Employment

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It’s that time of year again: the dreaded performance review. While this practice is key to getting teams to set priorities and clarify actions, managers (and employees) often treat it as a make-work task instead of a productive conversation. Perhaps it’s no wonder then that companies worldwide deliver just 50 to 60 percent of the …

Licensing requirements may hold back workers

Government requirements for licenses, registrations and certificates may be holding back hiring in some industries.

Karina Frayter | CNBC
A student at Dowling College training in an air traffic control simulator.

Saja-Lindsay Sudlow has known for years she wanted a job in aviation, ever since her high school job manning the museum booth in the Old Rhinebeck Aerodrome in Red Hook in New York City. “This is something I always wanted to do,” the 23-year-old said. A recent graduate of Dowling College in Shirley, New York, …

Tom Williams | CQ Roll Call | Getty Images
Rep. Rosa DeLauro, D-Conn., and Sen. Barbara Mikulski, D-Md., left, urged the Senate to pass the Paycheck Fairness Act earlier this fall to help close the gender wage gap. It failed to gain enough votes.

Ladies, don’t celebrate that promotion or raise just yet. Working women in the United States still face a bigger wage gap than those in other countries. Of 38 countries assessed in the International Labour Organization’s Global Wage Report 2014/15, released Friday, Americans had the widest reported total gap, at 36 percent. That’s a bigger paycheck …

Lucy Nicholson | Reuters
Attendees pick up leaflets at a military veterans' job fair in Carson, California, October 3, 2014.

Job creation surged in November, with the U.S. economy adding a dazzling 321,000 positions though the unemployment rate held steady at 5.8 percent, according to a government report. Economists were expecting 230,000 new nonfarm payrolls jobs and unemployment at 5.8 percent. The reported number for October was revised higher to 243,000 jobs. September’s number also was …

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Higher wages and a war for talent are on the horizon as companies compete for a shrinking pool of skilled labor during the next two years, said John Challenger, chief executive officer of outplacement firm Challenger, Gray & Christmas. “We’re at the time in the economic cycle, say the seventh inning, where there just aren’t …

Eddie Seal | Bloomberg | Getty Images
Patterson UTI Drilling representative, left, speaks with job seekers during the Eagle Ford Shale Job Fair in Corpus Christi, Texas.

This is a breaking new story. Please check back for updates. Private sector job creation kept up its recent pace in November, though the 208,000 new jobs was a shade below expectations, according to ADP. Economists were looking for the report to show 220,000 new jobs. It was, though, the sixth consecutive month of 200,000-plus …

Wal-Mart wage protests

While some were shopping at Wal-Mart for Black Friday deals, others were protesting what the world’s largest retailer pays to its employees.

Peach farm labor standoff

At the nation’s largest peach farm there’s a big union standoff that’s being closely watched by small farms and agricultural giants around the country.

Daniel Grill | Getty Images

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 …

M_a_y_a | Getty Images

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?