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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this 26-year-old earns and spends $25,000 a year just outside NYCHector Carvajal, 26, owns Don Carvajal Cafe, a Dominican-inspired coffee roasting company based in the Bronx, New York. In 2022, his business brought in roughly $190,000 in sales and from that, he lives off a $25,000 salary. 07:44 an hour ago

☆ Roughly 1 in 3 workers is worried about a layoff—here's where anxiety is highest
▼ + stars: | 2022-12-19 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Layoffs are getting loud, and workers are stressing out. Roughly 1 in 3 U.S. workers, 31%, say they're concerned their company is planning budget cuts or layoffs, according to a recent LinkedIn Workforce Confidence survey, which includes data from 21,000-plus professionals from September to December. Other lines of work, like business admin, policing, social work and accounting, are also necessary to keep daily life running. Anders notes that these workers can be considered society's problem solvers: "Think of them as a recession's essential workers." As workers lose confidence in their job security, we could see fewer people quitting in droves each month, economists say.

☆ How this HR director almost got scammed by a fake job: 'If it seems too good to be true, it probably is'
▼ + stars: | 2022-12-19 | by ( Ashton Jackson | ) www.cnbc.com time to read: +4 min

The new job opportunity was at Novum, a pharmaceutical research company, and after being out of work for several months, Baustert, an HR director, was elated to reenter the workforce. However, when a "concerning" check arrived in the mail, she knew it was too good to be true. "After doing my research, I found out they were a legit, good company." After receiving a follow-up letter asking to set up an interview, Baustert agreed. She downloaded RingCentral, a video conferencing and messaging app, at the interviewer's request and seemingly had a good interview.

Hector Carvajal, 26, is the founder of Don Carvajal Cafe, a Dominican-sourced coffee roaster, and lives on $25,000 a year just outside New York City. Today, the 26-year-old runs Don Carvajal Cafe, a coffee roasting company out of the South Bronx that sources its beans from the Dominican Republic. "In the countryside of the Dominican Republic, we farm, we harvest, we roast coffee," he says. For the first three years of running his business, Carvajal lived rent-free with his mom in the Bronx in her rent-stabilized apartment. It's also why it's so important to him to source his coffee from farmers in the Dominican Republic.

☆ Didn't get a big raise this year? It could come in early 2023
▼ + stars: | 2022-12-15 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

For workers, that means wage growth will remain strong in the first half of the year but could slow by the middle of 2023. Here's a look at where wages grew throughout the year and where they could be headed in 2023. Wage growth in 2023 will still be higher than pre-pandemic norms of around 3%, says Nela Richardson, chief economist at the payroll processor ADP. Wage growth resulting from shortages and competition does the opposite." Wage growth could stall by the end of 2023

☆ Men and women asked for raises this year at the same rate, but men were more likely to get them
▼ + stars: | 2022-12-13 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Americans say they're handling record inflation by trying to up their income, including by asking for a raise at work. However, men were more likely to actually get a pay bump: 59% of men received a raise in the last year, compared with 52% of women, according to the survey. According to the Make It survey, women are more likely than men to be part-time workers or not employed at all. Women who ask for raises could also be getting less of a bump and make less money overall. Nearly half of women surveyed earn below $50,000, compared with about 1 in 3 men in the same income group.

☆ Workers around the world say this is the best U.S. city for expats
▼ + stars: | 2022-12-11 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Around the world, people agree that the best U.S. city to try living and working abroad is Miami, Florida. Not too far behind is New York City, which ranks 16th out of 50. The South Florida city didn't rank so well in the survey's "working abroad" index. Still, an overwhelming majority, 85%, of expats living in Miami are happy with their life in general, as well as 74% of expats in New York, compared with the 71% global average. 1 city for expats to live and work abroad in 2022, followed by Dubai and Mexico City.

☆ Workers who tested 4-day workweek say they'll never return to 5 days—or only with a huge pay bump
▼ + stars: | 2022-12-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

And leaders say they're willing to continue because the business didn't suffer. On average, businesses decreased their schedules by six hours, from about 41 to 35 hours per week per employee. 'Once you give people a four-day workweek, how do you take it back?' But company president Mike Neundorfer, who's been interested the four-day week concept for a while now, says they're trending the right direction. There's no going back, Mathew says, for the organization or for her personally: "Once you give people a four-day workweek, how do you take it back?

The first-of-its-kind study was presented Thursday at the San Antonio Breast Cancer Symposium, an annual meeting of breast cancer specialists. Faced with this possibility, Partridge said, many women stop or never start endocrine therapy, against the advice of their doctors. The findings were highly anticipated by other breast cancer specialists. Women in her practice were already making the executive decision to stop endocrine therapy for the chance of having a baby. Johnson was diagnosed with stage 2 breast cancer at age 34.

☆ Sorry, but it looks like your holiday party is probably going to happen at the office this year
▼ + stars: | 2022-12-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +7 min

So, as we barrel toward end-of-year celebrations, where does that leave the good old fashioned corporate holiday party? Bosses are still making last-minute decisions, he adds: The week of Thanksgiving, he fielded a request to organize a 900-person holiday party with three week's notice. The office becomes party centralMassive party cancellations are proving to be the exception rather than the rule. "No one has canceled," says Maggie Kennedy Braff, founder and CEO of Kennedy Events, which operates in the Bay Area. Inflation hits the holiday party circuitEvents are scaling back on ostentatious food options, too.

☆ This Spanish city is the No. 1 place to live and work abroad―and it's about to get easier to become a digital nomad there
▼ + stars: | 2022-12-01 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Valencia, Spain, is the No. 1 city for expats to live and work abroad in 2022, according to a survey of more than 12,000 respondents from InterNations, an online expat community with more than 4.5 million global members. Among expats, Valencia earns the top spot for being "a safe place with an excellent climate, a vibrant nightlife and culture, a pleasant urban environment and great travel opportunities" while still being "fairly affordable," says InterNations founder Malte Zeeck. It could become the next big hotspot for non-European digital nomads to relocate, too. The Spanish parliament recently passed the so-called Startups Act, intended to boost entrepreneurship and diversify the economy, which includes creating a new type of visa for digital nomads expected to launch in January 2023.

☆ After the Great Resignation and quiet quitting, the era of 'loud layoffs' is here
▼ + stars: | 2022-11-30 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

Within weeks, mass layoffs primarily in tech, including at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and more, have flooded headlines. And after the Great Resignation and quiet quitting rocked the market, the new era of "loud layoffs" is having an outsized impact on how people feel about their jobs. Why tech layoffs have a chilling effect: It's 'wrapped up with our economic aspirations'Even though they've been concentrated so far, tech layoffs do have an outsized effect on worker sentiment. "The tech industry is wrapped up with our economic aspirations as Americans. The tech industry is wrapped up with our economic aspirations as Americans.

☆ The top 10 cities to live and work abroad this year
▼ + stars: | 2022-11-29 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Workers looking for an outstanding quality of life and low cost of living are flocking to Valencia, Spain, which has been ranked the No. 1 city for expats to live and work abroad in 2022. It's pretty easy for remote workers from other European Union countries to move to Spain without applying for a visa or work permit, Zeeck adds. Expats in second-place Dubai, meanwhile, enjoy a thriving social scene as well as good job prospects and a creative business culture. Here are the top 10 cities for expats living and working abroad, and how residents feel about their home away from home.

The promise of job security and work-life balance drew Fernando Gonzalez to become a water operator. But this is the reality of what we have to do in order to conserve water." In 2017, Gonzalez enrolled in community college, took six courses and got certified by the California State Water Resource Control Board to work as a water operator. "I found out the water comes from Northern California, and we don't actually store any water here in the south. Fernando Gonzalez says job security, work-life balance and the ability to work outdoors drew him to becoming a water operator.

☆ The 10 best cities for finding a hybrid job that pays $100,000 or more―they’re not all on the coasts
▼ + stars: | 2022-11-26 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

The analysis looks at the top 100 highest-populated U.S. cities and the number of hybrid job openings, according to LinkedIn listings, within the city's job market. Analysts then applied a filter to identify the share of hybrid jobs that pay $100,000 per year or more in each city. The top cities where hybrid workers earn $100,000 per year or more include:San Francisco: 27% of hybrid jobs pay six figures Seattle: 26% of hybrid jobs pay six figures Los Angeles: 14% of hybrid jobs pay six figures Austin, Texas: 13% of hybrid jobs pay six figures New York City: 12% of hybrid jobs pay six figures Tucson, Arizona: 11% of hybrid jobs pay six figures Detroit: 10% of hybrid jobs pay six figures Boston: 10% of hybrid jobs pay six figures San Diego: 10% of hybrid jobs pay six figures Chicago: 10% of hybrid jobs pay six figuresIt makes sense that tech hubs and major cities with sky-high rents top the list, though the best cities for a six-figure hybrid job aren't all concentrated on the coasts. And even in Detroit, where the median household income is around $32,000 per year, 10% of available hybrid jobs cross the six-figure mark. The top cities to find a hybrid job in general include:Atlanta: 710 hybrid job openings per 100,000 people Boston: 547 hybrid job openings per 100,000 people Washington, DC: 349 hybrid job openings per 100,000 people San Francisco: 310 hybrid job openings per 100,000 people Seattle: 294 hybrid job openings per 100,000 peopleWorkplace experts say allowing remote and hybrid work can help businesses hire from a more diverse talent pool and keep people from quitting.

☆ Just 60% of NYC job listings include salary ranges—here's who's complying and who's not
▼ + stars: | 2022-11-21 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

As of Nov. 1, 46% of all NYC job listings included salary ranges, according to data on tens of thousands of job ads from Glassdoor, the job search platform. Now, several weeks out, more employers are listing their pay ranges, though disclosure is far from universal: 60% of job listings in NYC have employer-provided salaries as of Nov. 12, according to Glassdoor. Who's complying with the new pay range law? In October, before the law was enacted, employers who opted to provide pay ranges on job ads had a median pay range of $10,000. By November, that median salary range widened to $20,000.

☆ Amid mass layoffs, the Big Tech dream job is losing its luster
▼ + stars: | 2022-11-17 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

For decades, Silicon Valley tech darlings like Google, Apple, Facebook and Twitter set the gold standard of making it in the tech space. "Clearly layoffs changed the perception of Snap as a choice employer," Chen says, "and we see that same trend throughout large companies. An employer's brand reputation is a big deal for tech workers who know their skills are in-demand: Nearly 90% say an employer's brand is important when they're considering a new job, and nearly 80% wouldn't apply to a higher-paying job at a company with a bad reputation, according to a July survey of 950 people by Dice, a career site for tech workers. So far, as some companies face turmoil in recent weeks, Google, Atlassian, Salesforce and TikTok remain "employers of choice" among tech workers on Blind. Despite layoffs, tech workers still have a lot of options

☆ Posting salaries is just the start for pay transparency—what experts say should come next
▼ + stars: | 2022-11-16 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Here's why hiring experts say listing salary ranges is really only the beginning of salary transparency efforts. Posting pay is 'not a one-time job'In a lot of ways, Nov. 1 was really just the start date for employers to kick off their salary transparency efforts. And second, a lot of people will be equipped with their salary bands going into annual reviews and raise season. Salary transparency "helps people typically underrepresented and underpaid to get a better leg up, but creates another problem of those who feel they should be compensated more, whether that's true or false, feeling like they should go someplace else. Following its pay transparency law, Colorado saw an uptick in people looking for jobs.

☆ Do these 3 things to make the most of your next work conference, career experts say
▼ + stars: | 2022-11-14 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The majority of work conferences have taken place virtually during the last two years. "The future of work will be hybrid," Laysha Ward, executive vice president and chief external engagement officer at Target, told CNBC Make It's Jennifer Liu. Whether your next conference is in person, online or both, there are some things you can do to ensure you make the most of the opportunity. CNBC Make It spoke with Dr. Kortni Alston, a workplace wellness coach and happiness scholar, and Patrice Williams Lindo, CEO of Career Nomad, a career consulting firm, to find their best tips for navigating work conferences. Having digital work samples and business cards are also a great way to make your time with someone memorable.

☆ The 3 biggest mistakes job seekers make after a layoff, from someone who's been let go twice
▼ + stars: | 2022-11-11 | by ( Jennifer Liu | ) www.cnbc.com time to read: +4 min

Layoff numbers remain historically low in the labor market, but shocks to tech and finance jobs have been ratcheting up throughout the year. He's consistently noticed that sudden job seekers tend to make three big mistakes as they hit the market. But, another big mistake to avoid is asking for help but not being clear about what you're looking for in your next job or company, Ko says. That could mean putting out a call saying you can do anything, as mentioned above, or it can be staying vague about what title or level of work you're seeking. "Telling me you're looking for any job in operations or marketing doesn't help me."

☆ Thousands at Meta, Twitter, Salesforce lost jobs this week—the shock could ripple through the economy for months
▼ + stars: | 2022-11-10 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

Tens of thousands of tech workers have been laid off within days, as tech giants including Meta, Twitter, Salesforce and others shed headcount going into the final stretch of the year. At least 20,300 U.S. tech workers were let go from their jobs in November, and more than 100,000 since the beginning of the year, according to Layoffs.fyi, which tracks layoffs in the field. The latest economic volatility disproportionately affects tech and could impact other downstream industries, Pollak adds. How tech layoffs could impact the economyTech sector cuts will have a ripple effect: Fewer companies prepare to go public, so investment banks take a hit. Hiring is still strong despite economic headwinds, according to the Labor Department's latest jobs report, and Pollak says employers are adding 60% more jobs each month than prior to Covid.

☆ 25-year-old Maxwell Frost will be the first Gen Z member of Congress
▼ + stars: | 2022-11-09 | by ( Jennifer Liu | ) www.cnbc.com time to read: +2 min

Progressive activist Maxwell Alejandro Frost, 25, will officially become the first Gen Z member of Congress after winning his race to represent Florida's 10th Congressional District. "Central Florida, my name is Maxwell Alejandro Frost, and I'm going to be the first Generation Z member of the United States Congress!" He quit his previous job in order to run for Congress and drove for Uber to pay rent while on the campaign trail. He's passionate about gun reform, often referring to Gen Z as the "school shooter generation." The 2022 midterms were the first time members of Gen Z could run for Congress, which Pew Research Center defines as people born between 1997 and 2012.

☆ Sharing your layoff on LinkedIn isn't an 'act of shame' anymore—and it could be a smart career move
▼ + stars: | 2022-11-08 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

"Years ago, it was like an act of shame" to publicly announce you'd been laid off, Ko, 37, says. Ko remembers going through several stages of grief during his "very painful" layoff experiences: shock, denial, depression, shame and anger. Highlight your wins and what you're looking forAs for what to say in your post, be clear about your best qualities and what you're looking for next. "People can't give you what you're looking for if you don't know what you're looking for." Cascella was also explicit in the job title she's looking for and what about the job excites her most.

☆ ‘Organizations are scrambling’: How HR is balancing pay transparency, a volatile job market and executive demands
▼ + stars: | 2022-11-07 | by ( Jennifer Liu | ) www.cnbc.com time to read: +5 min

HR leaders like Rose say the law has been a long time coming: "This is the future of work. Salary transparency policies are overwhelmingly popular among workers, and economists say they're key to closing racial and gender wage gaps, made worse in part by basing workers' pay on previous earnings. It's fair to say HR is "not enthusiastic about new regulatory requirements" in general, he adds. 'Organizations are scrambling to decide what they want to share'The law not only guarantees pay transparency for job seekers coming into a company. Pay transparency in the future of work

☆ 'Mom, you look really exhausted': How this CEO got her dream job, and then burned out on it
▼ + stars: | 2022-11-06 | by ( Jennifer Liu | ) www.cnbc.com time to read: +6 min

Michele C. Meyer-Shipp is the CEO of Dress for Success, a global nonprofit that helps women prepare for the job search and interviews. In August 2020, Michele C. Meyer-Shipp started her dream job — becoming the first woman of color to be named Major League Baseball's chief people and culture officer. The 25-year-old nonprofit, which helps women through the job search and interview process, was looking for a new CEO. One of my sons said to me repeatedly, "Mom, you look really exhausted. Stepping into a new role, doing something I've never done before, was really, really scary.

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