Tag Archives: job

As the ongoing labor shortage continues stifling America’s economy from fully recovering from the coronavirus pandemic, some states are having to fight harder than others to attract talent. A new report from WalletHub highlighted the states that are struggling to hire the most. Alaska took the top spot, with a job openings rate of 8.3%, followed by Louisiana at 7.7%. Rounding out the top five were New Mexico and Georgia, tied at 7.6%, and Montana at 7.5%. “This could be happening for a… Source link

Inflation is expected to have slowed again last month, though price increases facing U.S. consumers remain near 40-year highs — even as the Federal Reserve raises interest rates at the fastest pace in decades. The Bureau of Labor Statistics’ November Consumer Price Index (CPI) is scheduled for release at 8:30 a.m. ET on Tuesday. Economists surveyed by Bloomberg expect headline prices rose 0.3% over the prior month and 7.3% over last year. In October, inflation rose 0.4% over the prior month… Source link

The string of tech companies laying off workers has accelerated in the last month, worrying those with and without jobs. In continuation of our series, “What to do in a bear market,” Yahoo Finance asked career experts how employees and job seekers can best position themselves during an economic downturn. What are some pointers for people who are actively looking for a job right now? “For those who are actively looking for work right now – whether laid off recently, or looking to make a… Source link

In 2014, the Wall Street Journal reporter John Carreyrou began investigating the biotech startup Theranos. Its founder, Elizabeth Holmes, claimed the company had revolutionary technology that could run sophisticated medical tests on patients with just one drop of blood. The more Carreyrou probed, the more he grew skeptical of Holmes’ claims. Eventually, he wrote a series of damning stories that revealed Holmes to be a fraud. Four years later, he published “Bad Blood: Secrets and Lies in a… Source link

Gary Cohn, IBM vice chairman and former chief economic adviser to President Donald Trump, warned that significant job losses are necessary to get inflation under control. “We’re going to have to see job destruction if we’re really going to see inflation be curtailed,” Cohn said in an interview during Yahoo Finance’s All Markets Summit on Monday (video above). His comments follow September’s hotter-than-expected inflation print, which showed consumer prices rose 0.4% from a month… Source link

September 19, 2022 According to Yahoo News, job candidates are hiring proxies and paying up to $150 an hour to sit in job interviews. A story published on Yahoo News reported the reasons for the use of proxies range from candidates being nervous or underqualified for the job to criminals that are trying to steal data to damage a company’s reputation. The trend has been noticed… Source link

In the late 1990s, Jerome Powell got a new job as partner at the Carlyle Group, one of the world’s biggest private equity firms, with a massive $11 billion market cap and even bigger $376 billion of assets under management. Only a few years after Powell left Carlyle, he was nominated to the Federal Reserve Board of Governors, where he now serves as chairman. Carlyle was cofounded by David Rubenstein, a billionaire who served in the Jimmy Carter administration and is very active in… Source link

Updated Aug. 30, 2022 4:57 pm ET Listen to article (2 minutes) California may soon require nearly all employers hiring in the state to begin listing pay on job postings, a move that could affect many of the biggest U.S. companies. A bill passed by the California legislature mandates that all organizations with 15 or more employees include the hourly pay or salary range on job listings in the state. It also calls for companies to disclose more information to the state on the wages of existing… Source link

Federal Reserve Chairman Jerome Powell on Friday said the central bank’s job on lowering inflation is not done, suggesting that the Fed will continue to aggressively raise interest rates to cool the economy. “We will keep at it until we are confident the job is done,” Powell said in remarks delivered at the Fed’s annual conference in Jackson Hole, Wyoming. “While the lower inflation readings for July are welcome, a single month’s improvement falls far short of what the Committee… Source link

In the Yahoo Fantasy Football Forecast, Matt Harmon and Andy Behrens break down the news that Baker Mayfield has been named the Week 1 starting QB for the Carolina Panthers, and how that decision impacts other players on the Panthers like DJ Moore and Christian McCaffrey. Video Transcript MATT HARMON: This morning, I mean, as expected, I think Tom Pelissero tweeted it out and like, as we frickin’ hoped for, the Panthers have named a week one starter. And it is Baker Mayfield. We were hoping… Source link