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☆ Workers in the US now want at least $76,000 to start a new job as minimum wage expectations continue to rise in a red-hot job market
▼ + stars: | 2023-04-19 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +3 min

Employees' wage expectations have risen to $76,000 a year, according to a New York Fed survey. The rise in expected salary levels comes at a time of historically low unemployment rates in America. Those with a college degree raised their reservation wage expectations by about $5,000 to over $97,000. The rise in expected salary levels makes sense, as it comes at a time of historically low unemployment rates in America. This, in turn, leads to employees upping their salary expectations to combat inflation's erosive effects.

☆ Here's the 13-page pitch deck that Salt Labs, a fintech helping hourly workers build wealth, used to raise a $10 million pre-seed round
▼ + stars: | 2023-04-12 | by ( Paige Hagy | ) www.businessinsider.com time to read: +4 min

Salt Labs is a fintech that wants to help hourly workers build wealth. Salt Labs used this 13-page pitch deck to raise a $10 million pre-seed round. "The mission of Salt Labs is to enable hourly workers to own the long-term value of their work," Jason Lee, founder and CEO of Salt Labs, told Insider. Salt Labs announced a $10 million pre-seed round on March 29, led by Fin Capital. Read the 13-page pitch deck Salt Labs used to raise a $10 million pre-seed round.

☆ These are the 15 worst places to buy a home if you want it to increase in value. Almost all of them are in the Midwest.
▼ + stars: | 2023-04-09 | by ( Aidan Pollard | ) www.businessinsider.com time to read: +1 min

Markets in Michigan and Ohio rank among the worst for home value growth, according to a SmartAsset study. Flint, Michigan ranks worst in the country, according to the study. According to a new SmartAsset study, some markets in Ohio and Michigan rank among the worst for home value growth and stability. The study took stock of 400 US housing markets and the amount the values of homes increased over the past 25 years. If you're looking to buy a home, here are the 15 US markets with the worst return on investment you might want to avoid:

☆ The 10 worst US cities for job growth and earning potential in 2023
▼ + stars: | 2023-04-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

HR firm Checkr ranked the worst US cities for employment opportunities and earning potential. Cities based around agriculture and manufacturing have seen slower job growth and lower salaries. Earning potential was based on each city's real per capita personal income, 10-year income growth, and percentage of households that make over $200,00 a year. "The findings show that the current state of the US job market varies in big and small cities," Korelevich said. Jackson, Toledo, El Paso, and Lakeland also have a "less healthy job market," per US News.

Women still earn 18% less than men, but a new report shows a rise in homeownership for single women. Fintech CEOs say that increased advocacy for women's rights contributed to the rise in single women's homeownership. See 30-year mortgage rates right now »Here are the top three states where single women own more homes than men:In Florida , 4.55% more single women than single men own homes, with a total of 854,297 single women homeowners in the state. In Maryland , 4.53% more single women own homes, with a total of 141,740 single women homeowners in the state. In Delaware, 4.5% more single women own homes, with a total of 28,551 single women homeowners in the state.

☆ 3 ways your business can survive an economic downturn without layoffs or marketing budget cuts
▼ + stars: | 2023-03-18 | by ( Joy Gendusa | ) www.businessinsider.com time to read: +9 min

It can be tempting to go straight to layoffs or cut marketing costs during an economic downturn. Losing new business to less marketing and laying off experienced staff you'll have to rehire are not the best ways to go. The better option is to find smart ways to continue marketing your products and services rather than stop marketing completely. Find ways to reduce expenses and maximize efficiencyYou'll have to get clever to weather an economic storm and come out strong. Review all areas of your business, and find ways to cut expenses, maximize efficiency, and keep marketing consistently.

Inflation has reduced the value of bonuses that weren't raised by $25.5 billion. That means scores of employees who count on their bonuses lost purchasing power. Here's a look at the potential impact of inflation on bonuses for individual employees and entire sectors. We calculated average bonuses by sector for both years, assuming that bonuses are equal to 11% of an employee's salary, a figure published by job-search platform Zippia. Using the CPI inflation calculator, we found the value of 2021 bonuses a year later to uncover how much employees getting the same size bonus in 2022 lost from inflation.

☆ Here's a look at how work-life balance compares in the US, France, Australia, and the UK
▼ + stars: | 2023-03-12 | by ( Jordan Hart | Sam Tabahriti | ) www.businessinsider.com time to read: +8 min

Insider compared the work-life balance of the US, France, Australia, and the UK. The clip prompted Insider to look into how work-life balance in the US compares to other developed countries like the UK, France, and Australia. In the US, employees worked more than in the UK, France, and Australia at an average of 1,750 hours per year, the report found. UKGetty ImagesIn a 2023 worldwide work-life balance index by Forbes, the UK claimed five spots in the top 25 cities with the best work-life balance. "I'm among those who think it's important to have a work-life balance," Culleron told Insider.

☆ Retail worker quits are on the rise again even as workers in other industries increasingly try to hold onto their jobs
▼ + stars: | 2023-03-08 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +3 min

US workers are quitting their jobs less frequently than last year, but retail quits are trending up. The increase is surprising in part because major retailers are spending big money to keep workers. More quits are likely to further escalate a "labor hoarding" war among brands like Walmart, Home Depot, and Kroger. Long known for having some of the lowest wages around, retail workers collectively have seen their pay increase more since 2019 than almost any other group. With nearly two job openings per unemployed worker, rising quits in retail are likely to further escalate the ongoing labor hoarding war among major employers.

☆ Billionaire Marc Andreessen warns we're headed to a world where a college degree costs $1 million and a flatscreen TV costs $100
▼ + stars: | 2023-03-06 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Marc Andreessen recently wrote a blog post about regulation stymieing innovation in certain sectors. Those regulations, he says, cause education and healthcare to get more and more expensive. Innovation in certain highly regulated sectors, like education and healthcare, "is virtually forbidden," causing high prices, he wrote. Andreessen said that over time the price of highly regulated products will continue to climb, while less-regulated products, like flatscreen TVs, will become cheaper. Data like this — which he says is caused by regulation — makes him less concerned about AI innovation replacing jobs, despite the current "panic."

☆ Beyond Meat sales slumped because people are eating less fake meat, and the company says it gets why
▼ + stars: | 2023-02-24 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

The company said it sold around 3,300 fewer pounds of its fake meat products over the time period, a drop of about 17%. Despite the huge slump in sales, Beyond – which sells products including fake jerky, chicken, and sausage – still beat Wall Street sales estimates. According to Brown, the three major obstacles faced by the plant-based meat industry are taste, understanding of health benefits, and price. Consultancy giant Deloitte noted in a September report that plant-based meat sales were dipping. Beyond also offers some plant-based chicken products, including tenders and popcorn chicken.

☆ 4 Florida restaurants with the same owner had to give over $250,000 of back pay to staff after the Department of Labor said they only paid servers tips
▼ + stars: | 2023-02-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +2 min

Four Florida restaurants were ordered to pay $253,044 to 93 workers following an investigation. The DOL said the restaurants didn't pay wages to servers or pay other workers overtime. According to court filings viewed by Insider, the restaurants were asked to pay back wages for a period of around three years and 10 months. Tipped workers, like servers, have to take home at least $7.98 an hour in pay from the restaurant, with the rest made up in tips. The four Florida restaurants paid staff straight time for all hours worked, the DOL said.

☆ Map shows each country's DREAM job based on Google search data — and reveals most people wish they were pilots
▼ + stars: | 2023-01-28 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

The world googled "how to be a pilot" more than any other job between Oct. 2021 and Oct. 2022, data shows. In China, dietitian is the dream job for most citizens, according to the study. Other top dream jobs include writer, dancer, entrepreneur, and YouTuber. The findings were ranked and broken down by the top dream job in each country. Despite Remitly's report, some professionals have sounded off about doing away with the term "dream job," Insider's Shana Lebowitz reported.

☆ Home Depot's cofounder — who retired in 2002 — says he doesn't want the 'woke generation' leading business because of their 'laziness'
▼ + stars: | 2023-01-20 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Home Depot cofounder Bernie Marcus is adamant he doesn't want the "woke generation" leading business. He told Fox Business that "nobody wants to work anymore" because of "laziness" and government benefits. Home Depot has distanced itself from Marcus, noting he hasn't worked at the company in 20 years. "How do you have a recession when you have people that don't want jobs?," Marcus said during Thursday's interview. "Bernie Marcus retired from The Home Depot more than 20 years ago and does not speak on behalf of the company," Home Depot told Insider in a statement.

☆ Breakfast is costing Americans more as bread, eggs, and milk prices soar
▼ + stars: | 2023-01-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: 1 min

The price of white bread hit a national average of $1.87 in December 2022 – more than $0.30 more than in the same month in 2021, the US Bureau of Labor Statistics reports. Daniel Day/Getty ImagesSee the data here.

Math is important, but there are still plenty of ways to make a living without it. Here are 24 high-paying jobs to check out. Luckily, there are plenty of high-paying jobs out there for the numerically-averse. O*NET ranks how important "using mathematics to solve problems" is in any job, assigning each a "math importance level" between 1 and 100. Here, in reverse order of median salary, are 24 high-paying positions with a math-importance level of 31 or less:

☆ Plant-based brand Just Egg is running an ad declaring 'Plants don't get the flu' as chicken egg shortage continues
▼ + stars: | 2023-01-13 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Eat Just is running an full-page ad for its plant-based egg scramble in The New York Times. Avian flu has wiped out millions of chickens, causing egg shortages and higher prices on shelves. Just Egg's ad includes bottles of Just Egg plant-based eggs on a refrigerator rack and the phrase "Plants don't get the flu." The product featured in Just Egg's ad is the brand's 12-ounce bottle of plant-based egg scramble, which is derived from Mung beans. In addition to eggs, Eat Just is developing meat that can be grown in a lab instead of by raising animals.

☆ Why now is the best time for Gen Zers to launch a business, and how they're taking advantage of the opportunity to change the workforce
▼ + stars: | 2023-01-05 | by ( Alexandra York | ) www.businessinsider.com time to read: +6 min

Here's why now is the best time for Gen Zers to start their own businesses. It helps that some successful Gen Zers are earning more than America's top CEOs. Here's why now is the best time to start a business for young people and two Gen Z entrepreneurs who have done it. New ventures in copywriting, social media management, and virtual assisting have been among some of the most successful, Mawhinney said. With this in mind, young founders have the opportunity to build brands that new workers resonate with.

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☆ Why organic eggs are suddenly cheaper than conventional ones
▼ + stars: | 2022-12-30 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Organic eggs are cheaper than regular ones, according to the largest egg producer in the US. "Specialty" eggs include kinds of eggs that have historically been more expensive, such as organic eggs and cage-free eggs. "Conventional egg prices exceeding specialty egg prices has occurred for the past three quarters but is atypical historically," Cal-Maine said in a statement outlining its second-quarter earnings. Organic and other specialty eggs still only make up a minority of the eggs sold in the US. Some consumers have started buying more expensive brands of eggs as prices on conventional eggs have gone up.

☆ The 39 highest-paying jobs you can get without a bachelor's degree
▼ + stars: | 2022-12-24 | by ( Rachel Gillett | Madison Hoff | ) www.businessinsider.com time to read: +1 min

Method and data sourceThere are plenty of high-paying jobs that require only a two-year associate degree, postsecondary nondegree certificate, or even just a high-school diploma. Insider decided to look at which jobs do not require a bachelor's degree or higher and are also high-paying. To do this, we used the latest educational data and salary figures from the US Bureau of Labor Statistics. Some occupations from the 39 highest-paying are part of the transportation sector. In our ranking, we included each occupation's median annual salary and employment figures from May 2021.

☆ Here's an exclusive look at the 12-slide pitch deck the artificial-intelligence startup Durable used to raise $6.25 million in seed funding
▼ + stars: | 2022-12-01 | by ( Stephanie Palazzolo | ) www.businessinsider.com time to read: +3 min

Durable offers solo entrepreneurs sales, marketing, and finance tools through its platform. The startup recently landed $6.25 million from investors like Altman Capital and Torch Capital. Here's a look at the 12-slide pitch deck it used to raise its latest seed round. Durable targets solo entrepreneurs, or people who start and run their own business independently, without a cofounder or other employees. Here's an exclusive look at the 12-slide pitch deck Durable used to raise $6.25 million in seed funding from Altman Capital, Torch Capital, Dash Fund, Infinity Ventures, and South Park Commons:

☆ 7 steps to launch your small business and begin a career as your own boss
▼ + stars: | 2022-11-30 | by ( Sponsor Post | Created Insider Studios With State Farm | ) www.businessinsider.com time to read: +4 min

Create a detailed business planWhile not necessary, having a full-fledged business plan in place can be useful, especially if you intend to seek funding for your business. Usually, a business plan includes, but is not limited to:Your company nameAn executive business summaryOperations and managementMarketing and sales strategyFinancial projections3. Register and protect your businessOnce the company's name, location, and business structure are determined, you may consider registering your business. Doing so allows you to access legal benefits, tax benefits, and business insurance, like State Farm's Business Owners Policy, which can help protect your operations from unforeseen events. Learn more about how State Farm small business insurance coverage options can help your business thrive.

☆ What protests in China may mean for the economy
▼ + stars: | 2022-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN Business —Protests against China’s prolonged and restrictive Covid regulations spread across the country over the weekend. Oil plunged and hit 2022 lows on Monday, while shares of companies that rely on China for production felt the heat. Oil prices dropped sharply, with investors concerned that surging Covid cases and protests in China may sap demand from one of the world’s largest oil consumers. They don’t want to end their covid policy but they also want to ensure that the political unrest doesn’t grow. This week is chock full of important economic data releases, many of which will help guide the Fed’s next interest rate hike decision in December.

☆ Here are 14 of the high-paying jobs you can get with a bachelor's degree — and how to get them
▼ + stars: | 2022-11-26 | by ( Samantha Delouya | ) www.businessinsider.com time to read: +2 min

According to recent data, many Americans are skeptical about the benefits of a college degree. However, some high-paying jobs require at least a bachelor's degree, including many in the field of engineering. Check out some of the highest-paying jobs that require a bachelor's degree. While a bachelor's degree may be expensive – even with financial aid and scholarships – there are many industries where people are expected to have a minimum of a bachelor's degree to be considered. Check out some of the highest-paying jobs that require a bachelor's degree, according to the most recent data from the US Bureau of Labor Statistics:

Here are five ways small business owners can prepare for the first quarter of 2023. Setting clear strategies for the year ahead can help entrepreneurs prepare, even if they're thrown another crisis-inspired curveball. Here are five ways small business owners can prepare for the first quarter. If the company is scaling, business owners should ensure all employees are classified properly and have workers comp insurance, if applicable. "Don't criticize yourself or blame yourself," Freeman, who also works as a psychiatrist and executive coach for business owners, said.

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