Study finds workers misjudge wage markets

Many employees believe their counterparts at other firms make less in salary than is actually the case—an assumption that costs them money, according to a study co-authored by MIT scholars.

Are rents rising in your neighborhood? Don't blame the baristas

Baristas who work in specialty coffee shops, along with hipsters more generally, have been referred to as the "shock troops" of urban gentrification—and it's no different in Philadelphia. These servers of artisanal coffee ...

Social ties can increase salary for low-wage workers

Low-wage jobs—when are they stepping-stones towards a successful career and when do they become traps? A new study from Umeå University investigated when transitions from low-wage to better-paid jobs are more likely, and ...

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