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Articles in the Career News & Advice Category

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[10 May 2017 | No Comment | ]

A burst of hiring in April provided a reassuring sign for the U.S. economy and reduced a broader gauge of the job market’s health to its lowest level since the recession began nearly a decade ago.
Employers added 211,000 jobs, more than double the weak showing in March, the Labor Department said Friday . The unemployment rate dipped to 4.4 percent, a 10-year low, from 4.5 percent in March.
Taken as a whole, the April jobs report suggested that American businesses are confident enough in their outlook for customer demand to keep …

Career News & Advice »

[10 Apr 2017 | No Comment | ]

The U.S. jobs report for March delivered a mixed message Friday as hiring fell to its weakest pace in nearly a year. Yet at the same time, the unemployment rate reached the lowest level in nearly a decade.
Employers added just 98,000 jobs, the Labor Department said. That was barely half the previous month’s gain and a potential sign of weakening growth. Yet economists largely downplayed the drop, attributing much of it to a snowstorm that hit the Midwest and Northeast just as the government was compiling its hiring data.
The steady …

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[7 Apr 2017 | No Comment | ]

Women are just as ambitious as men at the start of their careers but this falters if companies fail to encourage them, according to a study released on Wednesday that sought to dispel the myth of a gender ambition gap.
A survey by the Boston Consulting Group (BCG) of 200,000 employees, including 141,000 women from 189 countries, found women just as ambitious as men at the outset and companies were at fault for stopping this, not family status or motherhood.
Researchers at the global management consultancy found among employees aged under 30, …

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[27 Feb 2017 | No Comment | ]

U.S. President Donald Trump brought two dozen manufacturing CEOs to the White House on Thursday and declared their collective commitment to restoring factory jobs lost to foreign competition.
Yet some of the CEOs suggested that there were still plenty of openings for U.S. factory jobs but too few qualified people to fill them. They urged the White House to support vocational training for the high-tech skills that today’s manufacturers increasingly require — a topic Trump has seldom addressed.
“The jobs are there, but the skills are not,” one executive said during meetings …

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[22 Feb 2017 | No Comment | ]

Facebook on Wednesday began letting businesses in the U.S. or Canada post jobs and take applications from jobseekers, posing a challenge to Microsoft-owned LinkedIn.
The platform’s users will be able to find help-wanted posts at business pages on Facebook or by looking in a new ‘jobs’ bookmark on the leading social network’s mobile application.
“Businesses and people already use Facebook to fill and find jobs, so we’re rolling out new features that allow job posting and application directly on Facebook,” the California-based internet giant said in an online message.
Job postings may appear …

Career News & Advice »

[28 Jan 2017 | No Comment | ]

The tech industry brought us self-driving cars, artificial intelligence and 3-D printers. But when it comes to racial and gender diversity, its leading companies are no trailblazers.
Despite loudly touted efforts to hire more blacks, Latinos and women, especially in technical and leadership positions, diversity numbers at the largest tech companies are barely budging.
In 2014, 2 percent of Googlers were black and 3 percent were Hispanic, numbers that have not changed since. The picture is similar at Facebook and Twitter. Microsoft is slightly more racially diverse (though not when it comes …

Career News & Advice »

[22 Jan 2017 | No Comment | ]

Many teenagers dream of becoming entertainers amid the popularity of K-pop and K-dramas abroad. However, data shows that only a handful of them enjoy wealth while the rest struggle to make ends meet.
According to the National Tax Service, a total of 15,423 actors reported their income in 2015. Their average annual income was 68 million won.
However, there was a huge polarization between the top earners and the rest. The top 1 percent of the income bracket, totaling 154 people, reported an average 1.96 billion won annual income. This means the …

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[18 Jan 2017 | No Comment | ]

A successful business man was growing old and knew it was time to choose a successor to take over the business.
Instead of choosing one of his Directors or his children, he decided to do something different. He called all the young executives in his company together.
He said, “It is time for me to step down and choose the next CEO. I have decided to choose one of you..”
The young executives were Shocked, but the boss continued. “I am going to give each one of you a SEED today – one …

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[15 Jan 2017 | No Comment | ]

Sweden is known for its commitment to keeping citizens happy, but a recent experiment shows boosting happiness can come at a high cost.
As part of a government study, a select group of retirement-home workers in Gothenburg, Sweden have been working just 30 hours each week for the past two years.
The results of that study, unveiled last week, were about what you’d expect — people claimed they were happier, less stressed, and enjoyed the work more.
The only downside: The schedule was a bit pricey.
The city council of Gothenburg pushed for the …

Career News & Advice »

[4 Jan 2017 | No Comment | ]

THE president of Japan’s biggest advertising agency is stepping down, a year after an overworked employee took her own life.
Dentsu president Tadashi Ishii announced on Wednesday he would leave his post next month.
“An excessive amount of work should never happen. I deeply regret and feel responsible for this,” he said. “I will take full responsibility and resign as president at January’s board meeting.”
But Mr Ishii said the company should not prevent employees from doing their best.
“But I deeply regret that I couldn’t put a break on (excessive workloads) and …