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Where laid-off tech workers are going

During the height of the COVID-19 pandemic, technology was in high demand. It helped workers clock in and earn paychecks from the safety of home as well as keep in touch with family and friends. Many tech leaders say they mistakenly thought those trends would be stickier than they have actually been, as higher interest rates have driven consumer credit debt up—and consumer spending on goods down. At the same time, tech workers, ironically, were not overwhelmingly happy with their jobs, surveys suggest. Some reports from idle employees suggest tech firms may have had a difficult time integrating new hires.
By Dom DiFurio

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Where laid-off tech workers are going
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The states with the lowest cost of living

The states with the lowest cost of living

Americans face a dilemma. The consumer price index rose 7% in December, and while wages have risen recently, they have not, for the most part, kept up with inflation. The median household income in the U.S. dropped 2.9% in 2020 to $67,521, in fact. Even as inflation increases the cost of living nationwide, the cost of living is not uniform between states. The state with the lowest cost of living is Mississippi. 

(These are the best places to live on a budget of $30k.)

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Terry Savage: Retiree medical costs are soaring

If you’re a retiree dealing with Medicare, you’ve just noticed that your increased (5.9%) Social Security benefit is being reduced substantially by rising costs for Medicare Part B and Part D (your drug plan), as well as by increased costs for drugs that may be only partially covered by insurance.
The worst cities to find a job for recent graduates

The worst cities to find a job for recent graduates

Using data from the Bureau of Labor Statistics and U.S. Census Bureau, 24/7 Wall St. created an index of six key measures to identify the worst cities for recent college graduates to find a job. Index measures are related to job growth, financial security, earnings, and employment opportunities for the young and the college educated. The disadvantages that recent graduates at the beginning of their career face in many of the metro areas on this list vary. One of the most common disadvantages is a lack of employment opportunities in fields that typically require a college degree such as information, finance and insurance, professional, scientific, and technical services. For similar lists visit 24/7 Wall St. .

Terry Savage: Get ready for taxes again

Well, here’s a topic I hate to bring up this early in the year, but it’s time to think about filing your 2021 income taxes sometime in the next two months.
The best-paying large companies in America

The best-paying large companies in America

To determine the best paying large companies in America, 24/7 Wall St. ranked companies by their average annual salaries and bonuses as reported by the compensation data site PayScale and was current as of October 2021. Only companies with at least 500 employees and 75 employee reviews on PayScale that were also included in workplace industry site Comparably’s Best Compensation 2020 list were considered. In cases where two companies tied in combined average annual salary and bonus according to PayScale, the one with the higher ranking by Comparably was ranked higher. (Supplemental data on employee count and annual revenue came from SEC filings, annual reports, and various other sources.) For similar lists visit 24/7 Wall St. .
10 notable people who broke barriers in the business world

10 notable people who broke barriers in the business world

Assemble compiled a list of people who, from the early days in the United States to the present, broke the glass ceiling across a variety of industries. The pioneers on this list include two Black women self-made millionaires. They include a woman who fought for a seat on the biggest financial exchange in the world, and a Cuban man immigrant who brought prosperity to a well-known American corporation. They are leaders, activists, and forward thinkers who would not stop no matter their race, ethnicity, or gender. Visit thestacker.com for similar lists and stories.
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These are the 26 jobs you are most likely to quit

These are the 26 jobs you are most likely to quit

Using data from the Bureau of Labor Statistics, 24/7 Wall St. . identified the 26 jobs you are most likely to leave. Occupations are ranked by the separation rate — the share of the workforce projected to leave each year between 2019 and 2029. The separation rate not only includes workers who quit, but also those who are fired or laid off. It is important to note that even before the pandemic, turnover in most of the occupations on this list was higher than average. Many of these occupations are entry-level positions, and while they have high separation rates, open positions are usually filled with new hires. In fact, in most occupations on this list, overall employment is projected to increase in the coming years.