Amazon stepped up its hiring efforts on Monday, saying it would hire an additional 100,000 employees to meet the surge in demand for online shopping during the epidemic. The world’s largest online retailer, run by Jeff Bezos, said the new positions are full- and part-time jobs across the U.S.Read More →
With the country entering its third week of protests over social and racial justice, the spotlight has been cast again on the state of blacks in the workforce — in particular, the glacial progress of diversity in tech. It’s a topic that has flickered for decades, with fitful attempts atRead More →
Getty Images The jobs environment is getting rosier, at least judging by the latest jobs figures from the Bureau of Labor Statistics. Can you have a job with high satisfaction that also pays six figures? What about first-time job hunters? The answer to both questions is, “Yes.” If you chooseRead More →
The U.S. job market is still strong, but some cities appear to have more pep than others. The top three cities for job growth are Boston (up 8.4% year over year in September with 152,683 open jobs), Philadelphia (up 6.4% over the same period with 112,692 open jobs) and AtlantaRead More →
HP Inc. is embarking on yet another massive restructuring of its business, with plans to cut 7,000 to 9,000 jobs over the next three years, as its biggest profit generator, printing, continues to reel from soft demand pressures and cheaper printing supplies. The Palo Alto, Calif.-based computer and printing giantRead More →
Want to get ahead? Most people want a job that allows them to advance, learn new skills and earn more money. It’s the $112,000 question: How can you have both? Is there a job out there that gives you a six-figure income, and all of that too? As unemployment hoversRead More →
Did “13 Reasons Why” lead to a rise in suicides among teenagers? When the series began streaming on Netflix NFLX, +0.74% in March 2017, child psychologists and parents warned that a show about teenage suicide could cause young people who watched the series to carry out copycat suicides. The show,Read More →
Reuters Alexandria Ocasio-Cortez is ‘just wrong’ about her comments on worker pay, says Amazon. Amazon.com Inc. is firing back at Rep. Alexandria Ocasio-Cortez over comments the New York Democrat made over worker pay at the tech giant, saying she’s “just wrong.” Appearing Sunday on ABC’s “This Week,” Ocasio-Cortez said AmazonRead More →
The economy is doing great, according to most estimates. Jobless claims dipped to 228,000 in early May and the U.S. labor market is on track to break the record for the longest expansion on record. Mortgage rates have hit their lowest level this year. Consumer sentiment rose to a 15-yearRead More →
Wage growth remains stubbornly low — and one trend across many U.S. companies could be contributing to the problem: Cutting middle managers. Even though the economy added 263,000 jobs in April, the recent increase in wages appears to have leveled off. “Companies continue to flatten their organization,” said Brian Kropp,Read More →
As unemployment falls to a 49-year low in April, there’s probably never been a better time since the Great Recession to brush up on your skills — and look for another job. Data scientists are in high demand. Boasting a median base salary of $108,000, they were ranked No. 1Read More →
U.S. stocks retreated Thursday morning, with those for the Dow under pressure after disappointing 3M Co. earnings, while positive tech-sector earnings reports blunted losses in the Nasdaq and S&P 500. Against the backdrop of a parade of quarterly results, investors have been weighing continued signs of sluggish growth permeating internationalRead More →
American teenagers are under pressure. Anxiety and depression are on the rise among American teenagers. Over 70% of teenagers say they see these mental-health issues as major problems among their peers, according to a new report released Wednesday by the Pew Research Center, a Washington, D.C.-based think tank. The groupRead More →
Nearly three years after Elon Musk promised a $35,000 Model 3 electric car, Tesla Inc. has finally delivered. Now, the question is about the promise of profitability Musk has been making for the past few months. Musk walked back his goal of being thinly profitable in the first quarter andRead More →
Stamps.com Inc.’s stock had the opposite of a “Forever” price on Friday, falling more than 50% after the company said an exclusive deal with the U.S. Postal Service will not be renewed. Stamps.com STMP, -56.86% predicted large declines in its financial performance in 2019 with its fourth-quarter earnings report ThursdayRead More →
What does it take to be happy in love? Dating website eHarmony, a company founded in 2000 to find heterosexual couples long-term relationships, asked more than 2,300 people who have a partner of the same or opposite sex whether they were content in their relationship. The survey, conducted in conjunctionRead More →
Dear Moneyist, My sister recently passed away, unexpectedly. She was never married and had no children, but there are 4 living siblings. She had 7 retirement accounts. The beneficiary was changed on 6 accounts to her friend back in 2013. The 7th, which has the most money, was changed toRead More →
For many federal workers, keeping a roof over their heads got a lot harder in January thanks to the partial government shutdown that is approaching its third week. Altogether, unpaid federal workers — including roughly 380,000 furloughed employees and 420,000 people working without pay — owe around $438 million inRead More →
