American workers are demanding almost $80,000 a year to take a new job | How to Make Learning More Automatic | On China’s property mess and its banks’ ‘impossible trinity’ | Financial Times

View online | Unsubscribe (one-click). For inquiries/unsubscribe issues, Contact Us

Don't like ads? Go ad-free with TradeBriefs Premium American workers are demanding almost $80,000 a year to take a new job - CNBC    The amount of money most workers want now to accept a job reached a record high this year, a sign that inflation is alive and well at least in the labor market. According to the latest New York Federal Reserve employment survey released Monday, the average "reservation wage," or the minimum acceptable salary offer to switch jobs, rose to $78,645 during the second quarter of 2023. That's an increase of about 8% from just a year ago and is the highest level ever in a data series that goes back to the beginning of 2014. Over the past three years, which entails the Covid-19 pandemic era, the level has risen more than 22%. Continued here You Might Like � � � � � � � � � How to Make Learning More Automatic - Harvard Business Review    The new year is here, and for many of us, that means resolutions. At work, it often translates into a vague desire to broaden our horizons or learn new things. But to really make consistent progress, we need to make learning a habit. Habits are freeing because they save us from the difficult, draining business of making decisions and exercising our self-control. Because about 40% of everyday life is shaped by habits, if we have habits that work for us we’re far more likely to be happier, healthier, and more productive. Continued here On China's property mess and its banks' 'impossible trinity' - FT    Plenty of pixels have been devoted to China's property problems — especially as the grace periods on Country Garden bonds slip away. Now Goldman Sachs has a handy Q&A out with a summary of its main analysis on the country's property-sector collapse, where the bank tries to unpack the potential implications for its financial system and markets. So we thought we would cover some of the main points. First, China's property sector has a lot of debt! (And not only in "that's a big number" terms, that's relative to GDP as well.) From the bank: Continued here

You are receiving this mailer as a TradeBriefs subscriber. We fight fake/biased news through human curation & independent editorials. Your support of ads like these makes it possible. Alternatively, get TradeBriefs Premium (ad-free) for only $2/month If you still wish to unsubscribe, you can unsubscribe from all our emails here Our address is 309 Town Center 1, Andheri Kurla Road, Andheri East, Mumbai 400059 - 437931932