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Higher-paid employees looking for work are having a tough time, and it could be a sign of a shift in the workplace [Business Insider]
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Hey there! Leave it to the Hamptons to figure out a way to turn riding the bus into something fancy In today's big story, we examine how tough the job market is for the well-paid employee What's on deck: Markets: The brutal reality of life as a first-year investment banking analyst Business: Higher-for-longer interest rates aren't going anywhere But first, the plight of the upper middle class. If this was forwarded to you, sign up here. The big story High pay, low vibes More money; more problems. That's the current job trend, as higher-paid employees are having trouble finding work despite a historically strong labor market. It's creating what Business Insider's Aki Ito describes as a "white-collar recession." The hiring rate for workers making less than $55,000 annually (1.5%) is well above the rate for those making more than $96,000 (0.5%). It's true not many people need work , so the lack of open roles isn't critical to the economy. But not everyone is happ
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