High inflation, rising costs, rising interest rates and sluggish economic growth will continue in 2023. Maybe 2024 will be better.
Top 3 trends impacting the workforce in 2023
https://www.forbes.com/sites/sap/202...h=39f368b07a91
8 predictions for how the workforce will change in 2023
The workforce of 2023 will continue to evolve, resulting in more hybrid work policies and a greater focus on global candidates.
https://www.inc.com/young-entreprene...e-in-2023.html
Good news for hourly workers in 23 states:
New year brings minimum wage raises to 23 states
California, Connecticut, Massachusetts, New York, Oregon and Washington will be at or above $15 per hour.
https://www.huffpost.com/entry/state...b0ae9de1b06382
"Higher prices." Is anyone surprised? In 1989, the Consumer Price Index began including airline ticket prices. Airfares in 2022 rose by a record 36%, five times higher than the rate of inflation.
Fewer deals, higher prices: Here are the travel trends for 2023
https://www.aol.com/finance/fewer-de...182837373.html
To prevent shoplifting, many stores are keeping cosmetics, cameras, cellphones, electric shavers, video games and other products in locked glass cases – but honest shoppers are not happy about having to find an employee with a key so they can get what they want. Joe Budano, CEO of security device manufacturer Indyme, says putting products under lock and key should be "a solution of last resort." He cites data showing a 15 to 25% drop in sales for locked-up items.
New categories of products to be locked behind glass in Walmart, CVS and Walgreens
https://www.tellmebest.com/walmart-o...-retail-crime/
In November 2022, Amazon became the first company to lose a trillion dollars in market value. Amazon now has company. Shares of Apple closed today at 125.07, down 4.86 (3.74%).
Apple has lost $1 trillion in market value in a year
https://www.cnn.com/2023/01/03/tech/...ine/index.html
Mark Benioff, a former Oracle customer service executive, co-founded the cloud-based software company Salesforce in 1999 in San Francisco. The company went public in 2004. Shares of Salesforce closed today at 139.59, a gain of 4.79 (3.55%).
Salesforce to cut workforce by 10% after pandemic hiring spree
https://www.nbcnews.com/tech/tech-ne...pree-rcna64234
Last month when Amazon began laying off employees, CEO Andy Jassy said job cuts would continue into early 2023. Well, at least he was honest.
Amazon will lay off more than 18,000 workers
https://www.cnn.com/2023/01/04/busin...ffs/index.html
Roku was founded in 2002. The name means "six" in Japanese. It was the sixth company started by British-born billionaire Anthony Wood. Roku created the world's first internet-enabled operating system for televisions and in 2008 introduced a streaming media player. The company will now manufacture Roku-branded televisions and voice-controlled remotes.
Roku announces it will soon make its own TVs
https://www.cnn.com/cnn-underscored/...u-tvs-ces-2023
Bed Bath & Beyond, originally Bed 'n Bath, was founded in 1971 in Springfield, Massachusetts. Five years ago there were 1,350 Bed Bath & Beyond stores in the US and Canada. Now there are 771. (The company also owns Buy Buy Baby, One Kings Lane and Harmon Face Values.) Shares of Bed Bath & Beyond today closed at an all-time low of 1.69, a drop of 0.72 (30.05%).
Bed Bath & Beyond says it may not survive
https://www.cnn.com/2023/01/05/busin...ure/index.html
Amazon Prime membership costs 14.99 per month or $139 per year and includes free shipping for Amazon purchases. It will now include free shipping for purchases made on other websites – but how will Amazon benefit? Perhaps they're expecting more people will become Amazon Prime members.
Amazon expands ‘Buy With Prime’ to all US merchants
https://www.retaildive.com/news/amaz...ime-us/640037/
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