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The extent to which our economy relies on consumer spending has been highlighted with the way stores are suffering and already preparing for a painful holiday season. Retail companies don't just rely on us to make them profitable; many of us also rely on them to print our paychecks. Can you guess how many Americans work in the retail sector?
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2008 is not yet over, yet the final votes have been cast for the word of the year. When I think of the past year, I think foreclosure, but the New Oxford American Dictionary only crowns a word that is unique and was populated in the past year. For example, these four words were runners-up to the word of the year winner.
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Dear Savvy,
With the economy the way it is, what's the average pay cut people are being forced to take after their position is eliminated and they need a job? And what is the best way to handle an employer asking what salary you are looking for in this kind of economy?
See my answer when you read more.
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This weekend I ate at one of my favorite Italian restaurants in San Francisco, where the food is predictably good and the menu selection and prices haven't changed in the four years I've been eating there. As I skimmed the menu for the familiar descriptions of my two most loved dishes, I happened to notice that something was different.
Instead of just listing one usual price, two numbers appeared side-by-side under each entree option.
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