Firms Offering Remote Work Option Have Seen a 1.9% Growth in Their Workforce

1.9% 
Companies offering full remote work options have grown their headcount by 1.9% in the past three months, while those mandating full-time office work grew by just 0.8%. Over the last year, fully remote companies saw 5.6% growth, outpacing hybrid and in-office setups, as reported by Scoop. 

7% 

Economists had gloomy predictions, expecting the Federal Reserve's rate hikes to lead to reduced spending, job cuts, and possibly a 7% unemployment rate. However, the actual outcome has defied expectations, with unemployment staying low at 3.8% and inflation declining from 9.1% in June 2022 to 3.7%. 

100,000 

UPS is set to hire a significant 100,000 holiday workers, as reported by CNBC. This large-scale hiring initiative underscores the company's readiness to meet heightened seasonal demands. Additionally, UPS is offering a pay increase to Teamsters, emphasizing their commitment to workforce welfare. 

$1.6 

The wage gap in the U.S. translates to a staggering cost of $1.6 trillion per year for women. In 2022, women earned only 78 cents for every dollar earned by men, as reported by the National Partnership for Women and Families. This substantial economic impact underscores the ongoing need to address and rectify gender pay disparities. 

300 

The Federal Reserve is quietly cutting approximately 300 jobs by the end of the year, marking its first headcount reduction since 2010. The cuts involve a mix of layoffs, early retirements, and not filling vacant positions, with a focus on support roles and redundant technology positions, according to a Fed spokesperson.