by Bhatt Unnati | Mar 14, 2022 | Business, Latest News
As JP Morgan and the other major Wall Street banks struggle to hire enough personnel, Insider reports that the banks are now turning to an unlikely place: the largest bank in the US has hired thousands of people with criminal records and hundreds with disabilities...
by Bhatt Unnati | Mar 14, 2022 | Business, Career Advice, Latest News
Amid all the headlines about millions of workers quitting their jobs during the Great Resignation, it is easy to miss the signal in the noise. Yes, a record 47.4 million Americans quit their jobs last year—more than a quarter of the total workforce. And, yes, the...
by Bhatt Unnati | Mar 10, 2022 | Business, Career Advice, Latest News
2021 was the year Americans quit their jobs in droves, so much so that this period of time got a name: The Great Resignation. Quit rates in the U.S. reached an all-time high in November, according to Bureau of Labor Statistics data. Now we know a little more about...
by Bhatt Unnati | Mar 10, 2022 | Business, Career Advice, Latest News
Some college seniors who walk across the stage to collect their diplomas this spring will soon strut into six-figure starting salaries at big tech, finance and consulting firms. Not everybody is happy about it. “I’ve definitely heard a lot of disgruntlement from my...
by Bhatt Unnati | Mar 10, 2022 | Business, Latest News
Employees who want to continue working from home are in “Jobland” and need to return to the office – or “Careerland” – if they want to focus on building their skills, according to Morgan Stanley CEO James Gorman. “A lot of us have gone...
by Bhatt Unnati | Mar 9, 2022 | Business, Latest News
McDonald’s expects its Russian shutdown will cost the fast-food giant roughly $50 million a month until it reopens its restaurants there. The Chicago-based company announced Tuesday it would temporarily shutter its Russian locations as Russian President Vladimir...
by Bhatt Unnati | Mar 9, 2022 | Business, Latest News
Job openings outnumbered available workers by nearly 5 million in January, the latest sign of a historically tight employment picture, the Labor Department reported Wednesday. Total vacancies actually dipped a bit, falling to 11.26 million following a substantial...
by Bhatt Unnati | Mar 8, 2022 | Business, Latest News
As daily life gets more expensive, workers are having a harder time making ends meet. While wage growth is high by historical standards, it isn’t keeping up with the increased cost of living, which is growing at the fastest annual pace in about four decades. “Wages...
by Bhatt Unnati | Feb 24, 2022 | Business, Latest News
Weekly jobless claims came in slightly less than expected last week and economic growth to end 2021 was slightly better than originally reported, according to government data released Thursday. Initial filings for unemployment insurance totaled 232,000 for the week...
by Bhatt Unnati | Feb 24, 2022 | Business, Latest News
Employers have had their backs up against a wall for months as turnover woes continue to roil the workforce. Most businesses have been forced to throw money at the problem in the form of higher wages and better benefits. In fact, in the wake of the so-called Great...
