For quite a while now, employees have been able to call the shots as the labor market remained tight. They could job hop and get higher wages too. Well now, the balance of power is shifting back to the employer and workers with high hopes for raises in the coming year may be disappointed. Companies are adjusting budgets for salaries, and it doesn’t look like it is keeping up with inflation or expectations. Matt Boyle, senior reporter at Bloomberg News, joins us for what to expect.
Next, where have all the coupons gone? As high inflation continues to hit us, many are looking for deals anywhere they can, but paper coupons and even digital ones are harder to come by. Circulation is down and redemption rates have also plummeted as people just don’t have the time to sort them all and smartphones have made other shopping incentives possible. Lydia DePillis, economy reporter at the NY Times, joins us for what to know.
Finally, as the workplace landscapes have changed with remote work and others starting different jobs, many have been using their cell phones instead of old business lines and caller ID has been outing people. Because caller ID is linked to the main account holder, many young professionals are being outed as still being on their parents’ phone plane. Lindsay Ellis, careers reporter at the WSJ joins us for more.
See omnystudio.com/listener for privacy information.