Workers are ‘hugging’ their jobs. There’s a right way and a wrong way to do it

Tom Werner | Digitalvision | Getty Images Workers are “hugging” — or, clinging to — their jobs right now. But there’s a right way and a wrong way to “hug” your work — and doing it poorly could be costly, according to career experts and labor economists. “I don’t think job hugging is the move,”…

How young entrepreneurs are buying small businesses through an investment tool — and building wealth along the way

In 2023, a record number search funds were launched across the U.S. and Canada, according to a 2024 study by Stanford’s Graduate School of Business. Shapecharge | E+ | Getty Images Jason Jackson always wanted to be an entrepreneur, but he lacked the resources and ideas to start a business. So, when he discovered an…

Wage growth is doing something odd in 2025 — the last time it happened was around the Great Recession

A “Now Hiring” sign hangs in the window of a hair salon in the Greater Boston town of Medford, Massachusetts, August 12, 2025. Brian Snyder | Reuters Wage growth is doing something odd these days. Typically, wages grow at a faster clip each year for workers who switch jobs, compared to those who stay in…

‘Job hugging’ has replaced job-hopping, consultants say, as workers cling to current roles

Martin Barraud | OJO Images | Getty Images The so-called great resignation has become the “great stay.” But experts say workers aren’t just staying — they’re “job hugging.” Job hugging is the act of holding onto a job “for dear life,” consultants at Korn Ferry, an organizational consulting firm, wrote last week. The rate at…

Student loan forgiveness program has a 72,730-person backlog. Here’s what borrowers need to know

Jose Luis Pelaez Inc | Digitalvision | Getty Images There’s a way for student borrowers pursuing Public Service Loan Forgiveness to get their debt wiped away sooner than they might have expected. But that program, called PSLF Buyback, has been experiencing some challenges of late. Chief among them: As of July 31, there’s a 72,730-person…

34-year-old and his family saved $60,000, quit their jobs to move to Taiwan for 13 months: ‘This is not something that can afford to wait’

Ever dreamed of taking a sabbatical from your career and traveling the world? Jason Lee and his wife Katie did that when, in July 2024, they moved themselves and their son from Columbus, Ohio, to Taipei, Taiwan. Jason and Katie, both 34, came up with the idea after they brought Forrest, now 6, to visit…

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say

Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…

I supercommute five hours door-to-door from Los Angeles to San Francisco: It’s ‘one of the best career decisions I’ve made’

My commute might look pretty unusual to most people: I usually catch a 7 a.m. flight from Los Angeles to San Francisco every Wednesday and fly home every Friday night — traveling about five hours door-to-door each way. I never planned on becoming a supercommuter. But an unexpected conversation turned into a job offer, and…

Job market is ‘trash’ right now, career coach says — here’s why

Nitat Termmee | Moment | Getty Images The U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts. “The job market is kind of trash right now,” said Mandi Woodruff-Santos, a career coach and personal finance expert. “I mean, it’s really difficult,” she added….