The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It’s yet another data point that underlines the country’s economic strength, even in the face of 11 rate hikes from the Federal Reserve.
The US economy added a whopping 353,000 jobs last month, far more than the 176,500 jobs expected. It’s yet another data point that underlines the country’s economic strength, even in the face of 11 rate hikes from the Federal Reserve.
For the average Joe, economy doing well means the job market is healthy, robust in the aggregate. All this does is give you the leverage to renegotiate salary/benefits or change jobs.
Regardless how much money your boss makes, even if he makes tenfold from last year, he’s not going to voluntarily increase your pay beyond annual adjustments.
At the end, you need to take the initiative to change your income.