Tag Archives: job

Overheating job market has raised the risk of recession meaningfully, warns Goldman Sachs

Overheating job market has raised the risk of recession meaningfully, warns Goldman Sachs

Goldman Sachs isn’t yet ready to join the chorus of its peers in calling a U.S. recession, but it sure appears to be inching closer to that frenzied camp. “We do put some weight on the historical patterns [of the labor market] and believe that the overheating of the labor market has raised the risk of recession meaningfully. The yield curve seems to discount a recession probability in 2023 of about one in three, roughly double the unconditional average, and we would broadly concur with this… Source link

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‘Your job is to find a way to win’

Kansas City Chiefs star QB — and new constant in the NFL playoffs — Patrick Mahomes says the league’s new overtime rules are just fine with him. “Your job is to find a way to win the game, no matter how long it takes,” Mahomes said in an interview with Yahoo Finance Presents. This week, the NFL’s 32 clubs passed a rule change that would allow both teams to get possession of the ball in overtime at least once. Under the prior rules, the first team that scored in overtime won the game. The… Source link

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US job openings inch lower to reach 11.266 million in February

U.S. job openings edged lower last month to retreat only modestly from a record high, and vacancies still far outpaced new hires as employers struggled to bring back more sidelined workers. Job openings totaled 11.266 million in February, the Labor Department said in its Job Openings and Labor Turnover Summary (JOLTS) on Tuesday. This came after job openings came in at 11.283 million in January, according to the Labor Department’s revised figure. Consensus economists were looking for 11.000… Source link

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It’s a ‘job seekers market’ right now: Randstad Sourceright CEO

February’s job market numbers easily exceeded economists’ expectations, providing a ray of sunlight in an otherwise dark news cycle weighed down by the worsening strife in Ukraine. Workers are wielding more power in a labor market characterized by shortages across industries. Employers added 678,000 jobs in February, far more than consensus estimates, signaling a tightening labor market. “It’s certainly a job seekers market at the moment,” CEO of Randstad Sourceright Mike Smith told… Source link

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Retired Rams S Eric Weddle takes high school coach job

Less than a week after winning a Super Bowl and quickly returning to retirement, Eric Weddle has his next job lined up. Rancho Bernardo High School in San Diego announced Saturday that outgoing football head coach Tristan McCoy will be replaced by the longtime NFL safety. The announcement via Facebook: It’s official! The 2022 football season will be coach McCoy’s last as the RBHS head coach. Coach McCoy has led the Broncos’ football program the past 11 seasons, and built a reputation of… Source link

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The 19-year-old who turned down $5,000 from Elon Musk to stop tracking his private jet has gotten a job offer out of the viral saga

Elon Musk.Picture Alliance/Getty Images The teen who went viral for tracking Elon Musk’s private jet got a job offer out of the saga. The New York Post said Jack Sweeney was offered work with Stratos Jet Charters. Musk previously offered Sweeney $5,000 to shut down the account and has since blocked the teen. The teen who went viral for tracking Elon Musk’s private jet on Twitter has gotten a job offer out of that pursuit. Jack Sweeney, 19, has been offered work with the Orlando, Florida,… Source link

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Job openings rose to 10.925 million in December

The number of job openings and quits each held at historically elevated levels in December, with worker leverage remaining high as labor demand persisted.  Vacancies across the U.S. totaled 10.925 million at the end of 2021, the Labor Department said in its latest Job Openings and Labor Turnover Summary (JOLTS). This compared to 10.775 million openings in November, according to the revised monthly print. Consensus economists had anticipated December vacancies would come in at 10.3 million,… Source link

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June Jones declines Hawaii coaching job after contract issues

June Jones wanted to return to Hawaii and lead the football program again. In fact, he still wants the head job. Jones, though, declined Hawaii’s offer to return and lead the program to replace former coach Todd Graham on Friday night. The terms, he said on Twitter, simply weren’t acceptable. “No coach in their right mind,” he said, would accept the job that was presented to him. Jones said on Twitter that he was only offered a two-year contract and hinted that he was going to be told… Source link

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Taming inflation is a ‘critical job’ for the Federal Reserve

President Joe Biden acknowledged that a major problem facing Americans remains high inflationary pressures, but said Wednesday that a large share of the dilemma falls on the shoulders of the nation’s central bank. “A critical job in making sure elevated prices don’t become entrenched rests with the Federal Reserve, which has a dual mandate: employment and stable prices,” Biden said on the eve of the one-year anniversary of his inauguration. The price stability mandate is in flux, where the… Source link

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Lakers coach Frank Vogel in danger of losing his job

The Los Angeles Lakers‘ braintrust is leaning heavily toward making coach Frank Vogel the scapegoat for their own failure to build another NBA championship-level roster around LeBron James and Anthony Davis. Vogel was “coaching for his job” during Monday’s victory against the Utah Jazz and will continue to be “evaluated on a game-to-game basis” going forward, according to The Athletic’s Bill Oram and Sam Amick.  In other words, Vogel could be fired any day now. The Lakers won the title just… Source link

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