WASHINGTON—U.S. Federal Reserve officials on Monday turned their focus toward a debate over monetary policy that will heat up in coming months as the Fed slows the pace of its asset purchases, clearing the decks for interest rate hikes as soon as next year. At the center of the debate will be an assessment of…
US Economy Adds 531,000 Jobs in October: Experts React to Booming Payroll Growth
The SPDR S&P 500 ETF Trust traded slightly higher Friday morning after the Labor Department reported a strong rebound in the U.S. jobs market in October. The United States added 531,000 jobs in October, exceeding consensus economist estimates of 450,000 jobs. The U.S. unemployment rate fell to 4.6 percent from 4.8 percent, beating economist estimates…
NTD Business Full Broadcast (Nov. 5)
The job market recovery is gaining momentum, as the unemployment rate fell to the lowest level in 18 months. Etsy thrives as other businesses suffer. The e-commerce platform seems immune to supply shortages. In fact, they seem to benefit from them. Google-parent Alphabet is building a new lab in the UK. It will use AI…
Canadian Economy Added 31,000 Jobs in October
OTTAWA—The economy added 31,000 jobs in October, Statistics Canada reported Friday, bringing the national unemployment rate to a pandemic−era low. Unemployment came in at 6.7 percent, down from 6.9 percent in September, to mark the fifth consecutive monthly decline in the rate. Statistics Canada says the unemployment rate would have been 8.7 percent in October,…
Wall Street Extends Record Rally on Strong Jobs Report
November 5, 2021
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Wall Street’s main indexes hit record highs in a broad-based rally on Friday as data showing strong jobs growth in October, coupled with Pfizer’s COVID-19 pill update, boosted sentiment about economic growth. Ten of the 11 major S&P sectors advanced in early trading, with economy-sensitive energy, financials, and industrials gaining more than 1 percent each….
Going in Style: How to Write a Resignation Letter
You’ve made the decision to leave your job. You’re almost out the door, and on your way to a new opportunity. But before you get too carried away, don’t forget to send a resignation letter. A resignation letter is an email or printed document formally explaining you’re leaving your job. Sometimes, a resignation letter is…
Microsoft to Work With Community Colleges to Fill 250,000 Cyber Jobs
October 29, 2021
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Microsoft Corp. on Thursday said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years. Microsoft said it will provide scholarships or assistance to about 25,000 students and will provide training for new and existing teachers at 150 community colleges across the country. The…
Community Organisation Calls For More Support for Disadvantaged Job Hunters
Anglicare Australia has called for more support for job seekers with barriers to return to work while criticising the federal government’s JobSeeker program as a “failing” system. According to Anglicare, there are around 27 job seekers applying for the same entry-level job and people without qualifications or work experience are spending an average of five…
Toyota Announces Plans for $1.3 Billion US Battery Plant, Expects to Employ 1,750 Workers
Toyota announced Monday it will invest $3.4 billion in automotive batteries in the United States, including nearly $1.3 billion in an unnamed battery plant that is expected to employ 1,750 new workers. The new production, expected to begin in 2025, will allow the automaker to develop its own lithium batteries for use in future hybrid…
Facebook Plans to Hire 10,000 in EU to Build ‘Metaverse’
October 18, 2021
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Facebook plans to create 10,000 jobs in the European Union over the next five years, the social media giant said on Monday, to help build the so-called metaverse—an online world where people can use different devices to move and communicate in a virtual environment. Chief Executive Mark Zuckerberg has been talking up metaverse since July…
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