Keyword: employment
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Fake job ads are proliferating online, with more companies admitting to posting realistic-looking job openings that don't actually exist. Forty-percent of companies said they have posted a fake job listing this year, according to a survey in May of 650 hiring managers from career site Resume Builder. Three in 10 companies currently have fake listings on their sites or on job boards, according to the survey.
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In today’s rapidly evolving job market, many job seekers find themselves perplexed by the abundance of job openings paired with the difficulty of securing employment. Despite reports from the Bureau of Labor Statistics indicating millions of job vacancies, the reality of landing a job has become increasingly challenging. This seeming contradiction has left many wondering, “If everyone is hiring, why can’t I get a job?” The answer lies in the complex dynamics of the modern hiring landscape, influenced by factors such as ghost jobs, automated screening processes, and economic uncertainty. The current job market presents a paradox. On one hand,...
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A group of Republican senators wants to know how President Biden’s Department of Labor severely overestimated the number of new jobs created over the past year — after the agency made its largest downward revision to US payroll figures since 2009. The revised figures from the Bureau of Labor Statistics (BLS), released last week, suggested that there were actually 818,000 fewer jobs during the 12 months ending in March than initially reported — an indication that the economy may be less robust than the White House is saying. That means that the actual job growth during that period was likely...
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(The Center Square) – In June, nine Illinois companies announced a total of 1,017 jobs affected by mass layoffs. A policy analyst and economy expert says more people are relying on themselves for employment. A “mass layoff” under the Illinois Worker Adjustment and Retraining Notification Act is a reduction in force at a single site of employment of 25 or more full-time employees if they constitute one-third or more of full-time employees at the site, or 250 or more full-time employees. Director of Fiscal and Economic Research at Illinois Policy Bryce Hill said Illinois has the least business-friendly state of...
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Weekly jobless claims rose slightly to 238,000, above the 235,000 forecast. May housing starts dropped 5.5% to an annual rate of 1.27 million, below expectations. Building permits fell 3.8%, the lowest in four years. ... Economic data released Thursday morning revealed slightly higher-than-expected weekly unemployment claims, sharp contractions in housing starts and building permits, and a drop in a business outlook survey within the Philadelphia Federal Reserve District. Thursday’s Economic Releases: Key Highlights.. The number of people filing for jobless claims in the U.S. fell by 5,000 to 238,000 in the week ending June 15, slightly exceeding market expectations of...
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One of the Bidenary impacts to economic analysis and/or economic outcome review has been the inability of any government statistical data to make any sense.Quite frankly, almost every financial pundit in mainstream media pretends the data from the Bureau of Economic Analysis (BEA), the Bureau of Labor Statistics (BLS) or the Dept of Commerce is accurate. It’s not, and we all know it.Just like every other institution in Washington DC, the systems of economic tracking have lost all their credibility.That said, even with all the pretending intended to prop-up the Biden administration, eventually the results on Main Street are so...
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Recruitment professionals and victims of ‘ghost posting’ say the practice hurts everyone, including the companies that create them.. Amid complex hiring processes, a shadow is spreading in the American business world. Companies are using fake online job openings to project an image of growth, keep existing employees motivated, and cultivate a pool of possible future candidates with no intention of hiring, according to research. The practice is commonly known as “ghost posting” and it accounts for 43 percent of online job openings across multiple industries. A Clarify Capital survey of more than 1,000 hiring managers showed that, beyond fake growth...
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1. Finland - 2. Denmark - 3. Iceland - 4. Netherlands - 5. Sweden - 6. Israel - 7. Norway - 8. Costa Rica - 9. Belgium - 10. Australia [USA? - You need to submit your email address to read the article - I passed on that opportunity]
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Approximately 10,000 jobs have reportedly been slashed at California fast food eateries after the minimum wage was hiked to $20. Gov. Gavin Newsom’s (D) law to pay workers $20 an hour went into effect on April 1 and has apparently taken a devastating toll on the industry, Fox Business reported Wednesday. The outlet continued: The California Business and Industrial Alliance (CABIA) said nearly 10,000 jobs have been cut across fast food restaurants since Newsom signed California Assembly Bill 1228 into law last year. To highlight what it says are the unintended consequences of the law, CABIA has taken out an...
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The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest rates. Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow Jones consensus estimate for 190,000. At the same time, the unemployment rate rose to 4%, the first time it has breached that level since January 2022. The increase came even though the labor force participation rate decreased to 62.5%, down 0.2 percentage point. However, the survey of households used to...
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The Biden administration is doing an end-run around the nation’s immigration laws — by giving migrants work permits in record numbers. Since President Biden took office, more than 3.3 million migrants have been given a Employment Authorization Document (EAD), commonly known as the federal work permit, even though many didn’t even legally have the right to be America. And as of February of this year, pending EAD applications stood at an another 1.4 million. In many cases, migrants are given the right to work before they are even given asylum, a green card or other legal documentation that allows them...
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High-paying jobs are traditionally associated with office environments and involve clerical, managerial, or administrative duties. These are often referred to as "white-collar" jobs.However, this does not affect the earning potential of skilled "blue-collar" professions that involve hands-on work. Let's explore the definition of blue-collar jobs and check some of the highest-paying positions in this field.Blue-collar jobsA focus on manual labour characterizes blue-collar jobs. These roles range from requiring minimal qualifications to demanding specialised skills and certifications. A college degree is usually not mandatory, but a high school diploma or GED is typically expected.Blue-collar occupations span various industries, including retail, manufacturing,...
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Americans consistently voice their disapproval on the state of the economy in recent polls, largely because of the stratospheric cost of living. But apologists for the Biden administration point to the low unemployment rate of 3.9% in April as proof of the economy’s strength. Yet this is a hollow talking point since the real unemployment rate is likely between 6.5 and 7.7%. The unemployment rate is the percentage of people in the labor force who don’t have a job. That means the unemployment rate can change if either the number of people unemployed or the total size of the labor...
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Thirteen federal judges said Monday that they would no longer hire law clerks from Columbia College or Columbia Law School after the university allowed an encampment on its lawn to spiral into a destructive occupation of a campus building. The judges cited the "explosion of student disruptions" and the "virulent spread of antisemitism" at Columbia, which has now canceled its main graduation ceremony because of the unrest. Led by appellate judges James Ho and Elizabeth Branch, who spearheaded a clerkship boycott of Yale Law School in 2022 and Stanford Law School in 2023, as well as by Matthew Solomson on...
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The founder of Wingify received a unique proposition. "I'll pay you $500 to hire me. If I don't prove myself to be one of the best within a week you can fire me & keep the money," a job applicant wrote to him. Sharing the screenshot on X (formally Twitter) Paras Chopra, founder and chairman of software company Wingify, said he was impressed with the pitch, adding he would obviously not take the money. "This is how you get attention!" he wrote. “Looking forward to your rejection,” the message ended. Opinion in the comments section was divided with some loving...
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America's working-age men are employed at much lower rates than they used to be, and a combination of factors — from recessions to globalization to rising addiction rates — could be playing a role. In the early 1950s, as many as 96% of prime working-age American men, who were between the ages of 25 and 54, had full-time or part-time jobs, per the Bureau of Labor Statistics. As of March, about 86% of working-age men were employed, and this cohort's employment rate has lagged behind many developed countries in recent years ...As such, many men are struggling to support themselves...
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A tattooed content creator sparked a debate about hiring biases after being rejected by T.J. Maxx. Experts said tattoos could influence hiring decisions, especially in customer-facing roles. But overall, personality and cultural fit are more important, they said. A TikToker, Ash Putnam, was frustrated after T.J. Maxx denied her application — and she said she thought her tattoos were to blame. Some of her designs that are visible when she's dressed are a skull with horns on her neck, solid black patches on her arms, and a pattern on her forehead. Putnam, 23, also has multiple facial piercings, including a...
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The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants. Sheetz Inc., which operates more than 700 stores in six states, discriminated against Black, Native American and multiracial job seekers by automatically weeding out applicants whom the company deemed to have failed a criminal background check, according to U.S. officials. President Joe Biden stopped by a Sheetz for snacks this week while campaigning in Pennsylvania. The Equal Employment Opportunity Commission filed suit in Baltimore against Altoona, Pennsylvania-based Sheetz and two subsidary companies, alleging the chain's longstanding hiring...
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Biden administration authorized hundreds of thousands of work permits to Venezuelan migrants, including those in the country illegally.. Some business owners were angered by Biden's decision to grant hundreds of thousands of work permits to illegal immigrants... Last September, The Biden administration announced that it would be offering hundreds of thousands of Venezuelan migrants and thousands of Afghan nationals already in the U.S. – including those in the country illegally – work permits and protections from deportations, amid a historic surge at the southern border. Chicago restaurant owner Sam Sanchez told The New York Times he was upset by the...
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Joe Biden at his State of the Union address in March boasted his administration has created 15 million new jobs since January 2021. Not exactly. When you delve into the math, not only is the number highly misleading, but it turns out that new jobs consist largely of part-time employment, nebulous self-employment, and government workers. And among native-born citizens, the job market is in a recession. The Bureau of Labor Statistics publishes two jobs reports: the “Establishment Survey” and the “Household Survey.” The Establishment Survey samples actual employers and shows the growth in non-farm payroll jobs (as well as a...
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- More ...
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