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Global Talent Shortages Persist: Employers Desperate For Healthcare, Sales, and Skilled Trades Professionals

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According to recent analysis of resume search data published by Indeed , employers in Australia, Canada, the United Kingdom, and the United States face significant hiring challenges in healthcare, sales, skilled trades, and hospitality. 36% in Canada, 31% in Australia, 28% in the U.S.

Skills 260
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Positive Economic News: Consumer Spending Is Up

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What’s going on: The month of April recorded a small surge in retail sales, a good sign for businesses everywhere. Department of Commerce’s April Advance Monthly Sales for Retail and Food Services report published on Tuesday , retail sales increased by a noteworthy 0.4% According to the U.S. economic activity.

UPS 246
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Job Openings Drop to Three-Year Low, Indicating Cautious Hiring in 2024

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Data in the latest Job Openings and Labor Turnover Survey (JOLTS) published by the U.S. However, job vacancies are still above pre-pandemic levels. The data, released on May 1, revealed that available positions decreased to 8.49 Bureau of Labor Statistics suggests the U.S. labor market is showing signs of cooling.

2024 147
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Tesla Announces Major Workforce Reduction Amid Falling EV Sales

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Tesla, the world’s largest automaker by market value, has announced plans to lay off more than 10% of its global workforce. According to a report published by Reuters , the decision comes as Tesla grapples with decreasing sales and an intensifying price war in the Electric Vehicle (EV) market.

2024 162
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Motherhood Penalty vs. Fatherhood Bonus: A Closer Look at the Gender Pay Gap in 2024

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The figure is sometimes referred to as “the opportunity gap.” The report also measured the “controlled gap,” which measured “how women are paid compared to men in the same jobs or similar jobs with similar qualifications.” Data on the controlled gender gap reveals that women earn 99 cents for every one dollar earned by men.

2024 298
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Zoom Cuts Jobs While Prioritizing AI and Collaborative Tech

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The company is reported to be cutting about 150 jobs — or less than 2% of its workforce, according to CNBC. In a recent report published by Bloomberg , an unnamed source suggests Zoom is likely positioning itself for future growth by focusing on areas such as AI, sales, and engineering — all areas where the company is still hiring.

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Job Satisfaction in the Future of Work Goes Beyond Pay

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LinkedIn published an analysis of its research that explored how people feel about compensation in various job roles, and the data adds credence to the theory that job satisfaction doesn’t necessarily equate to pay. LinkedIn’s Workforce Confidence Index, which surveyed over 20,000 U.S.

Salary 147