Author Archive
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Tycoon Says 270K Aussies Need to Lose Their Jobs
One of Australia's richest men has apologized after calling for 270,000 job losses to show workers their place. Gurner Group founder and CEO Tim Gurner, a multimillionaire real-estate tycoon, was speaking at the Australian Financial Review 's property summit on Tuesday when he said workers have become "arrogant" since... Go to Source Author: Arden Dier
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Jobs Market Is Cooling, but With Few Layoffs
The nation's employers added a solid 187,000 jobs in August in a sign of a still-resilient labor market despite the high interest rates the Federal Reserve has imposed. The job growth marked an increase from July's revised gain of 157,000 but still pointed to a moderating pace of... Go to Source Author:
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Tech-Savvy Job Hunters Turn to ‘White Fonting’
Some applicants have been using an interesting hack to dupe AI and other tech filters when pursuing new positions. It's called "white fonting," explains the Washington Post . The idea is pretty straightforward—job seekers cram keywords from job descriptions onto their resumes, but change the font to white so they... Go to Source Author: Steve Huff
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Employers Add Fewer Jobs Than Expected
US employers added 187,000 jobs last month, fewer than expected, as the higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a sign that the job market remains resilient, per the AP . Hiring was up from 185,000 in June,... Go to Source Author:
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New Jobs Report Suggests Rate Hike Is a Safe Bet
America's employers pulled back on hiring but still delivered another month of solid gains in June, adding 209,000 jobs in a sign that the economy's resilience is confounding the Federal Reserve's drive to slow growth and inflation, per the AP . The latest evidence of economic strength makes it all... Go to Source Author:
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Strong Jobs Numbers Put Dow in a Sour Mood
US job openings slipped in May but remained at levels high enough to illustrate that the American labor market remains resilient in the face of sharply higher interest rates. Employers posted 9.8 million job vacancies, down from 10.3 million in April, the Labor Department said Thursday. But layoffs... Go to Source Author:
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In China, 35 Is an Age to Be Feared
Forty might be the dreaded age at which you're over the hill, but take comfort: In China, 35 is apparently the age to fear. The New York Times reports on the "Curse of 35," which it calls a "widespread belief" that Chinese workers lose their appeal after 35. Age discrimination... Go to Source Author: Kate Seamons
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Jobs Report Comes in Way Stronger Than Expected
The new jobs report is out, and it shows that American employers continue to hire workers at a pace that defies expectations, reports the Wall Street Journal . More: New hires: Employers added 339,000 jobs in May, well above predictions of 190,000. Economists keep expecting to see a sharp... Go to Source Author: John Johnson
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Unemployment Hasn’t Been This Low Since 1969
America’s employers added a robust 253,000 jobs in April, evidence of a labor market that still shows surprising strength despite rising interest rates, chronically high inflation, and a banking crisis that could weaken the economy. The unemployment rate ticked down to 3.4%, matching a 54-year low from 1969,... Go to Source Author:
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New Jobs Numbers May Keep Pressure on Fed
America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but enough to keep pressure on the Federal Reserve to raise interest rates aggressively to fight inflation, per the AP . The number was above expectations of 208,000. Rate: The unemployment rate rose to 3.... Go to Source Author:
