On PR Newswire: Idaho Top Moving Destination, Recession Big Concern for 2020, eBay Recaps 2019 Purchases
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy:
Americans are moving into Idaho, and Idaho is moving up — in the ranking of most popular 2019 moving destinations, that is. According to the results of United Van Lines’ 43rd Annual National Movers Study, which tracks customers’ state-to-state migration patterns over the past year, Idaho saw the highest percentage of inbound migration among states experiencing more than 250 moves with United Van Lines: 67.4%.
A new survey reveals that the world’s chief executives view the risk of a recession as their biggest external concern in 2020. Attracting and retaining talent ranks as their top internal concern. They also feel unsettled by trade uncertainty, political instability, and more intense competition from disruptive technologies. However, they plan to counter such forces by developing more innovative cultures and new business models.
Many states across the country are just days away from implementing significant changes in the minimum wage, according to payroll experts Wolters Kluwer Legal & Regulatory U.S. With the clock ticking, a total of 26 states and the District of Columbia will raise the minimum wage in 2020, with 22 of those states implementing the increases by Jan. 1.
On Jan. 1, eBay released its annual “Most Interesting and Expensive Purchases” of the year list, taking a look back at some of the most notable purchases of 2019. With millions of buyers, ranging from car-enthusiasts to card collectors to sport superfans and more, eBay connects shoppers with exactly what they want. This year, high-end shoppers scooped up everything from rare sports memorabilia, supercars, luxury timepieces, to experiences for good, regardless of the price tag. In 2019 alone, some of the most expensive items sold on eBay fetched more than $4 million.
The competitive job market continues to drive wage growth higher, according to the latest Paychex | IHS Markit Small Business Employment Watch. Steady growth in hourly earnings and hours worked — with hours worked in December posting the strongest gains since 2012 — pushed weekly earnings growth to 4.13%, a new all-time high for employees of small businesses. The pace of small business employment growth remains consistent, with the national jobs index increasing slightly (0.06%) in December to 98.16.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.