Wishing all our LGBTQ colleagues, friends and family at COMPASS a HAPPY PRIDE MONTH! Yesterday The Supreme Court concluded by majority that the language of the Civil Rights Act of 1964, which prohibits sex discrimination, applies to workplace discrimination based on sexual orientation and gender identity. The question for the justices was whether that last prohibition — discrimination “because of sex”— applies to many millions of gay and transgender workers. Could there be a better PRIDE MONTH gift?
DID YOU KNOW? A long overdue $1 TRILLION infrastructure bill seems to be in the works to help fuel the economy and provide much needed improvements to the USA's infrastructure..... (CNBC)
DID YOU KNOW? With the most economic uncertainty in decades and a head-spinning stretch of volatility in the U.S. stock market, many investors have rushed into money-market funds where cash assets have swelled to about $4.6 trillion, the highest level on record, going back to 1992. Imagine if this capital was deployed in the economy.....(WSJ)
DID YOU KNOW? Nationwide, about 64% of home shoppers looked for suburban homes in April, compared with 66% in April 2019. New York metro area shoppers, those looking to move to a different metro area grew to 40%, from about 35% last year. About 70% of all shoppers in the New York metro area looked for suburban homes, down from 72% last year.(WSJ)
DID YOU KNOW? A 2017 report by the European Foundation for the Improvement of Living and Working Conditions suggested that 41% of remote employees report higher levels of stress compared with just 25% of their counterparts who work in the office. According to a 2018 survey that Mental Health America conducted with FlexJobs, about 71% of people would like to work from home to reduce commute-related stress. Approximately 75% of survey respondents also said that working remotely could potentially help them limit stress related to distractions during the workday. (Healthline)
DID YOU KNOW? People who work from home are at a greater risk of obesity and diabetes because there is a significant decrease in physical activity. (Dr A.J. Marsden of America’s Beacon College in Leesburg, Florida)
DID YOU KNOW? The FBI reported a 50% surge in mobile banking since the beginning of 2020, likely due to stay-at-home orders. (Housingwire)
DID YOU KNOW? Remote workers typically save about $4,000 a year by working from home, according to a study from FlexJobs. That comes from saving on commuting costs as well as paring spending on coffee, lunches and a professional wardrobe. Those cheering the concept of abandoning working in offices should factor the potential loss of $4,000 spending per person in the economy.....