Employment

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As Americans overloaded with student debt question the value of a college degree, training for one high-paying profession begging for employees costs relatively little. Court reporters. “There is going to be a demand, and a need, for at least 5,500 new positions over the next three to five coming years,” said Sarah Nageotte, president of …

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Mexican agricultural workers cultivate romaine lettuce on a farm in Holtville, Calif.

President Barack Obama’s new immigration plan may end up doing the most damage to the very sectors that begged for reform. The White House boasted Thursday the president’s historic executive actions on immigration will help the U.S. economy, but some predicted it will actually harm Americans’ wages. More surprisingly, however, is the possibility that a new …

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Entrepreneur Kyle Davidson has been on many adventures. But the one that’s been most meaningful came after he left Living Social, an online marketplace that features local deals for its subscribers. Davidson had worked on the company’s adventures team, crafting deals on snowboarding, skiing, rafting, wine tours and other trips. When his job came to …

Veterans on Wall Street

Dominic Chu tells us what one Wall Street firm is doing to help veterans transition from the battlefield to the workplace.

Source: Money20/20
The 2014 Money20/20 Hackathon in Las Vegas where PayPal recruits for IT workers

At the Money 2020 Hackathon in Las Vegas, there’s more than just the $125,000 in prize money at stake. Winners here may also land a job with one of the hackathon’s sponsors PayPal. “They get to learn about our products and our company,” said PayPal’s Chief Technology Officer James Barrese. “We get to see what …

Job growth is picking up steam

Friday’s jobs report was solid, but not spectacular. Will this do anything to change expectations for the Federal Reserve and the future of interest rates?

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A worker polishes a 2015 Ford Mustang on Aug. 28, 2014 in Flat Rock, Mich.

October’s employment report shows steady jobs growth; a slow decline in the unemployment rate and no signs of wage pressures—a solid formula that does little to change expectations for the economy or the Fed. The Labor Department said Friday 214,000 nonfarm payrolls were added in October, and the unemployment rate fell to 5.8 percent from …

Mark Makela | Reuters
Aircraft technicians assemble S-76D helicopters at Sikorsky Global Helicopters in Coatesville, Pennsylvania October 16, 2014.

The U.S. economy created 214,000 jobs in October, the Labor Department reported Friday, pushing the unemployment rate to its lowest level in six years and suggesting the labor market recovery remained intact. Although October’s nonfarm payroll data fell short of Wall Street’s estimates, which had expected jobs growth at 231,000, the prior two months were …

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Dealing with emergencies is nothing new to the heath care industry, and while not life threatening, a lack of skilled medical coders threatens to disrupt one of the critical elements a hospital needs to stay up and running—insurance payments. “Right now there is a dramatic shortage of skilled workers in the market so we have …

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A transmission for a Chrysler Ram 1500 truck goes through the assembly line at the Warren Truck Assembly Plant in Warren, Michigan, September 25, 2014.

Job growth bounced back in September after a disappointing August, with the U.S. economy creating 248,000 fresh positions. The Bureau of Labor Statistics also reported that the unemployment rate fell to 5.9 percent as the labor force participation rate fell to 62.7 percent, its lowest level since February 1978. Taken together, though, the numbers renewed …

Why small business isn’t hiring

A new survey shows a lot of small businesses aren’t taking on new workers. What’s holding them back?

NSA competes for top talent

Rocked by the Edward Snowden disclosures and facing stiff competition for top talent from high-paying Silicon Valley firms, the NSA is looking to recruit employees through a new program.

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A trader works on the floor of the New York Stock Exchange.

A lot of strategists seem a bit nervous that more economic data will come in lower than expected. Thus far, their fears seem well-founded. This morning saw a flurry of disappointing data: consumer confidence for September came in at 86, well below expectations of 92.6. Separately, September Chicago PMI, a measure of manufacturing activity in the Chicago …

Source: Richard Branson | Linkedin
Richard Branson works from his home on Necker Island

Tired of only two weeks of vacation a year? Perhaps you should work for Virgin—where boss Richard Branson believes employees should be allowed to take off as much time as they want. The self-made billionaire laid out Virgin’s vacation policy on the company’s website in a blog post on Wednesday entitled “Why we’re letting Virgin staff take …

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Showing up to work high? You’re not alone. A new report has found nearly 1 in 10 Americans are showing up to work high on marijuana. Mashable.com conducted the survey in partnership with SurveyMonkey, and found 9.7 percent of Americans fessed up to smoking cannabis before showing up to the office. The data analyzed the marijuana and …