Nearly half a billion people globally struggle to work enough, says UN labor agency

More than 470 million people worldwide are working fewer paid hours than they would like to or lack access to paid work, according to a report by the International Labour Organization (ILO). The United Nations agency found that in addition to the 188 million people unemployed globally, there were a further 165 million adults unable to get enough paid work. Along with another 120 million people who had given up actively searching for work or had less adequate access to jobs, this totaled close to


More than 470 million people worldwide are working fewer paid hours than they would like to or lack access to paid work, according to a report by the International Labour Organization (ILO).
The United Nations agency found that in addition to the 188 million people unemployed globally, there were a further 165 million adults unable to get enough paid work.
Along with another 120 million people who had given up actively searching for work or had less adequate access to jobs, this totaled close to
Nearly half a billion people globally struggle to work enough, says UN labor agency Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-23  Authors: vicky mckeever
Keywords: news, cnbc, companies, world, working, workalong, work, nearly, worldwide, million, globally, agency, billion, report, unemployment, paid, access, half, struggle, labor


Nearly half a billion people globally struggle to work enough, says UN labor agency

More than 470 million people worldwide are working fewer paid hours than they would like to or lack access to paid work, according to a report by the International Labour Organization (ILO).

The United Nations agency found that in addition to the 188 million people unemployed globally, there were a further 165 million adults unable to get enough paid work.

Along with another 120 million people who had given up actively searching for work or had less adequate access to jobs, this totaled close to half a billion people struggling to earn a sufficient living.

This was the finding of ILO’s “World Employment and Social Outlook: Trends 2020” report, which also predicated unemployment to increase by around 2.5 million in 2020.

However, after nine years in decline, the rate of global unemployment remained unchanged in 2019, at 5.4%, and is expected to stay the same for the next two years, due to fluctuations in the population seeking work.


Company: cnbc, Activity: cnbc, Date: 2020-01-23  Authors: vicky mckeever
Keywords: news, cnbc, companies, world, working, workalong, work, nearly, worldwide, million, globally, agency, billion, report, unemployment, paid, access, half, struggle, labor


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The right side hustles helped a zookeeper and her spouse pay off $98,000 in debt in under 3 years

Steffa wanted to quit and stay home instead, but there was a problem: She and CJ were also $205,000 in debt. Before she quit, the Mantillas vowed to pay off their $40,000 in non-mortgage debt. “Basically, we never said ‘no’ to anything because we figured we could afford it,” Steffa realized. Steffa Mantilla personal finance blogger, zookeeperAny overtime or extra commission money earned by CJ went towards the debt as well. Courtesy Steffa Mantilla”When we paid off the debt — everything except th


Steffa wanted to quit and stay home instead, but there was a problem: She and CJ were also $205,000 in debt.
Before she quit, the Mantillas vowed to pay off their $40,000 in non-mortgage debt.
“Basically, we never said ‘no’ to anything because we figured we could afford it,” Steffa realized.
Steffa Mantilla personal finance blogger, zookeeperAny overtime or extra commission money earned by CJ went towards the debt as well.
Courtesy Steffa Mantilla”When we paid off the debt — everything except th
The right side hustles helped a zookeeper and her spouse pay off $98,000 in debt in under 3 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: ben jay
Keywords: news, cnbc, companies, spouse, mortgage, pet, job, debt, paid, zookeeper, realized, 98000, right, pay, helped, steffa, hustles, budget


The right side hustles helped a zookeeper and her spouse pay off $98,000 in debt in under 3 years

Steffa Mantilla started out in the bird department at Chicago’s Brookfield Zoo before reaching her goal of becoming a senior cheetah keeper at the Houston Zoo. But in 2017, after 11 years as a zookeeper, the job had begun to take its toll. Mantilla’s earnings had remained nearly stagnant over the course of her career, the hours were terrible, and she wasn’t interested in moving up to a management position and limiting her work with animals. She made about $15/hour as a zookeeper in Houston, or about $1,800 each month, which was just $2.50/hour more than she earned at her first real job in at the Brookfield Zoo. Her husband CJ earns about $70,000 annually as a medical device sales rep, plus bonuses for hitting sales quotas, which can add thousands of dollars onto their joint income. With the baby on the way, they were also expecting to pay $900/month on child care. Steffa wanted to quit and stay home instead, but there was a problem: She and CJ were also $205,000 in debt. They had a $165,000 mortgage, a $26,000 car loan, $12,000 in student loans, and iPhones purchased on a payment plan for $2,000. They made a $1,200 mortgage payment every month but were treading water otherwise: They never added to the load but they didn’t reduce it either. Before she quit, the Mantillas vowed to pay off their $40,000 in non-mortgage debt. They were able to not only achieve their goal, but exceed it: Two and a half years later, the couple has paid off $98,000, including every last penny of their non-mortgage debt, thanks to Steffa’s smart choice of side hustles and some strategic cutbacks. Here’s how they made it happen.

Steffa Mantilla with Cleo (left) and with her son and husband, CJ (right). Courtesy Steffa Mantilla

The strategy: Prioritize, and start a lucrative side hustle

Once Steffa decided to leave her job in 2017, she and CJ sat down to overhaul their budget. A review of their household budget revealed that they spent an average of $800 each month at restaurants and about $600 on groceries, as well as hundreds more on “lots of expensive outings.” They also highlighted one-time expenses that were beyond their means, such as the $20,000 they spent on a week-long trip to Africa. “Basically, we never said ‘no’ to anything because we figured we could afford it,” Steffa realized. They reduced these expenses, since they feared entirely eliminating them outright would be too big of a lifestyle adjustment to maintain. “One thing we realized was that we couldn’t make our budget superstrict or we wouldn’t stick with it,” says Mantilla. They “budgeted for one or two restaurants a week.” By cutting back on dining out and planning meals and grocery purchases instead, which they coordinated through an app, Steffa and her husband were able to free up about $1,800 in their budget each month, which they put toward paying off their debts.

One thing we realized was that we couldn’t make our budget superstrict or we wouldn’t stick with it. Steffa Mantilla personal finance blogger, zookeeper

Any overtime or extra commission money earned by CJ went towards the debt as well. Devoting that money exclusively to debt payments and living entirely on CJ’s salary also allowed them to evaluate whether it would be feasible for her to quit. Once all the adjustments were made and they committed to a monthly budget, they realized that, if Steffa left her job, they’d only be $500 short of what they needed to make ends meet and keep up with their mortgage payments. With years of professional experience handling animals, pet sitting was an obvious way to make up the difference. The Rover account Steffa set up after quitting quickly built enough of a client base to earn $500/month taking care of cats and walking dogs. “I could market it pretty easily, to hire a former zookeeper to take care of your pet,” she says.

The celebration: Fancy dinner and, soon, a vacation

In two and a half years, the Mantillas have paid off about $98,000 in debt: They wiped out all $40,000 of their non-mortgage debt and then paid down $40,000 of the mortgage. More recently, they paid an additional $18,000 toward the mortgage with money from CJ’s bonuses. They still have $107,000 left on the mortgage, but they’re on track to pay it down over the next three years. Since quitting her full-time job, Steffa’s monthly earnings total about $500, with about $250 to $300 coming from a few regular pet sitting clients and another $250 from affiliate marketing on her personal finance blog, Plantsonify. The biggest payoff, however, is that working as a freelance pet sitter has allowed her to achieve a work-life balance that’s sustainable for her. Steffa’s son is able to accompany her on her pet visits, and she’s in-demand enough to accept only clients with cats and small to medium-sized dogs.

Courtesy Steffa Mantilla

“When we paid off the debt — everything except the mortgage — the celebration was, ‘Yay, now we have a baby! And I can stay at home!'” says Steffa. “We just went out to dinner, we didn’t do anything supercrazy. And then we were basically superexhausted for the next few months with the baby.” The main goal right now is to pay off the house. Once that’s done, they’re hoping to take an international vacation. Spain is on their list of potential destinations.

The opportunity: Saving for retirement


Company: cnbc, Activity: cnbc, Date: 2020-01-22  Authors: ben jay
Keywords: news, cnbc, companies, spouse, mortgage, pet, job, debt, paid, zookeeper, realized, 98000, right, pay, helped, steffa, hustles, budget


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Citigroup recorded a 27% gender pay gap — so it hiked some women’s wages

A staggering gender pay gap at one of the U.S.’s top Wall Street banks has prompted the company to readjust the salaries of some of its female employees. Citigroup recorded a 27% shortfall in the average pay of its female employees compared to their male peers for 2019, the bank revealed Thursday. The figure, which is based on “raw” data and does not take into account seniority, title or location, marks a slight reduction on the previous year, when its gender pay gap stood at 29%. The pay gap fo


A staggering gender pay gap at one of the U.S.’s top Wall Street banks has prompted the company to readjust the salaries of some of its female employees.
Citigroup recorded a 27% shortfall in the average pay of its female employees compared to their male peers for 2019, the bank revealed Thursday.
The figure, which is based on “raw” data and does not take into account seniority, title or location, marks a slight reduction on the previous year, when its gender pay gap stood at 29%.
The pay gap fo
Citigroup recorded a 27% gender pay gap — so it hiked some women’s wages Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-17  Authors: karen gilchrist
Keywords: news, cnbc, companies, male, hiked, wages, gap, citigroup, employees, womens, female, gender, salaries, recorded, pay, previous, bank, paid


Citigroup recorded a 27% gender pay gap — so it hiked some women's wages

A staggering gender pay gap at one of the U.S.’s top Wall Street banks has prompted the company to readjust the salaries of some of its female employees.

Citigroup recorded a 27% shortfall in the average pay of its female employees compared to their male peers for 2019, the bank revealed Thursday.

The figure, which is based on “raw” data and does not take into account seniority, title or location, marks a slight reduction on the previous year, when its gender pay gap stood at 29%.

The pay gap for U.S. minorities was 6%, a percentage point less than the previous year.

To be sure, when adjusted to compare like-for-like employees, the bank said its female staff were paid 99% of what their male counterparts were paid. But it noted that it had further to go; writing in a blog post that it had made “appropriate pay adjustments” this year to balance the salaries of comparable roles.


Company: cnbc, Activity: cnbc, Date: 2020-01-17  Authors: karen gilchrist
Keywords: news, cnbc, companies, male, hiked, wages, gap, citigroup, employees, womens, female, gender, salaries, recorded, pay, previous, bank, paid


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Amazon tells users to uninstall a product that PayPal just paid $4 billion for

Amazon has a beef with the start-up PayPal recently acquired, Honey. During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.” PayPal paid $4 billion for Honey in December — the largest acquisition in the payment company’s history. It works through a browser extension known as a “plug-in” that automatically searches for discounts as customers shop on sites like Amazon. PayPal was once a part of Amazon competit


Amazon has a beef with the start-up PayPal recently acquired, Honey.
During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.”
PayPal paid $4 billion for Honey in December — the largest acquisition in the payment company’s history.
It works through a browser extension known as a “plug-in” that automatically searches for discounts as customers shop on sites like Amazon.
PayPal was once a part of Amazon competit
Amazon tells users to uninstall a product that PayPal just paid $4 billion for Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-10  Authors: kate rooney
Keywords: news, cnbc, companies, tells, billion, paypal, paid, users, uninstall, extension, startup, security, browser, data, product, shopping, amazon, honey


Amazon tells users to uninstall a product that PayPal just paid $4 billion for

Amazon has a beef with the start-up PayPal recently acquired, Honey.

During the height of the holiday shopping season, the e-commerce giant warned some users that the browser extension could be a “security issue.”

“Honey tracks your private shopping behavior, collects data like your order history and items saved, and can read or change any of your data on any website you visit,” the message, which was posted on Twitter by multiple users, said. “To keep your data private and secure, uninstall this extension immediately.”

PayPal paid $4 billion for Honey in December — the largest acquisition in the payment company’s history. The Los Angeles-based start-up was founded in 2012, and lets users find coupons while shopping online. It works through a browser extension known as a “plug-in” that automatically searches for discounts as customers shop on sites like Amazon. Honey makes a commission off each sale and has ushered in 17 million users.

PayPal and Amazon haven’t historically worked closely together. PayPal was once a part of Amazon competitor eBay, and Amazon does not accept PayPal as an option in check-out. It also has a competing discount plug-in.

Honey’s plug-in has been compatible with Amazon since it hit the market roughly seven years ago. This appears to be Amazon’s first public scrutiny of the start-up for security concerns.

“Our goal is to warn customers about browser extensions that collect personal shopping data without their knowledge or consent such as customer name, shipping and/or billing address and payment method from the checkout page,” an Amazon spokesperson told CNBC.

A spokesperson for Honey said the extension “is not — and has never been — a security risk and is safe to use.”

“We only use data in ways that directly benefit Honey members — helping people save money and time — and in ways they would expect. Our commitment is clearly spelled out in our privacy and security policy.”

The company said it collects “limited shopping data” and uses it to analyze information on retail websites so users can find the best coupon, but does “not sell your personal information. Ever.”


Company: cnbc, Activity: cnbc, Date: 2020-01-10  Authors: kate rooney
Keywords: news, cnbc, companies, tells, billion, paypal, paid, users, uninstall, extension, startup, security, browser, data, product, shopping, amazon, honey


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US should get rid of all paid political advertising, billionaire media mogul Barry Diller says

Billionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising. “What this country should do is get rid of all advertising for politics,” the IAC chairman said on “Closing Bell.” But candidates generally have to agree to certain restrictions, such as spending limits, which is why Obama said he opted against taking public money. Lamenting the influence of money in politics, Diller said elected officials shouldn’t have to spend signi


Billionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising.
“What this country should do is get rid of all advertising for politics,” the IAC chairman said on “Closing Bell.”
But candidates generally have to agree to certain restrictions, such as spending limits, which is why Obama said he opted against taking public money.
Lamenting the influence of money in politics, Diller said elected officials shouldn’t have to spend signi
US should get rid of all paid political advertising, billionaire media mogul Barry Diller says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: kevin stankiewicz
Keywords: news, cnbc, companies, system, politics, rid, democratic, paid, political, media, advertising, diller, york, trump, mogul, money, public, billionaire, barry


US should get rid of all paid political advertising, billionaire media mogul Barry Diller says

Billionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising.

“What this country should do is get rid of all advertising for politics,” the IAC chairman said on “Closing Bell.” “We should have a system where in fact the government subsidizes getting the message out.”

Diller has been supportive of publicly financed elections in the past, backing an effort in 2012 to bring them to New York State, but his comments take on new light given his support for Facebook’s political advertising policy.

The social media company has been heavily criticized for its decision to not fact-check political ads on its platform, but Diller reiterated that he believes it is the right approach due to the difficulty of policing promotional speech.

“When you promote you tend to exaggerate both the negatives and the positives,” he said Thursday, the same day Facebook released an updated policy that allows users to see fewer political ads.

Diller is a major Democratic donor and a staunch critic of President Donald Trump. He has labeled Trump an “evil miracle” and called his presidency a “joke.”

Some states and municipalities in the U.S. already allow for public financing of elections — and presidential candidates have the option available to them, too. In fact, in 2008, then-Sen. Barack Obama was the first major party candidate to decline public financing since the system was created in 1976.

But candidates generally have to agree to certain restrictions, such as spending limits, which is why Obama said he opted against taking public money.

Lamenting the influence of money in politics, Diller said elected officials shouldn’t have to spend significant portions of time fundraising. He also called the current political advertising landscape a “circus.”

“The idea that you have money in politics is simply crackpot,” Diller said, arguing it has “very, very, very bad consequences.”

Diller made four political donations in 2019, according to Federal Election Commission records. Since 2006, Diller has contributed more than $1 million to various campaigns and organizations such as state Democratic parties, FEC records show.

Last year, he made $2,800 donations to the Democratic presidential campaigns of former South Bend, Indiana, Mayor Pete Buttigieg and Minnesota Sen. Amy Klobuchar.

Diller was highly complimentary Thursday of Buttigieg and Klobuchar’s primary opponent, fellow billionaire and former New York City Mayor Michael Bloomberg.

“You couldn’t have a better candidate” than Bloomberg,” Diller said, citing his track record of success in politics and business. Bloomberg has already spent more than $100 million of his money on political ads.

Diller also contributed $2,800 to Lindsey Boylan, a Democrat who is running to unseat incumbent Rep. Jerry Nadler in New York’s 10th District.

After leading Paramount Pictures and Fox, Diller established IAC. It is the holding company of internet brands such as video streaming service Vimeo. It also recently announced plans to spin off Match Group, which includes youth-oriented dating app Tinder.


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: kevin stankiewicz
Keywords: news, cnbc, companies, system, politics, rid, democratic, paid, political, media, advertising, diller, york, trump, mogul, money, public, billionaire, barry


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US should get rid of all political advertising, billionaire media mogul Barry Diller says

US should get rid of all political advertising, billionaire media mogul Barry Diller saysBillionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising.


US should get rid of all political advertising, billionaire media mogul Barry Diller saysBillionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising.
US should get rid of all political advertising, billionaire media mogul Barry Diller says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09
Keywords: news, cnbc, companies, rid, paid, political, media, advertising, diller, mogul, saysbillionaire, billionaire, barry, told


US should get rid of all political advertising, billionaire media mogul Barry Diller says

US should get rid of all political advertising, billionaire media mogul Barry Diller says

Billionaire media mogul Barry Diller told CNBC on Thursday that he believes the U.S. should not have paid political advertising.


Company: cnbc, Activity: cnbc, Date: 2020-01-09
Keywords: news, cnbc, companies, rid, paid, political, media, advertising, diller, mogul, saysbillionaire, billionaire, barry, told


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Work-life balance secrets from the happiest countries in the world

Free time is “the most important thing they have,” so it’s rare that people would hang out with coworkers after working hours, she adds. To put that in perspective, the average American worker with five years of experience is given 15 days of paid vacation, according to the Bureau of Labor Statistics. However the United States doesn’t provide a federal paid vacation policy. According to a 2019 study, 23% of Americans don’t receive paid vacation and 22% don’t get paid holidays. That’s not the cas


Free time is “the most important thing they have,” so it’s rare that people would hang out with coworkers after working hours, she adds.
To put that in perspective, the average American worker with five years of experience is given 15 days of paid vacation, according to the Bureau of Labor Statistics.
However the United States doesn’t provide a federal paid vacation policy.
According to a 2019 study, 23% of Americans don’t receive paid vacation and 22% don’t get paid holidays.
That’s not the cas
Work-life balance secrets from the happiest countries in the world Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: cory stieg
Keywords: news, cnbc, companies, work, secrets, tells, denmark, hours, happiest, worklife, happiness, balance, according, paid, vacation, countries, working, world


Work-life balance secrets from the happiest countries in the world

Each year, a group of happiness experts from around the globe rank 156 countries based on how “happy” citizens are, and they publish their findings in the World Happiness Report. Happiness might seem like an elusive concept to quantify, but there is a science to it. When researchers talk about “happiness,” they’re referring to “satisfaction with the way one’s life is going,” Jeff Sachs, co-creator of the World Happiness Report and a professor at Columbia University, tells CNBC Make It. “It’s not primarily a measure of whether one laughed or smiled yesterday, but how one feels about the course of one’s life,” he says. Since the report began in 2012, Nordic countries — which include Denmark, Norway, Sweden, Finland and Iceland, plus the Faroe Islands, Greenland and Aland — consistently turn up at the top of the list. (The United States, on the other hand, typically lands somewhere around 18th or 19th place.) In 2019, Finland was ranked No. 1 for the second year in a row. In 2017, it was Norway, and Denmark grabbed first place in 2013 and 2016. Switzerland nabbed the top rank in 2015. This is no coincidence. Nordic countries rank so high on the happiness report because they have things like free education and healthcare, low crime rates, cushy social security nets, a relatively homogeneous population and they’re fairly prosperous. Perhaps most importantly, these countries prioritize balance, which is the “formula for happiness,” Sachs says. “They’re not societies that are aiming for all of the effort and time to becoming gazillionaires, they’re looking for a good balance of life and the results are extremely positive,” he says. “We find happiness in our own pursuits,” like our professional work and passions, he adds. “And by living in societies that are more balanced.”

NurPhoto | NurPhoto | Getty Images

Here’s how the Nordic countries find work-life balance.

They don’t work long hours

“What the science shows is that the one thing that will make us happy is having a little bit more time,” Laurie Santos, a professor of psychology at Yale who teaches The Science of Well-Being, tells CNBC Make It. A “full-time” workweek in Denmark is typically 37 hours spread over the course of five days. On the other hand, the average American works 44 hours per week, or 8.8 hours per day, according to the Bureau of Labor Statistics. But what’s even more striking is the Danes’ attitude toward working long hours. While many Americans see working late as badge of honor and a way to get ahead, in Denmark it’s seen as a weakness — it shows you can’t get things done in the allotted work time, Kay Xander Mellish, a Danish business consultant and author of “How to Work In Denmark,” tells CNBC Make It. Most employees leave work around 4 p.m., according to the Ministry of Foreign Affairs of Denmark.

Saara Alhopuro hikes and gathers mushrooms in Turku, a city on the coast of Finland. CNBC Make It

“There is a sense that, yes, work’s important and you need to get your work done to a high quality, but you also need to make sure it’s balanced appropriately,” Alex Calvert, an expat who has lived in Copenhagen for seven years with his wife and two kids, tells CNBC Make It. To be as efficient as possible, Danes don’t really socialize at work, or take breaks to run errands, Mellish says. “You might be there only 7.5 hours but you’re working that whole time,” she says. Free time is “the most important thing they have,” so it’s rare that people would hang out with coworkers after working hours, she adds. Flexible work arrangements are also common. For example, Saara Alhopuro, who works as a diplomat in Helsinki, Finland, tells CNBC Make It that she only goes into a physical office three times a week. She’s allowed to work remotely one day a week, and then spends the rest of her free time working on her hobby: photographing mushrooms. In fact, in Finland, employees have the right to shift their work day three hours earlier or later than their employers’ typical requirements.

Five weeks paid vacation is a guarantee

In Denmark, full-time employees are guaranteed five weeks of vacation time, regardless of their position or field of work. To put that in perspective, the average American worker with five years of experience is given 15 days of paid vacation, according to the Bureau of Labor Statistics. However the United States doesn’t provide a federal paid vacation policy. According to a 2019 study, 23% of Americans don’t receive paid vacation and 22% don’t get paid holidays. On top of that, only 41% of U.S. workers feel like the organization they work for encourages employees to take time off, according to the American Psychological Association. Surveys have shown that more than 55% of Americans aren’t using all their paid time off. That’s not the case in Denmark, according to Mellish. “People take every single hour of their time off,” she says. If you try to contact someone in Denmark and Sweden in late July or August, they’ll very likely be away “enjoying their vacation time,” Sachs says. In Finland, many people spend their summers in cottages, called “mokki,” where they unplug and relax with family and friends. Contrary to popular belief, “giving ourselves some free time can improve our productivity rather than decrease it,” Santos says.

‘Stress leave’ is a thing

Christina Konig Koehrsen, an art student from outside of Copenhagen, tells CNBC Make It that she left her job in advertising for eight months because she was stressed, and the work simply wasn’t making her happy. “[I]t didn’t let me have that work-life balance that we cherish so much here,” she says. “And so, we have a system that made it possible for me to quit my job and have some thinking time and figure out what’s my next step in life.” During that time, Konig Koehrsen got $2,000 a month from the Danish government. People typically go on “stress leave” when things are so bad at work that it’s affecting their mental health, Mellish says. Stress can be “a career-killer, to be honest,” she adds, comparing it to a “low-level disability.” This safety net between jobs is part of Denmark’s “flexicurity” labor market model, which allows businesses to be flexible, and people to get security from the government. Under this model, it’s very easy for employers to fire and hire people. On the flip side, employees can pay fees ($62.54 a month on average) to an unemployment insurance fund and get up to two years of pay if they lose their job and meet certain requirements (like minimum earning and residency requirements), according to the Ministry of Foreign Affairs. The government also provides education and counseling to get people back to work.

Christina Konig Koehrsen left her job in advertising because it wasn’t making her happy. Now she’s in school to become a painter. CNBC Make It

Konig Koehrsen, for example, is now going to school to become a painter and receives an educational stipend of $1,000 a month from the government. Freedom is another value that matters in a society, and determines someone’s well-being, Sachs says. “Can you shape your life the way you want? If you’re trapped by poverty, if you’re trapped by debt, the answer will be no,” he says. “If you have an opportunity to pursue the kind of life you want, the answer is yes. And if yes, that makes people a lot happier.” No matter where you live, research shows that finding work that really maps onto your core values can make you happier, Santos says. “Finding your signature strengths and working with them rather than against, that’s one big thing you can do,” she says.

But happiness is just one piece of the puzzle


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: cory stieg
Keywords: news, cnbc, companies, work, secrets, tells, denmark, hours, happiest, worklife, happiness, balance, according, paid, vacation, countries, working, world


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How this couple paid off their $195,000 mortgage in under 4 years

Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013. The Hills, both 37, made their first payment on the $195,000 mortgage in January 2014 and their final payment in November 2017. To stay on track, the couple and their two kids made saving money a family event by hosting regular budget parties to eat pizza and plan out their monthly budgets. Check out this video to see exactly how the couple budgeted their money, other techniques they used and what they plan


Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013.
The Hills, both 37, made their first payment on the $195,000 mortgage in January 2014 and their final payment in November 2017.
To stay on track, the couple and their two kids made saving money a family event by hosting regular budget parties to eat pizza and plan out their monthly budgets.
Check out this video to see exactly how the couple budgeted their money, other techniques they used and what they plan
How this couple paid off their $195,000 mortgage in under 4 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: robert exley jr
Keywords: news, cnbc, companies, used, couple, plan, mortgage, walmart, paid, money, youhow, 195000, yearsthe, video, payment


How this couple paid off their $195,000 mortgage in under 4 years

Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013.

But they felt that being locked into a mortgage for the next 15 to 30 years would limit some of their life goals, so they came to an agreement: They would pay the house off in under five years.

The Hills, both 37, made their first payment on the $195,000 mortgage in January 2014 and their final payment in November 2017.

To stay on track, the couple and their two kids made saving money a family event by hosting regular budget parties to eat pizza and plan out their monthly budgets.

Check out this video to see exactly how the couple budgeted their money, other techniques they used and what they plan to do next.

More from Invest in You:

How Walmart and other big firms try to recruit more teenage employees

How much you can expect to get from Social Security if you make $40,000 a year


Company: cnbc, Activity: cnbc, Date: 2020-01-09  Authors: robert exley jr
Keywords: news, cnbc, companies, used, couple, plan, mortgage, walmart, paid, money, youhow, 195000, yearsthe, video, payment


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These are the UK’s best paid jobs in 2020, says Indeed

Chief financial officers (CFO) perform the U.K.’s best paid job on average, according to global jobs site Indeed. In Britain they take home an average salary of £112,666 ($147,846), when calculating from ads placed on Indeed’s website. This was the first time the job site conducted the research, which excluded CEOs as few vacancies were advertised on public sites and tended to be recruited through headhunting agencies. Vice president of sales came in second place on the list, with an average sal


Chief financial officers (CFO) perform the U.K.’s best paid job on average, according to global jobs site Indeed.
In Britain they take home an average salary of £112,666 ($147,846), when calculating from ads placed on Indeed’s website.
This was the first time the job site conducted the research, which excluded CEOs as few vacancies were advertised on public sites and tended to be recruited through headhunting agencies.
Vice president of sales came in second place on the list, with an average sal
These are the UK’s best paid jobs in 2020, says Indeed Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: vicky mckeever
Keywords: news, cnbc, companies, uks, roles, financial, job, 2020, list, vice, paid, jobs, best, salary, site, average, president


These are the UK's best paid jobs in 2020, says Indeed

Chief financial officers (CFO) perform the U.K.’s best paid job on average, according to global jobs site Indeed.

CFOs are responsible for managing a company’s financial planning and reporting. In Britain they take home an average salary of £112,666 ($147,846), when calculating from ads placed on Indeed’s website.

Indeed analyzed more than 3,200 full-time job advertisements posted on its website, to calculate which roles had the highest average annual pay.

This was the first time the job site conducted the research, which excluded CEOs as few vacancies were advertised on public sites and tended to be recruited through headhunting agencies.

Other senior financial roles also made it into Indeed’s top 20 ranking, albeit much further down on the list, with vice presidents of finance commanding a salary of £86,517 and tax directors earning £85,742 annually.

Vice president of sales came in second place on the list, with an average salary of £109,278, followed by the vice president of engineering, taking home £108,623 a year.

Medical specialist roles rounded out the top five earners. Orthodontists, which fix the appearance of teeth usually with braces, earn £99,010 and dermatologists, or skincare specialists, get paid £93,282 a year on average.

It can take a decade to train as an orthodontist in the U.K., requiring five years of studying dentistry, workplace training and then a further three years’ study to become fully qualified.


Company: cnbc, Activity: cnbc, Date: 2020-01-08  Authors: vicky mckeever
Keywords: news, cnbc, companies, uks, roles, financial, job, 2020, list, vice, paid, jobs, best, salary, site, average, president


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Apple’s App Store had gross sales around $50 billion last year, but growth is slowing

That means the company’s App Store had total sales maxing out at $50 billion in 2019, assuming developers take 70% of app sales, and generated about $15 billion in revenue for Apple, according to analysis by CNBC. With that information, it’s possible to estimate total maximum App Store sales from the amount paid to developers. Based on the stats Apple disclosed, it paid out $35 billion to developers in 2019, suggesting total sales of $50 billion. At $50 billion in total sales per year, the App S


That means the company’s App Store had total sales maxing out at $50 billion in 2019, assuming developers take 70% of app sales, and generated about $15 billion in revenue for Apple, according to analysis by CNBC.
With that information, it’s possible to estimate total maximum App Store sales from the amount paid to developers.
Based on the stats Apple disclosed, it paid out $35 billion to developers in 2019, suggesting total sales of $50 billion.
At $50 billion in total sales per year, the App S
Apple’s App Store had gross sales around $50 billion last year, but growth is slowing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-07  Authors: kif leswing
Keywords: news, cnbc, companies, apples, apple, 2019, revenue, growth, developers, slowing, gross, paid, store, sales, app, billion, total


Apple's App Store had gross sales around $50 billion last year, but growth is slowing

Tim Cook, chief executive officer of Apple Inc., speaks during the Apple Worldwide Developers Conference (WWDC) in San Jose, California, U.S., on Monday, June 4, 2018.

Apple announced Wednesday that it has paid $155 billion to developers since 2008, up from $120 billion disclosed in January 2019. That means the company’s App Store had total sales maxing out at $50 billion in 2019, assuming developers take 70% of app sales, and generated about $15 billion in revenue for Apple, according to analysis by CNBC.

The statistic came as part of a broader announcement from Apple meant to show momentum for its so-called services business, which is increasingly seen by investors and analysts as a key segment for the iPhone maker. That business also includes subscription content services such as Apple Music and Apple TV+, iPhone warranties, and licensing revenue, such as the fee that Google pays Apple to make its search engine the default on the iPhone. Overall, the business generated revenue of $46.2 billion in the company’s last fiscal year, which ended Sept. 28, 2019.

Apple doesn’t disclose the total amount of revenue its App Store makes per year. But it has published stats about its App Store every January since 2013, including the total amount of money it pays to developers. Developers get 70% of the purchase price of an app on the App Store, rising to 85% in the second year of a subscription, which affects a relatively smaller proportion of apps. With that information, it’s possible to estimate total maximum App Store sales from the amount paid to developers.

Based on the stats Apple disclosed, it paid out $35 billion to developers in 2019, suggesting total sales of $50 billion.

At $50 billion in total sales per year, the App Store alone would be No. 64 on the Fortune 500, ahead of Cisco and behind Morgan Stanley.

But the annual disclosure also suggests that growth for the App Store is slowing. The $35 billion Apple paid to developers in 2019 was only 2.9% higher than the 2018 figure of $34 billion, and a significant slowdown from the payout’s 30% growth rate in 2017.

Apple disclosed several factoids related to subscriptions it launched in 2019, but it did not include any viewership statistics for Apple TV+, the streaming service launched earlier this fall, nor any subscriber statistics for Apple Arcade, its game subscription.

Other stats disclosed on Wednesday include:

App Store collected $1.42 billion in sales between Dec. 24 and 31

The record for most revenue from one day on the App Store is $386 million, set Jan. 1, 2020

50% of Apple Music users have used a new lyric syncing feature

Apple News has over 100 million monthly active users in the U.S., U.K., Australia and Canada

Apple Podcasts has over 800,000 shows

75% of iCloud users use two-factor authentication, a login method that makes it harder for attackers to control your account

Correction: Apple’s last fiscal year ended Sept. 28, 2019. An earlier version misstated the date.


Company: cnbc, Activity: cnbc, Date: 2020-01-07  Authors: kif leswing
Keywords: news, cnbc, companies, apples, apple, 2019, revenue, growth, developers, slowing, gross, paid, store, sales, app, billion, total


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