'The Great Resignation' Is Upon Us

10 most enjoyable jobs for older workers, look up the history of your house

August 31, 2021 View in Browser Your Money Decisions From U.S. News Advice on credit, loans, budgeting, taxes, retirement and other money matters.

The Tables Turn At this time last year, numerous major companies were announcing layoffs as the unemployment rate hit double digits in April 2020 and remained high through the summer. But what a difference a year can make. Economic recovery in the U.S. has left employers struggling to fill positions and keep workers. The number of available job positions rose to 10.1 million in June from 9.2 million in May, according to the Labor Department's Job Openings and Labor Turnover Survey released in August. Meanwhile, the number of people who voluntarily left their jobs increased to 3.9 million in the month, and the quits rate rose to 2.7%. Experts point to the normalization of remote work and a period of introspection among workers as factors contributing to this "Great Resignation." Learn more about what's driving the exodus in this story: Gen Z, Millennials Driving 'The Great Resignation' During this pandemic, we've all been reminded that life is short. If you're contemplating joining "The Great Resignation" yourself, hear from experts on How to Leave a Job After Only 3 to 6 Months and keep reading for insights on when and how to quit a job. Emma Kerr Personal Finance Editor, U.S. News Start Your Job Search How to Quit a Job The average American will hold more than 12 jobs in a lifetime, according to the U.S. Bureau of Labor Statistics. Some of the transitions may be involuntary terminations or layoffs, like many experienced during the coronavirus pandemic, but the majority will result from employee resignations. If you find yourself in this position, here are eight steps to help you leave a position in the right way. Read more. How to Handle Competing Job Offers Having competing job offers can feel great. However, the reality is that getting multiple offer letters can also put you in a stressful situation. It can be difficult and confusing to decide which to choose. Here's how to navigate this potentially sticky situation. Read more. 10 Most Enjoyable Jobs for Older Workers Older workers who are age 50 to 65 aren't so different from their younger counterparts, but older Americans may be in a better position to pursue their dream job. Whether you want an encore career or are simply looking to make some extra money while semiretired, here are 10 job options for over-50 somethings to consider. Read more. Get a Fresh Start Some Renters May Qualify for Mortgages More Easily First-time homebuyers who want to transition from paying rent to owning a home could benefit from a new underwriting program from Fannie Mae that allows lenders to consider rent payment history. Here's how these new rules will change mortgage underwriting. Read more. How to Look Up the History of Your House The anxiety of buying a new home can form in any number of ways, and you might find yourself questioning the property you've chosen. Here are eight things about your house you may want to know. Read more. What to Know About Companies That Buy Houses While they may all seem similar on the surface, there are many different types of companies that are interested in buying your home, often for cash and with a quick turnaround. We're breaking down the types of companies you may encounter and how they do business, as well as what you should factor in if you're considering selling your home to a company. Read more. The Latest Coronavirus Updates COVID-19's Economic Impact Understand how the coronavirus pandemic will continue to affect your finances. Review the government's relief measures and what it means for workers and families, as well as other strategies for navigating the economic recovery. COVID-19 Relief Package: What's in It for You All About the New $3,000 Child Tax Credit What Are Plus-Up Payments? 4 Top Money Lessons From the Pandemic Apply for Partial Unemployment Benefits What to Do If You Get Evicted "Lenders have always tried to obtain a rental reference from the consumers' landlord. While they were helpful in the underwriting process, most of these written references did not provide much detail, and there was no way to be sure they were even accurate. What's different about the new Fannie Mae product is that they use the actual payment data from the consumer's bank account over 12 months to verify on-time payment of rent." - Ron Haynie, senior vice president of housing finance policy for the Independent Community Bankers of America Follow Us ✉ If you're enjoying this newsletter, forward it to a friend. They can click here for the latest personal finance advice and check out more of our U.S. News newsletters. Follow U.S. News Money on Twitter for more advice about your finances and our main Facebook page for news and advice across all areas of your life. You can also get career and money advice by following us on Linkedin. And follow the U.S. News Money team on Twitter: @EmmaRKerr, @BeverlyHarzog, @DevonThorsby, and @Aiming2Retire. Email Emma your personal finance questions and yours might be featured in a future edition of Your Money Decisions: Email Me

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