Americans can buy more McDonald's Big Macs per hour than workers in any other country, according to The Economist's annual (semi-serious) index of purchasing power parity. The news comes just as the WageIndicator Foundation announces that U.S. workers earn the highest hourly wages in the world. That's all well worth celebrating in a month when we patriotically commemorate the nation's birthday.
Job seekers are frustrated, and who can blame them? In this economy, it's not uncommon for educated yet unemployed adults to spend weeks in grueling job interviews, only to be offered the measly sum of $17 per hour. No benefits. Take it or leave it. In a bad business economy, it's a seller's market.
Unemployment insurance is the social safety net that allows workers and families to survive job scarcity in a volatile economy. Know the laws in your state.
Contrary to popular belief, it looks like Facebook hasn’t yet taken over every aspect of young people’s lives -- especially their career paths. According to global employer research and advisory company, Universum USA, good old Microsoft wins over the younger, popular social network when it comes to where recent graduates want to work.
If you want to start a new business, you might want to think about relocating. A recent report from the U.S. Chamber of Commerce shows that some states are better than others when it comes to starting up in the tech world. Does your state rank as one of the worst?
As the cost of college soars to unsustainable heights, its efficacy has been seriously called into question. Students now have direct access to employers, open-access online courses and a jaded outlook of "finding the right fit" when selecting a place to pursue their higher education. With so many colleges giving such a low return on investment, more people demand to know what they're actually paying for.
U.S. youngsters are having a tougher time finding work than their counterparts in other wealthy, large economies. What's going on here? In the land of plenty, shouldn't young talent have a smorgasbord of job offerings to choose from?
The national student debt now stands at more than $1 trillion. It marked the first time in U.S. history that college debt outnumbered credit card debt. A bill making its way through Congress aims to help Americans better deal with that burden of college debt.