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How workers are retraining themselves for the jobs of the future

[CNBC] On a typical day, Kevin Ng works with bankers at Credit Agricole to develop risk analysis tools using Java software. No one would guess that barely a year back, he was a flight attendant. The 29-year-old software engineer secured the job during Singapore’s coronavirus lockdown period after retraining in late 2019. And while […]

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Amazon is hiring 33,000 new employees with an average compensation package worth $150,000

New York (CNN Business) Amazon announced it will hold a Career Day on September 16 that is open to everyone seeking a job. Amazon’s (AMZN) Career Day will include a team of 1,000 Amazon recruiters offering 20,000 career coaching sessions, according to the tech giant’s press release. The sessions are free of charge. […]

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U.S. Added 1.4 Million Jobs in August

[The New York Times] After taking the heaviest employment hit, women make a sharp rebound. Black unemployment rates are higher than those for other demographics Unemployment rates by race for men, women and over all By Ella Koeze·Rates are seasonally adjusted except those for Asian men and women.·Source: Bureau of Labor StatisticsThe pandemic-induced downturn […]

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Pennsylvania women and people of color are bearing the brunt of the recession, report shows

[The Philadelphia Inquirer] The recession caused by the coronavirus has hit Pennsylvania women and people of color particularly hard, as they’re more likely to work in jobs that can’t be done remotely, according to a new report. Bars, restaurants, and retail stores that were forced to close their doors disproportionately […]

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Amazon Drivers Are Hanging Smartphones in Trees to Get More Work

[Bloomberg] Someone seems to have rigged Amazon system to get orders firstOperation reflects ferocious rivalry for gigs in a bad economyA strange phenomenon has emerged near Amazon.com Inc. delivery stations and Whole Foods stores in the Chicago suburbs: smartphones dangling from trees. Contract delivery drivers are putting them there to get […]

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New Covid-19 Layoffs Make Job Reductions Permanent

[The Wallstreet Journal, Bloomberg] As companies brace for years of pandemic-related disruption, thousands of furloughed workers are told they won’t be coming back American Airlines said that unless it receives more federal aid, it will furlough 17,500 union workers and move forward with 1,500 layoffs in its management ranks this […]

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American initial jobless claims rocket above 1 million again

New York (CNN Business) Another 1.1 million Americans filed initial claims for unemployment benefits on a seasonally adjusted basis last week, dashing economists’ hopes for a second-straight week with fewer than 1 million claims. Economists were optimistic that the US jobs market would be on a steady trajectory toward recovery. […]

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Trump boosts his unemployment executive order after four states sign up

[New York Post, AP] President Trump heaped praise Saturday on the four states that have jumped on his plan to extend extra unemployment benefits to those made jobless by the coronavirus pandemic. “Great work by the Governors of AZ, IA, LA, and NM who responded to my Executive Action and […]

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New Weekly Unemployment Claims Dip Below 1 Million: Live Updates

[The New York Times, AP] Here’s what you need to know: 963,000 filed new state unemployment claims last week, but layoffs remained high.State unemployment offices are still struggling, so the jobless struggle, too.In an industry dependent on gathering crowds, no sign of a return to work.Air travel is recovering slower […]

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