Black Friday Boosts Online Shopping Amidst Sluggish Retail Performance in the USA EDITORDecember 2, 202301.7K views After COVID-19 subsided, business and tourism exchanges became more frequent, U.S. consumer confidence gradually recovered, and consumer spending increased significantly. However, retail sales began to decline in October. On the contrary, the online shopping market has grown significantly due to the Black Friday shopping trend. Read more
2023 World’s Best Cities Rankings Released, London Gets First Place for 9 Years EDITORNovember 29, 202302.6K views The global brand consulting agency recently announced the 2024 World’s Best Cities rankings. London ranked first among the best cities for the ninth consecutive year, followed by Paris, New York, Tokyo, Japan, Singapore, Dubai, San Francisco, and Barcelona. Ghana, Amsterdam, and Seoul. Read more
World’s 20 Richest Countries Released, Singapore Tops the List EDITORNovember 18, 202302.1K views The 2023 World’s 20 Richest Countries ranking is released, with Singapore ranking first with a 2023 GDP of US$157,354. Followed by Luxembourg, Qatar, Ireland, and the United Arab Emirates in fifth place. Taiwan lists 12th in this ranking due to its developed consumer electronics industry. Read more
The World Economy Faces a Crisis of Disintegration as The Workforce Ages EDITORApril 7, 202302K views The World Bank warned in March that the impact of an aging workforce on the global economy continues to intensify. In Japan and South Korea, due to the rapid increase in the proportion of the elderly population and the lack of a young labor force, the economic growth rate has been significantly dragged down. China, the United States, and many European countries are facing the problem of an increasing retirement population, but there is a shortage of a replaceable labor force. Read more
4 Day Week Study Finds Fewer Work Hours but Earns More Profits EDITORMarch 17, 202301.6K views The results of the world’s largest 4 Day Week experiment show that the average annual revenue of enterprises increased by 35% and the employee turnover rate dropped by 57%. Therefore, more than 90% of enterprises are willing to allow employees to continue to work 4 days a week. Employees enjoy the balance between work and life, which improves overall work performance and efficiency. Read more
Studies Have Found That People With Higher Annual Incomes Are Not Necessarily Happier EDITORFebruary 27, 202301.9K views A study by Nobel laureates Kahneman and Deaton found that after Americans earn more than $75,000 a year, happiness does not increase with income. Numerous studies have also shown that people with high monthly salaries are not necessarily happy, but only those who are engaged in jobs they are interested in and who are satisfied with both internal and external factors of job satisfaction are happy to work. Read more
It is Happier to Work Like the Danes EDITORJanuary 5, 202301.8K views Denmark, one of the happiest countries in the world, works an average of 18 days a month and 34 hours a week. The Danes always maintain a work-life balance while maintaining high employee productivity. Learning their views on work may make us work happier. Read more