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Forbes
3 days ago
- Business
- Forbes
4 Questions To Ask Before Accepting A Temp Job This Summer
Summer jobs aren't just for extra cash—they can open doors. Ask the right questions to find a temp ... More role that fits your goals, schedule, and future opportunities. We often associate summer with beaches, vacations, and relaxation. But what makes summer even better is that you can earn extra cash while still having fun outside. Whether you have experience or not, there are plenty of temp jobs to choose from, helping you maximize the slowdown. In fact, youth labor force participation hit 60.4% in July 2024, according to the U.S. Bureau of Labor Statistics. But before you say yes to a temp job this summer, you should first consider a few factors. Here are four questions to ask and see if it's the right opportunity for you. What Are The Opportunities Here? You might think of a temp job as just for the summer. But asking about the company's future goals or opportunities can make a huge difference. For instance, you might have a chance to go back for a different project that they will launch in the coming months. If the company is planning to expand, they may consider you for a higher or more permanent role. By the time your summer job is over, you've already proven your work ethic and adapted to their workflow and company culture, making you a strong candidate. Asking also shows initiative, genuine interest in the company, and commitment to growth. Who knows? They might create a new role for you or even refer you to another company that's a better match for your strengths. When Can I Start? According to Recruitics, over 65% of summer job seekers prefer schedules with under 30 hours per week. Of course, we all have different summer plans, from traveling and trying new hobbies to just trying to achieve work-life balance. Depending on the role and demand, temp job schedules could be flexible or fixed. If you're in food service, recreation, or hospitality, you may have morning, afternoon, or even night shifts. That's why you should know when you and your workmates are set to start. This helps you prepare and set your expectations right. For example, if others have already started working, this means you should adjust faster. If it's the opposite, you may have to help them learn the ropes. Understanding everybody's schedule also prevents miscommunication, strengthens teamwork, and makes sure there's enough support for everyone. How Can I Go Above And Beyond In My Role? Summer jobs may be the perfect training ground for some, but you can also push yourself further to unlock better opportunities. By asking what you can do to go above and beyond in your role, you're showing how dependable and eager you are to learn and improve. Perhaps you're open to working a few extra hours during peak times. You may be willing to get trained by a superior from another department. Or you might want to join the company's events and volunteer initiatives. By being more visible and engaged, you can grow your network, increasing your chances for better roles. Also, take advantage of all the soft and hard skills you can gain from the job. Whether it's time management, leadership, or learning new platforms, you can use them to build your portfolio and resume. What Perks And Kinds Of Support Are Available? Although temporary, summer jobs usually include exciting perks and privileges. These include flat bonuses, employee discounts, free meals or admissions, and flexible schedules. According to the National Recreation and Park Association (NRPA), the most popular incentives given to summer workers are pre-determined flat bonuses, and 46% of agencies that offer incentives use this approach. Other perks include referral bonuses, rewards based on the total number of hours rendered, and even end-of-summer parties. Besides the fun part, you can also ask about training opportunities. For example, the NRPA noted that 64% of park and recreation agencies provide training and certification to help keep their lifeguards. You can also ask about the onboarding process. Some companies use a buddy system where they pair you with a more experienced member to help you settle in more quickly. There may be resources available, too, like manuals and checklists. Maximize everything not only to do well in your temp job but also to develop relevant, transferable skills for future opportunities. Temp jobs during summer allow you to strike the right balance between work and having fun. You'll gain valuable skills, boost your income, and even enjoy special perks. To make the most out of your experience, ask the right questions, including what future opportunities are available and how you can go the extra mile in your role. May your career shine this summer and beyond. Rooting for you!
New York Post
5 days ago
- Business
- New York Post
US electricity prices skyrocket under Trump, hitting highest levels in years
Electricity prices across the United States have continued their steep climb since Donald Trump returned to the presidency in January 2025, with average residential rates rising faster than the pace of inflation and reaching their highest point in over a decade. Between January and June 2025, electricity prices in the US have risen approximately 6%, according to official data from the US Bureau of Labor Statistics. The national average price per kilowatt-hour increased from 17.9¢ in January to 19.0¢ in June, marking a confirmed 6.15% increase over the six-month period. Separately, the independent Energy Information Administration and related market aggregators — which compile national utility filings –report slightly different averages but confirm a similar rate of acceleration. 3 Electricity prices across the United States have continued their steep climb since President Donald Trump took office in January 2025. Getty Images for Hill & Valley Forum Their data places the average residential price at 15.95¢/kWh in January, climbing to 16.44¢ in February, 17.11¢ in March and reaching 17.45¢ by July 2025. Despite these differences in baseline figures, analysts agree that both datasets point to a 13% increase in electricity prices nationally from 2022 to mid-2025. The sharpest growth has occurred since Trump's return to the White House, with the early months of 2025 showing some of the fastest monthly gains in recent years. Electricity prices have surged in 2025 due to rising demand from data centers needed to power artificial intelligence technology as well as the strain on the energy grid caused by the rising popularity of electric vehicles. 3 Utilities have responded to rising fuel and infrastructure costs by filing for substantial rate hikes. REUTERS Other factors pushing up the price of electricity include population growth as well as volatile natural gas prices and global energy disruptions. Utilities are also passing on the costs of major grid upgrades, equipment shortages, and inflation while Trump administration policies rolling back clean energy tax credits have made renewable projects more expensive and slowed their expansion. These combined factors are driving sharp rate increases nationwide, with especially steep hikes in already high-cost regions like California and the Northeast. In July, Trump signed the so-called 'Big Beautiful Bill,' a sweeping energy package that expanded oil and gas leasing, limited federal clean energy subsidies and eliminated tax credits for wind and solar energy. As a result, the average household electricity bill has increased by approximately $219 since 2022, reaching nearly $1,900 per year in 2025. Some analysts project that the policies in the 'Big Beautiful Bill' will raise household electricity bills by $600/year over the next decade for the average US family. 3 Data centers that power artificial intelligence technology require massive amounts of energy. REUTERS The National Energy Assistance Directors Association (NEADA) has warned that the 2025 summer season will bring the highest average electricity bills in at least 12 years, further straining American consumers. Utilities have also moved to raise rates. In the first quarter of 2025 alone, utilities filed for nearly $20 billion in rate increases nationwide, citing factors such as fuel price fluctuations, aging infrastructure, and broader market uncertainty. These increases are now being passed along to consumers. Rates vary widely across states, with recent July 2025 data showing prices ranging from 11.59¢ to over 43¢/kWh, with the highest prices in California and the Northeast. In several states, including those in the Pacific, Northeast and Mid-Atlantic regions, prices have already exceeded 21¢/kWh. The Post has sought comment from the White House.
Yahoo
5 days ago
- Business
- Yahoo
DesignRush Finds Wyoming Tech Salaries Dropped 6.6% Since 2014-Worst Nationwide
Limited broadband, lack of industry incentives, and no urban tech hubs contribute to Wyoming's struggle to retain tech talent and grow salaries. Miami, Florida--(Newsfile Corp. - July 24, 2025) - A new report from DesignRush reveals that Wyoming ranks last for tech salary growth, with a 6.62% decline in wages over the past decade - from 2025 to 2024 - the steepest drop for any US state. Wyoming Ranks Last for Tech Wage Growth in 2025To view an enhanced version of this graphic, please visit: This finding is according to the 2025 U.S. Tech Salary Index, which analyzes inflation-adjusted salary data across six core tech occupations using data from the U.S. Bureau of Labor Statistics. While most states saw positive growth during the remote work boom, Wyoming fell behind, impacted by limited broadband access, few industry incentives, and a lack of urban tech hubs. Key Findings from the report: From 2014 to 2024, tech salaries fell from $123,258 to $115,100, loss of over $8,000 Inflation-adjusted wages for tech jobs dropped 6.62%, the worst in the U.S. Broadband gaps persist despite $347M in federal grants Limited tax incentives fail to attract tech employers and startups No flagship STEM initiatives tied to local universities No significant urban tech hub to anchor growth Venture capital and coworking infrastructure are nearly nonexistent What's Driving Wyoming's Decline in Tech Salaries? Wyoming Tech Salary Decline Between 2014 to 2025To view an enhanced version of this graphic, please visit: Digital Infrastructure Gaps: Despite $347M in federal grants, broadband access remains limited in rural areas. Weak Incentive Structure: Unlike Idaho's 30% TRI tax credit, Wyoming offers few targeted benefits for digital industries. No State-Backed Tech Upskilling Programs: Coding bootcamps, data fellowships, and DevOps training remain unavailable. Absent Tech Ecosystem: Cities like Cheyenne and Casper lack major IT anchors, research universities, and venture capital presence. Comparative Context: Delaware ranks just above Wyoming, with a -6.57% drop in tech salaries. Rhode Island and Mississippi also experienced notable declines at -4.05% and -3.90%, respectively. Even New York posted a -1.48% dip, reflecting cost-driven stagnation in urban tech markets. About DesignRush DesignRush is a B2B platform that helps brands connect with top agencies in design, marketing, technology, and more. Our research team regularly publishes industry data and rankings to help business leaders make informed decisions. Media Contact:Anonta KhanPR Manager, DesignRush anonta@ SOURCE: DesignRush To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
6 days ago
- Business
- Forbes
Why Small Business Earnings Are Rising In 2025
stack of silver coins with trading chart in financial concepts and financial investment business ... More stock growth Despite the lingering threat of tariffs, interest rates that have not come down as expected, and higher structural costs, small business earnings continue to rise in 2025. According to Biz2Credit's monthly Small Business Earnings Report, average monthly earnings increased to $62,300 in June 2025, up markedly from May. This continues a positive run for earnings, nearly doubling since the beginning of the year. Key Findings for June 2025: Small businesses have faced strong headwinds in 2025, yet continue to produce growing earnings. In the first half of 2025, small business earnings have risen 75% as inflation remains tempered under 3% this year. Expenses ticked upward as small businesses continue to feel the brunt of tariffs on imports and various input goods, but significant price hikes for consumers haven't manifested yet. Reasons Why Small Business Earnings Continue to Climb in 2025 We have seen a downward trend of inflation in 2025, after several years of high inflation. Gasoline prices have dropped significantly in the past year. AAA reports that the current average price of gasoline is $3.14, compared to $3.50 a year ago. The price of eggs, famously a barometer for inflation in 2024 last year, has decreased 7.4% in June, according to the U.S. Bureau of Labor Statistics. Early in the year, many economists warned that President Trump's tariff wars could kickstart inflation. That has not yet happened as the president has been using tariffs to renegotiate with trade partners and not yet begun collecting the steep levies he warned of when he first took office. Further, for the sectors in which tariffs have gone into effect, many businesses stocked up on inventory that they expected to be slapped with the import taxes. Technology not only reduces costs by reducing paperwork, costs of marketing, and the labor required for repetitive tasks, but it also drives revenue with digital tools that help expand markets. Out of necessity, small businesses upgraded their online sales capabilities during the pandemic, when consumers could not go out and shop. Business owners continued to increase their capabilities after the COVID lockdowns, resulting in expansion nationwide and even internationally. Small business owners remain cautiously hopeful for the remainder of the year as tax reform is complete. Taxes have remained a large pain point for small business operators, but now they should expect more stability and predictability after the Big Beautiful Bill was signed into law on July 4. Consumer spending has remained strong, particularly for industries like arts & entertainment (Broadway had a record year), dining, and travel and tourism. Small businesses in these sectors are still benefiting from pent-up demand from the pandemic years. Spurred by SBA lending and the growth of fintech lenders that offer alternative lending products, investment capital is available to help business owners pursue their goals. They are taking advantage of the availability of shorter processing times for funding requests and ceasing growth opportunities when they arise. Interest rates are lower than they were a year ago, and there is also reason for optimism since the Federal Reserve has signaled the possibility of interest rate cuts in the second half of 2025. The easing of inflation has put more pressure on the Fed to lower rates for the first since 2024. Related: Fed Holds Interest Rates Steady, But Signals Cuts May Happen This Year Lowering the cost of capital helps firms that have variable rate small business loans. Businesses may take advantage of the opportunity to refinance existing debt. This is helpful for companies that are looking to invest in their long-term growth or simply lower cost pressures. Potential Causes of Concern for Small Business Earnings The economy is still relatively strong, but certain cost pressures remain and continue to hurt earnings growth. Despite the generally good news as the second half of the year is underway, there are still areas of concern. The labor market is still strong. Thus, it costs more to attract, hire and retain them in many sectors of the economy. Commercial rents have remained high this year and show no signs of declining. Natural disasters and other factors have put pressure on insurance companies, which are unlikely to lower their rates. Utility bills in many sections of the country have soared. These fixed costs, if they continue to rise, naturally will hurt the earnings of small businesses. For instance, The average rate of commercial space was $33.15 per sq. foot in May, increasing 4.8% year-over-year, according to Commercial Café. The rise in online retailing has spurred demand for warehouse space for storage and distribution of orders. This has driven up rental rates and construction of industrial facilities, reports IBISWorld, which provides industry research on thousands of industries, including commercial real estate. Rents remain elevated in urban corridors of top-tier markets like Los Angeles, Miami, and New York, where commercial space on 5th Avenue on the Upper East Side can command $2,000 per sq. foot. Additionally, commercial rents in suburbs like New York, Boston, and Dallas have all seen more consistent rent growth due to population shifts, and the appeal of convenient, service-oriented retail space, according to CBRE. U.S. commercial insurance rates rose 3% on average in Q1 2025, up from the previous quarter, with umbrella/excess liability and auto coverages experiencing the highest rate increases, according to MarketScout's Market Barometer. Commercial insurance rates also rose dramatically in 2024. Utility bills are rising, particularly during this hot summer. In Q2 2025 alone, U.S. utilities requested or received approval for roughly $9 billion in electricity-rate increases—bringing the first-half total to $29 billion, more than double the same period in 2024, reports Related: Three Ways To Increase Earnings This Summer Despite cost pressures, small business earnings continue to grow this year. In fact, increases have been consistent because of the solid revenues and the overall reduction of inflation. All eyes will be on whether the Federal Reserve moves on interest rates during the next Federal Open Market Committee (FOMC) meeting later this month on July 29-30.
Time of India
7 days ago
- Business
- Time of India
Degrees losing shine: Why are American Gen Z men saying bye to college dreams for calloused hands
For decades, a college degree was the American dream's most prized possession, a laminated promise that hard work in the classroom would translate into a seat at the professional table. But for today's Gen Z graduates, that dream is unraveling at the seams. Step into any graduation ceremony and you'll find applause, caps in the air, and proud parents brimming with hope. Fast forward a few months, and that same graduate might be hunched over a laptop, firing off résumés into the digital void, or clocking into a job that never required a diploma at all. Recent analysis by the Financial Times, using data from the US Current Population Survey, reveals a jarring reality: Young male college graduates aged 22 to 27 now have nearly the same unemployment rate as their peers without degrees according to Financial Times, July 2025. According to the Federal Reserve, the unemployment rate for recent college graduates currently sits at 5.5%, compared to 6.9% for all young workers in the same age group according to Federal Reserve Bank of New York, 2025. Once a reliable ladder to economic mobility, a college degree is now being met with shrinking returns, and growing disillusionment. Same degree, same struggle Just over a decade ago, the post-recession job market painted a very different picture. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 15 most beautiful women in the world Undo In 2010, young men without college degrees faced unemployment rates above 15%, while their college-educated peers were closer to 7% (US Bureau of Labor Statistics, 2010). That educational edge has since eroded. The reasons are twofold. First, employers are quietly dropping degree requirements for many entry-level jobs, particularly in tech, logistics, and customer service roles, according to Harvard Business Review, 2023. Second, the proliferation of college graduates has diluted the exclusivity of a bachelor's degree, making it less of a differentiator in the hiring process. As a result, Gen Z men are increasingly finding themselves jobless despite their degrees, or employed in roles that don't require one. The gender gap in joblessness While college-educated men face rising unemployment, their female counterparts are faring better. According to the Financial Times analysis, only about 4% of college-educated women aged 22–27 are unemployed, compared to 7% among similarly educated men, according to a recent Financial Times report. The gap is partly explained by the growth of sectors like healthcare, which tend to employ more women and are among the fastest-growing fields in the US economy. The US Bureau of Labor Statistics (BLS) projects that healthcare occupations will add about 1.9 million job openings annually over the next decade (BLS Employment Projections, 2024–2034). Moreover, healthcare is viewed as recession-resistant, a trait that has become especially attractive in a post-pandemic world (Indeed Career Insights, 2023). Experts also point to differences in how men and women approach the job search. Women are often more flexible, willing to accept part-time, temporary, or less-than-ideal roles to gain experience or financial stability. Men, on the other hand, are more likely to hold out for roles that match their ideal career vision, which may result in longer periods of unemployment. NEET status and the emotional cost The acronym NEET—Not in Employment, Education, or Training—has become a growing concern. Roughly 11% of Gen Z youth now fall into this category, with young men disproportionately represented according to Pew Research Center, 2024. This group often includes college graduates who, after months or years of fruitless job hunting, disengage from both professional and educational pathways. Many face emotional exhaustion, loss of motivation, and long-term economic consequences. While often misunderstood as apathetic or unambitious, NEET youth are frequently the product of a broken system—one that over-promised and under-delivered. Skilled trades: The rebellion in steel-toed boots Faced with bleak prospects and mounting debt, a growing number of Gen Z men are charting a different course: vocational trades. Between 2011 and 2022, the number of college students in the US dropped by 1.2 million, with nearly 1 million of that decline attributed to male students, according to a Pew Research Center analysis in 2023. At the same time, enrollment in two-year public vocational programs surged by over 20% since 2020, adding more than 850,000 students, per the National Student Clearinghouse Research Center (NSCRC, 2024). These trade programs—training students in plumbing, carpentry, automotive repair, and electrical work—are not only less expensive than four-year degrees, but often lead to high-paying, stable careers. The median wage for skilled trade workers in certain fields now rivals or exceeds that of many college-educated roles as mentioned in the US Department of Labor, 2024. Degrees aren't dead—but they're no longer sacred None of this suggests that higher education is obsolete. Degrees still matter, for certain fields and career tracks, they remain essential. But the myth of the guaranteed payoff is gone. And Gen Z men are no longer buying in blindly. What we are witnessing is not the death of education, but the recalibration of value. In a post-pandemic, AI-disrupted, inflation-torn economy, young people are prioritizing return on investment, and four-year degrees, for many, simply aren't delivering. This shift is a generational correction, not a crisis. It's a recognition that the path to success may no longer be paved with parchment, but with practical skills, economic independence, and the confidence to defy tradition. Ready to navigate global policies? Secure your overseas future. Get expert guidance now!
