Stream of Reading (Prepare to be Forwarded) – An Archive of What I'm Reading
Ana Redmond launched into a technology career for an exciting challenge and a chance to change the world. She was well-equipped to succeed too: An ambitious math and science wiz, she could code faster, with fewer errors, than anyone she knew. In 2011, after 15 years, she left before achieving a management position. Garann Means…
$8,000 each month with another $3,000 for housing. Welcome to the life of a Silicon Valley intern. Six-figure salaries. Flexible hours. Luxury housing. Ah, the life of an intern. This past weekend, high school senior Tiffany Zhong, the chief product officer of the app Glimpse and one of the tech industry’s “55 Unknown Rock Stars”…
Barclays plans to offer apprenticeships in banking to people 50 and older by the end of the year. That’s a rational response to an aging workforce and the impact of demographics in developed economies, and one that more companies around the world will need to replicate. It’s great news for those who find themselves unemployed…
Average wages stagnate after 35. (bigstockphoto) Ah, your 20s: A decade of self discovery, smartphone dating and shopping for IKEA coffee tables — right? A new report from the Federal Reserve Bank of New York sends a more sobering message to millennials: Your first 10 years in the labor market likely shape your lifetime earning…
It all makes perfect sense. Challenger announced this morning that layoffs in January soard 17.6% year-over-year with planned job cuts at the highest level in almost 2 years… Jobless claims in Shale states continues to trend higher as oil prices collapse… but initial jobless claims beat expectations – hovering near cycle lows – though did…
Employers cut 53,041 jobs in January as the energy industry slashed positions in the face of falling oil prices, Challenger, Gray & Christmas reported. Layoffs hit nearly 2-year high in Jan: Challenger – Yahoo Finance.
By MARTIN CRUTSINGER AP Economics Writer5:38 a.m.Feb. 5, 2015 In this Jan. 12, 2015 photo, a workman moves along a commercial construction site in Philadelphia. The Labor Department reports its first estimate for productivity in the fourth quarter of 2014 on Thursday, Feb. 5, 2015. (AP Photo/Matt Rourke) WASHINGTON (AP) — U.S. worker productivity went…
More people sought unemployment benefits last week, but the number of applicants remained near historic lows in a positive sign for job growth. The Labor Department said Thursday that weekly applications rose 11,000 to a seasonally adjusted 278,000. The four-week average, a less volatile measure, fell 6,500 to 292,750. That average has plunged 15 percent…
U.S. productivity falls in fourth quarter; labor costs rise Workers prepare outgoing shipments at an Amazon Fulfillment Center, ahead of the Christmas rush, in Tracy, California, November 30, 2014. Credit: Reuters/Noah Berger WASHINGTON (Reuters) – U.S. nonfarm productivity braked more sharply than expected in the fourth quarter, while unit labor costs rebounded after falling…
In May of last year, I took a trip to Nevada to report a profile of a political candidate. After a three-hour interview with my subject, a member of her communications team suggested we go to lunch. Midway through, I jumped up from the table and ran toward the restaurant’s bathroom. I was unable to…