Jobs
China to boost fiscal and monetary polices to support occupation stabilization, states minister
An aerial check out of the Tianjin CTF Finance Centre on July 17, 2022 in Tianjin, China. China will aim on growing jobs and encourage fiscal, financial and industrial guidelines to assist task industry stabilization, Li Zhong, Vice Minister of the Ministry of Human Sources and Social Stability, claimed on Thursday. Stringer | Anadolu Agency […]
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Nobel prize winner claims the U.S. demands a 1950s-design and style productivity boom
The U.S. requires to return to the sort of economic and productiveness advancement it noticed in mid-20th century to strengthen community spirits, according to a Nobel Prize-profitable economist. “We badly need to get back again to economic growth,” Edmund S. Phelps, director of the Centre on Capitalism and Culture at Columbia University, informed CNBC’s “Squawk […]
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Crypto broker Genesis slashes 20% of workforce and announces CEO exit after loans soured
Michael Moro, chief executive officer of Genesis, pauses as he speaks during the Bitcoin Conference 2022 in Miami Beach, Florida, April 6, 2022. Marco Bello | Reuters Digital asset brokerage Genesis said on Wednesday that CEO Michael Moro is stepping down and the company is slashing 20% of its workforce, the latest casualties as the […]
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5.2% of job ads offer a signing bonus — but 8 fields have the most. Here’s how workers can negotiate one
Luis Alvarez | Digitalvision | Getty Images Employers are using signing bonuses at an elevated rate to attract talent — and there are ways workers can capitalize on the trend. A signing bonus is a financial sweetener — often a lump sum of cash — that businesses offer prospective hires. Offers vary widely by company […]
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U.S. murder rates were still up in 2021 but recent data suggests that trend could be reversing
There were 6% more murders nationally in 2021 than in 2020. That’s a troubling statistic, but modest when compared to the prior year, when the U.S. murder rate climbed nearly 30%, a year-over-year record. That big increase “was a complex combination of factors related to or potentially exacerbated by the pandemic but not inherently the […]
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Why Chipotle would rather be loved by customers than feared by competitors
People visit a Chipotle restaurant on February 09, 2022 in Miami, Florida. Joe Raedle | Getty Images Chipotle Mexican Grill has evolved into one of the most popular restaurant chains in the U.S., something its management team says is a credit to a change in marketing messaging under CEO Brian Niccol. Chief marketing officer Chris Brandt, […]
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Everything from wages to used car prices could jump higher, market researcher Jim Bianco warns
Washington’s efforts to curb inflation will fall short particularly this year, according to market forecaster Jim Bianco. And, he believes this week’s key inflation data will help prove it. “I don’t see anything that will reduce the inflation rate. There are some things that might reduce prescription drug prices and maybe a couple of other […]
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Companies have been fleeing to low-tax states. Here’s why that may be bad news for workers
Corporations are not afraid to pick up and move. Many states are offering companies enticing incentives like lower taxes if they move their operations, but a superior business climate doesn’t always equate to a superior working climate. “Things that benefit employers when it comes to their bottom line or their margin, in terms of economic […]
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More Americans are working part-time — a potential harbinger of future jobs market instability
Commuters and tourists exit a subway car May 26, 2022 in New York City. Robert Nickelsberg | Getty Images More Americans were working part-time and temporary jobs last month, which may herald future shifts in the shape of what today appears a robust jobs market. Hiring in July easily blew past expectations, suggesting a strong […]
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Long-term unemployment tumbles to its pre-pandemic level, helping to ‘mitigate the risks of labor-market scarring’
Long-term unemployment tumbled below its pre-pandemic level in July, the U.S. Department of Labor said Friday, as an unexpectedly strong showing of job gains buoyed workers broadly across the economy. Long-term joblessness is a period lasting at least six months. Those without work that long are exposed to more financial risks, since they’ve generally exhausted […]
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