u/Spacetravller2060

Kidding! Taken from this interesting article by the World Economic Forum about post-AI workforces. According to this, candidates with AI-related skills command, on average, an advertised salary 23% higher than otherwise comparable candidates without those skills.

Plus, a study analyzing US job postings from 2018 to 2024 shows that AI-related roles were much more likely to advertise benefits such as generous parental leave, flexible working arrangements, and remote or hybrid work options. AI jobs are roughly twice as likely to include parental leave benefits and around three times as likely to offer remote work.

As per Politico: German Chancellor Friedrich Merz said last Friday he would no longer advise young people to move to the U.S. for work or study.

Speaking at a gathering of German Catholics in the southwestern city of Würzburg, Merz said: “I would not recommend to my children today that they go to the U.S. to get an education and to work”.

The chancellor explained that “the social climate that has suddenly developed” in the U.S. had become deeply concerning and argued that “even the best educated in America have great difficulty in finding a job.” 

“I am a great admirer of America,” Merz added, drawing laughter from the crowd, “but right now my admiration is not increasing.”

Ok so this is the UK…which is cheaper than the States because you’re not paying the same for healthcare and wages are lower so prices are (somewhat lower).

But as per the piece:

Rathbones, an investment management company, has estimated that a 25-year-old today who wants to live “comfortably” for a quarter of a century after retirement will need a pension pot of £3.1m. For a two-person household, the figure is £4.3m.

It’s all down to inflation. Rathbones came up with the figure by assuming 2% annual inflation and contributions increasing by the same percentage, while the pot grows at an average of 5%.
So how much would they have to save to achieve that? Roughly £1,600 a month for a single person.

What the hell!

I feel like any time I inhale oxygen in SF, I get a $300 bill. But according to this cost calculator, it’s way cheaper than NYC. T/F?

Article in Fortune claims that the economy’s actually fine - “Last week’s data showed that unemployment is at its lowest point since 2022. Nationally, what’s called prime-age employment - jobs for those between 25 and 54 - hovers around 80%.” But that there are deep geographic fractures - in about 1 in 3 American counties, prime-age employment lags the national average by five percentage points or more. When this is the case, there are fewer paychecks, a smaller tax base and a growing sense that hard work doesn’t lead anywhere. 

And it would be easy to be in a place that isn’t economically productive, because economic growth is enormously concentrated here! “ In 2020, just over a hundred of America’s 3,000-plus counties accounted for half of all U.S. job growth.”

Is this you?

Based on reviews from people who’ve worked there! In reverse order…drum roll please:
10. Westpac (banking)
9. Jones Day (law)
8. White & Case (law)
7. Albemarle (manufacturing)
6. Wiley (law)
5. Gibson Dunn (law)
4. Tom (media)
3. Sullivan & Cromwell (you guessed it…law)
2. KKR & Co L.P. (investment)

1. Total (oil and gas)

More company rankings by sector here: https://www.zippia.com/company/

Admittedly this was a while back - but I still vividly remember wanting to retrain as a programmer in the mid 2010s because it seemed like safe money. Now Meta is planning to eliminate 10% of its workforce (that’s 8,000 people) and close 6,000 open roles. Wtf!

Employee tenure in the U.S. is at its lowest since 2002, averaging just 3.9 years, according to the U.S. Bureau of Labor Statistics. And it’s not just about  early-career employees; this trend is also reflected in the C-suite. Apparently there’s strengths to this - it demonstrates that you’re adaptable and quick to learn new company cultures, and you’d presumably have a better breadth of skills.

But some companies apparently see it as a sign that you’re unreliable and likely to stick around for long. Aware that I look like more of a “hopper” - took me a while to find the right career for me and then to find the right company within that field. But I’d been at my last job six years and have taken a new role and I’ve got a sinking feeling it’s not the right fit. Have been there for six months because was trying to stick it out but I keep getting full of dread on Sundays.

Does this job hopping thing matter so much?