Career Change?

  Experts say working mothers should consider the short- and long-term financial affects of quitting their job, including impacts to their earning potential and credit score. PHOTO: GETTY IMAGES/ISTOCKPHOTO

  A tricky choice: I am among the Americans with a large family. Raising children was already a full-time job before the pandemic. The last several months have brought new demands to the endeavor. It is forcing some working mothers to consider quitting their jobs as the burden of childcare duties still falls largely on women.

   Veronica Dagher published a list of big issues to scrutinize if you are navigating this tricky choice. Among them:
  What do I need to consider financially in the short term if I quit? Keep some bills in your name to maintain your credit score.
  How might resigning impact my overall financial picture three to five years from now? A study by researchers at Texas A&M University found that women who resume working after an interruption often face a downward career trajectory.
  Will quitting affect my ability to get rehired? Marianne Ruggiero, a career coach in New York City, suspects employers will be sympathetic when they consider a candidate’s pandemic-related career break.
  Veronica also tackles questions about insurance, long-term financial planning and how to maintain a network while away.
  Meanwhile, WSJ's Your Money Briefing takes a look at when it is right to take a buyout.
  — John Stoll, WSJ business columnist
  Reach me by responding to this email, or at [email protected]

  Changing Workforce

  'Mixed reality': Harvard Business Review looks at the next generation of office culture. More than 40% of workers are expected to remain remote for the foreseeable future. Expect innovation in comms techniques and tools.

  Pullback: Listings for available jobs fell in September after months of gains. Why are companies pulling back hiring? It partially reflects malaise in the economy, and indicates employers aren't optimistic about the near term.

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  Microsoft employees are going to be allowed to work from home routinely, as long as that time adds up to less than half of their workweek.

  Tech Briefing

  High-speed iPhone coming: Apple has scheduled an event for Oct. 13, when it is expected to unveil this year’s iPhone lineup. The company has said nothing about plans for what would be the 20th iteration. Next-generation 5G wireless standard will be included in at least some of this year’s designs.

  What Is Triller? Triller aspires to be the homegrown U.S. version of TikTok, and in recent weeks the video-sharing app has signed up high-profile users including teen influencer Charli D’Amelio and Donald Trump Jr. At a fraction of TikTok’s size, Triller is trying to position itself as a fallback for social-media users.

  Quoteworthy

     “At this point, we still have disagreement on many priorities, and Democrats are awaiting language from the Administration on several provisions as the negotiations on the overall funding amount continue."

 — House Speaker Nancy Pelosi (D., Calif.) on the on-again, off-again effort to reach an agreement on a fifth aid package before the election     

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