Month: May 2023

Despite Layoffs, Unemployment Is Lowest in 50 Years

The economy added a very robust 253,000 jobs in April, above economists’ expectations of around 175,000. While this month’s report signals continued strength of the labor market, job gains for February and March were revised downward substantially by 149,000. The labor market was slightly cooler than we thought in the first quarter of 2023. The […]

Written by on May 5, 2023

The Costs of Keeping Compensation a Secret

What an employee is paid isn’t only how they pay their bills and living costs, but it also determines their quality of life. So, needless to say, employees care about their pay, and rightly so! Yet a Glassdoor survey found that only 15% of employees say their employer openly discusses pay scales internally, and 75% […]

Written by on May 4, 2023