —, Kaelyn, she's, Dannenfelser, Shem, Paddleboarding, She's, I've, doesn't, didn't, I'm, Dannenfelser hasn't Organizations: Service, Census Bureau, Business, Charleston, BI Locations: Charleston, Nashville, Charleston . Charleston, Nashville , Tennessee, Charleston , South Carolina, Wando, North Charleston, South Carolina, Florida, LTK

☆ Charts show a sharp rise in the rate of young adults getting cancer before age 50
▼ + stars: | 2024-03-22 | by ( Mia De Graaf | Madison Hoff | ) www.businessinsider.com time to read: +5 min

Read previewThe rate of young adults being diagnosed with cancer has risen sharply in the past 30 years, particularly in high-income countries. AdvertisementBusiness Insider's analysis of young adult cancer rates in G20 countries shows a fast, uniform increase:While cancer screening has dramatically increased, helping to prevent cancer deaths, the rise in young cancer cases can't be accounted for by increased screening. "As clinicians, almost daily, we see young people have cancer where they're healthy, they're obviously young, they eat well, they do not have a genetic condition. AdvertisementPer a recent JAMA study, colorectal cancer is now the most common for people under the age of 50. A young cancer diagnosis is especially difficult, doctors sayA cancer diagnosis in your 30s and 40s comes with unique challenges.

Persons: —, millennials, Ogino, Chadwick Boseman, Boseman, Panther, Dr, David Liska, Liska Organizations: Service, Business, Harvard Medical School, Cleveland Clinic, American Cancer Society Locations: Western Europe, United States, Yale

☆ The fastest-growing and fastest-shrinking cities in the US
▼ + stars: | 2024-03-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Wildwood-The Villages, Florida, saw its population increase 4.7% from July 1, 2022, to a year later. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Wildwood-The Villages in Florida saw the greatest increase from July 1, 2022, to July 1, 2023, among metros. Additionally, the data from the Census Bureau shows there were also a lot of metros with population percent declines during that time.

Persons: —, Kristie Wilder, Paul Mackun Organizations: Service, Bureau Locations: Florida, Napa , California, Ithaca , New York, Charleston, West Virginia, South, Wildwood, New Orleans, Metairie, Louisiana

☆ The Fed still probably isn't ready to give Americans the interest rate cuts they're hoping for
▼ + stars: | 2024-03-19 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Still, the door is open for rate cuts later in the year. AdvertisementThe nation's central bank is gearing up to make its second interest rate decision of the year, and it probably won't be the relief many Americans want to see. AdvertisementStill, while Americans may not see an interest rate cut this month, they could see one later on this year. But I still think interest rate cuts of one form or the other are likely this year." A group of Democratic lawmakers are also urging Powell to develop a timeline in which Americans can expect to see rate cuts.

Persons: Jerome Powell, —, Mark Hamrick, Hamrick, Powell, there's, we've, Nick Bunker, Julia Pollak, Pollak, Congressional Progressive Caucus — Organizations: Federal, Service, Fed, Financial Services Committee, North America, Democratic, Congressional Progressive Caucus

☆ 2 experts suggest these 8 side hustles to try this year if you're looking to make money outside your job
▼ + stars: | 2024-03-16 | by ( Madison Hoff | ) www.businessinsider.com time to read: +10 min

AdvertisementSide hustles can include building a profitable business, spending a few minutes on an online gig like survey work, or working a job that falls outside your typical 9-to-5. AdvertisementPet sitting or other kinds of care workAnother side job could be watching someone's pets or care-related side hustles. AdvertisementFood deliveryThere are several food delivery platforms people can try as a side job, such as Uber Eats. "You may be really passionate about art or that creative side, but that's not something that you do in your day job," Caban said. Have you made money from a side job or a side hustle?

Persons: Instawork's Kira Caban, Ted Rossman, —, Kira Caban, it's, Gen Zers, Rossman, Caban, Davis, Taylor Swift, Scott, Meghan Lim, Lim, Uber, Erin Couch, Couch Organizations: Service, Instawork, Business, BI, Baseball, Connect Locations: Nashville

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