The latest jobs report revealed that U.S. employers added 206,000 jobs in June. The good news is that although interest rates are still high, the American economy is still jugging along nicely. The bad news, if we can call it that, is that the June job growth was down from the prior month (218,000). The economy is still growing, but slower.   As reported by the Associated Press (and published in Inc.) “Economists been repeatedly predicting that the job market would lose momentum in the face of high interest rates engineered by the Fed, only to see the hiring gains show unexpected...

There are now five generations working together. It's causing problems we've never seen before.

How can a basic psychological principle benefit your business? Employees are hard to find. Good employers are even harder to find. If you’re lucky enough to hire the latter, you might find it a struggle to keep them. WHY DO EMPLOYEES LEAVE? Although there are multiple reasons an employee may leave, in the end, almost all of them boil down to one thing: stress. If an employee is stressed, they are not going to be happy. If they are not happy, they’ll only be with you until they find something else. To avoid this, you need to meet their needs. What better metric to...

Ever since the pandemic up ended the status quo and changed the definition of “work”, the business community has been attempting to sort through the detritus to find the new status quo. A few years of data are now available, and answers to the question “what comes next” are starting to emerge. A recent report by Scoop, a hybrid work management startup, has tracked revenue growth at 554 public companies. The report finds that companies that offer employees a choice of whether to commute to the office or commit to another option outperformed the revenue growth of their more restrictive (in-office) competitors...

Your Best Investment Your competition may be bigger with greater resources, but you can always be smarter than they are!   Many people are obsessed with tracking interest rates on mortgages, other types of loans, and rates of return on investments. Historically, these rates can fluctuate wildly. In 1981, mortgage rates were over 18%. In 2022 they were hovering around 3% or less.   In 1980, the yield on a 10-year treasury bond was a whopping 16%. Rates in 2023 are averaging under 4%. Over the last 50 years, the stock market has returned an average of 10% yearly. Of course, for many smaller investors,...