Gabe Rubin

speaker

468 appearances 13 recordings 1 series first heard Apr 2018 last heard Oct 2023

Gabe Rubin’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · Black Workers, Young People Received Biggest Pay Hikes Last Quarter · 25 Jan 2023 podcast

So that's a pretty big reversal from the conditions earlier on in the pandemic.

Well, it's pretty uncertain.

The economy is definitely slowing.

Consumer spending is slowing.

Job growth is slowing.

And wage growth has begun to slow as well.

So the window of opportunity for low-income or disadvantaged workers to get a leg up in this economy may be rapidly closing.

Yeah, so even though we've seen cooling in the labor markets, it's still an exceptionally tight labor market out there.

So we see premiums for people who switch jobs so people can jump to a different job and make more money.

And that, at least at the moment, is still going on.

So if people want to switch jobs, now might be the time to do so because that opportunity may be gone in a few months or six months down the road.

Companies are also trying really hard to retain workers.

So if you have a job offer in hand, you can go to your current employer and they may be very eager to keep you and they'll raise your pay.

Or they may be eager to show you how you can advance at that company and they may offer you opportunities for promotions or training or other ways to advance your career without needing to go to a new employer.

WSJ Your Money Briefing · New Student-Debt Plan Would Benefit Lower-Income Borrowers · 12 Jan 2023 podcast

This will affect the roughly 8 million people who are currently signed up for these types of plans, known as income-driven repayment plans. voice-verified

And the goal is for many more people to sign up. voice-verified

It's great to be with you. voice-verified

So at the very least, this will affect the roughly 8 million people who are currently signed up for these types of plans known as income driven repayment plans. voice-verified

And the goal is for many more people to sign up. voice-verified

And given that there are roughly 40 million people out there with federal student loans, there's a lot of eligible people who could ultimately take advantage of this program now and in the future. voice-verified

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