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Keyword: jobs

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  • Amazon is going to kill more American jobs than China did

    01/23/2017 3:36:10 PM PST · by Lorianne · 92 replies
    Market Watch ^ | 20 January 2016 | Rex Nutting
    Millions of retail jobs are threatened as Amazon’s share of online purchases keeps climbing ___ Amazon.com has been crowing about its plans to create 100,000 American jobs in the next year, but as with other recent job-creation announcements, that figure is meaningless without context. What Amazon won’t tell us is that every job created at Amazon destroys one or two or three others. What Jeff Bezos doesn’t want you to know is that Amazon is going to destroy more American jobs than China ever did. Amazon has revolutionized the way Americans consume. Those who want to shop for everything from...
  • Trump meets with leaders of building, sheet metal unions

    01/23/2017 2:00:46 PM PST · by 2ndDivisionVet · 6 replies
    Reuters ^ | January 23, 2017 | David Shepardson
    President Donald Trump met Monday at the White House with leaders of construction, carpenters, plumbers and sheet metal unions, the White House said. According to the White House, participants included North America's Building Trades Unions President Sean McGarvey, Laborers' International Union of North America President Terry O'Sullivan, SMART sheet metal workers' union President Joseph Sellers, United Brotherhood of Carpenters President Doug McCarron and Mark McManus, president of the United Association that represents plumbers, pipefitters, welders and others. The union meeting also included several local union officials and follows a gathering of 12 chief executives of large companies at the White...
  • Trumps Give Biz Leaders 30 Days To Put Together Plan To Create Jobs

    01/23/2017 12:06:13 PM PST · by 2ndDivisionVet · 26 replies
    WWJ-FM ^ | January 23, 2017
    DETROIT (WWJ) – Ford Motor Co. CEO Mark Fields says President Donald Trump’s meeting with some big league business leaders was “very positive.” The new president met with a group of top manufacturing leaders — including Fields, Elon Musk, the head of SpaceX; Andrew Liveris, the CEO of Dow Chemical; and the executives from Dell, Johnson & Johnson and Lockheed Martin — for what the Trump administration called “a listening session” in the in the Roosevelt Room at the White House on Monday. Liveris told reporters following the meeting that he was impressed with how “engaged” the president was, explaining...
  • Apple supplier Foxconn mulling $7 billion investment in US to create 50,000 jobs; Pennsylvania wins!

    01/23/2017 7:15:32 AM PST · by SeekAndFind · 37 replies
    American Thinker ^ | 01/22/2017 | Thomas Lifson
    The world’s largest contract manufacturer of electronics, the principal supplier of iPhones and iPads, has let it be known that Pennsylvania may be the home of a massive investment in US manufacturing. Bloomberg reports:  Foxconn Technology Group is considering building a U.S. display-making facility for upwards of $7 billion, a major investment for Apple Inc.’s main manufacturer that may create tens of thousands of American jobs during President Donald Trump’s first year in office. The company is considering a joint investment with Sharp Corp.[1], the Japanese display supplier it bought last year, but details have yet to be hammered out,...
  • President Trump: Busy week planned

    01/23/2017 3:54:35 AM PST · by monkapotamus · 22 replies
    President Donald J. Trump Twitter ^ | January 23, 2017 | President Donald J. Trump
    Donald J. Trump ‏@realDonaldTrump 12 minutes ago Busy week planned with a heavy focus on jobs and national security. Top executives coming in at 9:00 A.M. to talk manufacturing in America.
  • President Trump Touts Job Creation, Economic Growth at Inauguration

    01/22/2017 2:34:08 PM PST · by Kaslin · 6 replies
    Townhall.com ^ | January 22, 2017 | Paul Dykewicz
    WASHINGTON--President Donald Trump vowed in his inaugural speech, following his oath of office Friday, to pursue policies that would spur economic growth, create jobs and protect American interests.An effect likely would be to boost demand for crude oil, which rose in price more than 2% on Inauguration Day, with part of the gain coming after his address. U.S. energy companies, among others, may benefit from his policies.Oil prices could be affected further after Sunday’s meeting in Vienna, Austria, between members of the Organization of Petroleum Exporting Countries and some other oil-producing countries, including Russia, which are trying to agree...
  • Forgotten and forlorn, a Mass. town finds hope in Donald Trump

    01/23/2017 12:29:36 AM PST · by 2ndDivisionVet · 19 replies
    The Boston Globe ^ | January 22, 2017 | Andrew Ryan
    WINCHENDON — At the elbow of the bar, where afternoon regulars with calloused hands gripped $3 longnecks, the consensus was clear in the Toy Town Pub: America needs President Trump’s business smarts. The country needs Trump’s tell-it-like-it-is bluster because politicians who told us what we wanted to hear got us into this mess. It needs Trump to build that wall along the Mexican border to protect Americans who can’t find jobs. Most of all, America needs Trump to restore prosperity to forgotten places like Toy Town, the nickname Winchendon acquired a century ago — before the toy industry left. That...
  • Accept President Trump and hold him accountable for promised change

    01/22/2017 11:41:54 PM PST · by 2ndDivisionVet · 23 replies
    The Seattle Times ^ | January 20, 2017 | The Editorial Board
    American elected a president who promised change. It’s time to start encouraging him to make changes that benefit everyone. ALTHOUGH it won’t be easy for some, it’s time for Americans to get used to the sound of President Trump. We must now accept his presidency and press him to follow through on his promises to grow the economy, strengthen America and revitalize its middle class. This will require faith and engagement. This editorial board, which endorsed Hillary Clinton for president, and other citizens will be challenged to look beyond Trump’s rhetoric — and troubling tweets — to assess actual policy...
  • Manufacturing CEOs readying for the expected Trump expansion

    01/21/2017 9:53:22 PM PST · by 2ndDivisionVet · 14 replies
    The Washington Examiner ^ | January 22, 2017 | Salena Zito
    President Trump says he will be the greatest jobs producer God ever created. "I'm going to work very hard on that. We need certain amounts of other things, including a little bit of luck, but I think we're going to do a real job," he said recently. While his critics laughed and economists urged caution, the truth is American manufacturing is already showing signs of confidence and optimism about a Trump presidency. U.S. CEO's are rewarding the incoming administration with a flurry of announcements promising new jobs, bigger inventories and a reduction of operations moving to Mexico and abroad. Some...
  • CarMax looks to hire 120 for new Lynnwood, Puyallup stores (Washington state, career fair on 20th)

    01/18/2017 6:59:03 PM PST · by 2ndDivisionVet · 11 replies
    The Everett Herald ^ | January 10, 2017
    LYNNWOOD — CarMax, which bills itself as the nation’s largest retailer of used cars, is hiring more than 120 people at two new stores opening March in the Puget Sound region, one in Lynnwood and one in Puyallup. The publicly traded company is looking to hire full- and part-time employees and is offering up to a $5,000 signing bonus for automotive technicians. The company is planning to hold a career fair from 11 a.m. to 3 p.m. Jan. 20 at 202 15th Ave. SW, Puyallup. Or people can apply at http://jobs.carmax.com. CarMax, based in Richmond, Virginia, has more than 150...
  • Tech Mahindra to hire more local people in US, says CEO CP Gurnani (India on the Trump train?)

    01/18/2017 3:54:30 PM PST · by 2ndDivisionVet · 6 replies
    The Financial Express ^ | January 18, 2017 | Staff
    Tech Mahindra will continue to invest in hiring more and more local people in the US as part of its efforts to augment competitiveness across locations, CEO CP Gurnani told a TV news channel on Wednesday. “Tech Mahindra is very conscious that not only the US, but the world is about localisation now,” Gurnani said in an interview to ET Now on the sidelines of the ongoing World Economic Forum in Davos. “Local skills have to be upgraded so that the products continue to be getting delivered,” he said. He was responding to queries on concerns about the US President-elect...
  • 'Give the Guy a Chance' Iowa Trump Supporters Say

    01/18/2017 2:34:09 PM PST · by 2ndDivisionVet · 3 replies
    ABC News ^ | January 18, 2017 | Meghan Keneally and Josh Haskell
    Iowa has played an important role in the presidential election process for decades as a swing state in the heart of the Midwest, and this year it swung for Donald Trump. Now Trump supporters are excited to see how their pick pans out. “He won the Electoral College because of the Midwest,” said Beverly Harper, a 77-year-old who worked in therapeutic horseback riding from Bettendorf, Iowa, “You take Wisconsin, Iowa all those states and Pennsylvania also. Right down the center of the United States. The little guy is finally speaking up.” Harper was one of a handful of customers at...
  • 200,000 New Energy Jobs Forecast In 2017

    01/18/2017 8:14:11 AM PST · by bananaman22 · 4 replies
    The latest U.S. Energy and Employment Report has forecast that the sector of energy efficiency will see a 9-percent increase in employment this year – the highest growth rate across energy sectors, according to the Department of Energy. The survey was conducted among 30,000+ employers from the energy industry, who shared their hiring plans for the next 12 months. Within the energy efficiency sector, the Department also said, the highest growth in employment will be in construction, at 11 percent, followed by the segment of wholesale trade, distribution, and transport, with an expected employment growth rate of 8.3 percent. The...
  • President-Elect Trump Tweets RE: NBC News & Jobs

    01/18/2017 4:44:09 AM PST · by JPX2011 · 16 replies
    Twitter ^ | January 18, 2017 | President-Elect Donald Trump
  • SAP to create 10,000 jobs in US, pending Trump tariff policies

    01/17/2017 5:53:44 PM PST · by 2ndDivisionVet · 11 replies
    CNBC ^ | January 17, 2017 | Karen Gilchrist, Digital Reporter
    Multinational software giant SAP SE has called on the incoming Trump administration to rethink any punitive tariffs and tax policies as it sets out to create 10,000 new jobs in the U.S. over the next year. The firm, which currently serves 25 industries across 190 countries, aims to significantly boost its business in the U.S. over the coming 13 months, chief executive Bill McDermott told CNBC's Squawk Box at the World Economic Forum in Davos, Switzerland. However, he said that he was worried that added taxes and tariffs could be "problematic" for these goals. "We obviously don't want to get...
  • Wayne County is glad it voted 84 percent for Trump

    01/17/2017 3:47:47 PM PST · by 2ndDivisionVet · 23 replies
    The Chicago Sun-Times ^ | January 17, 2017 | Neil Steinberg
    FAIRFIELD, Illinois — Drive 275 miles due south from Cook County to Wayne County. You’ll notice differences right away. It is warmer here, literally — last Wednesday, when it was 42 degrees in Chicago, it was 67 degrees in Fairfield, the county seat, and with a population of 5,000, the largest town in Wayne County, population 15,000. Figuratively warmer too. Ask directions at a bakery and the owner will walk out into the street to point the way. Strangers volunteer to put you up for the night. Pop in on the bank president, unannounced, and he’ll visit with you a...
  • Hyundai to invest $3.1 billion in U.S. plants (Including new plant, "thousands" of jobs)

    01/17/2017 2:01:24 PM PST · by 2ndDivisionVet · 37 replies
    Market Watch ^ | January 17, 2017 | In-Soo Nam
    SEOUL--Hyundai Motor Co. (005380.SE) said Tuesday it will invest as much as $3.1 billion in its existing U.S. manufacturing facilities, and is considering a new plant in the world's most profitable auto market that would help to create thousands of new jobs. The South Korean automotive group, which includes affiliate Kia Motors Corp., said it will spend the money over the next five years on research and development of new technologies such as autonomous vehicles and on upgrading existing facilities. "The U.S. market is crucial to our success as a global auto maker. We will continue to expand our presence...
  • Wal-Mart to add about 10,000 retail jobs in the US

    01/17/2017 1:43:34 PM PST · by 2ndDivisionVet · 9 replies
    CNBC ^ | January 17, 2017 | The Associated Press
    Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations. The world's biggest retailer said Tuesday that there will also be about 24,000 construction jobs as well. Wal-Mart Stores says there will be 59 new, expanded and relocated Walmart and Sam's Clubs facilities....
  • Economic Prosperity in the Digital Age

    01/17/2017 12:30:54 PM PST · by 2ndDivisionVet · 5 replies
    Project Syndicate ^ | January 16, 2017 | John Chambers, Executive Chairman of Cisco
    SAN JOSE – Around the world, people are demanding change. Recent electoral outcomes – perhaps most notably, the Brexit vote in the United Kingdom and the presidential election in the United States – have highlighted rising economic uncertainty. In this environment, it is imperative that leaders articulate and deliver on a clear vision for inclusive economic growth, one that accounts not only for tax and trade policy – the focus of many of today’s debates – but also for digitization. Representing $19 trillion in potential economic value over the next decade, digitization has the power to enable countries to kick-start...
  • President-Elect Trump Tweets RE: Jobs

    01/17/2017 6:39:19 AM PST · by JPX2011 · 4 replies
    Twitter ^ | January 17, 2017 | President-Elect Donald Trump
  • Trump Pushes Lockheed to Cut F-35 Costs by Asking Boeing to Develop a Comparable Jet

    01/16/2017 10:33:18 PM PST · by 2ndDivisionVet · 35 replies
    Newswire ^ | January 16, 2017 | Boris Djuric
    After meeting with the president-elect Donald Trump, Lockheed Martin CEO, Marillyn Hewson, promises to lower the costs of F-35 program as well as to create 1,800 new jobs. This brings out the question how come cheaper F-35 program and thousands of new jobs weren’t suggested earlier? Also, a frequently asked question is whether developing the fifth generation F-35 “super jet”, which proved to be not that “super” after all, justified spending $trillions of taxpayer’s money? According to Trump, this expense is unacceptable. The President-elect already promised a modernization of U.S. military, however, under certain conditions. “The F-35 program and cost...
  • Taxpayers Off The Hook With Trump's Infrastructure Plan (750,000 new jobs)

    01/16/2017 4:27:03 PM PST · by 2ndDivisionVet · 24 replies
    Fox Business News ^ | January 16, 2017 | Julia Limitone
    Private enterprise is lining up to help pay for the nation’s crippling infrastructure. Norman Anderson, informal advisor to the Trump “Infrastructure Task Force,” says there are 68 infrastructure projects ready to go under president-elect Trump and taxpayers will not have to pay for it. “Forty billion dollar’s-worth of electricity transmission projects [are] ready to go as soon as we can move through the approval process,” Anderson told the FOX Business Networks Stuart Varney. However, regulatory hurdles must be addressed he said....
  • Protestors to Inauguration Paid In Tulsa

    01/16/2017 4:40:11 AM PST · by Candor7 · 198 replies
    Back Page ^ | 12 January 2017 | Backpage
    (Thanks to Freeper Fred Nerks.) Protestors are being paid and trained in Oklahoma. Our Community Organizer president wants to go out with a Bang! Shall we accommodate him?
  • John Lewis, Donald Trump Is The Legitimate President Of The United States

    01/15/2017 10:03:58 PM PST · by 2ndDivisionVet · 21 replies
    The Post News Group ^ | January 15, 2017 | Zennie Abraham
    John Lewis, the famed Democratic Georgia Representative and civil rights leader, said that President-Elect Donald Trump is not a legitimate President. As much as I would like to reverse the clock and change the outcome of the election, everytime I think about that, I am reminded in my memory of how we, Democrats, failed to really come together under one unifying message.A lot of us were ignored by those in the DNC who achieved power-positions. Even long-time credentialed bloggers like me (Zennie Abraham, Zennie62.com, Zennie62 on YouTube) were ignored by the Clinton-controlled DNC brass, and left out of covering the...
  • ‘First Hundred Days’ – President-Elect Trump Bypasses Accepted Tradition

    01/15/2017 4:30:47 PM PST · by Randall_S · 13 replies
    USA Transnational Report ^ | January 15, 2017 | USA Transnational Report
    By Wallace Bruschweiler and William Palumbo Franklin Delano Roosevelt began an American tradition with his “First Hundred Days” of sweeping legislation, ushering in the New Deal and forever changing American politics and, more broadly, American life. Let there be little doubt about it: President-Elect Donald J. Trump has forever altered this tradition, as he began practically governing the day after he was elected fair and square in an historic upset. What has Trump accomplished as President-Elect? The below list only includes the highlights of a truly remarkable (and exciting) transition period. Jobs - This week, Amazon announced a plan to...
  • Latinos set to toast tequila to Trump

    01/14/2017 9:31:48 PM PST · by 2ndDivisionVet · 8 replies
    The Hill ^ | January 13, 2017 | Hector Barreto
    Next week, a group of patriots, who happen to be Hispanic, will gather to celebrate the inauguration of President-elect Donald J. Trump. It will be the kind of moment that runs counter to the narratives of the political and the media elite, but to those of us in the room, our celebration makes perfect sense. If news of our inauguration party surprises you, recall that 29 percent of the Hispanic vote went to Trump. Remember, too, that Latinos are feeling the sharp pain of economic adversity that Trump has convincingly promised to change. Remember also that one of the great...
  • FReeper Help Needed: Alaskan Fisheries Jobs (Vanity)

    01/14/2017 12:13:03 PM PST · by PROCON · 10 replies
    Jan. 14, 2017 | Vanity
    Anyone here ever work in the Alaskan Fisheries in one capacity or another?My 20 year old son, in his 2nd year of College, has been happy working as an Asst. Produce Mgr. in a local grocery store during school summer breaks, but it doesn't pay much for a poor college student.I've had old friends over the years work in these fisheries for 2-3 months during the late Spring/Summer and bring home a slew of money.They'd work 12-14 hours a day, 6-7 days a week gutting and cleaning salmon on the "slime lines". Room and board is provided so you don't...
  • Trump will use 4 real estate business tricks to rebuild the US

    01/14/2017 11:39:17 AM PST · by 2ndDivisionVet · 42 replies
    CNBC ^ | January 14, 2017 | Jay N. Rollins
    On January 20, 2016, the country is sending a businessman to Washington in one of the riskiest bets in history. Donald Trump appears to be intent on running the country like a business enterprise. But Trump is not just a business man. He is a real estate developer, an important distinction, as it impacts how he will think about revitalizing an economy that has struggled to maintain significant growth. Trump promises to cut both corporate and individual taxes while investing up to $1 trillion on the country's infrastructure. By simultaneously decreasing the country's revenue and increasing its expenses, Trump would...
  • Marijuana Industry Hopes Promise of Jobs Will Keep Trump, Sessions Happy

    01/13/2017 6:09:55 PM PST · by 2ndDivisionVet · 17 replies
    TheStreet ^ | January 13, 2017 | Emily Stewart
    Marijuana legalization advocates and industry actors remain optimistic about the incoming Trump administration's attitude towards pot, despite some less-than-reassuring comments from the man who will soon be charged with enforcing drug laws in America. Alabama Senator Jeff Sessions, Donald Trump's nominee for U.S. Attorney General, in a confirmation hearing in front of the Senate Judiciary Committee this week said he could not commit to not enforcing federal marijuana laws when at the helm of the Department of Justice. He didn't say he would crack down on cannabis, either. "I won't commit to never enforcing federal law...but absolutely it's a problem...
  • Lockheed Martin announces 1800 added jobs, lower F-35 costs after Trump meeting

    01/13/2017 1:17:02 PM PST · by SeekAndFind · 50 replies
    Hotair ^ | 01/13/2017 | Ed Morrissey
    If nothing else, we may be seeing what can happen when a little more competition gets introduced into government contracting. A few weeks ago, Donald Trump publicly complained about the price of the F-35, being produced by Lockheed Martin, calling it “out of control,” and suggested that he’d check in with Boeing on whether they could do any better. This wasn’t too long after Trump slammed Boeing for the cost of the new Air Force One fleet, and suggested that he’d cancel the program and look for someone else to build it.How did all that work out? Boeing and...
  • Foxconn-Sharp considering LCD plant in US

    01/12/2017 7:51:21 PM PST · by 2ndDivisionVet · 26 replies
    Nikkei Asia Review ^ | January 13, 2017 | Jun Iiyama, Nikkei staff writer
    OSAKA -- Hon Hai Precision Industry and its Japanese subsidiary Sharp have begun studying the possibility of building a liquid crystal display panel plant in the U.S., a Sharp executive said Friday. The plan is "on the table," the executive said. "We will make a decision carefully." The Taiwanese electronics contract manufacturer, also known as Foxconn, and its Japanese alliance partner SoftBank Group reportedly told Donald Trump they would jointly make significant investments creating new jobs in the U.S. when SoftBank Chairman Masayoshi Son met the President-elect in New York last month. The joint investment plan was proposed by Son,...
  • Five Reasons Why India Should Not Fear An Unpredictable Trump Presidency

    01/12/2017 1:40:38 PM PST · by 2ndDivisionVet · 5 replies
    Swarajya Magazine ^ | January 12, 2017 | R. Jagannathan
    How concerned should India be about an unpredictable Donald Trump presidency, now just about a week away from inauguration? Trump’s presser yesterday (11 January) did not inspire much confidence, focused as it was on attacking the media, bringing jobs back to America, diatribes against the pharma industry, and defending himself against intelligence leaks which suggested that Russia had compromising information on him. (Read the full transcript of what Trump said here) But that’s the man. He has a tendency to talk from the gut, and that is what got him elected. But once he is President, he won’t be able...
  • 2016 Was Good For Michigan

    01/12/2017 1:19:05 PM PST · by MichCapCon · 3 replies
    Michigan Capitol Confidential ^ | 1/10/2017 | James Hohman
    It looks like 2016 has been a good year for the state economy. The first official reports show that jobs, income and production are all up and tended to grow faster than national averages. The data on the state’s current economic performance shows substantial growth, though much of it will not come out until after year-end. The state added 70,900 jobs from the end of 2015 to November 2016, the most recent release showed. That is a 1.7 percent increase compared to a 1.4 percent increase for the nation. There are now more jobs in Michigan than when the 2007...
  • Amazon to create 100,000 full-time jobs in U.S.

    01/12/2017 7:42:30 AM PST · by Enlightened1 · 41 replies
    Reuters ^ | 01/12/17
    Amazon.com Inc (AMZN.O) said on Thursday it would create more than 100,000 full-time jobs in the United States over the next 18 months. Seattle-based Amazon said it plans to increase its full-time U.S.-based workforce to more than 280,000 by mid-2018 from 180,000 in 2016. "These jobs are not just in our Seattle headquarters or in Silicon Valley - they're in our customer service network, fulfillment centers and other facilities in local communities throughout the country," CEO Jeff Bezos said in a statement. Amazon had about 230,800 full-time and part-time employees as of Dec. 31, 2015.
  • Donald Trump's colossal error on jobs during his press conference [GAFFE DROOL ALERT]

    01/12/2017 2:36:13 AM PST · by expat_panama · 72 replies
    CNBC ^ | Jan 11, 2017 | Steve Liesman
    President-elect Donald Trump speaks during a press conference in Trump Tower, New York, January 11, 2017. Trump's plans for rebooting the economy 15 Hours Ago | 03:22 Donald Trump wasn't asked much about the economy during his press conference on Wednesday, but when he was, the president-elect managed a rather colossal error. Trump said that there "are 96 million wanting a job and they can't get (one). You know that story. The real number. That's the real number." It is unfortunately very far from the real number. There are in fact 96 million Americans age 16 and older who are...
  • Like it or not, the “Trump Effect” is looking more and more real

    01/11/2017 4:29:54 PM PST · by 2ndDivisionVet · 26 replies
    Hot Air ^ | January 11, 2017 | Jazz Shaw
    This morning I heard Bryan Williams (of all people) say that today is “one of the busiest news days” since the election. I suppose that’s true if you butter your bread in the cable news game. But while much of the press corps prefers to discuss secretive and probably imaginary meetings in Prague of whatever bits of dirt they can dig up on the cabinet nominees, there have been some other things happening. Ever since Donald Trump was elected there’s been a not always quiet undercurrent of concern flowing through companies who do a lot of outsourcing or build factories...
  • The 20 best high-paying jobs in America for 2017 (Bottom line: Be in Healthcare)

    01/11/2017 8:29:55 AM PST · by SeekAndFind · 9 replies
    Business Insider ^ | 01/11/2017 | Rachel Gillett and Emmie Martin
    When choosing a career, it's important to seek out jobs that are meaningful and challenging. But a high salary doesn't hurt, either. US News & World Report recently released its 2017 Best Jobs rankings, which determines the best occupations in the US based on median salary, employment rate, growth, job prospects, stress level, and work-life balance. You can read more about the methodology here. The publication then ranked these coveted positions by pay, finding that, unsurprisingly, many of America's top jobs come with six-figure salaries. Positions in the healthcare sector dominated the list, with anesthesiologists claiming the top spot, followed...
  • Trump’s Trillion $$ Infrastructure Investment Could Create 11M Jobs, According to Georgetown

    01/11/2017 7:54:00 AM PST · by 2ndDivisionVet · 5 replies
    PR Web ^ | January 11, 2017 | Hilary Strahota
    New analysis from the Georgetown University Center on Education and the Workforce (Georgetown Center) finds that President-elect Trump’s 10-year $1 trillion infrastructure proposal could create 11 million jobs, restoring the job growth trajectory derailed by the Great Recession, but also risks overheating the economy. It is not surprising that $1 trillion in spending on infrastructure is certain to have positive employment effects in keeping with standard Keynesian theory. However, the additional spending, in combination with tax cuts and other economic policy shifts proposed by the President-elect, could generate inflation and set the stage for further interest rate hikes. President-elect Trump’s...
  • You can blame Obama’s ‘gig economy’ for Trump's election victory

    01/11/2017 6:25:18 AM PST · by SeekAndFind · 11 replies
    New York Post ^ | 01/11/2017 | John Crudele
    Do you want to know why Americans really were angry enough to elect Trump as President?Well, here it is — from an academic report with the dull title “The Rise and Nature of Alternative Work Arrangements in the United States 1995-2015,” which was researched and written by economics professors from Harvard and Princeton.Their conclusion: 94 percent of the job growth over the last 10 years occurred in “alternative work arrangements.”What’s an “alternative work arrangement?” Those are people who aren’t really attached to a particular company. They are freelancers, or temporary workers, or on-call workers and contractors.According to Professors Alan...
  • Here’s the really brilliant thing about Trump’s meeting with Alibaba’s Jack Ma

    01/10/2017 1:01:25 PM PST · by 2ndDivisionVet · 18 replies
    CNBC ^ | January 10, 2017 | Jake Novak
    President-elect Donald Trump's meeting with Alibaba founder and executive chairman Jack Ma on Monday was brilliant — but not for the obvious reason of making him look good for being part of a conversation about creating 1 million jobs. What's really smart about it is that puts China on its heels. Trump and Beijing have been engaged in a back-and-forth rattling of sabers from the minute Trump won the election. Remember that Trump took a congratulatory call from Taiwan's president and on the same day Trump met with Ma, a state-run Chinese tabloid warned that China would "take revenge" if...
  • Electric Boat to hire 2,000 to build nuclear subs

    01/10/2017 12:18:07 PM PST · by 2ndDivisionVet · 27 replies
    The Connecticut Post ^ | January 9, 2017 | Bill Cummings
    With a Navy commitment in hand to build 18 new Columbia-class nuclear submarines, Electric Boat in Groton is planning a hiring and spending spree that will be felt across the state. The company is gearing up to hire 2,000 new employees this year at its Connecticut and Rhode Island plants, with 1,350 jobs slated for Groton. Electric Boat employs about 14,500 people in Connecticut and Rhode Island, and that employment is projected to grow to 18,000 by 2030. Company President Jeffrey Geiger on Monday told business and legislative leaders during an annual update that the company will meet the Navy's...
  • Universal hiring 1,700 workers for Volcano Bay (Orlando, Florida)

    01/10/2017 12:07:33 PM PST · by 2ndDivisionVet · 13 replies
    WTSP-TV | January 10, 2017 | Staff
    Link only due to copyright issues: http://www.wtsp.com/news/local/florida/universal-hiring-1700-workers-for-volcano-bay/384779760
  • Bunge to add plant in Indiana or Ohio

    01/10/2017 11:44:16 AM PST · by 2ndDivisionVet · 12 replies
    The St. Louis Business Journal ^ | January 10, 2017 | Angela Mueller
    Bunge North American is planning to build its first new U.S. processing plant in 15 years to meet growing demand for soy products. The company is considering locations in Ohio and Indiana for the plant, which is expected to go on line by the end of 2019. No cost estimates for the project were disclosed. Tim Gallagher, executive vice president, Oilseed Value Chain for Bunge, said the company saw a need to expand its footprint in the Eastern U.S. — a key market. "A state-of-the-art facility in the Eastern Corn Belt that incorporates the latest productivity, safety and sustainability features...
  • Bernard Arnault Considers Expanding US Factories after Meeting with Trump

    01/10/2017 10:30:57 AM PST · by 2ndDivisionVet · 11 replies
    NEW YORK – French billionaire Bernard Arnault, proprietor of the luxury fashion conglomerate LVMH, announced Monday his intention to “expand” his factories in the United States following his meeting with President-elect Donald Trump. In a statement to reporters upon leaving Trump Tower, Arnault said he considers building in the near future two new textile factories in this country, “possibly” in the state of North Carolina or in Texas. The French fashion entrepreneur said his company has made Louis Vuitton products in California for more than 25 years, and due to the brand’s success, he’s going to expand the business in...
  • Toyota's $10bn US investment seen as nod to Trump

    01/10/2017 5:22:48 AM PST · by 2ndDivisionVet · 7 replies
    The Nikkei Asian Review ^ | January 10, 2017 | Kazuyuki Okudaira
    DETROIT, U.S. -- Toyota Motor will invest $10 billion in the U.S. over five years to produce new models and boost productivity, the company president announced Monday, amid growing pressure from President-elect Donald Trump to create jobs in America. President Akio Toyoda spoke to reporters at the North American International Auto Show here, where he unveiled the new Camry sedan. Toyota plans to begin manufacturing the new model in Kentucky by the end of the year. Highlighting employment efforts, he stressed that the Japanese automaker has 136,000 workers in the U.S. and has invested $22 billion in the country during...
  • Andy Griffith's hometown hopes Trump will make America great again

    01/10/2017 3:03:20 AM PST · by 2ndDivisionVet · 33 replies
    The Austin American-Statesman ^ | January 9, 2017 | Sarah Pulliam Bailey, The Washington Post
    MOUNT AIRY, N.C. — From a perch on Main Street, the hometown of actor Andy Griffith looks this day like it was plucked right out of the television show that bears his name. And it was. Residents and tourists from farflung states mill along the thoroughfare, past the quaint low-slung shops made of Mount Airy's famous white granite and named, like Floyd's City Barber Shop, for references in "The Andy Griffith Show," the folksy comedy set in the idyllic fictional small town of Mayberry that first aired in 1960. And yet even as this city of about 10,000 nestled in...
  • Alibaba job boom: Jack Ma chats with Trump about creating 1 million US jobs over 5 years

    01/09/2017 8:23:22 AM PST · by fision · 94 replies
    CNBC ^ | 01/09/2017 | Anita Balakrishnan
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  • Goldman Sachs, JP Morgan, and 12 other banks hiring for high-paying jobs like crazy right now

    01/09/2017 1:56:21 PM PST · by SeekAndFind · 10 replies
    Business Insider ^ | 01/09/2017 | Rachel Gillett
    If you're looking for a new job in finance, you may want to check out openings at Goldman Sachs, JP Morgan Chase, or Wells Fargo. Those three companies are doing some of the heaviest hiring right now for jobs in the US that pay more than $100,000 base salary a year, according to Indeed. The job search engine compiled a list of big banks currently trying to fill the most full-time jobs that pay over $100,000. The salary data is a combination of company and user input. Here are the 14 big-name banks with the largest number of job openings...
  • Fiat Chrysler pumps $1 billion, 2000 jobs, into Michigan and Ohio

    01/09/2017 11:52:14 AM PST · by Sean_Anthony · 8 replies
    Canada Free Press ^ | 01/09/17 | Robert Laurie
    Is America great again yet? It feels like, every few days since November 8th, we get another happy story about the U.S. business outlook. Whether it’s Carrier sticking around, Ford scrapping it’s Mexico plant, or SoftBank creating jobs for 50,000 Americans, it seems we’re just being inundated with good news. Now, we have some more. Fiat Chrysler will be investing a billion dollars in Michigan and Ohio, creating 2,000 jobs in the process. I’m not sure what happened on November 8th, but it sure looks like it’s working out.
  • Fiat Chrysler to build 3 new Jeeps, create 2,000 jobs in US

    01/08/2017 3:15:23 PM PST · by mandaladon · 92 replies
    Yahoo News ^ | 8 Jan 2017 | Tom Krisher
    DETROIT (AP) -- Fiat Chrysler will add three new Jeeps to its lineup including a pickup truck as it invests $1 billion in two U.S. factories, furthering its effort to increase production of hot-selling SUVs and pickup trucks and get out of producing small and midsize cars. The expansion will create 2,000 new jobs. The Italian-American automaker said Sunday it will modernize a factory in the Detroit suburb of Warren, Michigan, to make the new Jeep Wagoneer and Grand Wagoneer large SUVs. A factory complex just south of there in Toledo, Ohio, also will get new equipment to make the...