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Nevada and New York are two of 24 states where the best-paying non-doctor job is a chief executive, based on average pay. Insider previously looked at the highest-paying job by state overall and found healthcare jobs were commonly the best-paying. Looking at jobs in each state and Washington, DC, with at least 1,000 employees, there were many places where the best-paying job was some type of physician. As seen in the map above, chief executive was the best-paying job for 24 states and DC using our methodology. Computer and information systems managers was the highest-paying role, based on average pay data for jobs with at least 1,000 employees, in both Delaware and Maine.
Persons: didn't, , anesthetists Organizations: Service, Occupational, DC, Computer Locations: Nevada, New York, Wall, Silicon, Montana, Washington, North Carolina, New Jersey, California, Wisconsin, Minnesota, Delaware, Maine
This spreadsheet, viewed by Insider, shows base salaries, equity, and bonuses employees reported. The table shows the minimum and maximum base salaries, equity, and bonuses for each role. In addition, Insider created bar graphs that show the highest base salaries each role can make, as well as the roles at Google that have the highest base salaries, equity, and bonuses. These graphs are based on the maximum base salary, equity, and bonus values that were submitted for each role. Not all employees submitted equity and bonus data, but we've included it where they have.
Persons: Googlers, Tamani Jayasinghe Organizations: Google Locations: Alphabet's
Parents with children under 5 are shunning big cities faster than everyone else. But the flight of young parents and a shrinking population might mean cities have to compete to keep you. A new report from the Economic Innovation Group, or EIG, found that families with young kids are shunning big cities. That created a nexus of families with young children just outside of cities, what the report calls a "donut effect." But for cities that are shedding young families but still hold allure, like New York, the reshaping might be more of a rethinking of their value proposition.
Persons: Connor O'Brien, weren't, O'Brien, would've, what's, Eliza Relman Organizations: Service, Economic Innovation Group, jkaplan Locations: Wall, Silicon, Florida, EIG, Carolinas, New York, Los Angeles
Universum ranked places on a list based on the share of business students who chose an employer as one of their ideal places to work for. JPMorgan Chase, Apple, and Goldman Sachs all had high shares of business students compared to other companies or organizations on the ranking. 3 this year, with about 14% of business students calling the tech company one of their ideal places to work. A higher share of business students chose it as an ideal employer last year, about 16% of business students. The following are the top 20 ideal places to work for, according to business students.
Persons: Goldman Sachs, Apple, Ernst & Young Organizations: Google, JPMorgan Chase, Apple, Service, Employers, Cola Company, Ernst, Industries Locations: Wall, Silicon
Universum, an employer branding agency, released its ranking of which places engineering students most hope to work for. According to this year's results, 20.6% of engineering students said Lockheed Martin is one of the places they most want to work for. It moved up three spots, after 17.4% of engineering students chose it as an ideal employer for themselves last year. Roughly 5% of engineering students view it as one of their ideal employers. The percentages below are of the share of engineering students who named that employer as an one of their ideal places to work.
Persons: Lockheed Martin, Universum Organizations: SpaceX, Service, Lockheed, Apple, General Motors, Toyota, Department of Defense, Benz Group Locations: Wall, Silicon
Universum released its US ranking of the places computer science students are most interested in working for. Samsung, NASA, and Spotify all made the top 20 based on the shares of computer science students. About 41% of computer science students said Google, and about 22% said Amazon, per the survey data collected from September 2022 to March 2023. Some other places that made the top 20 based on the shares of computer science students were NASA, IBM, and Tesla. Below are the top 20 places computer science students most want to work, based on the share of computer science students who named it an ideal employer to work for.
Persons: Universum, Lockheed Martin Organizations: Google, Samsung, NASA, Spotify, Service, Apple, Microsoft, Universum, IBM, Lockheed, Intel Locations: Wall, Silicon, Universum
Rachel Dunlop works from her condo in Canada as a freelancer, after leaving a job without another one lined up. She loves working with clients in different fields and being able to work when she's most productive. She quit during 2021 for various reasons, including the likely return to office, without another job to move on to. This isn't the first time Dunlop has tried freelance work though. She said she did some freelance work from mid-2013 to mid-2014, but said "at that time, it was not for me at all."
Persons: Rachel Dunlop, Dunlop, Rachel Dunlop doesn't, She's, haven't Organizations: Service Locations: Canada, Wall, Silicon, Toronto, Fiverr
Recent data reveals inflation is cooling, the labor market is slowing, and a recession may not come after all. Inflation data released Wednesday showed that inflation is coming down fast. The Fed may be pleased by this data, though a rate hike may still be on the table later this month. Other measures also show that the job market is still very healthy. The Fed may be happy to see slower job growth and the prime-age labor force participation rate rising, Bunker said.
Persons: doesn't, Julia Pollak, Nick Bunker, Bunker, Jerome Powell, Bill Adams, Pollak, " Pollak, Powell Organizations: Service, Labor, Survey, North America, Federal, Consumer, CPI, National Federation of Independent Business, Congress, Fed, Comerica Bank, Comerica Locations: Wall, Silicon
That's based on new Consumer Price Index data from the Bureau of Labor Statistics on Wednesday, which is one measure of inflation. That suggests another month of cooling inflation, after the unadjusted year-over-year change in May was 4.0%. However, the year-over-year CPI has tumbled every month since then, and the new data means 12 months of falling inflation. The month-over-month percent change was expected to be more than the percent change in May, from a month-over-month increase of 0.1% in May to a month-over-month increase of 0.3% in June. While inflation is still falling in the US, it's still more than the Fed's 2% target, at least by the overall year-over-year CPI measure.
Persons: That's, it's, Jerome Powell Organizations: Fed, Service, Bureau of Labor Statistics, Core CPI, CPI, BLS, Federal, Federal Reserve Locations: Wall, Silicon
Americans feel bad about the economy, even though data shows a booming labor market. The recovery from the pandemic recession reset everyone's expectations about what a good economy looks like. Americans are feeling bad about the economy, and some of that is likely due to inflation eating at their budgets. Consumer confidence is still low, and, as JPMorgan Asset Management chief global strategist David Kelly writes, Americans feel an "unreasonable level of gloom." In short, the things that used to make Americans feel good or bad about the economy aren't as consequential anymore.
Persons: Aaron Terrazas, Labor Julie Su, that's, David Kelly, Kelly, Terrazas, , would've Organizations: Service, Bureau of Labor Statistics, Labor, Pew Research Center, JPMorgan Asset Management, Fed Locations: Wall, Silicon, America
Millennial Julia Pak, who lives in Canada, has been dumpster diving on and off since she was a teen. She spent an average of about 60 Canadian dollars or about $45 on food and drinks in the last four months. That bill was roughly 14 Canadian dollars in June, or about $10. And a mom who has done dumpster diving with her daughter said in an as-told-to essay for Insider that "the hardest part of dumpster diving is seeing the waste." She advises other people who want to try out dumpster diving to go at night like she does.
Persons: Julia Pak, Pak, Pak didn't, I'm, Kit Kat, Pak doesn't, Pak's, Julia Pak Pak, doesn't, she's Organizations: Service, Chain Management, Pak Locations: Canada, Wall, Silicon, Toronto, KOHO
Fewer workers are taking time off for vacation or personal days, compared to last year. The following chart shows that the post-pandemic recovery in the number of workers taking vacation in June has stalled, with a slight drop from June 2022 to June 2023. To be sure, airline ticket inflation isn't as bad as it was last year. Even so, airline ticket inflation came in at 30.2% for all of 2022. When it comes to why fewer Americans are taking time off for vacation this summer, Acting Secretary of Labor Julie Su told Insider that it's "an important question."
Persons: Julia Pollak, , who's, Bianca Giacobone, Hopper, Labor Julie Su, Su, Dan Latu, Ric Kenworthy, Latu, They're Organizations: Labor Statistics, Service, lastest Bureau of Labor Statistics, Labor Locations: lastest, Europe, Asia, Phoenix
The US jobs market saw less jobs added in June than in May. The unemployment rate fell from 3.7% in May to 3.6% in June. After the unemployment rate soared from 3.4% in April to 3.7% in May, the rate dropped. June's unemployment rate was 3.6%, equivalent to the forecast of 3.6%. The Bureau of Labor Statistics published new job openings and quits data on Thursday.
Persons: , Mark Hamrick, Bankrate, that's, Nick Bunker Organizations: Service, Bureau of Labor Statistics, Labor, Labor Statistics, North America
American workers are still quitting their jobs, per Bureau of Labor Statistics data. The Bureau of Labor Statistics' newly released monthly Job Openings and Labor Turnover Survey shows that job openings are still high, even though they dropped slightly from April. Plus, the number of workers quitting their jobs actually grew in May, all while layoffs stayed near historic lows. It signals a labor market where workers — especially blue-collar workers — still feel comfortable leaving their jobs, with plenty of opportunities awaiting them, including remote and hybrid options. The sector — which houses, in part, tech workers — was one industry among a handful that saw a dip in its quit rate.
Persons: , Nick Bunker, it's, Bunker, Joanne Hsu, Hsu, There's Organizations: Labor Statistics, Service, Privacy, Labor, Survey, Bureau of Labor Statistics, University of Michigan, Consumers
Verstappen dominant in Austria to go 81 points clear
  + stars: | 2023-07-02 | by ( Alan Baldwin | ) www.reuters.com   time to read: +3 min
Verstappen, who also won Saturday's 100km sprint race and leaves Spielberg's Red Bull Ring with maximum points, stretched his lead over Mexican team mate Sergio Perez to 81 points with his fifth win in a row. It was also the Dutch driver's seventh of a dominant campaign taking him ever closer to a third title. It was also his fifth success at the Red Bull Ring, more than any driver, and left him more than three race wins clear of Perez. The Sprint weekend is always hectic and a lot of things can go wrong but luckily a lot of things went right," said Verstappen. Seven-times world champion Lewis Hamilton was seventh for Mercedes, with team mate George Russell eighth, and Pierre Gasly was ninth for Alpine.
Persons: Perez Leclerc, Ferrari's, Perez, Max Verstappen, Red, Verstappen, Sergio Perez, Charles Leclerc, Ayrton Senna, I'm, Leclerc, Carlos Sainz, Lando Norris, Fernando Alonso, Aston Martin, Lewis Hamilton, George Russell, Pierre Gasly, Hamilton, Norris, Ferraris, Sainz, Gasly, Alpine's Esteban Ocon, Williams, Alex Albon, AlphaTauri's Yuki Tsunoda, Nico Hulkenberg, Haas, Dilano van't Hoff, Alan Baldwin, Andrew Cawthorne Organizations: Austrian, Bull, Red Bull's, Prix, Dutch, Sprint, Monegasque, Ferrari, McLaren, Aston, Mercedes, Alpine, Belgium's, Thomson Locations: London
CNN —Red Bull’s Max Verstappen sauntered to his fifth consecutive win after dominating at the Austrian Grand Prix on Sunday. “I don’t like to think about that yet,” Verstappen told reporters after the race when asked about winning another championship. Clive Rose/Getty ImagesOnce again, Verstappen started on pole and cruised to his seventh win out of this season’s nine races. It rounded off a near perfect weekend for the 25-year-old who also won Saturday’s sprint race. The sprint weekend is always very hectic and a lot of things can go wrong and luckily a lot of things went right for us this weekend,” Verstappen added.
Persons: Max Verstappen sauntered, ” Verstappen, “ I’m, ” Ferrari’s Charles Leclerc, Verstappen’s, Sergio Perez, Dilano van, Hoff, Clive Rose, Verstappen, Lecleric, Dilano van’t Hoff, , Dilano’s, Organizations: CNN, Austrian, Prix, Regional, Spa Locations: Austria, Belgium
CNN —Dutch driver Dilano van ’t Hoff, 18, died Saturday as the result of a crash during the second Formula Regional European Championship by Alpine (FRECA) race at Spa-Francorchamps in Stavelot, Belgium, according to a statement from his team MP Motorsport. “We are devastated at the loss of one of our brightest Dutch talents, who brought so much energy to our team during the years he raced with us,” a team statement read. The 18-year-old Dutch driver joined MP Motorsport in 2021. FIA, motorsport’s governing body, confirmed the news and sent its “condolences to the family and friends of Dilano van ‘t Hoff and to the MP Motorsport Team” in a statement on Saturday. “We are so sad to learn of the passing of Dilano van ‘t Hoff today at Spa-Francorchamps,” he said in a statement.
Persons: Dilano van, Hoff, , Dilano’s, Van ’, Pablo Guillen, Stefano Domenicali, “ Dilano, Carlos Sainz, Anthoine Hubert Organizations: CNN, Regional, Spa, Motorsport, Zuma, Formula, FIA, MP, ., Prix, Twitter Locations: Stavelot, Belgium, FRECA, Spa, , Austrian
It's part of the decades-long trend in which Americans have scaled back their charitable giving. There's evidence that this shift has impacted charitable giving. From 2000 to 2016, the share of Americans giving to religious causes fell from roughly 47% to 32%. Other donors have shifted their giving to political causes that wouldn't be classified as charitable giving either. Looking forward, Birkholz said he's optimistic the total giving figure will bounce back in 2023.
Persons: , Josh Birkholz, We've, Birkholz, Jonathan Meer, Zers, I'm Organizations: Service, Privacy, Indiana University's School, Philanthropy, Indiana University, Pew Research Locations: Texas
A White House fact sheet from months ago showed how many people could have benefited. It showed the number of people who applied or were automatically eligible for debt relief before lawsuits paused applications. "Overall, more than 40 million borrowers would qualify for the Biden Administration's debt relief program," the fact sheet stated. These borrowers owe a combined $1.6 trillion in student-loan debt, according to the White House. Many Democrats slammed the ruling while vowing to keep fighting for student-loan forgiveness, urging Biden to take unilateral action to get American borrowers relief.
Persons: Joe Biden's, , Alexandria Ocasio, Cortez, Biden, Brown Organizations: Supreme, Service, Department of Education, Biden, Rep, York, Higher, US Department of Education, . Nebraska, GOP, Republicans Locations: Puerto Rico, Washington, DC, Texas, California, Alexandria, Cortez of, .
Is it still safe to quit your job simply because you don't want to return to the office? The job market is still strong and offers a higher share of remote job postings than pre-pandemicData from the Bureau of Labor Statistics, or BLS, shows the labor market is still robust. Cory Stahle, an Indeed economist, noted at a press event last week that "remote work is something that is here to stay." Even Indeed renamed its Remote Job Tracker given the demand for hybrid employees, noting as hybrid "work arrangements emerge as a primary modality of flexible work — which itself is a topic of growing interest to job seekers, employers and policymakers alike — we are updating and renaming the Remote Tracker to the Remote & Hybrid Job Tracker." Did you quit your job after being told to return to the office?
Persons: there's, , Insider's Juliana Kaplan, She's, Bonnie Chiurazzi, Chiurazzi, Lab's Daniel Culbertson, Culbertson, Cory Stahle, Stahle, Dawn Fay, Robert Half, Fay Organizations: Service, ADP Research Institute, Bureau of Labor Statistics, Labor, Survey Locations: North America
A report highlights just how much worse the childcare crisis may get after ARPA stabilization funds end. 3.2 million children could lose a childcare spot, per the analysis from The Century Foundation. The Century Foundation found that about 3.2 million kids in the US may lose a childcare spot when these funds end, although the projected losses might not happen all at once. "The ARPA stabilization funds that staved off the child care sector's collapse will come to an abrupt end in September 2023," the report stated. And while The Century Foundation report notes that "many states have taken proactive measures" to help out the industry, Americans are concerned.
Persons: Organizations: Century Foundation ., Service, Century Foundation, American, The Century Foundation Locations: Century Foundation . Texas, Texas, New York, Washington
Here's the highest-paying job in every state
  + stars: | 2023-06-27 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +3 min
We looked at the best-paying job for each state and Washington, DC, based on available averages. For our analysis, Insider only looked at jobs with at least 1,000 employees in the state and for which BLS published a specific average annual wage estimate. Insider omitted jobs without an employee estimate, without a specific average annual wage amount, or without any average annual wage data at all from our analysis. The following map shows the highest-paying occupation for every state and Washington, DC, based on our methodology. Most of the 22 states where this is the highest-paying job pay more than that, with a few paying over $300,000 on average.
Persons: Organizations: Service, Bureau of Labor Statistics, BLS, Physicians Locations: New York, Florida, California, Washington, DC, Tennessee, Louisiana, cardiologists, DC , New Jersey, North Carolina, Dakota, Vermont, North Dakota
Americans on average have saved a fraction of what they think they'll need to "retire comfortably." A new study from Northwestern Mutual found that many age groups think they'll need over $1 million. People have saved 3% to 12% of their retirement goal, depending on which age group you look at. "At the end of the day, the 'magic number' for retirement savings and retirement age are personal for each of us," Kyle Menke, CEO of Menke Financial, a Northwestern Mutual firm, told Insider in an email. "It's clear that rising prices are impacting people's expectations for retirement savings," Menke said.
Persons: , Kyle Menke, Menke, Gen Z, Xers, you've, they're, Gen X Organizations: Northwestern Mutual, Service, Privacy, Northwestern, Menke, of Labor Statistics
They cited a strong labor market, low foreclosure rates, favorable demographics, and low supply. That was their biggest drop since the mid-2000s housing bubble, when home prices fell 27% over the course of a few years. As long as interest rates remain elevated, home price growth will likely continue to slow. First is that the labor market remains healthy. But so far this year, the labor market has continually surprised economists to the upside.
Persons: Hoff, Ian Shepherdson, Desmond Lachman —, millennials, Ellen Zentner, Morgan Stanley's, Z, it's, there's, Louis Organizations: Harvard Joint Center for Housing Studies, Harvard University, Federal Reserve, Harvard Joint Center for Housing, FHFA National Mortgage Database, Federal Reserve Bank of St, JPMorgan, Mortgage, Association
Vienna is still the most livable city in the world, according to the Economist Intelligence Unit's Global Liveability Index for 2023. That's according to this year's Global Liveability Index from the Economist Intelligence Unit (EIU) that was just published. The index is based on five categories measuring various aspects of the quality of life in each city, such as healthcare and infrastructure. The infrastructure category for instance includes things like the "quality of public transport," and the "availability of good quality housing," per the report. 1 last year too out of 172 cities instead of 173 cities, as Kyiv, Ukraine, wasn't part of the ranking last year.
Persons: Organizations: Economist Intelligence, Service, Economist Intelligence Unit, Vienna, Osaka Locations: Vienna, Osaka, Japan, Auckland , New Zealand, That's, Kyiv, Ukraine, Copenhagen, Denmark, Vancouver, Canada, Auckland, Melbourne, Australia
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