Thursday, November 28, 2019

These are the 6 states where income is growing fastest

These are the 6 states where income is growing fastestThese are the 6 states where income is growing fastestIncomes are on the rise across the country, as zentralwert household income jumped by 2% overall, a new government survey has found.Residents in 42 of the 50 states saw an average increase in household median income between 2015 and 2016, as income fell overall in just seven states and Washington D.C.,According to the U.S. Census annualAmerican Community Survey.Here are the states where income is growing the fastest1. IdahoIncrease in median household income 5.9%Idaho was the No. 1 state for income growth in the nation - jumping from a median income of $50,007 to $52,997 - which may have been driven by a leap in local employment opportunities during 2016 as supply and demand forced employers to offer more to the limited local workforce, according to geschftliches miteinander Insider.2. MassachusettsIncrease in median household income 5.3%Massachusetts came in No. 2, jumping f rom a median household income of $73,161 to $77,026. But the change may not do much to assuage residents concerned about the states above-average cost of living, particularly in areas including housing and healthcare, as well as those who are opposed to a proposed tax increase for the wealthiest residents.3. OregonIncrease in median household income 4.9%Oregon saw its median household income rise from $56,090 to $58,853, according to ACS.So what is driving Oregons stronger income growth? Pretty much everything, Josh Lehner of the Oregon Office of Economic Analysis wrote in 2016, The biggest component here are wages, which have been consistently growing 6 or 7% annually in recent years. Withholdings out of paychecks have been even stronger, which matters for our revenue forecast. Right now Oregons total wages are increasing at the 6th fastest pace nationwide.4. North CarolinaIncrease in median household income 4.4%The state saw incomes rise from $49,546 to $51,746, coming on the heel s of a small but increased income the year before,according to reports. Still, the growth was behind the national average, and reflected the gap between rural and urban economies, experts said at the time.Big metro areas are booming and small towns and rural areas are struggling. It will take a major revitalization of rural North Carolina to change this, Mike Walden, a North Carolina State University economist, told North Carolina Public radio in 2015.5. ArkansasIncrease in median household income 4.2%The median household income jumped from $43,501 to $45,532, which may have stemmed from a sharp jump in farming-related earnings, according to the Arkansas Economist, a forum of the University of Arkansas at Little Rock.In addition to farm income, the fastest growing industry groups included mining, construction, real estate, educational services, and administrative and waste management services, the group wrote.6. New JerseyIncrease in median household income 4%The median household in come is one of the highest on the list, going from $77,813 in 2015 to $77,874 in 2016 but the jump in income may not come as a relief to residents who face some of the nations highest costs of living.

Saturday, November 23, 2019

6 ways to handle unreasonable work requests

6 ways to handle unreasonable work requests6 ways to handle unreasonable work requestsHeres a familiar scenario your boss or client asks you to increase wertzuwachs, revenue, or volume without a commensurate lift in budget or resources.At many points in mycareer, Ive beenfaced with the predicament of sky-high performance expectations that cant be fulfilled. The inability to manage expectations can damage your professional relationship - but this challenge can be easily taken care of by staying organized and communicative with those involved.Here are several ways that you can handle situations where a compromise is necessary.1. Sort out what work is doable and what is overwhelming youFaced with this dilemma, I have often needed to push aside the initial panic and fear of disappointing my clients or partners and think it throughcan I explain exactly why these expectations are too high and why they canbedrngnis be reached?If not, this may be a matter of being given too much at once and is still a problem that can be solved one step at a time. Its easy to be overwhelmed and think something cant be done until you buckle down to actuallydoit.But if youre up against too many obstacles, approach the work objectively and outline the tasks needed to complete the results youre asked to deliver. This will give you a starting point to work with at the very least.2. Ask a seasoned expert in your fieldYou arent the first person to be met with an unreasonable work request, and you wont be the last. Ask a colleague, manager or friend in your industry how they have dealt with the saatkorn problem. Has your same task been done before?One persons stress-free approach or simple steps to handle the seemingly impossible can help you put the task into perspective. What have they been able to achieve under the same time constraints and budget? Do they have a strategic approach to managing expectations?Maybe they have a great method of covering their bases early on in the process by ma pping out a worst-case scenario or keeping everything in writing. Humbling myself in this area has helped diversify my professional network and cultivate meaningful relationships with other experts.3. Emphasize examples of how realistic goals are fulfilledI have never had a client that is interested in hearing whynot. Instead, I use past examples of work my team has achieved with the resources we are working with.Highlight previous wins that show an increase in capability, but take note of how each key performance indicator was reached by re-tracing your steps. Maybe your last marketing campaign surpassed the original goals you set, and youve been asked to do it again only better this time.Were your past wins due to the time of year, the budget for original content production or having a real-time moment on social? Did you use special software to give your campaign a boost? Before agreeing to start what you cant complete, use previous wins as a roadmap for what youcando.4. Prioriti zeWhat is fruchtwein important to your client or boss? Listen to how they discuss goals and look at how the work youre given fits into a bigger picture.If community growth is key and your client wants increased numbers within a target demographic, will they care more about quality or quantity? If you cant have both, focus on what will give the results your client will be the happiest with.I have often found myself unable to fulfill every need, but I always start with working towards a single core goal of the project, leaving the nonessentials for later.5. Focus on the positiveHighlight whats working. Track the progress youre making and show what youve achieved since you began your project. I have a personal rule to never reportonlyan isolated downturn, setback or obstacle.For every piece of bad news, you can have something good to show for what you have been working on. Showing due diligence on your end, whether its with a report or status call, makes it difficult for anyone to attr ibute unmet goals to your own negligence.This is a simple way to cover your bases, showing that you are doing everything you can to get to where youre asked to be.6. Dont waitBefore signing a contract or scope of work and before you say Sure, no problem, explains why the goals and workload arent aligned and make sure that your client or boss is aware of this.Communication is essential to protect yourself from being the scapegoat for attempting the impossible. You can begin to manage expectationsbeforeyou begin working on your project. Explain what you will do in order to work toward the goals outlined, but that those steps may not suffice in achieving them because of what youre up against.Leaving this until the last minute can spell out an unpleasant outcome. Your client or boss should not be surprised if youve consistently communicated what you are capable of.This article originally appeared on BusinessCollective.

Thursday, November 21, 2019

Unemployment Rate Falls to 10 Percent. Vault Readers Call It

Unemployment Rate Falls to 10 Percent. Vault Readers Call ItUnemployment Rate Falls to 10 Percent. Vault Readers Call ItWhichever, well take it for now. The job shrinkage figure is the lowest since December 2007- the month the recession officially began. And, after watching the figure climb for so long, even a plateau would have been welcome this month. A fall, then- however modest- is all the more welcome.Its important, however, not to read too much into the figure at this stage. As the graph below shows, slight corrections arent unheard of in this recession- indeed, we brde saw one as recently as July, only to see a spike the following month.By the way, the poll we conducted on jobseeker sentiment back in November suggested that the market was either plateauing or getting easier. Id love to take the credit on being proved right, but the poll didnt reflect my opinion- it reflected the opinions of Vault readers, so take a collective bow for your finger-on-the-pulsiness.-Posted by Phi l Stott, Vault.com