Proposed change would take local control away from Michigan Works! offices: Share your opinion
The proposed Wagner-Peyser Act change means the federal government wants to change how certain workforce development agencies are funded, taking local control away and consolidating that control at the state level.
Stocks climb again after stronger-than-expected jobs report — Here's what experts are watching
Stocks saw a major reversal on Friday. Here's what experts are watching in the market and what they have to say about the U.S. economic outlook. David Kelly, chief global strategist at JPMorgan Asset Management, lays out why this could be beneficial for value stocks. It just does threaten growth stocks, it threatens high P/E stocks, and I think that's what we're seeing in markets." I do think it matters how fast we get there, and I think we've had quite an aggressive move and do not expect that speed to continue."
cnbc.comOakland County Now Accepting Applications For Variety Of High School, College Student Summer Jobs
“This is a wonderful opportunity and allows high school and college students to get real-world experience, learn new skills or refine existing ones that may lead to a satisfying career,” County Executive Dave Coulter said. Students as young as 16 and have not yet finished high school require permission from a parent or guardian to be eligible for some jobs. For complete details on the available positions, including wages, go to www.oakgov.com/jobs and search “Summer.”Oakland County Parks and Recreation also is accepting applications for summer employment. These positions include seasonal laborers, lifeguards, seasonal program specialists, food service workers, attendants and program leaders. College intern positions are typically posted during the late summer, with applications accepted until an adequate amount has been submitted.
detroit.cbslocal.comThe coronavirus pandemic will intensify competition for white-collar jobs, says Singapore minister
SINGAPORE — Competition for white-collar jobs will become more intense after the coronavirus pandemic showed that a lot of work can be done over the internet, Singapore's Minister for Trade and Industry Chan Chun Sing said on Thursday. "But increasingly, I think the world is realizing that competition is even tougher for the white-collar jobs that can be done over the internet," he said. "The jobs that can be done over the internet can be done anywhere in the world and because of this, white-collar jobs will no longer have the geographical insulation it used to have." That led Singapore's economy to shrink by a record 13.2% in the second quarter this year compared to a year ago. The jobs that can be done over the internet can be done anywhere in the world and because of this, white-collar jobs will no longer have the geographical insulation it used to have.
cnbc.comS&P 500 and Nasdaq eke out fresh record closing highs
The S&P 500 and Nasdaq Composite rose marginally on Tuesday eking out fresh record closing highs as investors digested testimony from the top U.S. central banking official and assessed the potential economic impact of the coronavirus. During the Q&A portion of his testimony, Powell noted it is "too early to say" how the coronavirus will ultimately impact the U.S. economy. "The coronavirus clearly presents a risk to the global economy," said Danielle DiMartino Booth, CEO of Quill Intelligence. Investors have been grappling with fears that of the coronavirus denting global economic growth. Both the S&P 500 and Nasdaq Composite closed at fresh highs on Monday, while the Dow jumped more than 170 points.
cnbc.comStock market live updates: Dow down 300, coronavirus names fall, Uber best day ever
Franck2:08 pm: Dow drops 300 points to session lowThe Dow slid 300 points in afternoon trading to its session low, as sharp declines in Dow Inc and Caterpillar put pressure on the 30-stock index. Shares of Uber jumped more than 9% on Friday, putting the stock on pace for its best day ever. The jobs report is essentially out of the markets' mind now. Melloy8:33 am: US added 225,000 jobs in January, versus 158,000 expectedStock futures pared losses after the blowout January jobs report. Li8:07 am: Jobs report approachesThe Labor Department's report on nonfarm payrolls for January will set the tone for Friday.
cnbc.comThese are the jobs with the fastest-growing wagesand online shopping is giving them a boost
Jobs tied to the holiday shopping season are seeing some of the fastest-growing wages in the country, according to Glassdoor's latest job market report. Warehouse associates saw a 6.3% boost in pay year over year in September, and those workers earned a median of $42,864. The career site analyzed wages for workers in September 2019 compared to September 2018 for the report. Retail key holders are generally in charge of opening and closing the store, as well as overseeing operations when a manager isn't present. The increased pay for these jobs reflects not only seasonal consumer trends, but also the changing nature of retail as a whole.
cnbc.comSteve Jobs: 'Technology is nothing'here's what he said it really takes to achieve great success
It's been eight years since Steve Jobs passed away on Oct. 5, 2011, but his lessons about life, work and success still live on today. He taught them to focusAfter his return to Apple, Jobs would take his top employees on annual retreats. "Deciding what not to do is as important as deciding what to do," Jobs told Isaacson. According to Isaacson, Jobs believed in the power of in-person conversations and always preferred face-to-face meetings. "There's a temptation in our networked age to think that ideas can be developed by email and iChat," he told Isaacson.
cnbc.comBill Gates says Steve Jobs was a master at 'casting spells' to keep Apple from dying
Steve Jobs was a master at "casting spells" to keep Apple employees motivated and working long hours, said Bill Gates, the billionaire co-founder of technology giant Microsoft. "I was like a minor wizard because he would be casting spells, and I would see people mesmerized, but because I'm a minor wizard, the spells don't work on me," said Gates, the world's second-richest person. Despite that, Jobs, the former Apple CEO who died of pancreatic cancer in 2011, was an example of "don't do this at home" in his style of leadership, Gates said. Jobs was a singular case, Gates said, where Apple was on a path to die and goes on to become the most valuable company in the world. Since Jobs' passing, leadership of the company has gone to current CEO Tim Cook.
cnbc.comFebruary sees 295,000 jobs added as unemployment rate falls
February sees 295,000 jobs added as unemployment rate falls The latest job report shows the unemployment rate fell to 5.5 percent nationwide. CBS News' contributor and analyst Mellody Hobson joins "CBS This Morning: Saturday" to tell us more about what this means for the economy.
cbsnews.comMoneyWatch: Jobs report due Friday; Google to sell car insurance
MoneyWatch: Jobs report due Friday; Google to sell car insurance The November jobs report will be released Friday, and analysts expect another strong month. Also, Google is reportedly working on a comparison shopping site for car insurance. Jill Wagner reports on the day's top MoneyWatch headlines.
cbsnews.comJobs return, but long-term unemployed still left behind
Jobs return, but long-term unemployed still left behind While hiring has rebounded, it's still a challenge for people who have been out of work a year or more to get jobs, says Geoffrey Hoffmann, chief executive at search firm DHR International.
cbsnews.comNew Google initiative looks to close the tech world's gender gap
New Google initiative looks to close the tech world's gender gap Jobs in computer science are multiplying fast, with the Labor Department predicting more than 4-million positions by the year 2020. But so far, it's mostly a man's world. Google is launching a new campaign to help close the gender gap. CBS News' Alexis Christoforous reports.
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