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Job Market

Job Market Gains Ground In June

Fewer Americans applied for unemployment benefits last week, prompting speculation that the job market could be building momentum. This is positive, since the more people have jobs, the more they may be able to qualify for cash loans to cover any unexpected expenses they can’t afford.

During the week ending June 7, claims for unemployment benefits fell by 26,000 to a seasonally adjusted 350,000, according to a report from the Department of Labor. This is the fewest claims there have been since the end of the first quarter in 2021, though the improvement was believed to have been caused by fewer temporary auto industry layoffs that often occur in the summer months.

It’s believed an increase in consumer demand for automobiles caused fewer layoffs, but experts warn that this trend may not last for very long.

Although the national rate improved, there were still areas with struggling job markets. The report indicated that California, Kentucky, Michigan, New York and Oklahoma experienced the largest increases in jobless claims during the week. In contrast, Florida, Maryland, Massachusetts and Texas reported the biggest improvements.

As the job market builds momentum, if you have been one of the lucky ones who has maintained employment, it might be time for a promotion, especially if your company is expanding.

According to LearnVest, there are a number of ways to go about getting a promotion, such as working hard and having a consistent track record. However, there may be some more unconventional ways to go about landing a promotion, and hopefully a pay bump.

Tell A Boss When They’re Wrong

A recent survey from the website found that many bosses actually like when an employee challenges their thinking, especially if they know they’re right. Although, this doesn’t mean you should challenge your boss every chance you get. Instead, pick and choose these battles carefully so you don’t get on their nerves.

If you can, try to provide facts, examples and data on why you’re correct. Doing so could provide the evidence you need to stay on your boss’ good side.

Be Direct When You Have Bad News And Offer A Solution

Issues arise on a daily basis in most workplaces, says LearnVest. How you handle these situations is often more important than preventing them in the first place. If you can, try to be the first one to tell your boss, and better yet, devise a solution before you bring up the issue.

Since it’s ultimately a manager’s responsibility to be aware of major problems at a company and resolve them it’s good to keep them in the loop, but don’t bother them with every little slip-up.

Smile Regularly And Keep The Workplace Drama-Free

If you have personal problems with co-workers that aren’t work-related, don’t bother your boss with this drama. An inability to work with peers that have different personalities can be a major red flag for managers. It could indicate that once you’re in charge, and have to deal with even more people on a regular basis, you may not be able to mesh.

Additionally, try to smile as often as possible, even if you hate your job, recommends the website. While overdoing it can come off as creepy, your positive attitude can rub off on the people around you. In contrast, if you constantly act miserable, it can negatively affect the productivity of both yourself and coworkers.…

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vacation

Taking a vacation from work can be good for both the body and mind

Whether this takes you to the sandy beaches of an exotic location or a destination just a few short hours away, make sure you don’t use a payday loan advance to cover expenses, since your trip should fit into your budget. Nowadays, technology keeps employees connected to their office from nearly anywhere, and this can make it easy to continue working while on vacation. However, do this and you’ll miss out of your rest and relaxation. According to Fortune Magazine, there are numerous reasons why you should check out from the office completely while on your break.

Trust Your Peers

One of the biggest reasons some workers constantly check-in on their work while on vacation is because they don’t trust anyone else to do their job. However, a recent poll from Robert Half Management Resources found that a majority of chief executive officers say they trust their teams enough that they don’t plan on staying in the loop while they’re away.

This response was nearly double what it was two years ago when the survey was last conducted, as only 26 percent of CEO shared the same plans.

“We’re seeing a continuing trend of executives unplugging completely while on vacation,” Robert Half senior executive director Paul McDonald told the news source. “It may indicate that managers have a stronger level of confidence in their teams and processes and, as a result, feel more comfortable leaving others in charge.”

You Will Come Back Refreshed

Vacation time can play a major role in the productivity of an office. However, many employees can only come back feeling rejuvenated if they make a clean break from work altogether while they’re away.

Not only can a vacation be good for productivity, it can benefit a worker’s physical health too. Recent medical data indicates that women who take two or more vacations per year that involve no office check-ins cut their risk of heart disease in half. Men with similar habits reduce their chances by 32 percent.

Networks May Not Be Secure

One major technological downfall of using the internet connection at hotel, resorts and golf courses, is that they are generally not as secure as those in an office or home. Since many employees deal with sensitive material, such as client info, invoices or company accounting data, this information could be detrimental to a company if it gets into the wrong hands.

Although a vacation can be very beneficial to your mental and physical health, it doesn’t mean you have to break the bank in the process. Instead, Ernest has some advice on how to save money getting there and once you’ve arrived.

Compare Travel Options

Depending on when you want to travel, the costs of transportation can vary significantly. Do a little math to determine how much it will cost to drive to your destination. This includes gas and potential lodging along the way.

Meanwhile, flying may be a more realistic option. Flying on certain days of the week can be more affordable than others. For example, a midweek flight is most likely cheaper than one on Thursday or Friday, says the news source.

Traveling by train and bus could also be options. While these aren’t as luxurious as airplanes or private vehicles, if you’re on a budget, traveling this way could save a considerable amount of money.

Avoid Popular Areas

Booking a hotel room in middle of a hot spot might be convenient, but rates are often much higher, warns Ernest. If you don’t mind traveling around once you get to your destination, getting a room slightly off the beaten path could be more affordable.…