The US economy added 223,000 jobs to nonfarm payrolls in May, surpassing expectations of economists surveyed by Reuters. The unemployment rate edged down to 3.8%, the lowest point in 18 years.
Vermont has enacted a law that pays people as much as $10,000 if they move there and work from home or at a co-working space. The law, which does not apply to existing residents, takes effect Jan. 1.
Fifty-four percent of financially stressed employees say they may use their retirement funds for other expenses if necessary, according to a survey by PwC. "Our survey indicates that the main reason people invade their retirement plans is due to an unexpected expense, emergency and/or to defray medical expenses," says Kent Allison of PwC.
Probationary periods may be common when hiring, but they can also be counterproductive, writes Ira Wolfe. A better approach, especially in a tight job market, involves focusing on developing a smooth onboarding process with the goal of achieving long-term retention, he writes.
The US Geological Survey has told residents of Hawaii not to roast marshmallows over lava. The advice comes in response to a Twitter user's question of whether marshmallows can be roasted over volcanic vents and whether those marshmallows would be poisonous.
