Keyword: jobs

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  • Wages Are Growing Faster Than You Think

    09/21/2018 6:22:19 AM PDT · by reaganaut1 · 7 replies
    Wall Street Journal ^ | September 20, 2018 | David R. Henderson
    Standard wage data show that between the spring of 2017 and the spring of 2018, real wages in the U.S. increased only 0.1%. But there are three major problems with these data. First, they don’t account for fringe benefits, which are an increasing proportion of employee pay. Second, standard wage data use an index that overstates the inflation rate. Third, each year the composition of the workforce changes, as older, higher-paid workers retire and young, lower-paid workers enter the workforce. A study released this month by the White House Council of Economic Advisers addresses these three biases and concludes that...
  • Alibaba's Jack Ma says Trump's trade war killed promise of 1 million U.S. jobs

    09/20/2018 10:36:25 AM PDT · by 2ndDivisionVet · 53 replies
    NBC News ^ | September 20, 2018 | Reuters
    Alibaba Chairman Jack Ma said the company can no longer meet its promise to create 1 million jobs in the United States due to trade tensions between Washington and Beijing, China's Xinhua news agency reported Wednesday. Ma has already warned that the trade war between the world's two largest economies could last decades and that China should focus exports on the "Silk Road" trade route, citing Africa, Southeast Asia and Europe. Ma met President Donald Trump two years ago and laid out the Chinese e-commerce giant's plan to bring one million small U.S. businesses onto its platform to sell to...
  • Billionaire Ken Langone: 'This economy is booming,' and Trump deserves a lot of credit for it

    09/20/2018 10:05:59 AM PDT · by 2ndDivisionVet · 8 replies
    CNBC ^ | September 20, 2018 | Matthew J. Belvedere
    President Donald Trump's economic agenda is fueling a resurgence in the economy that cannot be denied, billionaire businessman and philanthropist Ken Langone told CNBC on Thursday. "This economy is booming," said Langone, a longtime supporter of GOP candidates who was not always a fan of Trump. "I think he's made a lot of moves that are constructive to the economy." Since Trump took office, the gross domestic product is growing at a 3 percent-plus rate. The unemployment rate is currently around a 50-year low. Langone, co-founder of Home Depot, said "every indicator" for the moment is showing a clear path...
  • Jobless claims fall again to reach new 49-year low of 201,000

    09/20/2018 6:08:58 AM PDT · by Red Badger · 15 replies ^ | Published: Sept 20, 2018 8:37 a.m. ET | By Jeffry Bartash
    The numbers: The number of Americans who applied for unemployment benefits in mid-September fell to a fresh 49-year low, more proof that a growing labor shortage and surging economy have given workers greater job security. Initial jobless claims, a rough proxy for layoffs, fell by 3,000 to 201,000 in the seven days ended Sept. 15. That’s below the 208,000 MarketWatch forecast and marks the lowest level since Nov. 12, 1969.
  • MDI adds 100 jobs in Hibbing (Minnesota)

    09/19/2018 2:02:14 AM PDT · by 2ndDivisionVet · 5 replies
    Business North ^ | September 18, 2018 | Manja Holter
    MDI, producer of standard and custom corrugated plastic packing containers, is adding 160 jobs across its four locations, with the majority to be filled at its new Hibbing facility. One hundred jobs became available in the Northland this summer in the area of material handlers, maintenance and quality technicians, production workers and hand assemblers. Many positions are contract hires with potential to become full-time jobs. Consistent with the mission of the organization, MDI has a particular interest in creating employment opportunities for individuals with disabilities. The hiring spree is being driven by an order increase placed by the United States...
  • Sycuan Begins Hiring for Over 700 New Positions (California)

    09/18/2018 11:20:40 AM PDT · by 2ndDivisionVet · 1 replies
    Cision PR Newswire ^ | September 18, 2018
    SAN DIEGO, Sept. 18, 2018 /PRNewswire/ -- Sycuan Casino announced today that the organization is now hiring for over 700 new positions for its hotel and resort expansion. The variety of new positions are in the food and beverage, hotel and casino divisions. Sycuan is kicking off its hiring efforts with a job fair this Thursday, September 20 from 1 p.m. to 4 p.m. at the East County Career Center. Sycuan will host a series of job fairs through the remainder of this year and into 2019. Many of the job fairs hosted by Sycuan will have hiring managers on-site...
  • Trump's new American economy

    09/17/2018 6:42:35 PM PDT · by 2ndDivisionVet · 2 replies
    The Wa ^ | September 17, 2018 | Peter Morici
    Now streaming on your handheld devices is America’s New Economy, and it will soon make the messages of both political parties obsolete. American consumers always spent too much. Thomas Jefferson went bankrupt by living high on credit and ever since, his countrymen have borrowed recklessly — until the next financial crisis compelled retrenchment. Periods of robust economic expansion have been defined by consumers’ willingness to splurge on big ticket items like cars and homes, and businesses’ appetite for grand new projects — Fulton’s steamboat, canals, railroads, airlines and most recently shale oil and pipelines. Remarkably the economy is now on...
  • Faraday Future announces mass hiring (1,000 jobs in California)

    09/16/2018 8:25:07 PM PDT · by 2ndDivisionVet · 3 replies
    The Hanford Sentinel ^ | September 12, 2018 | Julissa Zavala
    HANFORD — Faraday Future officials welcomed newly hired employees Tuesday at its Hanford factory and have announced even more hiring efforts. The announcement comes just in time, as the first pre-production FF 91 luxury electronic vehicle was recently built at the Hanford facility, which is located in Hanford's Industrial Park. Vince Nguyen, director of human resources and recruiting - product and technology at Faraday Future, said the company has hired around 100 employees to work in the Hanford facility and ultimately hopes to employ around 1,000 people by mid-2019. Currently, Nguyen said a majority of the new hires have original...
  • From Houston to Asia and back, ethane's final form is packaging

    09/16/2018 5:23:45 PM PDT · by 2ndDivisionVet · 7 replies
    The Houston Chronicle ^ | September 14, 2018 | Jordan Blum
    Open a bag of frozen shrimp from Walmart. Toss the packaging in the trash. Two routine tasks, but they represent final commercial destinations for ethane molecules freed from Texas shale, a journey that has not only taken them hundreds of miles to Houston’s massive petrochemical complex, but also around the world and back again in the carefully choreographed dance of global supply chains. Each day, hundreds of trucks and rail cars move pellets of ethane-derived polyethylene from petrochemical plants, such as Exxon Mobil's in Mont Belvieu, to the Port of Houston. There, the pellets are loaded by the ton onto...
  • These part time jobs can earn you $75k a year

    09/15/2018 8:57:41 PM PDT · by 2ndDivisionVet · 31 replies
    The Job Network ^ | September 13, 2018 | Peter Jones
    You want a high-paying gig, but without being tied down by a set schedule or a single job. Trouble is, you always thought part-time jobs paid little. Well, you thought wrong. The gig economy is out there, waiting for you. And the best news is: you don’t have to wait to have a college degree to get started raking in the dough. Here are several high-paying part-time jobs that could help you generate a fabulous annual salary when combined. 1. Social Media Assistant Put your Facebook skills to work helping companies manage their online profiles and marketing. You can get...
  • Wayne Farms talks expansion and new jobs at open house (Up to 435 jobs in Alabama)

    09/14/2018 1:14:59 PM PDT · by 2ndDivisionVet · 8 replies
    WTVY-TV ^ | September 13, 2018 | Lynsey Smith
    ENTERPRISE, Ala. (WTVY) - Are you in the market for a new job? Employment opportunities are waiting for you at the newly-expanded Wayne Farms manufacturing facility in Enterprise. Eddie Fortner, Enterprise Operations Manager for Wayne Farms, says "We've actually invited community leaders from around the Jack/Enterprise area...mayors, chamber of commerce, community leaders to talk about our expansion and what's going on." Fortner says the company needs to hire hundreds of new employees. "We anticipate adding from 350 to 400 hourly jobs. We have about 35 salary positions that we're hiring for so we have a lot of opportunities that's fixing...
  • VIDEO: Manufacturing firm welcomed to Lawrence County (Up to 75 jobs in Pennsylvania)

    09/14/2018 1:00:13 PM PDT · by 2ndDivisionVet · 1 replies
    The New Castle News ^ | September 14, 2018 | Jacob Ruffo
    Members of the incoming Container Services, Inc. met with their new colleagues, the Lawrence County Chamber of Commerce last night at the Crane Room Grille. CSI recently purchased the 45,700-square-foot facility located at 209 Green Ridge Road in the in the RIDC Industrial Park in Neshannock Township. The business manufactures containers designed to meet the specific requirements for a variety of areas in the packaging industry. Company President Brent Diggers and Director of Operations Tom Leihy were among the roughly 20 people in attendance. They were joined by local officials who included Lawrence County Commissioner Bob Del Signore, Neshannock Supervisor...
  • Small Georgia Manufacturer Creates New Jobs, Invests Heavily in New Equipment Due To Tax Reform

    09/13/2018 2:09:12 PM PDT · by 2ndDivisionVet
    Shopfloor ^ | September 13, 2018 | Christopher Netram
    At Evans Tool & Die, a family-owned toolmaking and stamping business in Conyers, Georgia, employees have always come first. “Generosity is one of our core values,” explained Dee Barnes, President and CEO of Evans Tool & Die. “We’ve always shared profit with our employees, and we have always given bonuses each year. With tax reform we will be able to increase those bonuses to our employees. Evans Tool & Die has always tried to reward hardworking employees. Despite much of the tool industry going elsewhere in recent decades due to an uncompetitive economic climate in the United States, Barnes has...
  • With $40M in new investment, this young logistics company aims to battle Amazon (100 jobs)

    09/13/2018 1:52:08 PM PDT · by 2ndDivisionVet · 8 replies
    The Virginian-Pilot ^ | September 7, 2018 | Ally Marotti, The Chicago Tribune
    With $40 million in new investments announced Thursday, Chicago-based e-commerce logistics company ShipBob is eyeing an expansion — starting with a new fulfillment warehouse and a push to hire 100 people in the next year. The startup aims to help small to midsize e-commerce companies ship their products at speeds similar to Amazon. Shipping logistics tends to be the hardest part of launching an e-commerce brand, said Dhruv Saxena, ShipBob’s co-founder and CEO. “The expectation from a customer standpoint is that they will get all of their e-commerce orders delivered to them like Amazon Prime: same-day, next-day,” he said. “These...
  • Trump effect: Food stamp usage down for EIGHT straight months

    09/13/2018 10:53:22 AM PDT · by SleeperCatcher · 11 replies
    The National Sentinel ^ | 9/13/18 | USA Features
    Winning: Americans’ use of food stamp assistance has now fallen for the eighth straight month as the POTUS Trump economy continues to expand, raising all boats and not just those of “the rich.”
  • Trump 'definitely' boosted U.S. growth, Fed's Bullard says

    09/12/2018 9:57:08 AM PDT · by 2ndDivisionVet · 12 replies
    NASDAQ ^ | September 12, 2018 | Ann Saphir, Reuters
    SAN FRANCISCO, Sept 12 (Reuters) - St. Louis Federal Reserve Bank President James Bullard on Wednesday credited U.S. President Donald Trump with boosting U.S. economic growth in a way that may prove to be sustainable by lifting productivity. "I definitely think that the political change had an influence; I think that this is a pro-business administration that wanted to pursue strategies that were focused on economic growth," he told reporters after speaking at CFA Society Chicago, pointing to the reduction in corporate tax rates and improvements in business sentiment under Trump. Bullard said he currently estimates the economy is capable...
  • Have Facebook data centers created jobs in other communities?

    09/12/2018 12:10:06 AM PDT · by 2ndDivisionVet · 1 replies
    WHNT-TV ^ | June 15, 2018 | Kelley Smith
    HUNTSVILLE, Ala - Altoona, Iowa. It's a town of about 18,000 people. It may not seem likely, but it has something in common with Huntsville...Facebook. Facebook announced plans to build a data center in Huntsville on Thursday. And in 2014 the social media giant built a data center in the small, midwestern town. WHNT News 19 took a look at Altoona and is taking action to find out what Huntsville's future could look like. "Facebook is building a new $750 million data center right here in Alabama," Governor Kay Ivey said at a press conference Thursday. Alabama officials made a...
  • Amazon to train community college students in cloud computing

    09/11/2018 8:23:15 PM PDT · by 2ndDivisionVet · 10 replies
    Education Dive ^ | August 14, 2018 | James Paterson
    Dive Brief: • Amazon is the latest big tech company to help graduate students with the skills that employers want, training some experts say private firms can most easily and effectively provide, according to the Los Angeles Times. • Amazon Web Services is partnering with a group of community colleges in the Los Angeles region to offer a 15-credit certification in the broadening field of cloud computing program. Planners expect the program will be expanded to a two-year degree program soon. • A pilot program was offered last year through a local high school and Santa Monica College, which helped...
  • Cultivating C-Store Careers

    09/11/2018 8:05:55 PM PDT · by 2ndDivisionVet · 9 replies
    Convenience Store Decisions ^ | August 17, 2018 | David Bennett, Senior Editor
    The newest addition to Yesway, industry veteran Derek Gaskins is part of a growing number of senior leaders who are switching from other convenience retailers or other industries. Count Derek Gaskins among the deepening pool of senior professionals who are finding new niches in the convenience store industry. As the new senior vice president of merchandising and procurement for BW Gas & Convenience, d/b/a Yesway, headquartered in Des Moines, Iowa, Gaskins acknowledges that he brings a wealth of experience and industry knowledge to the newly created role. He also reflects a growing number of senior leaders who are either transitioning...
  • It’s okay to admit that Trump deserves some credit for the economy

    09/11/2018 9:30:12 AM PDT · by 2ndDivisionVet · 15 replies
    Vox ^ | September 11, 2018 | Matthew Yglesias
    Monday afternoon. in lieu of a normal White House press briefing, we were greeted with the odd spectacle of Council of Economic Advisers Chair Kevin Hassett greeting the press corps with charts and graphs designed to make it clear that Donald Trump’s election is responsible for 2018’s rosy economic conditions. The lecture he prepared was fairly unpersuasive on a number of levels, starting with the extent to which Hassett found himself trying to back-date the inflection point to Election Day 2016, well before any actual Trump policies had taken effect. But in an administration whose messaging is normally nonstop risible...