First-time jobless claims total a lower-than-expected 364K | Signing bonuses move from white-collar to blue-collar | Capital One offers employees hybrid work schedule
Initial jobless claims reached 364,000 last week, coming in lower than the 390,000 that Dow Jones had predicted. It was the lowest total since the start of the health crisis last year.
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In June, almost 20% of ZipRecruiter job listings offered a signing bonus, up from 2% in March. The bonuses -- often $1,000 -- are being offered by restaurants, pest control companies and trucking companies and by 10 states as a way to encourage unemployed workers to return to the job market.
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Seventy-nine percent of workers plan to take more paid time off in 2021 and 82% won't be in contact as often with work during their vacation time, according to a Korn Ferry survey. However, 56% said vacation time had been canceled or disrupted owing to demands at work and 61% reported contacting work at least once each day during paid time off.
Receiving approval from others feels good, but it's not worth compromising your integrity, writes Gregg Vanourek, who advises being self-aware and setting boundaries to stay on track. "The expectations of others are a terrible guide for deciding what's right for us in our own particular context," Vanourek writes.
A flying car prototype from Klein Vision that features retractable wings and tail recently completed a test flight between two Slovakian cities. Other companies such as Volkswagen, Hyundai and Porsche are developing flying cars or backing startups that have prototypes in progress.
In observance of Independence Day in the US, SmartBrief will not publish Monday. Publication will resume Tuesday.
About the Editor
Kanoe Namahoe
I’m a bit blurry-eyed this morning after staying up until midnight watching Merrie Monarch, Hawaii’s premier hula competition, which kicked off last night. Rosemary Kaʻimilei Keamoai-Strickland of Ka Lā ʻŌnohi Mai O Haʻehaʻe was crowned Miss Aloha Hula 2021. Running a very close second -- just one point behind! -- was Ashley Lai of Hālau Ka Liko Pua O Kalaniākea.
And I’ll be tuning in again tonight for the kahiko competition. Kane kahiko is my favorite of the entire event (fast forward the video 23 seconds in to see the winning kane kahiko from 2019). Want to check it out? Tune in online tonight at 6 p.m. HST.
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