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A World Economic Forum report highlighted the fastest-growing jobs from 2023 to 2027 based on what companies anticipate. AI and machine learning specialist is projected to be the fastest-growing job, per the report. "Of the 673 million jobs reflected in the dataset in this report, respondents expect structural job growth of 69 million jobs and a decline of 83 million jobs," the report stated. "This corresponds to a net decrease of 14 million jobs, or 2% of current employment." The following are the 10 fastest-growing jobs from 2023 to 2027 according to different employers from around the world.
It may be accurate to say the quitting situation is evolving into the "Big Stay," per ADP's chief economist. "The Big Quit of 2022 could be easing into the Big Stay of 2023," Richardson wrote in her recent commentary. "A year later, all three of these dynamics are abating, and the great resignation itself is looking like a thing of the past." Pollak said that "to the extent that there is a big stay, it is not taking place across the economy." Even if the Great Resignation might not be prevalent in all areas of the economy right now, it could emerge again.
He doesn't recommend trying to start a YouTube channel or voice work if you're looking to make money quickly. Under his handle @sidehustlereview, he tells 100,000 TikTok followers what he learns, including what makes money, and the time involved. My For You page is just side hustle after side hustle," Ryan told Insider. In addition to UGC, the other top side hustles Ryan recommends are hauling junk and being a virtual assistant. "I get so many personal messages saying they are so thankful that I'm trying these things and letting them know the truth and that really makes me feel good," Ryan said.
Instead of looking at whether AI will replace workers, a study suggests it could improve work lives. A recent study by Erik Brynjolfsson, Danielle Li, and Lindsey R. Raymond shows that generative AI can actually boost productivity for workers. While their study was about generative AI and its impact on workers at a company, the researchers noted that the purpose of the study isn't to "shed light on the aggregate employment or wage effects of generative AI tools." The paper stated that the AI system used was "designed to augment, rather than replace, human agents." The AI system used by some of the workers in the study consisted of a GPT-based large language model along with machine learning algorithms.
But this could also be due to attractive wage growth in traditional jobs per the report and Zhou. Additionally, some gig workers could be "rotating into the traditional job market because the wage growth in the traditional job market has been so phenomenal," Zhou said. The report stated that "for those gig workers who also have a traditional job, large wage increases in their primary jobs could mean less need to make up any shortfall in the gig economy. Gig workers who also hold traditional jobs are typically in sectors like restaurants and retail, which have seen especially high wage growth. And while the share of gig workers doing delivery or social commerce has dropped, the analysis shows the share for ride-hailing has mainly been trending upward.
Pew Research Center compared the hours opposite-sex married couples spend on housework and caregiving. The chart below shows the average time spent per week on housework and caregiving duties for five different kinds of income arrangements for opposite-sex marriages. Wives in these wife-primary-earner marriages spend about 11 hours a week on housework and caregiving compared to their husbands' almost 8 hours a week. 57% of US adults said American society values the "contributions men make at work." Men and women pretty much said the same thing — 55% of men and 58% of women answered this way.
Remote job options are dwindling
  + stars: | 2023-03-27 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com   time to read: +4 min
The following chart shows select industries and which ones among them have the highest share of establishments where people teleworked all the time. BLS data shows the information sector had a relatively high share of establishments where workers worked remotely all the time, at 42.2%. While remote options may seem to be dwindling, some experts Insider talked to say that remote work is going to continue to be prevalent. "Remote work has been a huge and permanent change to how people work and live," Adam Ozimek, chief economist at the Economic Innovation Group, told Insider. Have you had to choose between returning to the office or losing your job?
College enrollment has declined over the last decade. Here are three reasons why college enrollment may have collapsed. Why learn when you can earnThe robust labor market may have also contributed to college enrollment falling. Such attacks on colleges over the years might have caused Republicans to question the skill benefits of a college education. Did you get a job without a college degree?
"There's a certain amount of gaslighting that goes on, too, from management," she told Insider. She added that quiet firing typically involved singling out people, rather than employers trying to push out many. "At the end of the day, quiet firing is more about the culture of fear it produces," the account manager said. 'Push, push, push' on harder-to-achieve goalsAnother sign the account manager has seen is an increase in goals. It's just push, push, push."
"Because obviously getting referrals or a job through TikTok sounds kind of insane when you kind of think about it. Vining is now a consultant technical project manager after getting a referral from someone who commented on one of his TikTok videos. Others have also shared their layoff experience in TikTok videos. "So I think you have to look at non-traditional ways of making those connections. And in my instance, my non-traditional way of making a connection that led to a job was through TikTok."
Right now, the Great Resignation is still strong in many blue-collar, service industries. But the Great Resignation is coming to an end in remote, knowledge-based roles. Information, which encompasses some tech roles, also saw employment decline from January to February. "If you read about the Great Resignation while you were working from home on a computer, in your pajamas, the Great Resignation's over," Terrazas said. In industries like retail and leisure and hospitality, the Great Resignation lives on.
A Bankrate survey that took place from January 20 to January 23 asked about how a respondent's emergency savings compared to these savings a year ago. About 4 in 10 US adults have fewer emergency savings than they did just a year prior, according to the survey conducted by SSRS. But not everyone has seen their emergency savings fall from where they stood a year ago. "Many have resorted to tapping their emergency savings if they have it, or have taken on credit card debt, or some combination. And emergency savings is money of course that should be highly liquid for when and if they need to tap that money supply."
Social media and social networks may be beneficial for these new job seekers — like LinkedIn. Similarly, Wen Huber was able to find a new job after being laid off by posting on LinkedIn, according to a Wall Street Journal article. "We are seeing this in real-time as the LinkedIn community has rallied around each other throughout the pandemic and even more so now in light of layoffs." For Huber, he said that "as a social media manager, I believe social media can be a great opportunity for some." Have you used social media to find a new job?
"It's absolutely true that AI applications like ChatGPT can very much improve workers' lives," Mark Muro, a senior fellow at the Brookings Institution previously told Insider. But if used correctly, ChatGPT can help some workers with tasks and save them time while doing so. Insider spoke with six workers in sectors that include education and real estate who are using ChatGPT to make their jobs easier. A realtor with eXp Realty also used ChatGPT for a listing in Iowa that was highlighted in a CNN post. Now two months later, LaRue told Insider she uses ChatGPT "everyday" to help write proposals, video scripts, and press releases.
Come March, millions of Americans will see their SNAP benefits drop drastically, some by over $200. As seen in the map, around 30 states and Washington, DC, would be affected by the abrupt cutoff of SNAP benefits. Based on figures from FRAC, 393,341 households in Alabama for instance would receive emergency allotments of SNAP in February 2023. Now, Plata-Nino said, states are scrambling to get the word out to residents that their benefits are being dramatically reduced. Are you worried about your SNAP benefits shrinking?
According to Joblist's second quarter of 2022 report, 26% of "job seekers who quit their previous job" regret the move. Kristen is still hoping things will work out and that she will land a job soon, but is feeling some regrets. I wish I would've not quit my first job," Kristen said. "I wish so many different things would've fallen into place. But, at the end of the day, I can't wish things away."
The issue brief stated that a "10% increase in median childcare prices was associated with 1 percentage-point lower county-level maternal employment rates." "High childcare prices and minimal public childcare investments are especially detrimental to employment among mothers with lower wages, as childcare affordability is out of reach," the researchers wrote. Childcare costs have outpaced inflation during the pandemic, according to one recent report, and the lion's share of childcare duties have fallen on women during the pandemic, causing them to leave the workforce en masse. Childcare workers made a mean hourly wage of $13.31 as of 2021, with the bottom 10% earning about $9 an hour. That's as childcare workers are more than twice as likely to live below the poverty line as those in other industries.
But Rhode Island, Delaware, and Ohio may also be great states for retirees. That's according to Insider's analysis of various datasets to find the best states for retirees to live in. Based on our methodology, 20 states ranked above Florida. According to our analysis and methodology, there were 20 states that ranked above Florida. The following are 20 states that may be great for retirees.
The number of working Americans aged 80 or over — such President Joe Biden — has risen from 1980. As seen in the above chart, 5.16% of Americans aged 80 and over had a job in 2022 as of October. Although the share of Americans age 80 and over with a job has tumbled some from it's high in 2018 per Insider's analysis, there are still plenty of older workers working past typical retirement age. And that's evidenced by poverty rates among older Americans standing higher than a decade ago as of 2021. However, not all older Americans want to keep working as they get older and will exit the labor force.
Some people part of the Great Resignation may be "quick quitting" and leaving jobs that they've been at for less than a year. Recession fears may impact those thinking about quick quitting. But there's a new twist: "quick quitting," which LinkedIn defines as leaving a position that they had for less than a year, according to its data. But for now, LinkedIn's analysis of short tenure rates using its own data show white-collar workers are among the workers quick quitting. Salemi said she's "cautious" though about people quickly quitting though because "it shouldn't necessarily be spontaneous."
The average 2022 cost for a "classic" Thanksgiving dinner for 10 is $64.05, according to results from the American Farm Bureau Federation. The overall average cost of a "classic" Thanksgiving dinner for 10 people, which includes things like a 16-pound turkey and a dozen dinner rolls, is $64.05. The following chart shows how the average cost of a "classic" Thanksgiving dinner has varied over time and just how much it has climbed this year from last year. The other 14 items noted for either a classic or updated Thanksgiving dinner will see some kind of increase in their average price from 2021. People concerned about higher prices on items they need for their Thanksgiving plans may find some deals and sales at stores.
The labor market is still tight, but employers are ready to hire from the pool of new college graduates. NACE found that respondents plan to hire 14.7% more 2023 graduates compared to the class of 2022. That's good news for workers, especially recent college graduates. "For instance, in many cases it costs less to hire a recent college graduate compared to a mid-career or senior-level professional." But it noted "only 6% expect to cut back on hiring new college graduates."
But big retailers might be slower to add temporary help this holiday season than in years past. Despite an eagerness for holiday work, economists from various career sites agree that seasonal hiring doesn't look so hot this year. For instance, Macy's is planning to hire fewer seasonal workers this year compared to last year, as Insider's Avery Hartmans reported. Target has a similar hiring goal as last year; it plans to hire up to 100,000 seasonal workers. Did you apply for a holiday hiring position because of economic reasons?
The US cities suffering most from inflation
  + stars: | 2022-10-18 | by ( Madison Hoff | ) www.businessinsider.com   time to read: +4 min
The year-over-year inflation rate is relatively high in the metro area of Phoenix, based on data for 23 metros. Inflation rates are relatively low in the metro areas of San Francisco, New York, and DC. US inflation data out last Thursday showed inflation remains elevated. The Bureau of Labor Statistics also provides inflation data for 23 of the nation's biggest metro areas, and the following chart shows year-over-year inflation rates for those cities. Americans across the nation are being affected by inflation, whether in the metro areas where inflation is above the national rate or not.
Stephen and Karen White retired in 2021, but then they rejoined the workforce. The couple made the choice to retire in the beginning of 2021 after visiting Washington, but the pandemic's impact also played a role. After both officially retired in the summer of 2021, skyrocketing inflation pushed the couple to walk back their plans and go back to the workforce grind. Stephen went back to work in education. "Workers who say they've retired regularly return to work after some time away."
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