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'It's like an inferno.' Pacific Palisades fire explodes as thousands flee; Banks, lenders to no longer consider medical debt under new rules; CT educators celebrate passage of Social Security Fairness Act; and US Labor Department wants MD workers to claim their wages.
'It's like an inferno.' Pacific Palisades fire explodes as thousands flee; Banks, lenders to no longer consider medical debt under new rules; CT educators celebrate passage of Social Security Fairness Act; and US Labor Department wants MD workers to claim their wages.
The US Labor Department has revised the jobs numbers down nearly every year for over a year. Now the government admits to inflating the jobs numbers by reducing the jobs numbers by up to one million over the past year. Many American consumers are supplementing their living expenses with debt. Credit card balance is at an all-time high. Credit card defaults are at the highest level since 1991. A recent Piper Sandler analysis states 2024 looks reminiscent of 1970 and 2021 recession years. The American consumer has more debt and less savings than in 1970 and 2021. Consumer weakness could lead to a sharper decline than 1970 and 2021, according to Piper Sandler. The Shiller cyclically-adjusted price-to-earnings ratio (CAPE), is a 10-year rolling average of the 12-month trailing PE ratio. The CAPE ratio has a remarkable ability to predict future returns. The CAPE ratio predicted the S&P500 returns over the following decade with 90% accuracy between 1995 - 2010, according to an analysis by The American College of Financial Services. The Shiller CAPE ratio currently predicts annualized returns of about 3% over the next decade. I believe the economy will get worse before it gets better. We are in for a rough ride. It would be prudent to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities. You can invest in high cash value Your Personal Bank TM policies that are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years! Contact Ferenc at yourpersonalbank.com or 866-268-4422 for more info.
Jack talks to Quint Tatro from Joule Financial about the negative outlook from the US Labor Department's Job Market report. See omnystudio.com/listener for privacy information.
Kevin talks about July Class 8 truck sales and Class 8 truck orders; what that means for the industry. US Labor Department released the July Producer Price Index, how will this affect the Federal Reserve's decision on interest rates next month. We look at the Truck Transportation and Warehousing/Storage jobs report. Oil reacts to Iran hinting that it may not retaliate against Israel, OPEC lowering demand expectations and lacklustre Chinese consumption and economic growth.
Kevin talks about July Class 8 truck sales and Class 8 truck orders; what that means for the industry. US Labor Department released the July Producer Price Index, how will this affect the Federal Reserve's decision on interest rates next month. We look at the Truck Transportation and Warehousing/Storage jobs report. Oil reacts to Iran hinting that it may not retaliate against Israel, OPEC lowering demand expectations and lacklustre Chinese consumption and economic growth.
Welcome to this week's AHR market review for the week ending 14th July 2024. The U.S. large-cap value stock index outperformed its growth benchmark counterpart for the week, eroding some of the growth style's wide margin of year-to-date outperformance. A major factor supporting many stocks appeared to be Thursday's release of the US Labor Department's consumer price index (CPI). A driver of European stock performance in recent weeks has been local elections and during the week the second and final round of voting in France's parliamentary elections delivered a hung parliament. US value stocks delivered the strongest returns across US markets for the week posting a return of over 1.5% whilst broad US equities returned just under 1%. European equities ended the week 1.5% higher as investors welcomed lower-than-expected U.S. Yields of government bonds dropped, as investors took Thursday's inflation report as an indication that interest-rate cuts could be coming sooner rather than later. That's all for this week's AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.
AP correspondent Norman Hall reports Hyundai and two other firms in Alabama have been accused of child labor violations.
Tens of thousands of dreamers, come this November will be allowed to enroll in ObamaCare. According to the US Labor Department, the unemployment rate rose to 3.9% in April, up slightly from March. And what started as a weekly exercise in prayer for men in Ireland has spread throughout the world.
US producer prices increased moderately in March as a rise in the cost of services was softened by a fall in goods prices, calming fears of a resurgence in inflation. The report from the US Labor Department led economists to anticipate milder increases in the inflation measures tracked by the Federal Reserve for monetary policy relative to the strong consumer price readings in March. Gina Martin Adams, Chief Equity Strategist & Global Director of Equity Strategy at Bloomberg LP shares her insights on whether the sell-off following a hot consumer prices report signals hope that we might not see a resurgence in inflation and if investors are too bullish at this point. She also weighs in on the complexities, opportunities and risks posed by emerging markets, whether leading industries are in the process of losing steam, and the direction of the overall market health. Presented by: Sean Cheong Producer: Yeo Kai Ting (ykaiting@sph.com.sg) Graphics credits: pixabay & its talented community of contributors See omnystudio.com/listener for privacy information.
Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.How will the new law restricting abortion in Arizona affect the state's clinics?Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.(Picture: Wad of U.S. paper bills - stock photo. Picture credit: Getty Images)
Consumer prices in the US rose faster than expected last month. The CPI measure of inflation rose 3.5% over the 12 months to March, up from 3.2% in February, the US Labor Department said.How will the new law restricting abortion in Arizona affect the state's clinics?Plus UK Paralympic legend Baroness Tanni-Grey Thompson tells us what she makes of the news that athletes will soon be paid for winning an Olympic gold medal.
The government changed how it measures the Consumer Price Index (CPI) to make it appear inflation is less severe than it actually is. If CPI was measured using pre-1983 methods, 2022 is estimated to be 18%. 2023 inflation (CPI) was 9% according to the Bureau of Economic Analysis. These numbers are supported by a 25% increase in food costs since January 2020, source US Labor Department. Zillow states the income required to purchase the average home 4 years ago was $59,000. Today, the income required to purchase the average home is $109,000. If you were an average income earner and increased your income $10,000 per year over the past 4 years, you increased your income more than most people. Unfortunately, you did not improve your financial situation regarding housing costs. Sadly, home ownership has slipped away for many Americans. When the federal government spends more than it receives through tax revenues, it prints the extra dollars. This increases the amount of currency in circulation. Extra dollars chasing products and services increases prices. This is the cause of inflation. The US government is expected to spend $2.5 trillion more than it will receive in tax revenues in fiscal year 2023. As long as the federal government continues to spend more than it receives, inflation and interest rates will be pushed higher. This is the reason the Federal Reserve has stated to "expect higher for longer" regarding interest rates. The federal government fiscal irresponsibility creates opportunity. Insurance company dividends are highly interest rate sensitive. Interest rates and dividends are expected to increase over the next 5 -10 years. Your Personal Bank allows you to grow your money insured, with guarantees, tax-free, and likely increasing returns over the next 5 - 10 years. I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities. When the government spends more than it receives, it has to sell bonds to off-set the currency. As long as the federal government continues to print money, bond interest rates will remain higher. Currently, there is no political will to reduce spending. The federal government's excess spending creates an opportunity. Insurance company dividends are highly interest rate sensitive. Dividends are expected to increase for the next 5-10 years. You earn dividends insured, guaranteed, tax-free and highly liquid. You can take advantage of the government's financial irresponsibility. Contact Ferenc at YourPersonalBank.com or 866-268-4422 for more info.
Three news stories summarized & contextualized by analytic journalist Colin Wright.Romania and Bulgaria to join Schengen border-free zone by air and seaSummary: Now that Austria has dropped a 2022 objection it raised due to concerns about more illegal immigration coming into Europe, Romania and Bulgaria are set to join the European Schengen Zone—which allows free movement between Schengen countries for people living in the Zone—following more than 10 years of attempting to do so.Context: About 400 million people live in Schengen countries and can thus travel around the Zone without needing passports or having to pass through additional security checkpoints that are often required for folks visiting from international locales; these two new entrants to the Zone will only have air and sea passage for the time being, with talks about opening land borders continuing into 2024, and this addition means Ireland and Cyprus are now the only EU countries that aren't also part of the Schengen Zone.—BBC NewsOne Sentence News is a reader-supported publication. To support my work, consider becoming a free or paid subscriber.US grounds some Boeing MAX planes for safety checksSummary: Following an emergency landing necessitated by a piece of fuselage tearing off the side of an Alaska Airlines jet on Friday, US regulators have temporarily grounded 171 Boeing 737 MAX 9 jets for safety inspections.Context: Remarkably, no one was seriously injured when a chunk of the plane tore off mid-flight, though the jetliner did lose pressurization and several passengers suffered minor injuries as a consequence; everyone with a stake in this matter, from Boeing to Alaska Airlines to the FAA have announced investigations into what happened and how to keep it from happening again, and this is just the most recent grounding of Boeing MAX jets—a design that has been plagued with issues since its introduction, including a global grounding for 20 months in 2019 and 2020 that followed a pair of crashes that killed 346 people.—ReutersRepublicans erupt over secrecy in defense secretary's hospitalizationSummary: Republican lawmakers have expressed deep concern and anger about a delay in being notified about the hospitalization of US Defense Secretary Lloyd Austin.Context: What seems to have happened is Austin went in for an elective medical procedure of some kind, there were complications, and he was then admitted to the hospital on January 1; the issue is that people who are meant to be kept in the know about vital military matters, like Congress and the President, don't seem to have been made aware of this, even though the Deputy Defense Secretary was reportedly made ready to act in Austin's place, if need be—though she was on vacation in Puerto Rico at the time; so while Austin has said in a statement that he's on the mend and takes responsibility for any transparency issues that might arise from his decision not to make a more complete disclosure about his hospitalization, some folks on the Republican side of the aisle are chalking this up to bad communication practices in the Biden administration, while others are saying Austin needs to be held accountable for this insufficient disclosure.—AxiosManufacturing capacity spending in the US has been on a wild tear since the introduction of the CHIPs Act and Infrastructure Law a few years ago (and were further augmented by the Inflation Reduction Act), and this has both supported the economy in the short-term and (ostensibly at least) bulwarked it in the longer-term as the US pivots away from tight ties with China and attempts to bring some of those offshored production jobs (especially in security-related industries, like microchips) back to North America.—Axios216,000Number of new jobs US employers added in December (on a seasonally adjusted basis) according to a new report from the US Labor Department.That's higher than most experts expected, and it's making an anticipated (and by investors at least, hoped-for) March-ish initial drop in interest rates less likely, as it suggests the economy is still hot enough to handle the additional downward pressure for longer.—The New York TimesTrust Click Get full access to One Sentence News at onesentencenews.substack.com/subscribe
This Day in Legal History: John Jay BornOn this day in legal history, December 12th, we celebrate the birth of John Jay, a pivotal figure in the early judicial and political history of the United States. Born in 1745 in New York City, Jay would grow to be a foundational character in the formation of the United States. He was a statesman, patriot, diplomat, and, most notably, the first Chief Justice of the United States Supreme Court, appointed by President George Washington in 1789.Jay's legal career was marked by significant contributions, including his co-authorship of "The Federalist Papers," a series of essays advocating for the ratification of the U.S. Constitution. His essays underscored the necessity of a strong, unified federal government, a principle that would shape American governance for centuries to come.As Chief Justice, Jay set the groundwork for the Supreme Court's authority, although he served in this role for only six years. During his tenure, the Supreme Court heard few cases, and none of Jay's decisions were particularly landmark. However, his leadership established the early functioning and dignity of the Court.Jay was also a leading diplomat, negotiating the Jay Treaty with Britain in 1794, which averted war and facilitated ten years of peaceful trade between the U.S. and Britain. This treaty, though controversial, was pivotal in stabilizing the young nation's international standing and economy.Beyond his public service in federal roles, John Jay was a staunch abolitionist. As governor of New York, he signed a law in 1799 that would eventually lead to the emancipation of all enslaved people in the state.Jay's legacy as a legal and political luminary is often overshadowed by his contemporaries like Washington and Hamilton. However, his contributions were fundamental to the establishment of the U.S. legal system and the function of the Supreme Court. His efforts in shaping the early foreign policy of the United States and his commitment to abolitionism are testaments to his broad impact on the nation.On December 12th, we remember John Jay not just as the first Chief Justice, but as a multifaceted leader whose vision and dedication played a crucial role in laying the foundations of American law and government.The US Labor Department's proposal to impose stricter fiduciary advice standards on financial professionals is set for its first public hearing. This move by the Biden administration could impact broker-dealers and insurance agents who earn commissions from selling investment products to 401(k) participants. The proposal aims to prevent advisers with conflicts of interest from directing retirement assets into risky investments for personal gain. Critics, however, argue that this fee-only fiduciary advice model could exclude low- and moderate-income savers.The proposed rule seeks to update a nearly 50-year-old fiduciary investment advice regulation. It focuses on whether advice is part of a trusted relationship and in the best interests of the investor. Witnesses from various organizations, including AARP, major banks, and Wall Street lobbying firms, will testify at the hearings.Adopting fiduciary status would bring tougher reporting and disclosure requirements and potential legal risks for companies. The proposal is seen as a potential reshaper of financial markets and echoes a similar Obama-era regulation that was vacated in 2018.The rule particularly targets rollovers from workplace retirement plans to bank or insurance products, which can be crucial financial decisions for individuals. President Biden has criticized rollovers that benefit brokers over clients as "junk fees."EBSA aims to finalize the fiduciary rule quickly, potentially before the upcoming election, to avoid congressional or administrative revocation. Critics argue that the proposal could make fiduciary investment advice more costly for consumers and blur the line between salesmanship and financial advice, hindering financial inclusion and retirement options.Wall Street Set to Fight 401(k) Advice Rule in Public HearingsEpic Games has won a significant antitrust trial against Google regarding its Play app store, alleging it operated as an illegal monopoly. The jury found in favor of Epic on all counts, after a month-long trial, accusing Google of stifling competitors and imposing high fees on app developers. This ruling, if sustained, could transform the app store economy, giving developers more control over app distribution and profits.Google plans to appeal, emphasizing its commitment to the Android ecosystem. Epic's CEO publicly hailed the verdict, denouncing the "Google Play monopoly." The allegations included Google's tying of its Play store and billing service, forcing developers to use both for app inclusion.While the Play store is a smaller part of Google's revenue compared to its search business, it holds symbolic importance as a gateway to billions of mobile devices. The verdict could lead Google to permit more app stores on Android devices, potentially reducing its revenue from in-app purchases. Epic criticized Google's practices as illegal, accusing them of stifling competition and innovation.Sensationally, Epic also accused Google of deleting internal messages to hide anticompetitive actions. Google, however, denied wrongdoing, arguing it competes fiercely with Apple's App Store. The outcome of this case follows Epic's similar, less successful lawsuit against Apple, with Epic continuing to challenge Apple at the U.S. Supreme Court.Epic Games wins antitrust case against Google over Play app store | ReutersThe Federal Communications Commission (FCC) is expected to vote on a new rule that could significantly increase lawsuits against various businesses, including lenders, insurers, and law firms, over unwanted texts and calls. This rule aims to reduce the number of sales calls received by consumers and will likely pass. It introduces strict regulations on lead generators, who collect and sell consumer contact information to businesses seeking new customers. The rule opens up a broader pathway for claims under the Telephone Consumer Protection Act (TCPA), which allows individuals to sue over unwanted communications, including robocalls.An FCC spokesperson noted this move aligns with the agency's ongoing efforts to reduce robocalls. Attorneys representing both consumers and companies foresee a surge in TCPA litigation if the rule is enacted, potentially leading to double or triple the current number of lawsuits. Lead generation, traditionally used in various industries, has expanded to include personal injury attorneys and mass litigation lawyers.Under the proposed rule, lead generators would be restricted to offering customer information to only one business unless explicit consent is obtained for more. This change requires businesses using leads to ensure compliance with the new law, as non-compliance could lead to legal repercussions. Defense attorney Eric Troutman predicts non-compliance among some lead generators, and attorney Andrew Perrong, experienced in filing lawsuits over unwanted calls, warns against using fraudulently generated leads. Perrong emphasizes that non-compliance with the new rule could lead to significant legal challenges for businesses.New FCC rule on lead generation expected to spur wave of lawsuits | ReutersMy column this week discusses the potential impact of Moore v. United States on wealth taxation, arguing for reforming the estate tax as a more viable alternative to address wealth inequality. The Moore case centers on the constitutionality of taxing unrealized gains, crucial to the feasibility of a wealth tax. If the Moores win, it could challenge the validity of a wealth tax and impact other tax code elements. In my column I suggest that the estate tax, weakened by the Tax Cuts and Jobs Act of 2017, could be a practical tool for tackling wealth disparity. It proposes lowering the estate tax exemption, adjusting rates, and eliminating the step-up basis to make the tax system more equitable. Additionally, I explore Lily Batchelder's idea of a true inheritance tax, taxing inherited wealth at the heir's income tax rate plus 15%. This approach would incentivize the wealthy to distribute their estates in a way that avoids high tax brackets for beneficiaries. My column, in sum, concludes that while a wealth tax is appealing, the estate tax offers a more legally sound and pragmatic solution for addressing wealth concentration.Reforming Estate Tax Would Pave Way for Equitable Tax Landscape Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe
The 401k and 403b investment offerings are a mess and the US Labor Department would like to make it better, but the financial product industry opposes mandating truly honest investing advice. Salespeople aggressively push expensive or unsuitable products, while the low cost products are hidden from participants view. What can you do to avoid the bad products and fiind the best retirement investments for you? Plus, listeners wasnt to know: What is our problem with target-date funds? Can an inherited IRA be gifted away? What should be done with investments when someone enters long-term care? Learn more about your ad choices. Visit megaphone.fm/adchoices
The mother of the man arrested in a deputy's fatal shooting reportedly says her son is mentally ill. A new campaign from First 5 California is bringing awareness to how children are affected by toxic stress. Seventy Thai garment workers in LA County honored by US Labor Department. Support The L.A. Report by donating now at LAist.com/join and by visiting https://laist.com. Support the show: https://laist.com
Organizations are scrambling under a barrage of anti-work trends. Whether it is the great resignation, quiet quitting, quiet firing, or simply a variety of unfilled positions, many employers are stunned and asking what's next. In fact, in just June of 2022, the US Labor Department reports 4.2 million workers quit during the month. This week on The Coffee with Rhonda Show, we'll explore the current state of anti-work trends. We'll discuss actions companies can take to create anti-work, trend-resistant cultures where employees thrive. Special guest Brandy Ferrer joins the coffee table. I'm ready. Roz Jones is ready, and Mireille Toulekima is ready. Are you ready? Don't forget to share what's in your cup! Visit our website to learn more about leadership coaching, development and training: https://ATGLeadership.com
On this day in legal history, September 15, 1935, the Nuremberg Laws of Nazi Germany went into effect, reorienting German citizenship around the exclusion of Jewish residents and laying the groundwork for what was to come. As we've tried to make clear in previous “this day in legal history” segments where we've focused on Germany in the 1930s, the lesson to be learned from a legal perspective derives from the Third Reich's focus on using the rule of law to give a color of civility and process to their gross violations of human rights and atrocities. As much as genocide can come in the form of a general, festooned in medals, pressing a state's military across the countryside leaving death in its wake, the law can be coopted to make the entire affair seem civil and considered. There might be an applicable lesson to be learned and applied to the modern day here.In the fall of 1935, the Nuremberg Laws were enacted in Germany, fundamentally altering the citizenship status of Jews and imposing strict racial classifications. These laws were first announced at a Nazi Party rally in Nuremberg, comprising the Reich Citizenship Law and the Law for the Protection of German Blood and German Honor. The former stripped Jews of their German citizenship, allowing only "full" Germans to enjoy the full protection of the law, while the latter prohibited marriage or relations between Jews and non-Jewish Germans.These regulations were visually represented through a chart that helped Germans understand the classifications, including designations for "Aryan" Germans, Jews, and individuals of mixed race. The laws had severe repercussions, as illustrated by personal narratives and vast documentation from that time. For instance, Edward Adler faced arrest and deportation for his relationship with a non-Jewish woman, and many others experienced similar fates, including forced labor, imprisonment, and eventual deportation to concentration camps. These laws marked a grim step in the Nazis' efforts to isolate and persecute the Jewish community, as well as test the waters to see how far they could take their crimes, based on their false and discriminatory racial theories.A tell for how concerned the Nazis were with how their policies would be received was the fact that they weren't enforced until after the 1936 Summer Olympics which were held in Berlin. Thereafter, anyone found violating the laws would be imprisoned and, following release from their completion of their sentence, re-arrested and sent to a concentration camp. Note the performative release and re-arresting, and consider their aforementioned focus on the rule of law and marshaling it for their evil ends. The initial process was about separating the Jewish community from the rest of the German citizenry under the auspices of protecting Germans and immiserating the former in ways smaller than what would eventually come to pass. A grim day in history, to be sure, but one we should endeavor to learn from.The Nuremberg Race Laws | Holocaust EncyclopediaSenator Kyrsten Sinema has expressed serious concerns about the National Labor Relations Board's (NLRB) impending alteration to the joint-employer standard, hinting at a potential vote to overturn it through a Congressional Review Act (CRA) resolution. The proposed rule, which is set to finalize by October 12, seeks to expand the criteria for determining joint-employer status, including considering indirect and unexercised control over another company's employees. This marks a departure from the current legal test established in 2020, which focuses on direct and immediate control.Sinema voiced her opposition at an event organized by the International Franchise Association, a body lobbying against the NLRB's proposal. The senator indicated that the rule faces significant opposition in Congress, with concerns about its potential impact on franchises like McDonald's Corp. A bipartisan coalition, including Senators Joe Manchin, Angus King, Susan Collins, James Lankford, and Mike Braun, is already collaborating to address this issue, emphasizing the bureaucratic nature of the proposed changes.The CRA resolution, which requires the support of 51 senators to pass, could potentially bypass Senate Majority Leader Chuck Schumer's authority to block it. Votes from Sinema, Manchin, and King will be pivotal, especially if all Republican members in both the House and Senate choose to reject the rule. However, even if the resolution passes in Congress, President Joe Biden retains the power to veto it, as seen in a previous instance in May concerning a rule from the US Labor Department.Sinema Pushes Back on Labor Board's Planned Joint Employer RuleThe first cases from the January 6 Capitol riot have reached the US Supreme Court. Edward Lang and Garrett Miller, who allegedly participated in the riot, are urging the court to dismiss the obstruction charges against them. These cases are part of over 200 instances where the government is utilizing a statute from the Enron era to penalize the rioters. The central issue is the applicability of a provision of the Sarbanes-Oxley Act of 2002 to the rioters who disrupted congressional activities.Lang's attorney, Norman Pattis, emphasized the growing concern over the overcriminalization of federal law and the potential misuse of prosecutorial discretion. However, Columbia law professor Daniel Richman finds it unlikely for the Supreme Court to intervene at this stage, especially given the absence of a split among federal courts of appeal, a typical precursor to Supreme Court involvement. The law under scrutiny, which punishes obstruction of official proceedings, is being challenged for its broad interpretation by the government, a stance that has seen support from judges Florence Pan and Justin R. Walker but faced dissent from Judge Gregory Katsas. The case brings up significant issues regarding the interpretation of the law, with a deadline for the federal government's response set for October 2.First Cases From Jan. 6 Capitol Riot Reach US Supreme CourtU.S. Special Counsel Jack Smith has rejected Donald Trump's plea to recuse Judge Tanya Chutkan from a federal case that accuses the former president of attempting to overturn the 2020 election results. Trump had filed a legal motion claiming that Chutkan's previous remarks in court indicated a lack of impartiality, potentially affecting the fairness of the trial. These remarks were made during the sentencing of individuals involved in the January 6, 2021, Capitol riot, hinting at Trump's influence on the rioters. Despite Trump's criticisms of Chutkan on social media, Smith asserted that there was no valid reason for her recusal. The judge, appointed by former President Barack Obama, has been known for her stern stance against the Capitol attack, often imposing harsher sentences than those recommended by prosecutors. The decision on whether Chutkan will recuse herself from the case, one of four criminal cases Trump is currently facing, rests with her. Trump, who is eyeing the 2024 presidential nomination, has denied all charges and labeled the prosecution's efforts as politically motivated.US opposes Trump request to remove judge in federal election case | ReutersThe proprietors of Haven Salon Spa in Wisconsin, Timothy and Carley Dillet, have assured a federal judge that they will adhere to a National Labor Relations Board (NLRB) directive, following their arrest for non-compliance. In 2021, the NLRB mandated the Dilletts to reinstate a staff member who was wrongfully terminated for scrutinizing the firm's COVID-19 protocols, along with other reparations including back pay and expunging the dismissal from the employee's record. Despite the U.S. Court of Appeals for the Seventh Circuit affirming the NLRB's decision, the Dilletts consistently resisted full compliance, accruing over $30,000 in fines and legal fees. NLRB General Counsel Jennifer Abruzzo warned employers of severe repercussions for flouting the law. The Dilletts and their legal representative have yet to comment on the matter.Spa Owners Vow to Comply After Arrest for Flouting Labor BoardThe impeachment trial of Texas Attorney General Ken Paxton is nearing its conclusion, with closing arguments scheduled for Friday. Paxton, a staunch conservative and ally of former President Donald Trump, faces 16 charges in the trial, including allegations of corruption and abuse of power, primarily concerning actions purportedly taken to shield a rich political donor under federal scrutiny and to conceal an extramarital affair. The trial has revealed deep divisions within the Texas Republican Party, with some members accusing Paxton of tarnishing the party and the state's reputation. The Senate, which is predominantly Republican, will decide Paxton's fate, requiring a two-thirds majority to convict him on any charge, which would result in his permanent removal from office.Paxton, who has been temporarily relieved of his duties pending the trial outcome, has denounced the proceedings as a political witch hunt. He has faced corruption allegations since his initial election in 2014, but managed to secure re-election last November. His defense team has portrayed the accusing former aides as rebellious political moderates, while the prosecution has presented them as credible conservative witnesses who reported their concerns to the FBI in 2020. The impeachment process was initiated after Paxton sought approval for a $3.3 million settlement with ex-employees who had accused him of office abuse, a request that was not granted by state legislators.Impeachment trial of Texas AG Paxton nears end, could see him removed | ReutersIn an unprecedented move, the United Auto Workers (UAW) union has initiated strikes against the three major American automakers: General Motors, Ford, and Stellantis. This is the first time in history that the union has simultaneously targeted all three companies, with workers walking out of plants in Missouri, Michigan, and Ohio. The UAW has termed this strategy as a "Stand Up Strike", a flexible approach allowing them to escalate their efforts progressively to secure fair contracts at each automaker. Initially, less than 13,000 of the 145,000 UAW members have participated in the strike, affecting a selection of plants that would significantly impact suppliers and dealers while minimizing the number of workers on strike pay.The strike follows the automakers' rejection of the union's demands for higher wages, enhanced benefits, and increased job protections, despite the companies enjoying record or near-record profits. The automakers had proposed substantial pay increases, but these did not meet the expectations of the union negotiators. The UAW aims to recover many benefits relinquished over a decade ago when the companies were nearing bankruptcy. The union is also advocating for the reinstatement of traditional pension plans and retiree health coverage for workers hired post-2007, and an end to forced overtime and the utilization of temporary workers. Moreover, the UAW expresses concerns over potential job losses and plant closures as the industry shifts towards electric vehicles, which require less labor for assembly compared to traditional vehicles.UAW workers launch unprecedented strike against all Big Three automakers Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe
A new proposal from the US Labor Department looks to pay managers overtime and the most recent jobs report could mean a soft landing when it comes to inflation.
A new proposal from the US Labor Department looks to pay managers overtime and the most recent jobs report could mean a soft landing when it comes to inflation.
You might be able to see the Northern Lights in Northern California tonight. Tucker Carlson is out at Fox News and Don Lemon is out at CNN. Blake Troli comes on the show to talk about a string of robberies at 10 restaurants in Glendale. Sen. Mitt Romney grilled Julie Su as she is still trying to become the next head of the US Labor Department.See omnystudio.com/listener for privacy information.
House Republicans are continuing their efforts to oppose a US Labor Department rule on environmental, social, and governance retirement investing, despite failing to override President Joe Biden's veto of a resolution to kill it. Republican lawmakers are now working on legislation with former DOL Secretary Eugene Scalia that would modify the Employee Retirement Income Security Act of 1974 to ban retirement plan fiduciaries from considering non-pecuniary factors such as ESG when investing in retirement accounts. The new bill, the Ensuring Sound Guidance Act, is expected to go through the House Financial Services Committee and the Education and the Workforce panel, led by Virginia Foxx, which has jurisdiction over ERISA. The move comes as Republicans seek to counter the ESG movement, with some arguing that it politicises Americans' retirement accounts and represents “woke capitalism”. The bill, which would require retirement account managers to consider only pecuniary factors when investing, would mark a dramatic escalation in the GOP's opposition to environmentally and socially conscious investing. The Republican position on ESG investing faces added scrutiny from benefits advisers, who favor a process-based legal strategy to ERISA law.To be clear, the Department of Labor rule would merely permit investment managers to consider ESG issues if they so choose. No such considerations are being compelled and no measures to mandate ESG considerations have been seriously proposed. Once again the rule would merely permit managers to consider such non-pecuniary factors when choosing investments. Anti-ESG Investing Effort Pivots to New Republican-Backed BillThe US Commodity Futures Trading Commission (CFTC) has sued Binance, the world's largest cryptocurrency exchange, and its CEO Changpeng Zhao (CZ) for allegedly breaking US derivatives rules. The regulator has accused Binance of failing to register with it and failing to implement an effective anti-money laundering programme. The CFTC claims that Binance has deliberately put profits ahead of the law and made no effort to comply with US regulations. It also accused Binance's CEO, Changpeng Zhao, of ordering the destruction of documents, instructing US customers to use VPNs, and directing clients with US connections to open accounts under the names of shell companies. While the CFTC cannot bring criminal charges against firms or individuals, it can seek hefty fines and other penalties. Binance has called the CFTC lawsuit “unexpected and disappointing” and claimed it has been working with the regulator for over two years.Binance, CEO Zhao Sued by US Over ‘Sham' Compliance Measures (4)Alphabet, the parent company of Google, has requested a US federal judge to dismiss a Justice Department lawsuit alleging that Google illegally abused its dominance of online advertising. The government filed the ad tech lawsuit in January, claiming that Google should be forced to sell its ad manager suite, but Google denied any wrongdoing. The company argued that the case should be thrown out because the government erred in defining the online advertising market and excluded powerful competitors such as Facebook. Google also stated that the government's estimate of Google's ad exchange as having "more than 50%" of the market fell short of the 70% needed to allege market power. The case is being heard by U.S. Judge Leonie Brinkema in the Eastern District of Virginia. The Justice Department's ad tech lawsuit follows a separate lawsuit filed in 2020, accusing Google of violating antitrust law to maintain its dominance in search. That case goes to trial in September.Alphabet seeks dismissal of US antitrust lawsuit over Google's online ads | ReutersConcord Law School at Purdue University Global, the first online law school in the United States, is seeking a rule change from the Indiana Supreme Court that would allow its graduates to take the state's bar exam. Currently, California is the only state that permits online law school graduates to sit for the bar. The Indiana Supreme Court is now seeking public comments on the proposal. Purdue law dean Martin Pritikin said that the change would make legal education more accessible to people living in rural and underserved areas. The court is expected to consider the proposal in the coming months.Online law school seeks bar exam eligibility in Indiana | ReutersKnock knock …. Who's there? … My column … My column who? … My column about how we can learn and improve from the French tax code. The idea that modernizing the US tax system is insurmountable seems to be behind every accountant and tax attorney's grimace and tears when discussing the complexity of the code and filing process. And yet, we have an alternative system just across the pond. The method of processing income tax returns in France is automated and relies entirely on an algorithm written more than 30 years ago and designed to run on a processor a third as powerful as the one that counts your steps in your cell phone. France has an automated tax filing system that relies on an algorithm written and maintained by the French Public Finances Directorate. Despite an aging technical infrastructure, French taxpayers use a portal with pre-filled forms, and the algorithm handles all calculations. The French tax code is released under a free software license called CeCILL 2.1, which has been adapted from the GNU General Public License. The French tax code is not simple, as the computation algorithm has 92,000 lines of code. France has undertaken projects to modernize the tax code by reverse engineering the algorithm from publicly available parts and implementing in software the rules of the actual French tax code. The French tax code experience teaches the US to standardize and formalize its tax code, make it algorithm ready, commit to release all algorithms and software code used in public projects, and demand simplicity, automation, and transparency from the government without huge expenditures. A sea change in technology is coming to the tax world, let's make sure a rising tide raises all boats. Here's How We Can Learn and Improve From the French Tax Code Get full access to Minimum Competence - Daily Legal News Podcast at www.minimumcomp.com/subscribe
Intellectual property litigator Terence Ross, a partner at Katten Muchin Rosenman, discusses French luxury design house Hermès International SA's trademark trial against digital artist Mason Rothschild for creating and selling “MetaBirkin” NFTs, which depict digital images of the famous Birkin handbag.Josh Lichtenstein, a partner who heads the ERISA fiduciary practice at Ropes & Gray, discusses the US Labor Department facing an unwelcome case of litigation deja vu, as it attempts to implement a climate-friendly retirement investment rule.June Grasso hosts.See omnystudio.com/listener for privacy information.
Intellectual property litigator Terence Ross, a partner at Katten Muchin Rosenman, discusses French luxury design house Hermès International SA's trademark trial against digital artist Mason Rothschild for creating and selling “MetaBirkin” NFTs, which depict digital images of the famous Birkin handbag.Josh Lichtenstein, a partner who heads the ERISA fiduciary practice at Ropes & Gray, discusses the US Labor Department facing an unwelcome case of litigation deja vu, as it attempts to implement a climate-friendly retirement investment rule.June Grasso hosts.See omnystudio.com/listener for privacy information.
The CONVERSATION breaks down the most recent jobs numbers from the US Labor Department which showed employers added 263,000 jobs in November. That's close to the strong gains of the previous three months which averaged 282,000 jobs. The jobless rate, meanwhile, stayed at 3.7 percent in November. DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, argues that the headline numbers do not tell the complete story. For example, the household employment numbers tabulated in one survey points to a decline in jobs. Overall, there are other negative indicators. MAT VAN ALSTYNE, Odeon co-founder and managing partner describes a massive divergence in the job numbers calculated by the household and the separate established surveys, a gap that has been described as recessionary. The CONVERSATION also examines the relationship between US business openings (births) and closings (deaths) for a fuller understanding. In this topic-packed CONVERSATION, there's more on the trouble for bank stocks and the impact of rising interest rates; how the Fed has impaired the home mortgage market. China comes in for scrutiny as does the new owner of Twitter, Elon Musk. In a spirited debate, BOVE says Twitter is rapidly becoming "a purveyor of lies, hate and filth." VAN ALSTYNE, an avid Twitter user, disagrees, says Twitter in the past month has improved significantly under MUSK. JOHN AIDAN BYRNE says some form of careful content moderation may be desirable as is the campaign to preserve freedom of speech at the same time. Questions & Comments: Podcast@OdeonCap.com
As American voters went to the polls, in the closely-watch mid-term elections, the CONVERSATION sees signs of more gridlock with control of Congress at stake. DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, says Fed Chairman, Jerome Powell, is the only major figure in Washington fighting inflation. MAT VAN ALSTYNE, ODEON co-founder and managing partner, agrees, presenting the case for bringing this white-hot inflation menace in America under control. The CONVERSATION takes a deep dive into the latest labor and productivity numbers for a clearer picture of employment and hiring trends. "I think we've crested in terms of jobs," says BOVE. In a recent note to investors, BOVE said the broader numbers published by the US Labor Department each month tend to be very confusing. "However, assessing the associated wage, hours worked, and productivity data suggests that the job market may have peaked," he writes. The CONVERSATION also turns to Germany and its business and political ties to China and Russia. "Germany has kind of sold its soul to Russia on gas and to China on selling goods," says BOVE. German Chancellor, Olaf Sholz, recently visited China accompanied by business leaders from Germany who signed major deals with China for the purchase of German products. Elsewhere, BOVE provides startling background on what he calls the "illegal" seizure of housing agencies, Fannie Mae and Freddie Mac during the financial crisis. Fannie and Freddie were in court again recently in a battle for control of the agencies by plaintiffs. Questions & Comments: Podcast@OdeonCap.com
The latest report from the US Labor Department says national job growth in July surged a whopping 528,000, a massive number that defied expectations, with the unemployment rate dipping to a 50 year low. The Conversation takes a look at the numbers. “There are conflicts here that are really deep and significant,” says DICK BOVE, chief financial strategist at ODEON CAPITAL GROUP, referring to the stark differences between two government labor market surveys, one reporting massive job gains, the other massive job losses. “If you dive deep into the data, you will see lots of the jobs created are second and part time jobs,” says MAT VAN ALSTYNE, ODEON co-founder and managing partner. “People are stretching to make ends meet.” Joined by journalist, JOHN AIDAN BYRNE, the CONVERSATION offers a new perspective on the state of the labor markets. “More than half of the new jobs reported as created were in the low-wage sector,” says BYRNE. With analysis and research by BOVE, the CONVERSATION unpacks the data to see where growth is slowing and rising in the US economy, examining durable goods and other sectors. BOVE has a grim assessment on productivity and how this could impact the labor markets in the coming months. The CONVERSATION reports on changes at the top of Bank Supervision at the Federal Reserve. Also, BOVE reports that the Fed has finally started to taper, as he gives us some numbers and analysis on this as well as on inflation and global currency instability. Reshoring, bringing back jobs to America is a hot topic in boardrooms. Listen to the CONVERSATION and find out more on this and our other topics. E-Mail Comments & Questions: Podcast@OdeonCap.com
The US Labor Department has proposed a new rule that could favor ideological goals over investors' best interests; plus, the world of publicly-traded REITs continues to shrink. Listen in as AltsDb co-founder Andy Hagans discusses these stories and more with Michael Johnston, VP of Business Development at AltsDb, in the August 2022 Round-up. Show notes: https://altsdb.com/2022/08/michael-johnston-043/
As persistent inflation strikes fear in the market ahead of Wednesday's FOMC meeting, the total crypto market cap has plunged below $1 trillion dollars for the first time since January 2021, as data from The Block shows: In this special episode of The Scoop, financial veteran Jim Greco — a general partner at crypto high-frequency trading firm F9 Research — examines some of the causes of the recent market meltdown, and explains why only the strongest crypto companies will survive. According to Greco, this sell off was driven primarily by macro concerns regarding persistent inflation: “On the actual market structure component of what the sell off has been about, I think it's largely a macroeconomic story — and really ever since the end of last year, we've been dealing with a huge inflation story.” Last Friday, the US Labor Department reported May's consumer price index to be up 8.6% compared to May of 2021, signaling the highest levels of inflation since the 1980s. In addition to cratering crypto prices, Greco also believes the bear market will help bring last year's inflated crypto valuations back to reality: “Were these companies ever worth $10 billion or whatever the valuation was? Probably not. I think this was just investors looking at the direction of volumes and volatility last year, projecting out as if that wouldn't stop into 2025, but now we've had a huge correction and it's pretty clear what those projections into 2025 look like now, and they're not anywhere close.” Indeed, crypto financial services firm BlockFi, which reportedly raised funds at over a $5 billion valuation just last year, announced recently that it was in the process of finalizing a down round that would bring BlockFi's valuation to just $1 billion. Episode 52 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Jim Greco general partner at F9 Research. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to podcast@theblockcrypto.com. This episode is brought to you by our sponsors Fireblocks, Coinbase Prime & Cross River Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing digital assets. Fireblocks enables exchanges, lending desks, custodians, banks, trading desks, and hedge funds to securely scale digital asset operations through the Fireblocks Network and MPC-based Wallet Infrastructure. Fireblocks serves over 725 financial institutions, has secured the transfer of over $1.5 trillion in digital assets, and has a unique insurance policy that covers assets in storage & transit. For more information, please visit www.fireblocks.com. About Coinbase Prime Coinbase Prime is an integrated solution that provides institutional investors with an advanced trading platform, secure custody, and prime services to manage all their crypto assets in one place. Coinbase Prime fully integrates crypto trading and custody on a single platform, and gives clients the best all-in pricing in their network using their proprietary Smart Order Router and algorithmic execution. For more information, visit www.coinbase.com/prime. About Cross River Cross River is powering today's most innovative crypto companies, with banking and payments solutions you can rely on, including fiat on/off ramp solutions. Whether you are a crypto exchange, NFT marketplace, or wallet, Cross River's API-based, all-in-one platform enables banking as a service, ACH & wire transfers, push-to-card disbursements, real-time payments, and virtual accounts and subledgers. Request your fiat on/off ramp solution now at crossriver.com/crypto.
David shares a stat from the US Labor Department: as of May 11th, inflation over the last 12 months through April of 2022 has been 8.3%. David explains that the general belief is that inflation doesn't necessarily translate to more taxes because the IRS has been historically good at indexing tax brackets to keep up with inflation. However, he says, there are a few thresholds in the IRS tax code that aren't indexed to keep up with inflation – and could result in you paying higher taxes. Social Security, for instance, counts as provisional income. This represents a problem because as your Social Security rises to keep up with inflation, you get pushed closer to the provisional income thresholds. This may not seem like a big deal if inflation increases at the historical rate of 3%, but initial projections show that, in 2023, Social Security could go up to 8%. Selling your primary residence is another area where inflation could cause you to pay more taxes. David explains that profits up to $250,000 – or $500,000 if you're married – from a sale of your primary residence are tax-free. However, since this number hasn't been adjusted to keep up with inflation since 1997, you run into the risk of your profit being subjected to capital gains tax if your home value increased as a result of inflation. The Obamacare surcharge is another area where inflation can “hammer you”, says David. David discloses that inflation could force you to pay a double tax on the sale of a home. The Salt Tax, a $10,000 limit on the Federal tax deduction, hasn't been changed since 2018. This means that if your income goes up, your state and local taxes rise commensurately – and a smaller and smaller percentage of that ends up being deductible on your Federal tax. A “tax bracket creep” is when tax brackets fail to adjust for changes in consumer purchasing power due to inflation. Some experts, David shares, think that the adoption of the Modern Monetary Theory in the form of printing tons and tons of money would also cause a dramatic rise in taxes. David believes that getting to the 0% tax bracket in retirement is the best way to shield yourself against all the taxes impacted by inflation. Mentioned in this episode: TaxFoundation.org David's books: Power of Zero, Look Before Your LIRP, The Volatility Shield, Tax-Free Income for Life and The Infinity Code DavidMcKnight.com PowerOfZero.com (free video series) @mcknightandco on Twitter @davidcmcknight on Instagram David McKnight on YouTube
Fidelity, one of the largest investment managers in the world, made headlines when it announced its intention to offer clients the ability to invest in crypto through their 401(k) retirement accounts. In such a volatile environment, is it a risky bet to add digital assets to a retirement plan? Bloomberg reporter Suzanne Woolley joins this episode to talk about the recent history of 401(k) investments in crypto, and why the US Labor Department is less than enthusiastic about the move. See omnystudio.com/listener for privacy information.
Lots of jobs out there! The US Labor Department reported today 428,000 jobs created in April alone! As the Roe vs. Wade leak has thrusted the abortion debate into the national discussion, the far-left and far-right fringes are showing up too! And Comicon goes with Masks… Oh! And it's Mother's Day on Sunday, so get ready for the Mother's Day edition of Right Now with Lou!
The US Labor Department reported this week that the March 2022 inflation metrics soared to highs last seen in December 1981. After rising 1.2% from a month ago, prices are now 8.5% above last year and over 11% above March 2020. This week Brian discussed what categories in the inflation report could lead the way on bringing these eye-popping numbers back down.Ford Financial Group on FacebookFord Financial Group on YouTubeQuestions?Find us at FordFG.comEmail us at info@fordfg.comMusic:Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID: 1-05266381
This week, the US Labor Department reported that consumer prices were 8.5 percent higher than 12 months ago, the biggest jump in prices since 1981. From rising prices for fuel, food, housing and rent, as well as a panoply of goods and services, this price surge has triggered anxiety for consumers, businesses and the Federal Reserve. ODEON CAPITAL CONVERSATIONS will take a deep dive and examine the Fed's dilemma. If the US hits a recession after interest rates are jacked up to tame inflation, will the government act in a "fiscally responsible" manner to manage spending as tax receipt decline, asks panelist MAT VAN ALYSTYNE? Alternatively, he further adds, will it take the easy money approach, printing more dollars to make up for shortfalls in spending programs? Meanwhile, Fannie Mae is in the midst of a massive management crisis. According to DICK BOVE, chief financial strategist at Odeon Capital Group, it is larger than anything he has ever seen in a profitable company in more than his five decades of analyzing businesses. "The CEO and the Chairperson of the Board are bailing out," says BOVE. "This is more typical of what happens in a socialistic organization run by politically motivated leaders than a truly capitalistic company -- which this organization decidedly is not." With lively arguments and contributions by BOVE, Odeon co-founder VAN ALSTYNE, and journalist JOHN AIDAN BYRNE, this episode will present a picture of the financial and structural choices now facing Fannie, the government sponsored housing behemoth. DICK BOVE points out that Fannie: • Is effectively 79.9% owned by the U.S. government. • Its operations are totally controlled by the government. • Quarterly, it provides more than 100% of its profit to the government. "I have repeatedly compared this organization to George Orwell's well-known book 1984," says Bove. • Its accounting policies are, in my personal view, as close to pure fraud as any I have ever seen. • Its policy of Newspeak whereby management refuses to discuss any aspect of the business with investors or the public must make China's Xi Jinping envious.
This episode reports on a data theft from the International Red Cross, a US Labor Department scam and the discovery of a new firmware bootkit
One gotta go sodas. Coke vs Sprite vs Mountain Dew vs Dr.Pepper. Antonio Brown Walked off the field in the middle of an NFL game. The US Labor Department is suing a small business owner for dumping 91,500 pennies covered in oil on ex-employees driveway. Youtube Creator SSSniperWolf is under fire for ignoring a terminally ill fan. "No Jumper" host Adam22 says Youtuber SSSniperWolf is trash for not showing love to a terminally ill girl. "90 Day Fiancé" Star Stephanie Matto made 200000 Dollars selling her farts to fans online. The Hypothetical Moment!!! --- Support this podcast: https://anchor.fm/theuneducatedduopodcast/support
Mark Lawrence and Joe McGranaghan host Robert Garrett, President and CEO Greater Susquehanna Valley Chamber of Commerce, and Art Thomas, Chairman GSVCC, President Meck-Tech and Diversified Construction Inc., with their reaction to the latest US and PA jobless numbers, and the Chamber's latest activities, events and meetings. Bob Garrett discussed his fight with COVID and implored everyone to vaccinate and mask up! They arranged for a call in from Dr. Stanley Martin, Director of Infectious Diseases at Geisinger, to discuss the Omicron variant, the pandemic’s impact on business, and his sound advice on slowing the current local surge. During open
October 18, 2021 ~ Senior News Analyst Lloyd Jackson reports on the US Labor Department warning the state of Michigan about their lax UIA criteria a year before the requested repayment from recipients.
After over a year of much of the workforce operating remotely, we are entering a period of time that many experts are calling “The Great Resignation.” According to The US Labor Department, nearly four million people have quit their jobs... some with back-up plans and others without. For many workers, the future is still uncertain: some companies have opted for permanent hybrid models while others continue to push back the return-to-office date month after month. Regardless of their profession, more and more workers are taking stock: Is it possible to finally kick burnout to the curb? Is a work-life balance actually achievable, or just aspirational? As the pandemic continues to shake things up at a rapid clip, it is time to re-evaluate how and why we work.HOST: Kate Spies, SVP+General Manager at Well+GoodGUESTS:Dr. Krystal Conner, Life and Career CoachMegan Hellerer, Career Coach for Underfulfulled Overachievers Jazmine Reed-Clarke, Career and Wellness CoachWHAT WE TALKED ABOUT:Dr. Krystal Conner pulls the curtain back on balance and reveals how we can kick burnout to the curb once and for all. Find her here.Megan Hellerer breaks down how we can take a more targeted approach to our careers and shift from blind ambition to aligned ambition. Find her here.Jazmine Reed-Clarke shares her predictions for how she thinks the pandemic will impact the workforce come fall. Check her out here.ABOUT THIS PODCASTAt Well+Good HQ, we spend our days talking to and learning from the most interesting people in wellness—experts, thought-leaders and celebrities. On The Well+Good Podcast we're inviting you to join the conversation. With each episode, our hosts will dig into our most clicked on topics in order to reimagine what it means for you to live well. Tune in weekly to find the wellness that fits your frequency.You can also find us on our website on YouTube or social in between shows.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Hosts Mark Lawrence and Ben Reichley host Financial Friday, with guests Robert Garrett, President and CEO, Greater Susquehanna Valley Chamber of Commerce, and Art Thomas, Chairman GSVCC, President Meck-Tech and Diversified Construction Inc., with reaction to the latest US and PA jobless numbers and updates on the local labor market. We examined the many impacts and reasons for the critical worker shortage. We discussed the Unemployment Compensation issue, retirements, labor participation rates, jobless numbers, school/COVID issues, work from home opportunities, and other related reasons.
Tom's next guest is the internationally acclaimed violinist, Jennifer Koh. Before the pandemic took hold, she was concertizing around the globe, in demand as one of the most brilliant artists of her generation. But when the pandemic began, bookings vanished. A New York Times profile published the day after Christmas referred to the “Cultural Depression” that Jennifer and legions of other performers were experiencing, as unemployment among performing artists outpaced the rest of the workforce, including restaurant and hospitality workers. Most theaters and concert venues throughout the US remain closed, and while the US Labor Department reported that non-farm payrolls increased by 916,000 workers last month, freelance artists continue to be left out of the ever-so gradual economic recovery, even as vaccinations against COVID 19 become more commonplace. Jennifer Koh has maintained an on-line presence throughout the pandemic. This Sunday, April 11th at 5:30pm, she’ll be playing a live on-line recital that will be streamed by the Shriver Hall Concert Series. Ticket holders to the digital concert will have access to the performance for a week. Click here for more information. Jennifer Koh joins us today from New York, on Zoom… See omnystudio.com/listener for privacy information.
Today on The Leaders' Brief - In a much needed positive development for the US economy, nonfarm payrolls surged by 379,000 jobs in February after rising 166,000 in January. However, it will be a while before the USA can make a full recovery of its job sectors after the COVID-induced devastation. According to the US Labor Department at least 4.1 million Americans have been out of work for more than six months, accounting for 41.5% of the unemployed population in February. In a move that would further decrease Hong Kong's democratic functioning, China has introduced a law to allow the communist government veto powers over selecting Hong Kong's lawmakers. The move has invited international criticism and the EU has asked Beijing to carefully consider the political and economic implications of any decision to reform the electoral system of Hong Kong that would undermine fundamental freedoms, political pluralism, and democratic principles. A temporary US ban on exports of critical raw materials through the recent invocation of the US Defence Production Act to preserve vaccine raw materials for its own companies could limit vaccine manufacturing by other companies, according to Serum Institute of India's chief executive Adar Poonawalla. As Mr. Poonawalla state there remain lots of "bags, filters and critical items" that manufacturers need from the US, restricting which could severely impact equitable distribution of vaccines. About egomonk: Website | Facebook | Twitter | LinkedInegomonk is a global intelligence platform delivering asymmetric outcomes by bringing organizations closer to the communities they want to serve and the leaders they wish to influence. If you wish to collaborate with us then email us at contact@egomonk.com.
Margaret Flowers, pediatrician, health reform activist and co-director at Popular Resistance, joins us to discuss Thursday's day-long meeting of the US Food and Drug Administration's (FDA) Independent Vaccines and Related Biological Products Advisory Committee, at which officials examined whether Pfizer's COVID-19 vaccine should be approved for public use in the US.Jack Rasmus, professor of economics and politics at St. Mary's College of California, returns to talk about the US Labor Department numbers that came out Thursday showing that jobless claims jumped to 853,000 last week, up more than 100,000 from the preceding week as COVID-19 continues to hamper the economy.Chris Garaffa, web developer and Technologist, joins us to discuss the US Federal Trade Commission and more than 40 states suing Facebook in an antitrust case, saying the company had bought out its competition to corner the market. According to the New York Times, the plaintiffs "called for the deals to be unwound, escalating regulators' battle against the biggest tech companies in a way that could remake the social media industry." Federal and state regulators "said in separate lawsuits that Facebook's purchases, especially Instagram for $1 billion in 2012 and WhatsApp for $19 billion two years later, eliminated competition that could have one day challenged the company's dominance." This comes as YouTube has moved to ban videos that claim fraud influenced the 2020 US presidential election.Dave Lindorff, investigative reporter and founder of This Can't Be Happening!, joins us to discuss the federal investigation into US President-elect Joe Biden's son Hunter, who said Wednesday that he had been contacted about an investigation into his taxes by the US Attorney's Office in Delaware. A Wednesday article in Politico says that a person with "firsthand knowledge of the investigation" claims that the probe has been "more extensive" than Hunter's statement indicates. "The person said that, as of early last year, investigators in Delaware and Washington were also probing potential money laundering and Hunter Biden's foreign ties," the outlet noted. A recent report by the Associated Press also found a number of sexual misconduct allegations against senior FBI officials in the last five years, with those individuals being allowed to transfer or resign with full benefits and no criminal charges against them.Alfred de Zayas, professor of international law at the Geneva School of Diplomacy, former secretary of the UN Human Rights Committee and Former UN independent expert on international order, joins us to discuss the International Criminal Court's (ICC) decision to drop a probe into actions by British forces in Iraq, despite evidence of war crimes. According to a Wednesday article in Common Dreams, the decision was blasted by the European Center for Constitutional and Human Rights (ECCHR) General Secretary Wolfgang Kaleck, who said it "reinforces longstanding double standards in international justice and shows once again that powerful actors can get away with systematic torture." Kaleck also noted that the decision "is a severe blow to Iraqi torture survivors." Nick Davies, peace activist and author of "Blood on Our Hands, the American Invasion of Iraq," joins Dr. Wilmer Leon to discuss a MintPress News story entitled "John Kerry's Think Tank Calls for War With Russia Over Climate Change." Kerry, who was recently appointed as the Biden team's special presidential envoy for climate and who is a founding member of the American Security Project think tank, was quoted as saying, "America will soon have a government that treats the climate crisis as the urgent national security threat it is." The organization was quoted in the article as saying, "NATO faces a severe military challenge in the European Arctic area of operation. ... The US military should actively participate in Arctic joint exercises, and publicize US military deployments to the region, with particular focus on the Russian border – perhaps by returning the US Marine deployment to Norway."Marjorie Cohn, professor of law at the Thomas Jefferson School of Law in San Diego, California and a former president of the National Lawyers Guild, joins us to discuss a Consortium News article which said, "The United Nations' top official on torture Tuesday called on British authorities to release or place under house arrest WikiLeaks founder Julian Assange" during his US extradition trail proceedings. Nils Meizer, UN special rapporteur on torture, cited a report saying that "some 65 of the 165 inmates at Belmarsh, including numerous prisoners in the wing where Assange is jailed, have tested positive for coronavirus." He called Assange's imprisonment "arbitrary deprivation of liberty" that has "severely violated" the journalist's human rights.Laith Marouf, broadcaster and journalist based in Beirut, Lebanon, joins us to discuss Iranian President Hassan Rouhani's remarks that Iran will return to its commitments under the Joint Comprehensive Plan of Action nuclear deal if other countries do the same. According to Al Jazeera, "Following the assassination of nuclear scientist Mohsen Fakhrizadeh outside Tehran last month, the Iranian parliament, dominated by conservatives and hardliners, quickly passed a bill that aims to increase uranium enrichment and expel inspectors of the International Atomic Energy Agency. The Rouhani administration has explicitly said it opposes the legislation and was not consulted in its drafting."
Alexander Mercouris, editor-in-chief of The Duran, joins us to discuss US officials accusing Iran of targeting American voters with phony but threatening mails. According to an article in CNSNews, the emails demanded that the recipients vote for US President Donald Trump, "or we will come after you." Our host confers with our esteemed guest to determine if the Russiagate narrative is being used to create an atmosphere of xenophobia, paranoia and confusion. Mercouris joins us again and raises the question of Hunter Biden's hard drive issues as he continues to stay in the news. The Washington Examiner reported on Wednesday, "Allegations that Hunter Biden stored photos of child pornography on his laptop computer have been forwarded to the FBI for investigation." Also, Fox News host Tucker Carlson argued Tuesday that America's most powerful people don't want the public talking about Hunter, the son of Democratic presidential nominee Joe Biden. Danny Haiphong, author and contributor to The Black Agenda Report, talks about statements from Luis Arce, the newly elected president of Bolivia, who "says he will restore ties with friend countries" such as Russia, China, Cuba, Venezuela, and Iran, according to a Tuesday Mehr News Agency article. The outlet quoted Arce as saying, "We are going to reestablish all relations. This government has acted very ideologically, depriving the Bolivian people of access to Cuban medicine, Russian medicine, and advances in China. For a purely ideological issue, it has exposed the population in a way unnecessary and harmful.” Dan Lazare, investigative journalist and author of "America's Undeclared War," joins us to discuss the fact that the US seems to be sanctioning both allies and adversaries alike. A Monday article in the Washington Examiner said, "Despite an overwhelming rejection two months ago by the UN Security Council of the American proposal to 'snapback' all sanctions on Iran, Secretary of State Mike Pompeo insists that ... the embargo is back on." In a statement, Pompeo "threatened retaliation for anyone who defies the US," the outlet noted.Dr. Linwood Tauheed, associate professor of economics at the University of Missouri-Kansas City, takes on the subject of unemployment, as the "number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses are still running at historically high levels," the Associated Press reported Thursday. That figure from the US Labor Department was down from 842,000 the week prior.James Carey, editor and co-owner of Geopolitics Alert, discusses a recent story carried by his outlet and penned by Ben Norton at The Grayzone, which states, "Leaked documents show how UK government contractors developed an advanced infrastructure of propaganda to stimulate support in the West for Syria's political and armed opposition." According to the story, "the leaked files reveal how Western intelligence cutouts played the media like a fiddle, carefully crafting English and Arabic-language media coverage of the war on Syria to churn out a constant stream of pro-opposition coverage."Scott Ritter, former UN weapons inspector in Iraq, joins us to discuss US Defense Secretary Mark Esper's visit to the notorious Atlantic Council think tank, an organization that is "funded by a who's who of weapons makers and despotic regimes," MintPress News reported Wednesday. Ritter discusses the think tank's funding and influence on US foreign policy. Laith Marouf, broadcaster and journalist based in Beirut, Lebanon, examines how the country of Libya has been far worse for the intervention of NATO in 2011, and he forecasts the consequences of a direct European Union intervention in the near future. He also updates us on the dynamics behind Saad Hariri returning as prime minister of Lebanon a year after stepping down.
Episode #471 of the SMRpodcast is online and ready for download. We've got a full crew this week and we cover a lot, including explaining that you can think that Lebron James is not the GOAT and not a scrub at the same time, the US Labor Department being concerned that Microsoft may be planning...
US weekly jobless claims rise slightly to 870,000 Another 870-thousand Americans filed for unemployment benefits last week, marking a slight increase from the previous reading. The US Labor Department's latest figures represent the fourth consecutive week that new jobless claims have come in below the 1-million mark. But the pace of the labour market's recovery has slowed, as coronavirus cases surge in parts of the US. TikTok asks US judge to block Trump's download ban TikTok has asked a US federal judge to block a Trump administration order that would remove the video-sharing app from US app stores. The company says the order exceeds the Commerce Department and the president's powers under US law. Meanwhile, TikTok's Chinese owner, ByteDance, has applied for a tech export license in China, after it reached a deal with Oracle and Walmart for a stake in the app. Westpac to pay $920M over money-laundering scandal Australia's Westpac has agreed to pay a record 920-million- dollar fine for systematically allowing money laundering to occur occur through the bank. The country's oldest lender has also admitted it violated anti-money laundering and counter- terrorism laws on more than 23-million occasions. The scandal has already led to the ouster of the bank's chief executive and chairman.
How does the US Labor Department calculate unemployment numbers, and who does it benefit?Steve Grumbine, founder and CEO of Real Progressives and Real Progress in Action and host of the podcast Macro n Cheese, explains how the Labor Department has changed up the way it calculates unemployment, introducing a seasonal adjustment mechanism. Dandara Araujo, member of the State Board of the Landless Workers Movement (MST) in the Brazilian state of Minas Gerais, talks about a letter calling for support and attention to a series of evictions of farming families from the MST Quilombo Campo Grande that began on August 12. The eviction process has seen incredible violence and aggression by police. What's going on here?Eugene Puryear, host at Breakthrough News and author of "Shackled and Chained: Mass Incarceration in Capitalist America," talks about the Trump administration’s efforts to penalize cities that do things it doesn’t like, including reining in their police forces. We'll also get into a report of a counter-terrorism paramilitary unit in Kenya that the US and the UK have been funding and training; courts ruling the National Security Agency's phone snooping illegal; and protests in Washington, DC.Marcus McAllister, international trainer, implementation specialist and Cure Violence Global program coordinator, discusses the number of homicides in Chicago, Illinois; Washington, DC; and other large cities. We'll also explain what community organizations are doing to help decrease the numbers and uplift their communities.
Steve Grumbine, founder and CEO of Real Progressives and Real Progress in Action and host of the podcast Macro n Cheese, explains how the US Labor Department has changed up the way it calculates unemployment, introducing a seasonal adjustment mechanism.
The Trump administration is upping the ante in its confrontation with China in the waterways of the South China Sea."Since late January, American B-1B and B-52 bombers, usually operating in pairs, have flown about 20 missions over key waterways, including the South China Sea, the East China Sea and the Sea of Japan," Reuters reported Tuesday. What is the endgame here?On Monday, US President Donald Trump defended Kyle Rittenhouse, the suspect in the shootings last week in Kenosha, Wisconsin, as having acted in self-defense. The president said, "We're looking at all of it. That was an interesting situation. You saw the same tape as I saw," adding that it appeared Rittenhouse was "very violently attacked" by demonstrators. There seem to be a number of problems with this statement. How should we interpret this?Stella Moris, WikiLeaks co-founder Julian Assange's partner, "says he is in 'a lot of pain' and 'a lot thinner' after she visited him in Belmarsh prison with their two children for the first time in six months," the Daily Mail reported on August 25. What's going on in his world?There's a health crisis and civil unrest in the US, and 57.3 million workers have filed for unemployment over the past five months, according to US Labor Department numbers. Meanwhile, Congress sits out, failing to provide more relief while the country faces its largest-ever eviction crisis, activists say. What are we to make of this?"Israeli Prime Minister Benjamin Netanyahu said on Sunday that Israel has held secret talks with several Arab countries to normalize their relations, a day before Israel's first commercial flight to the United Arab Emirates (UAE)," Xinhua News Agency reported Monday. "'There are many more unpublicized meetings with Arab and Muslim leaders,' Netanyahu said during joint remarks in Jerusalem alongside US President Donald Trump's senior advisor Jared Kushner and national security advisor Robert O'Brien." What's the long-term objective of these meetings and agreements?Our next guest Marshall Auerback co-authored a Monday piece in CounterPunch entitled "The Rotten Alliance of Liberals and Neocons Will Likely Shape US Foreign Policy for Years to Come." What does this mean for the US and the world going forward?A Monday op-ed in Politico was entitled "Take It From Eastern Europe: Now Is Not the Time to Go Soft on Russia," with the subheadline saying, "Vladimir Putin continues to undermine liberal democracy in Europe and beyond. America should not turn its back on that threat."Our last story will be a discussion of the Tuesday Antiwar.com article "America's Expeditionary Kleptocracy: A Banana Republic and Its Banana Wars." We are joined by its author, retired US Army Major Danny Sjursen. GuestsKJ Noh - Peace activist, writer and teacherMargaret Kimberley - Editor and senior columnist at Black Agenda Report and author of "Prejudential: Black America and the Presidents"Karen Kwiatkowski - Retired US Air Force lieutenant colonel, anti-war activist and farmerDanny Haiphong - Author and contributor to Black Agenda ReportCharles Simmons - Attorney, international fellow at Columbia University, professor emeritus of journalism at Eastern Michigan University and co-director of the Hush House Museum & Cultural Center in Detroit, MichiganMarshall Auerback - Market analyst and research associate at the Levy Economics Institute at Bard College Mark Sleboda, Moscow - based International Relations and Security AnalystDanny Sjursen - Retired US Army major and author of "Patriotic Dissent: America in the Age of Endless War"
The U.S. Department of Labor received thousands of comments on a newly proposed rule that says sustainable investments still need to put financial performance first to have a place in corporate retirement plans. Some say the proposal would put needed guardrails in place around an increasingly popular investment product, but others argue that the rule will hamper ESG options in pension funds. We talk to sustainability experts on both sides of the debate in the latest episode ESG Insider, an S&P Global podcast about environmental, social and governance issues. The Labor Department in June proposed requiring company-sponsored retirement accounts such as 401(k)s and pension plans that are subject to the Employee Retirement Income Security Act, or ERISA, to give a higher priority to funds with the greatest financial performance potential than to those focused on non-financial environmental and social considerations. The vast majority of comments the DOL received in July were in opposition to the proposal, according to an analysis by a number of organizations including the US SIF: The Forum for Sustainable and Responsible Investment. Christian McCormick, director and senior product and sustainability specialist at asset manager Allianz Global Investors U.S. LLC, notes that sustainable funds have grown exponentially. Morningstar Inc. reported that the money invested in sustainable funds increased nearly fourfold in 2019 from the prior calendar year to a total of $21.4 billion. In comparison, the World Business Council for Sustainable Development, or WBCSD, has indicated that in 2019 only 4.8% of Fortune 1000 companies offered a socially-responsible fund option for employee retirement plans. Given the rising popularity of ESG funds, McCormick suggests that the Labor Department may be trying to act early before the trend spreads and takes hold in retirement plans. If the agency were to wait until more companies offered ESG fund options, it would face much more push-back "because it would require a lot of cost to then change investment lineups [and] require a lot of regulatory and perhaps even litigation costs for plans that have already added it," McCormick says in the interview. But William Sisson, executive director of the CEO-led WBCSD, contends that the new rule would make companies even less likely to offer ESG fund options. "This ruling is going to perhaps put some brakes on that because it's going to raise ... some flags to the fiduciaries in our companies about concerns over the litigation risk and other factors that they'll have to pay attention to if this ruling goes forward," he tells ESG Insider.
Welcome to Majority.FM's AM QUICKIE! Brought to you by justcoffee.coop TODAY'S HEADLINES: Bad news for the global ecosystem that keeps us all alive: the Greenland ice sheet is melting faster than ever. Record tons of fresh meltwater are diluting the seas. Meanwhile, Joe Biden accepted the Democratic Party nomination to the presidency last night. His campaign tried to set expectations that he would reassure more than inspire. And lastly, Steve Bannon, the strategist behind Donald Trump’s 2016 campaign, was arrested yesterday on fraud charges. Could Don Junior be next? THESE ARE THE STORIES YOU NEED TO KNOW: Record melting in Greenland A study published yesterday says the Greenland ice sheet lost a record amount of mass last year, all due to climate change. The ice melted at an astonishing rate of a million tons per minute, for a total of five-hundred and thirty-two billion tons. Greenland’s fast-melting ice sheet is reportedly the largest single contributor to sea level rise. The study was published in the journal Nature Communications: Earth and Environment. Researchers based their estimates on data from advanced satellites belonging to NASA. Because the meltwater is freshwater, it dilutes the surrounding seawater, which has an additional effect on global weather patterns. For example, there are two simultaneous tropical cyclones forecast to hit the Gulf of Mexico next week. The record ice loss amounts to more than one-hundred and forty trillion gallons of water. It’s more than double the average annual ice loss recorded by the NASA satellites since 2003. And it added more than half an inch to global sea levels – a shocking amount for the seas to rise in a single year. Before global warming began to spiral out of control, there were some years in the last century when the Greenland sheet actually gained ice. No more. The preceding two years before the study period were unusually cold in Greenland, but even then, the sheet still lost ice. Researchers told the Guardian that cold years no longer compensate for hot ones in terms of ice loss, as was the pattern in the past. Among other things, the research means the ice sheet has grown unstable. And without a major drop in carbon emissions, coastal cities will be in greater danger than ever. Biden accepts Democratic nomination The fourth and final night of the virtual Democratic National Convention concluded with the nomination of Joe Biden to the party’s presidential ticket. Prior to the night’s speeches, Vermont Senator and former candidate Bernie Sanders told PBS Newshour that he believed Biden understood what needed to be done in regards to climate change, public health, the economic crisis and mass evictions. Sanders said QUOTE He’s going to face an American people who are hurting today. He’s going to face young people [who] want action ENDQUOTE. Later, in a taped endorsement, Sanders said Biden would keep his word and listen to others’ views. Former candidates Pete Buttigieg and Mike Bloomberg also spoke last night. As it has for much of the week, the prepared programming focused on Biden’s family story. Videos filled with testimonials cast him as a familiar and reassuring figure – as well as a hard worker, in contrast to Donald Trump. Biden’s daughter Ashley and embattled son Hunter vouched for their dad in a prerecorded video, before Biden the elder took his turn on stage at Chase Center in Delaware. Biden said Trump has QUOTE cloaked America in darkness for too long ENDQUOTE. He said his first step as president would be to get the coronavirus under control, in part, with a national mandate to wear a mask. Biden called attention to the recent third anniversary of the Charlottesville, Virginia neo-Nazi rally, and said QUOTE at that moment I knew I had to run... Silence was complicity... In this dark moment, I believe we’re poised to make great progress again, that we can find the light once more ENDQUOTE. Bannon arrested over fraud Donald Trump’s former adviser Steve Bannon was arrested yesterday by US Postal Inspectors aboard a one-hundred and fifty million-dollar yacht off the coast of Connecticut. The charges? Mail fraud. The US Coast Guard assisted USPS officers with Bannon’s arrest at sea, where he has been for several weeks. During his arraignment in New York, Bannon pleaded not guilty. His bail was reportedly set at one point seven-five million dollars in cash or property, and his bond conditions ban him from travel on private airplanes or boats. Per the New York Times The yacht Bannon had been living on belonged to an exiled Chinese businessman. According to a federal indictment, Bannon conspired with three other men, also charged, to defraud donors of a GoFundMe campaign called We Build The Wall. The money was supposed to be used to build a section of Trump’s promised wall on the Mexico border. Instead, Bannon used the money for at least one million dollars worth of personal expenses. Those included, in addition to a Range Rover, a small pleasure boat named Warfighter. Bannon, who formerly ran Breitbart News, is the third person who led Trump’s 2016 campaign to face criminal charges. Trump’s son Don Junior promoted Bannon’s fraudulent GoFundMe campaign, calling it, as the Times reported, QUOTE private enterprise at its finest ENDQUOTE. Hear hear! The Trump Organization attempted to distance Don Junior from Bannon’s scheme in a statement yesterday. Trump himself, asked about Bannon’s arrest, at first said he knew nothing of Bannon’s fundraising effort. Then he said he didn’t like the project, calling it inappropriate. Apparently Trump didn’t know about Bannon’s arrest ahead of time. Sad. AND NOW FOR SOME QUICKER QUICKIES: A study published yesterday in the Journal of Pediatrics suggests children play a larger role in spreading the coronavirus than was previously understood. Researchers found that some children have high levels of the virus in their airways during the early days of infection, though they may show no symptoms. One of the authors, Alessio Fasano, told the Washington Post that children may be as susceptible as adults to the coronavirus, but not as visibly so. Another reason not to rush back to in-person classes this fall! Another one point one million workers filed for unemployement last week, according to the latest numbers from the US Labor Department. On top of that, more than half a million freelancers and part-time workers filed for Pandemic Unemployment Assistance. Last week’s new unemployment numbers were slightly better, but this week shows that ain’t so. How arepeople supposed to survive during a pandemic with a few hundred dollars in state benefits and little hope for finding work? As Steve Bannon proved, GoFundMe is no solution. A federal judge yesterday threw out a lawsuit from Donald Trump that sought to deny a subpoena for his tax records. The decision by US District Judge Victor Marrero follows a Supreme Court ruling last month that found Trump is not immune from criminal investigation during his tenure as president. It’s now more likely than ever that Trump will actually be forced to deliver some eight years of tax records to Manhattan District Attorney Cy Vance Junior, who is investigating Trump’s hush money payments as well as possible bank fraud. At least two people have died so far in California’s all-out firefighting effort. Fires in the northern and central parts of the state continued to spread, merge, and grow yesterday, consuming three-hundred and fifty thousand acres at last count. Homes on the edge of San Jose were evacuated. People in areas where the air is full of smoke and ash are advised to stay indoors – and definitely don’t go outside to exercise. Firefighters say they are having better luck when the winds die down at night. Hang tight out there, folks. That’s all for the AM Quickie. Join us this afternoon on the Majority Report. Nomiki Konst is guest hosting and her first guest is Noam Chomsky! Check it out. Aug 21, 2020 - AM Quickie HOSTS - Sam Seder & Lucie Steiner WRITER - Corey Pein PRODUCER - Dorsey Shaw EXECUTIVE PRODUCER - Brendan Finn
It?s Friday and that means it?s time for the week in review and preview. Today's discussion: the latest key jobs data from the US Labor Department, the ongoing dynamics between the US and China, updates on a potential Phase 4 stimulus bill and a preview of what?s coming up next week. Guest: Brian Rose, Senior Economist for the UBS Chief Investment Office. Host: Griffin Marie.
Rookies in the Real World | Advice on Adulting, New York City, and Career Growth
BLACK LIVES MATTER RESOURCES:Petitions to sign:Text FLOYD to 55-156Text JUSTICE to 668366Text ENOUGH to 55156Podcasts Invisibilia: The Confirmation by NPR: HEREThe Nod HERE Therapy For Black Girls - HEREBooksWhite Fragility by Robin DiAngelo - HEREThe New Jim Crow: Mass Incarceration in the Age of Colorblindness by Michelle Alexander - HEREThe Color of Law: A Forgotten History of How Our Government Segregated America by Richard Rothstein - HEREArticles The Atlantic: Who Gets to Be Afraid in America? HERE What White People Can Do To Fight Injustice In A Pandemic; Quarantining Is No Excuse Not To Be An Ally HEREDear White Parents of My Black Child's Friends: I Need Your Help HEREDocumentaries The Death & Life of Marsha P Johnson - HEREToni Morrison: The Pieces I Am - HEREWhat Happened To Miss Simone - HEREAmerica To Me - HEREI Am Not Your Negro - HERE--If it wasn't us, we all know someone who has lost a job or has been affected by COVID-19. With the current unemployment rate at upwards of 15% according to the US Labor Department—regardless of whether or not you are fortunate enough to still have a job—it's important to be educated about what it's like losing your job, how to cope with it, and how to move forward. From mental health and seeking support to knowing the laws and filing for unemployment, today's episode is all about lessons learned from losing your job.Please share today's episode with someone you think would appreciate this resource!--Connect with Dana:Instagram: @slightlythriving | Website + Resources: https://slightlythriving.com/ BOOKS MENTIONED:Buy Yourself the F*cking Lilies by Tara SchusterAtomic Habits by James ClearThe Upside of Being Down by Jen Gotch--DISCLAIMER: Rookies in the Real World and related podcasts are provided for general information purposes only and do not constitute accounting, legal, tax, or other professional advice. Visitors should not act upon the content or information found here without first seeking appropriate advice from a professional.
It's Friday, so that means it's panel time! The Minnesota Bureau of Criminal Apprehension arrested Derek Chauvin on Friday on third-degree murder and manslaughter charges. Chauvin is the now-former Minneapolis Police Department officer filmed with his knee on the neck of George Floyd on Monday. "Police responded to a convenience store in the area after someone called 911 claiming a person believed to be Floyd used a counterfeit bill and appeared drunk," 24/7 News Source reported Friday. "Floyd passed out and died a short time later." Chauvin and three other officers were fired this week for their involvement in Floyd's death. Hennepin County prosecutors said the others may be charged but did not provide specifics. More than 40 million Americans have filed claims for unemployment benefits since the onset of the COVID-19 pandemic, and about 30 million are receiving them, according to the US Labor Department. "For millions of Americans left out of work by the coronavirus pandemic, government assistance has been a lifeline preventing a plunge into poverty, hunger and financial ruin," the New York Times reported Thursday. "The $1,200 checks sent to most households are long gone, at least for those who needed them most, with little imminent prospect for a second round. The lending program that helped millions of small businesses keep workers on the payroll will wind down if Congress does not extend it.""Presumptive Democratic presidential nominee Joe Biden is facing growing pressure from activists and party leaders to pick a nonwhite running mate in the wake of explosive incidents involving race and police violence that have stoked widespread outrage," the Washington Post reported Friday. "Biden has pledged to select a woman, prompting leading Democrats to publicly and privately promote several high-profile women of color for the job."GUESTS:Caleb Maupin — Journalist and political analyst who focuses his coverage on US foreign policy.Dr. Colin Campbell — TV news reporter for more than 20 years. As a senior Washington, DC, correspondent since 2008, he has been a reporter-at-large covering two presidencies, Congress and the State Department.Jim Kavanagh — Political analyst and commentator and editor of The Polemicist.
More than 100,000 people have now died from Covid-19 in the US. In a tweet, President Donald Trump described the figure as a "very sad milestone". The White House's chief medical expert, Doctor Anthony Fauci, told PBS that the loss ranks among America's worst. The grim news continued yesterday with a new report from the US Labor Department that 40 million Americans have filed for unemployment benefits since March. That's the equivalent of one in four American workers. More than two million of those claims were made last week. US correspondent Simon Marks speaks to Corin Dann.
Markets have had a tumultuous day as hopes of a quick recovery fade and the US Labor Department reports nearly three million new jobless claims. These steep declines also come as the US Federal Reserve warns of a prolonged recession. Meanwhile, as digital currency sees a ray of hope during the Covid-19 pandemic, Telegram has halted its cryptocurrency project. It is officially abandoning its Telegram Open Network (TON) and “Gram” cryptocurrency after a lengthy legal battle with the United States. Plus, sector after sector has faced the wrath of the Covid-19 outbreak, and the media is no exception. While television ratings are up due to people staying home, revenue from advertisers is spiraling downward. And with movie studios paralyzed due to the pandemic, the film industry has had to bank on syndication rights rather than box office draw.
It's Friday: that means it's panel time!"The April unemployment rate surged to a record 14.7%, and payrolls dropped by a historic 20.5 million workers as the coronavirus pandemic hit the economy, wiping out a decade of job gains in a single month," the Wall Street Journal reported Friday, citing US Labor Department data. What are we to make of this?Two men are facing charges in the shooting death of an unarmed black man in Brunswick, Georgia. Gregory and Travis McMichael are charged with murder and aggravated assault charges for the death of Ahmaud Arbery back in February. Arbery was jogging down a street when the father and son confronted him with guns drawn. Video of the incident shows the confrontation unfold. Meanwhile, ABC 7 Chicago reported Wedesday, "An Illinois state representative who is black said he was stopped by a police officer while leaving a store and wearing a mask and gloves. In a series of tweets, Representative Kam Buckner (D-Chicago) said he was dressed casually, like most of the other shoppers on Sunday, when an officer asked to see his receipt and ID. Buckner complied. He asked why he was stopped and said the officer told him, 'People are using the coronavirus to do bad things. I couldn't see your face, man. You looked like you were up to something.'" What are we to make of these incidents?In the context of the operation's poor planning and utter failure, Alan MacLeod writes in MintPress News of the recently attempted coup in Venezuela: "In what has been labeled a new 'Keystone Kops Bay of Pigs,' the latest attempt to overthrow the government of Nicolas Maduro failed spectacularly, as both American and Venezuelan paramilitaries were immediately overwhelmed when they came into contact with the navy, or even with armed local fishermen's collectives." What are we to make of this?"Corporate media outlets spread fake news claiming North Korean leader Kim Jong Un had died. The lie originated with a Seoul-based website funded by the US government's regime-change arm the NED," The Grayzone reported on May 4. "Many of these fake news stories originate with Korean opposition groups that are funded to the hilt by the US government's National Endowment for Democracy (NED), a CIA cutout created by the Ronald Reagan administration to push regime change against foreign countries that don't sufficiently kowtow to Washington.""President Donald Trump made clear during both an interview and a press briefing Tuesday that he is willing to sacrifice lives for the sake of reopening US businesses amid the coronavirus pandemic, declaring that jumpstarting the American economy is worth the dire public health risks," Common Dreams reported Wednesday.We've got all these stories and more!GUESTS:Dr. Linwood Tauheed — Associate professor of economics at the University of Missouri-Kansas City. John Burris — Lead attorney and founder of the Law Office of John L. Burris. He is primarily known for his work in the area of civil rights, with an emphasis on police misconduct and excessive force cases. Caleb Maupin — Journalist and political analyst who focuses his coverage on US foreign policy.David Schultz — Professor of political science at Hamline University. Daniel Lazare — Journalist and author of three books: "The Frozen Republic," "The Velvet Coup" and "America's Undeclared War."
3.17M Americans filed for unemployment benefits last week Another 3-point-17 million Americans filed for unemployment benefits last week, taking the total number to 33 million over the past seven weeks. But the worst of the job losses from coronavirus lockdowns appears to be over, with the US Labor Department's latest figures marking the fifth consecutive week of declines. Several states in the US have begun or are planning to reopen their economies. O2, Virgin Media agree on $39B merger in UK The owners of mobile operator, O2, and cable company, Virgin Media, have agreed to combine their UK operations in a 38-billion dollar merger. The tie-up will create a new giant in the country's telecommunications industry to challenge BT and Sky. The combined company will have 46-million customers and 13-point-6 billion dollars in revenue. IAG, Air France-KLM report losses in Q1 due to pandemic British Airways owner, International Airlines Group, has reported a 1-point-8 billion dollar loss in the first quarter. That's after the group halted nearly 95-percent of its flights due to travel restrictions during the pandemic. Meanwhile, rival Air France-KLM has also posted an 880-million- dollar operating loss in the first three months of the year.
The agency says the record number of jobless filings is due to the coronavirus pandemic, no surprise there. Learn more about your ad choices. Visit megaphone.fm/adchoices
Kia ora and welcome to Friday's Economy Watch where we follow the economic events and trends that affect New Zealand. I'm Rebecca Caroe and this is the International edition from Interest.co.nz. This podcast is supported by Hatch. Exchange-Traded Funds are a relatively easy and inexpensive way to diversify a portfolio without having to have the expertise required to pick individual shares. The growth of the ETF industry is breathtaking. It took eight years for the US ETF industry to reach $1 trillion in assets under management, but going from $3 trillion to $4 trillion took only two years. ETFs allow investors to buy a basket of shares through a single purchase. ETFs can track an index like the Total Stock Market, a commodity like gold, specific geographical markets, or a sector like healthcare. Hatch offers more than 500 ETFs so that investors can find an ETF that aligns with their interests and investment strategy. Visit hatchinvest.nz to learn more. Today this podcast leads with news key international data is decidedly 'mixed' and that is being positive about it. Firstly, the US Labor Department has revised down the non-farm payroll jobs created in the US economy in 2018 and early 2019 by half a million. The jobs growth in the period was unremarkable compared with the previous period, according to the updated data and undermines the 'great economy' story. The US August PMI showed factories contracting for the first time in ten years, led by yet another fall in new orders. Their services sector also slowed sharply, and although still expanding that is only marginal now, down from the moderate growth in July. This data was backed up by the regional Kansas City Fed activity index where the decline deepened. But at Jackson Hole, a few regional Fed leaders are coming out against more FOMC rate cuts, directly pushing back at aggressive US Administration haranguing. Powell will give his views tonight. China’s currency has weakened to its lowest level against the US dollar since March 2008, falling for six consecutive days, as uncertainty over trade tensions with the US persists. In fact, it seems that Beijing is intervening to prevent it falling much faster. In Japan, the latest PMIs show a decided upturn in August, with factories contracting only marginally now, but a strong rebound in their services sector. In Indonesia, in a surprise move their central bank cut its benchmark seven-day reverse repo rate by twenty five basis points to five point five percent, the second rate cut in two months - after slashing it for the first time in nearly two years in July. In Europe, these same PMI readings show little change with contracting factories and expanding services. Overall there is a small expansion but they are bouncing around at a six year low. EU consumer confidence remains negative, but stable in August. The ECB is clearly worried about this overall funk. The minutes of their last meeting reveal they are looking at rate cuts and asset purchases in an effort to arrest their economic slowdown. [Advert] Do you have a fixed rate mortgage? As you will know, home loan interest rates have been going down recently. So it is a good question to ask: should you break and refix lower? We have a break-fee calculator that can help you answer that question. You can find it in our Calculator section at interest.co.nz/calculators/mortgage-break-fee-estimator In Australia, their August PMIs are raising eyebrows. Their factory one is broadly stable even if it is recording only a very slow expansion. But their services PMI has made a sudden turn down, and is in fact contracting. Australia may be the only economy where the factory PMI is more positive than their service sector PMI. And staying in Australia, regulator ASIC is proposing to ban the issue, sale and distribution of binary options and heavily restrict the sale of contracts-for-difference to retail clients. It calls them "highly speculative products" and have characteristics "akin to gambling". Last year these products lost "investors" about half a billion dollars. And the New South Wales state migration department “has noticed a significant increase in applications” from Hong Kong in recent months, it said in a letter to agents this week. The UST 10yr yield is up one basis point to one point six one percent. Gold is softer, down four dollars and now at 1,501 US dollars an ounce/oz. US oil prices are little-changed today, still just on 55.50 US dollars a barrel. The Brent benchmark is unchanged at 60 dollars. The Kiwi dollar is considerably weaker against the US dollar and now just below 63.7 US cents and a new 43 month low. That drops the devaluation since the beginning of July down to more than five percent. On the cross rates we are lower at 94.3 Australian cents. Against the euro we are also down at 57.5 euro cents. The Trade Weighted Index has now fallen to just on 69 and a ten month low. You can find links to the articles mentioned today on our website. Get more news affecting the economy in New Zealand from interest.co.nz and subscribe to receive this podcast in your favourite podcast app - we're on Apple Podcasts, Google Podcasts, Spotify or subscribe on our website. Tell your friends and leave us a review - we welcome feedback from listeners. Contact details are admin@interest.co.nz. I'm Rebecca Caroe. We'll do this again on Monday.
Welcome back to #QualityMatters! Where Quality counts everywhere from the oilfield to the education system. Our host of the show Darci Chambers will be digging into a series of recent safety violations against the USPS - United States Postal Service regarding OHSA heat stress and forklift (powered industrial trucks for you non safety geeks out there) accidents. The fact is most any industrial facility is going to face hazards related to Powered Industrial Trucks (AKA the Forklift) and or Heat Stress. Kyle's forklift safety video as promised is live on YouTube (click here) OSHA fines post office in Florida $129,336 for exposing mail carriers to August heat https://www.thenew93q.com/news/national/osha-fines-post-office-florida-129-336-for-exposing-mail-carriers-august-heat/Xi2d2UwttH83bSMWSS0i2L/ OSHA News Release - Region 9 U.S. Department of Labor Cites U.S. Postal Service After Heat-Related Worker Fatality in Southern California https://www.osha.gov/news/newsreleases/region9/01102019 OSHA News Release - Region 1 US Postal Service cited by US Labor Department's OSHA after heat-related death of Medford, Mass., mail carrier in July heat wave Cited for inadequate heat stress program and communication of heat hazards to carriers https://www.osha.gov/news/newsreleases/region1/12162013-0 OSHA fines USPS in Jacksonville $129,336 for exposing mail carriers to August heat AUSTIN, TX – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited the U.S. Postal Service (USPS) for safety hazards after receiving a complaint of unsafe working conditions at an Austin, Texas, facility. The company faces proposed penalties totaling $224,585. Continue reading → http://postalnews.com/blog/category/osha/ Make sure to hop on over to iTunes and Subscribe | Rate | Review!!! Those help us out so much and get you entered to win our #QualityMatters #CoffeeMatters Oil& Gas CoffeeMug, but you cannot win if you don’t review. Drop Darci a line on LinkedIn once you do! Learn more about #QualityMatters & Texas Quality Assurance LLC:LinkedIn | Facebook | Twitter | Instagram | YouTubewww.qmcast.com | Texas Quality Assurance |QMS Bootcamp
Welcome back to #QualityMatters! Where Quality counts everywhere from the oilfield to the education system. Our host of the show Darci Chambers will be digging into a series of recent safety violations against the USPS - United States Postal Service regarding OHSA heat stress and forklift (powered industrial trucks for you non safety geeks out there) accidents. The fact is most any industrial facility is going to face hazards related to Powered Industrial Trucks (AKA the Forklift) and or Heat Stress. Kyle's forklift safety video as promised is live on YouTube (click here) OSHA fines post office in Florida $129,336 for exposing mail carriers to August heat https://www.thenew93q.com/news/national/osha-fines-post-office-florida-129-336-for-exposing-mail-carriers-august-heat/Xi2d2UwttH83bSMWSS0i2L/ OSHA News Release - Region 9 U.S. Department of Labor Cites U.S. Postal Service After Heat-Related Worker Fatality in Southern California https://www.osha.gov/news/newsreleases/region9/01102019 OSHA News Release - Region 1 US Postal Service cited by US Labor Department's OSHA after heat-related death of Medford, Mass., mail carrier in July heat wave Cited for inadequate heat stress program and communication of heat hazards to carriers https://www.osha.gov/news/newsreleases/region1/12162013-0 OSHA fines USPS in Jacksonville $129,336 for exposing mail carriers to August heat AUSTIN, TX – The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited the U.S. Postal Service (USPS) for safety hazards after receiving a complaint of unsafe working conditions at an Austin, Texas, facility. The company faces proposed penalties totaling $224,585. Continue reading → http://postalnews.com/blog/category/osha/ Make sure to hop on over to iTunes and Subscribe | Rate | Review!!! Those help us out so much and get you entered to win our #QualityMatters #CoffeeMatters Oil& Gas CoffeeMug, but you cannot win if you don’t review. Drop Darci a line on LinkedIn once you do! Learn more about #QualityMatters & Texas Quality Assurance LLC:LinkedIn | Facebook | Twitter | Instagram | YouTubewww.qmcast.com | Texas Quality Assurance |QMS Bootcamp
https://techpolicypodcast.com/wp-content/uploads/2019/01/alicia_mazzara-500x500-e1548763637485.jpg Alicia Mazzara: Mapping How a Housing Vouchers Loophole Furthers Segregation (Ep. 171) Landlords across the U.S. are refusing to rent to prospective tenants with housing vouchers. As a result, demand for voucher-eligible housing units in low-income areas greatly exceeds supply. But in high income areas, the opposite is true. Bio Alicia Mazzara is a Research Analyst in the Housing Division at the Center on Budget and Policy Priorities. She works on issues related to federal low-income housing policy. Prior to joining the Center in 2015, Mazzara was a Policy Advisor in Third Way’s Economic Program where her research centered on income inequality, labor market dynamics, and workforce development. She has also spent time working in the federal government and as a Research Associate at the Pew Charitable Trusts. Mazzara has a Bachelor’s Degree in political science and international relations from Carleton College and a Master of Public Policy from George Washington University. Resources Center on Budget and Policy Priorities Interactive Map: Where Voucher Households Live in the 50 Largest Metropolitan Areas by Alicia Mazzara, Brian Knudsen, and Nick Kasprak (Center on Budget and Policy Priorities, 2019). Evicted: Poverty and Profit in the American City by Matthew Desmond News Roundup AOC and Pingree call out tech firms for sponsoring event featuring climate-change deniers Democratic Congresswomen Alexandria Ocasio-Cortez and Chellie Pingree called out Google, Facebook, and Microsoft last week for sponsoring an event put on by the CO2 Coalition, an organization that opposes policies that are designed to address climate change. Through company spokespeople, all three companies sought to distance themselves from the views expressed at the event by saying they support organizations across the political spectrum and highlighting their substantial investments to address climate change. After those companies released statements, Ocasio-Cortez and Pingree pushed back even further saying the climate-change crisis is too great for the companies to permit themselves to undermine their leadership by associating with propagandistic organizations like the CO2 Coalition. U.S. Charges Huawei The Department of Justice has indicted several affiliates, subsidiaries and executives of Chinese telecommunications firm Huawei. The company is accused of stealing intellectual property from T-Mobile and violating U.S. sanctions against Iran. U.S. officials say Huawei’s alleged theft of intellectual property from T-Mobile gave the Chinese government backdoor access to technology from a U.S.-based telecommunications company thereby endangering U.S. national security interests. The U.S. is also in the process of extraditing Huawei’s Chief Financial Officer Meng Wengzhou from Vancouver in order to face charges that she worked to circumvent U.S. trade sanctions against Iran. Big Tech Increased Lobbying in 2018 Google, Facebook and Amazon increased their lobbying spending in 2018 over the previous year during increased scrutiny from Congress regarding how the companies use personal data. Google’s lobbying expenditures jumped from $18 to 21 million. Amazon spent $14.2 million, up from $12.8 million in 2017. Facebook spent $13 million—a million-and—half more than the previous year. All three companies concentrated a fair share of that spending in the fourth quarter. Netflix joins MPAA Netflix has joined the Motion Picture Association of America which, since 1922, has been the trade association for the six major film studios. The announcement came the same day Netflix received its first-ever Best Picture nomination for ‘Roma’. Advocacy groups call on FTC to breakup Facebook Several advocacy groups, including the Electronic Frontier Foundation and Color of Change, are calling on the Federal Trade Commission to break up Facebook, according to a Wall Street Journal report on a draft letter it obtained. In addition to Facebook, Facebook also owns Instagram and WhatsApp. Many advocates and civil rights groups, including the NAACP, have taken aim at Facebook following the Cambridge Analytica debacle for how the company traffics in its users’ data. It’s not clear what authority the FTC would have to break up Facebook. However, the agency is assessing whether Facebook violated the terms of a consent decree the company signed back in 2011 when it allowed Cambridge Analytica to access the data of some 87 million Facebook users when Cambridge Analytica allegedly handled most of the analytics that went into the Trump 2016 presidential campaign. US Labor Department sues Oracle for discrimination The U.S. Labor Department filed a federal complaint against Oracle last week claiming the company owes some $400 million in lost wages to women and people of color. The Labor Department says only 11 of 500 people hired into technical jobs over a four-year period were African American or Hispanic and that 5,000 women and 11,000 Asian employees were also underpaid by as much as 20% compared to their white male counterparts. MIT report says Amazon’s facial recognition technology is biased A new MIT study says that Amazon’s facial recognition technology is biased against women and people of color. The study found that Amazon’s Rekognition classified a disproportionate number of women as men. Mignon Clyburn appointed to new Artificial Intelligence advisory group The Secretaries of Defense and Commerce and top Republicans and Democrats in Congress appointed former FCC Chairman and Commissioner Mignon Clyburn to serve on the newly-created National Security Commission on Artificial Intelligence, which will advise the U.S. government on national security and competition issues related to artificial intelligence. Former Alphabet CEO Eric Schmidt will Chair the Commission and Clyburn will serve with Oracle CEO Safra Catz and executives from Google and Microsoft among others. The Commission was created by the 2019 National Defense Authorization Act and has a $10 million budget through 2020.
In part two of my interview with Andrew Friedman, the author of Chefs, Drugs, and Rock & Roll, he and I take a really deep dive into the book. Here's Friedman talking about the origins of the American chef culture: "If you were an American kid [in the 1970s]...it was all but unheard of to come from a "good home" and turn to your parents one day and say, 'Hey, you know what, guys? I think I might want to be a cook'...The reaction of their parents was concern, fear, anger, horror, they thought their kids were throwing their lives away, they thought they were basically entering basically a blue-collar profession, very often having paid for college, or in many cases law school, or something like that." One prominent chef told him, "Cooking was not respected. It was the first thing you did after the Army, and the last thing you did before you went to prison." In fact, Friedman pointed out that in the 1950s the US Labor Department still designated chefs as "domestic" or service workers. Although the book names lots of famous names and it's full of revealing details about the many power struggles that went on between restaurateurs and chefs (chefs were supposed to be neither seen nor heard right up to the late '60s), there isn't much salacious gossip in the book. While sex in the walk-in is referred to as a commonplace occurrence, Friedman made a conscious effort not to overdo it with the details. "I didn't feel the need to be specific about who was having sex in the walk-in. Now if more people had offered that up, or answered my questions very directly, I would have put it in." He points out, "This book opens up with [seminal LA chef] Bruce Marder, who I never met in my life, telling me about dropping acid in this van in Morocco. I'm very grateful to Bruce. There's a lot of people who wouldn't have even told me that story." Though Friedman conducted hundreds of interviews with fancy-pants chefs for the book, he admitted to me that even he can't resist the siren call of some of the not-so-finer things in life: "I mean I eat all kinds of garbage. There are nights when presented with the choice between a Big Mac, fries, and one of those disgusting sundaes at McDonald's, I would pick that over anything else on planet Earth." For more revelations and trenchant observations about the chef culture in America, take a listen to this episode of Special Sauce. https://www.seriouseats.com/2018/03/special-sauce-cookbook-collaborator-andrew-friedman-on-why-chefs-are-like-snowflakes-2.html
A 2015 study conducted at the Oxford Martin Institute concluded that 47% of the 702 types of jobs identified by the US Labor Department are vulnerable to automation within the next 20 years. Sectors that carry out predictable jobs in a controlled environment are most at risk, although all contain certain tasks that could be automated. While some believe this will leave a devastating ethical dilemma in our hands, some argue that this may, in fact, be beneficial, allowing humans to spend time on complex, creative projects. I’ll be speaking to Jamie Ladge, Ernest Spicer, and Hessie Jones, who are here to help me discover if robots ARE taking too big a byte out of our workforce. Links: Hessie's Article - https://medium.com/@humansforai/humans-for-ai-b642ee160999 Ernest's original Facebook post - Any company that has a strong moral ground has been approaching this question for some time. The best positioned companies are focusing on giving their workforce advanced tools instead of occupying their position with robotic hardware. We are evolving to lessen brain dependency on many motor functions every single day, so in my opinion, the people who don't want to use their mind ultimately are detaching themselves from why they are needed at their job, human interaction, not digital. Music: Karma Chameleon
Find Your Dream Job: Insider Tips for Finding Work, Advancing your Career, and Loving Your Job
When you hear the phrase “technology sector” you probably think of multi-billion dollar companies like Google, Apple, or Facebook. But you don’t have to be in Silicon Valley to work in tech. There are opportunities across the globe, both in offices and in working at home. It is one of the fastest growing labor sectors, and the jobs pay above average salaries. And it’s not just for startup founders, engineers, or coders. The experiences, skills and values that serve you in one field--whether it’s marketing, sales, communications, HR or anything else--can be used in the diverse tech field. This week on Find Your Dream Job, Mac chats with Albert Qian a high-tech digital marketing and product marketing manager, and founder of the tech-centered job community, Albert’s List. Albert has helped professionals around the country find rewarding work in the technology space. In this episode, he shares tips on how you can make the jump into big tech. In this 34-minute episode you will learn: Backgrounds and skills that help people thrive in the technology sector How networking makes all the difference in landing a tech job How you can use your humanities degree to find a technology job The benefit of code training academies and what to look for in technology bootcamps This week’s guest: Albert Qian (@albertqian | LinkedIn)Founder, Albert’s ListAuthor, The Social Media EcosystemOrange County, Calif. Listener question of the week: I have an upcoming interview, and I’m curious how I should prepare my online profiles. What are employers looking for when they Google my name? Do you have a question you’d like us to answer on a future episode? Please send your questions to Cecilia Bianco, Mac’s List Community Manager at cecilia@macslist.org. Resources referenced on this week’s show: GlassDoor.com - Highest Paying Jobs In-Demand Hongkiat.com - To 10 Websites to Learn Coding (Interactively) Online Code Academy TreeHouse CodeTree Khan Academy Albert’s List Coursera U2Me Workbridge Associates Tech In Motion Events Land Your Dream Job in Portland (and Beyond) - 2016 Edition If you have a job-hunting or career development resource resource you’d like to share, please contact Ben Forstag, Mac’s List Managing Director at ben@macslist.org. -- Thank you for listening to Find Your Dream Job. If you like this show, please help us by rating and reviewing our podcast on iTunes. We appreciate your support!Opening and closing music for Find Your Dream Job provided by Freddy Trujillo, www.freddytrujillo.com. -- FULL TRANSCRIPT Mac Prichard: This is Find Your Dream Job, the podcast that helps you get hired, have the career you want, and make a difference in life. I'm Mac Prichard, your host, and publisher of Mac's List. Our show is brought to you by Mac's List and by our book, Land Your Dream Job in Portland and Beyond. To learn more about the book and the updated edition that we're publishing in February, visit macslist.org/eBook. Thanks for joining us today. When you hear the phrase "technology sector" you probably think about multi-million dollar companies like Google, Apple, or Amazon. You don't have to be in Silicon Valley or Seattle to work in tech. It's no wonder many people move to these places to work for technology companies, however. This sector grows faster than the rest of the economy and the jobs pay above average salaries, but there are opportunities across the globe, not just California or Washington state. It's a field not just for startup founders, engineers, or coders. This week on Find Your Dream Job, we're talking about tech jobs. Ben Forstag has an online site you can use to find the highest paying jobs in the sector. Cecilia Bianco has answers for what you need to do when any employer googles you. Finally, I'll talk to an engineer who helps people find tech jobs in Silicon Valley and elsewhere. First, though, let's start as we do every week by checking with the Mac's List team. Ben, Cecilia, how are you two doing? Ben Forstag: I'm doing great. Cecilia Bianco: Doing really good, Mac. Mac Prichard: Good. It's great to have you both here in the studio. Now, tech jobs. Before you all came here, did either one of you work in the technology sector? Cecilia Bianco: Yeah. I actually had an internship at a startup in college. It was called NOUO and it was a database for everything going on at the university restaurants, bars, and what to do on the weekend. It was an interesting experience. Ben Forstag: When I was in college, I was an intern at Compuware in Detroit. They are a software services company. I was in the marketing department so I wouldn't call it a tech job per se but it was where I first learned how to use HTML which has been a great skill for me. Mac Prichard: I have not worked in the tech sector. I had the good fortune, way back in the early 80s when IBM first introduced their PC's, to work at a non-profit that actually bought them. That was, in those days, bleeding edge technology. I learned all about floppy disks and Wordstar 3.0. Speaking of discovery, let's turn to Ben who's out there every week looking for resources that you, or listeners, can use. Ben, what have you learned for us this week related to technology? Ben Forstag: Mac, since today we're talking about technology I wanted to share two different blogs that I found, specifically blog posts, around technology. The first one comes from Glassdoor.com which is a resource we talked about last week. This comes from their blog which is around all kinds of workforce issues. This blog is the 25 highest paying jobs in demand. It's a list of the highest paying jobs that there's a huge demand for, as you would guess. The key takeaway of this job post is that almost half of the jobs listed were in the tech sector. I wrote out the top tech jobs. They are software architect, software development manager, solutions architect, analytics manager, IT manager, data scientist, security engineer, hardware engineer, database administrator, and software engineer. I don't know what most of the jobs do, I'll admit, but these are all jobs where the average salary is well over $100,000 a year. There's clearly a lot of money and opportunity in the tech sector. Thirty years ago our parents or grandparents might have been urging us to go and be doctors or lawyers because they thought that's where we were going to make a lot of money and take care of them in their old age. Nowadays, parents are probably urging their kids to go off to Silicon Valley and become software engineers and analytics managers because that's where all the money's at. Mac Prichard: That's an impressive list. I know we'll include that in the show notes, too. Ben Forstag: I'll include this specific URL to this blog post in the show notes. The key, I think, here is knowing the coding languages that are most in demand, if you want to get into the tech sector. I did a little bit of googling and what I found were the most in demand languages were SQL, Java, JavaScript, C#, C++, Python, Ruby on Rails, and iOS Swift. Cecilia, I saw you shaking your head when I read that list. Do you know any of these coding languages? Cecilia Bianco: (laughs) No, I don't. I did recently discovered that Mac's List runs on SQL. While I have no idea how to run it or anything about it, I know what it's called. Ben Forstag: You know we've got it. How about you, Mac? Mac Prichard: I'm doomed because I don't recognize any of these languages. I have some Spanish but I don't think that's going to cut it. Ben Forstag: Ten years ago, I thought I was really advanced because I know HTML. No, I don't know any of these either so I'm doomed as well. Here's the good news for all of us in this room and all of our listeners, you can learn almost all of these languages online, in your home, in your pajamas, and often for free, which brings me to my next blog resource for the week, which is a blog post on a website called hongkiat.com. That's H-O-N-G-K-I-A-T .com. (I don't know where these names come from!) The blog is the top 10 websites to learn coding, interactively, online. There are a lot of different websites out there where you can take courses, where you can learn just about any one of these languages, and other tech skills. Some of these websites you may have heard of before, Code Academy, Codetree, Treehouse, or Khan Academy. Khan Academy, I know, has been making the news a lot recently because they teach just about any subject you want to learn. The really cool thing about this is most of these sites offer at least some free training. You can scale up and pay for extras, but the baseline on most of them is free. The one reason I really like this hongkiat.com blog post is it gives a good summary of what each site teaches in terms of what languages you can learn, price point of what you can get for free and what you have to pay for, the teaching methodology, and the difficulty level for each online course. They have a matrix at the bottom of the blog post that displays all this information in a really easy and intuitive way. I would suggest you check out this blog post. It's, again, the top 10 websites to learn coding, interactively, online. I will have the URL in our show notes. Mac Prichard: Great. I know that our listeners will look forward to seeing that. Thanks, Ben. If you have a suggestion for Ben for a resource you think would be valuable to our listeners, write him. His email address is ben@macslist.org. Let's turn to you, our listeners. Cecilia, our community manager, is here to answer one of your questions. Cecilia, what are you hearing, this week, from our listeners? Cecilia Bianco: This week our question is, "I have an upcoming interview and I'm curious how I should prepare my online profiles. What are employers looking for when they google my name?" I think they're looking for a few different things, but the main reason an employer is googling you is to check your credibility. They want to see what pops up when your name is googled. Are you saying who you say you are? Do your online profiles align with what you've said about yourself thus far in your cover letter, resume, and any other correspondence you've had with them. Especially if you're applying for a tech job, this is important because you want to make sure what's popping up in a google search, that whatever comes up shows your credibility in your field. Are you a part of online tech groups? Online communities that are having conversations around the technology sector? Are you tech savvy and active online in social media, and with tech writing? Firstly, I think to prepare you should start by googling yourself and seeing what pops up. From there, you can focus on what you need to improve. Mac and Ben, I know I've googled my own name before, have you googled yours? Ben Forstag: I have. Unfortunately, or fortunately, I've got a last name that is not very common and it's probably the case that I know, or am immediately related to, any Forstag out there in the world. If you are a Forstag and you don't know who I am, please give me a call so we can chat. I have googled myself. I get the usual mish-mash of old posts that I've written for Mac's List, or other websites, my social media profiles, press releases I've written for other organizations. I would like to make one quick addendum to your suggestion, though. When you google yourself, I think it really helps if you're in blind mode or user mode on your browser because Google remembers a lot of your search history, and that doesn't show you what everyone else out in the world is looking for or finds when they type in your name. If you use, I think it's called "Guest Mode" in Chrome, or Blind Mode in other- Mac Prichard: I think it might be called Incognito. Ben Forstag: Incognito Mode in Chrome. That cleans the slate and shows you what everyone else in the world sees when they google your name. It's a good way to see what other folks see. Mac Prichard: I have googled myself and it is a good practice because you want to see what others will see about you. I made a deliberate effort some years ago to make sure I filled out online profiles for common sites like LinkedIn, Yelp, Facebook. Those are the ones that pop up. Cecilia Bianco: I saw a lot of the same stuff when I googled myself. Past work, past blog posts, and all my online profiles came up, which I think is a good thing. After you google yourself, you want to figure out where you can improve what's popping up on Google. The first and most important thing to focus on is LinkedIn because you can get the most value out of an employer looking at your LinkedIn profile and it's really common to want to see that. If your LinkedIn profile isn't popping up, what you want to do is change the URL on your LinkedIn profile to include your full name. That way, it'll make you a little bit more searchable. That's pretty easy to do. You just hit edit profile and you'll see it pop up so you can make a change to that long URL.LinkedIn is very important to make sure that's popping up. It's good to have your profile setup and ready to go for an employer to see before you even apply for the job, because they might google you right when they see your resume. You want to be prepared for that. Once LinkedIn's taken care of, you want to see what other social media accounts of yours are popping up, if they are. You want to make sure you don't have anything on those accounts that you don't want an employer to see. If you're using Twitter and Facebook, you want to make sure your privacy filters are set to only show things to strangers that you want them to see. They can be great tools to support your credibility because if you're showing on all your social media platforms that your interests and passions and things you like to talk about are the same in what you've said in your job application, that demonstrates that you're a credible applicant and that they're going to trust you more. You want to make sure those are all cleaned up before you apply. If you don't have time to clean them up before applying, just make sure your privacy filters are locked tight with just what you want them to see. Mac, we've talked about this before. I know you've googled past job applicants. What were you looking for when you did that? Mac Prichard: Two things. One, I wanted to see that track record of accomplishment or experience in the area for the job that they were applying for. I think you're making a really important point, Cecilia, about the importance of showing rather than telling. People can say that they're interested in a topic or they have experience in an area, but if you go online and you see that they've actually done work and there are examples of that work then that's very powerful. The second thing I'm looking for is what clients and colleagues will see when they google that person because if I do higher than candidate, as an employer, they're going to become part of the time. The image that they're projecting to the world becomes part of our company's brand. I want to make sure that that aligns with the values and the mission of our firm. Cecilia Bianco: That's definitely really important. One last tip, the more profiles you're active on and feel comfortable with an employer seeing, the better. This gives you the most control over what's going to pop up into the Google search and what they're going to see when they google you. Overall, the easiest way to control what an employer will see if they google you is to google yourself and then determine where you can improve. Mac Prichard: Good. Well, thank you, Cecilia. That's excellent advice. If you have a question for Cecilia please email her. Her email address is cecilia@macslist.org.These segments by Ben and Cecilia are sponsored by the 2016 edition of Land Your Dream Job in Portland and Beyond. We're making the complete Mac's List guide even better by adding new content and making the book available on multiple eReader platforms. In February of next year, we'll launch the revised version of the book and you'll be able to access Land Your Dream Job in Portland and Beyond on Kindle, Nook, iPad, and other digital devices. You'll also be able to get, for the first time, a paperback edition. Whatever the format, our goal is the same, to give you the tools and tips you need to get meaningful work. For more information, visit macslist.org/eBook and sign up for our eBook newsletter. We'll be sending you publication updates, share exclusive book content, and provide you with special pre-sale prices. Let's turn to our expert guest this week, and that is Albert Qian, who is a high tech digital marketing and product marketing manager. He's originally from Silicon Valley and he now works in Orange County, California. He's also the founder of Albert's List, a Facebook Jobs Community with more than 10,000 members that includes recruiters, hiring managers, job seekers, and more. Through the use of social media, Albert has helped fellow group members find work at companies like eBay, Google, and GoPro. Albert, thanks for joining us. Albert Qian: Thank you for having me on, I really appreciate the time. Mac Prichard: It's a pleasure to have you on the show. Let's talk about tech jobs. When people think about technology they think, "These jobs are in Silicon Valley, they're for coders, engineers. If you don't have a degree in electrical engineering you're out of luck." What's been your experience? Albert Qian: My experience is that when you look at the entire technology and high tech ecosystem for what's out there, there's actually a lot of opportunities available even for people who aren't engineers. I was out at the Golden State Warriors basketball game on Sunday and I ran into somebody who is a designer, so User Interaction Designing, UI, UX, that kind of thing, which is a really hot field right now in the area of high tech. You have a lot of people who need to design their websites, their web applications, there mobile applications. When I asked her what her background was she said that she was somebody who had gotten a degree in counseling psychology with an emphasis on education. I've seen similar stories where people who have psychology backgrounds also get jobs where they're in project management, PMP roles where they're working on, and with, engineers on getting a lot of products to market. There's a lot of different areas. Mac Prichard: Let's pause there for a moment, Albert. I can imagine our listeners thinking, "I've picked up my BA in Psychology. How do I make the leap into design work and doing user experience testing?" How do people make that journey? Albert Qian: I think the journey is made where you think about a product as just an end user, right? Many of us have smartphones today. We, no doubt, use a bunch of different applications whether it's on our phone, or on the web, we're all Facebook users, Twitter users, Uber users, things like that where we're using all these different apps. The way where we can apply a Humanities degree into a technology job is by applying our very own experience. Obviously, there's a little bit of knowledge in needing to know how some of this technology works and domain knowledge will always set you apart, but because we're all the end user of so many different types of technology today, we can always have the power and the ability to share these with the technology teams that we work with, and take those ideas into fruition into a product. Mac Prichard: Technology matters but so does human experience and understanding human behavior is always a marketable skill in technology. Albert Qian: Right now, you see a lot of technology that's out there on the market, a lot of prospective users. It takes a keen human eye to be able to look in-between, where you have the ability to use that technology, the solution to be able to really get users to come and user the product and stay using the product. Mac Prichard: For people who don't have psychology degrees, I know there are a lot of other opportunities in technology. Can you talk a little bit about that and the kinds of backgrounds and skills that help people thrive in this sector, outside of engineering. Albert Qian: I've seen people who have English degrees get jobs where they're doing things like technical writing, they are marketing specialists where they focus on writing collateral, or doing blogging content for a lot of technology companies that realize that they need to find a way to reach a broader audience. There are folks who can go into technology sales. If you're able to speak the language and also use your charisma in being able to sell technology products to others, that works as well. There's everything along the lines of the post-engineering process. Once you create a product, you've got to find a way to sell it. Selling the product includes everyone from product marketers, to sales folks, to people who manage social communities, to people who do the accounting/finance stuff in high tech, and really everything in-between. Mac Prichard: How do you see people break into that world, Albert? Whether it's after they've graduated or perhaps they're mid-career and they experience in another field but they want to break into technology. What do people that stand out or are successful at that do? Albert Qian: I think understanding the important of a particular domain is important to start out with. I think knowing what and why the technology is important is something that people are always looking for. Even though we live in such a technologically connected world a lot of people are great at using the technology but they don't understand why the technology is important from a business perspective. Mac Prichard: Albert, when we're talking about the domain, explain that for our listeners? Albert Qian: A domain would be a technology area. For example, one that I'll use is cloud computing… Mac Prichard: There's a lot of opportunity there and it's important to know the field that you want to focus on. What about training if you want to break into technology, there are code academies out there, online training schools, how helpful can those be to people who want to work as programmers, particularly those who didn't have that training in college and, maybe, want to make a career switch? Albert Qian: I think it's an interesting way to go about switching from one career into another. I've spoken to people who have taken these courses and people who are naturally interested in programming and they see people in these courses ... I've seen the example where these types of courses can really be beneficial for somebody who is interested in coding. One of my friends from college decided to go and take one of these 12 week boot camp courses. Now, he leads a technical team at a startup out in Santa Barbara. That's an example of where it is successful. Another one of my friends took one of these courses as well and now she has transitioned from an account management sales role into a product management role for a company out in Boston, Massachusetts. Have there been successes? Absolutely. I think, on the other hand ... I've spoken to programmers, as well, who look at this type of audience and they question whether they really get a lot of effective training out of it. On one hand, while you do know how to code, your ability to be creative within this coding knowledge is somewhat limited because you're working from a very limited perspective where, maybe, understanding coding isn't necessarily a natural forte of yours. This goes back to the original point where within technology and the technology sector, there is not necessarily a need to just become a programmer and that's just technology in its whole. As we've discussed throughout this podcast ... If you have the skills to be able to write, you can be a marketer, you can be a technical writer. If you're a person who can talk to people and to a very good job on that, you can be a salesperson. You can be an account executive, you can be a business development individual within any of the companies that work in tech out there. If you have in degree in, say, accounting or finance, you can go work in a money perspective in many of these different companies. You can do very well for yourself. Programming doesn't have to be the end-all, be-all. However, there are a lot of different resources out there for people who want to pursue that path. Mac Prichard: When does it make sense for people to get training in programming? If they want to be a programmer? Can that be an asset if they want to be a project manager or work in marketing or sales or communications in tech? Albert Qian: I certainly think that being technical is very helpful, especially in an area where you might interface with a lot of engineers. If you are a web marketing individual and you want to launch a product, being able to talk about the interactive features of a website may help a lot. Being able to talk about how something can be marketed as a product marketer when you're interfacing with your social media manager who may know how to code can be really helpful once in awhile. A lot of the jobs these days are merging together. Your technical writer may need to know how code works and write about how that works from purely a writing perspective. Mac Prichard: Coding can help, and other skills matter a lot, too. If someone is thinking about getting training in coding, and you mentioned your two colleagues that have had a positive experience, what advice do you have for people who are shopping around for either an online course or a boot camp or a code academy? What should they look for? Albert Qian: For the boot camps that exist in 8 to 12 week increments, a lot of them have interesting payment plans where either you give them the $15,000 to start and they put your through that process. Or, there are ones that take a portion of your salary when you start. That's one pricing model that exists out there. Another model out there that exists are the massive open and online courses, the MOOC's, that exist. You can go to websites like Coursera, or Code Academy, or U-2-me.com and you can pay for anywhere from $30 to $200 to $300 course where you can do self-directive learning on coding. I think when you're doing the coding learning process, it's always important to have a project in mind that you're doing.If you're just doing the code to learn how to code, you don't really get much out of it. If there's a website that you'd like to make, or a business that you have that you'd like to improve upon and develop a web application, or a mobile application, I believe that's usually the best way to take and the best course of action to approach with when it comes to learning how to code and gaining technical knowledge. Mac Prichard: Have a project that engages you and actually produces a result. Stepping back to shopping for a course, you mentioned 3 different options, and they have 3 different price points, obviously, but are there any warning signs that people should look out for when they're considering signing up with one of these boot camps or an online course? Albert Qian: There's a lot of financial consideration. For example, there's a lot of these coding academies that have popped up in the last couple of years that have already seen their doors close. If you're learning how to code and you go to one of these coding academies that ends up closing after you leave, you may be no better than where you began. I think name recognition counts a little bit. I think understanding the practical outcomes of what you're learning is also important as well. If you're going in and you know you want to do front end web development, knowing the right types of languages that you're going to be taught is a very important first step. That's one thing as well. Looking at reviews from students who have attended in the past and seeing where they've landed and going with that as well. Mac Prichard: Look for companies that have a track record, have good reviews, and can talk about their outcomes and how they've helped students. Albert Qian: It also doesn't hurt ... If you do want to go on Coursera or u2me and you find yourself a $15 course that teaches you how to code, you can't really lose with that. Having a little bit of extra knowledge never hurts. Mac Prichard: Let's move on. In our earlier conversation before this interview, what struck me was when we were talking about how people find tech jobs, you brought up a lot of techniques that I hear about any job search. One point you made that stuck with me was that networking still matters. Can you talk more about that and how networking can make a difference in getting a tech job? Albert Qian: Networking can make a difference because you put yourself in front of a live person. If you email people, they have the option to ignore you. If you call people, they have the option to never return your voice mail. Putting yourself in front of another individual and putting your best foot forward is always a plus. Humans respond very well when they see somebody that impresses them. Going out there and giving out your business cards in a reasonable method, obviously, and immersing yourself in front of a lot of people who speak tech, perhaps even a lot better than you do, is really a great way to start. If you're in a major metropolitan area around the country, there are quite a few, actually, events one can attend on a bi-monthly basis. They can meet up with people who work in technology. Mac Prichard: Ours is a national audience. I know you're in California, but are there groups that you see that operate across the country that our listeners might want to check out? Albert Qian: Yeah. One major one that I've gotten to know a little bit here in my time in Orange County is called Workbridge Associates. They host an event in all major cities across the country called Tech In Motion. Tech In Motion is a monthly networking event. Sometimes, they have content, sometimes they don't. Various technology professionals in technology marketing, people who program, all get together to share insights, exchange business cards, and get to know each other. I think, just from my understanding, they've got people in Seattle, Portland, the Bay Area, LA and Orange County, Chicago, Tampa Bay, New York City, Austin, Texas, and so many more. Mac Prichard: Excellent. We'll be sure to include that in the show notes. We're coming to the end of our interview, Albert. What else would you like to share with our listeners? Albert Qian: I'd like to invite any of your listeners to look at joining Albert's List. We, are you've mentioned, are that marketplace where we bring together job seekers, recruiters, and numerous opportunities. Like what you do with Mac's List. We have a main California group that you can find under Albert's Job Listings and Referrals. We also have groups that cover Seattle, Austin, Chicago, and New York City. We invite you to join. You can go to our main Facebook group at bit.ly/findyournextjob. That's B-I-T . L-Y / find your next job. All one word. You can also visit us online at albertslist.org. We currently just have a signup page for our email list. We send out emails every 2 to 3 weeks which includes everything from an update on the jobs report that the US Labor Department sends out every month to highlights of jobs that have been posted in our group, to upcoming live networking events, mainly available in the San Francisco Bay Area, where you can meet other professionals and get referred, and just get to know the people in your community. Mac Prichard: We'll be sure to include both of those links in the show notes. Albert, thanks so much for joining us this week. Albert Qian: Definitely. Thank you, again, for having me. Mac Prichard: Great. We're back with Ben and Cecilia. Now, what did you two thing of the conversation with Albert? What were some of the most important points you heard him make? Cecilia Bianco: I really liked what he had to say about applying for a tech job just with experience with human behavior and human experience and what a user experiences on a website. I think that's good to have in your mind going into an interview at a tech job. I think it can be a lot more valuable than I ever thought it was from what he said. Mac Prichard: I think you're right. Working the technology sector isn't just about coding. The experiences and values that can serve you in one field, whether it's marketing, sales, project management, human resources are also valuable in the technology sector. What about you, Ben? Ben Forstag: I think Albert went back to one of the golden rules of job searching which is networking and how important it is to network within the field that you're interested in exploring. I like the way he put it when you show up at a networking event, it's really hard for people to ignore you. It's an opportunity for you to present yourself in a positive light in front of people who matter and decision makers at companies. Mac Prichard: I agree. It doesn't matter what the sector might be. Human connection still matters. People always will tend to hire people they know or people that are recommended to them by people they trust. Well, thank you both, and thank you, our listeners, for listening. We'll be back next week with more tools and tips you can use to find your dream job. In the meantime, visit us at macslist.org where you can signup for our free newsletter with more than a hundred new jobs every week. If you like what you hear on our show, you can help us by leaving a review and rating at iTunes. This helps others discover our show and helps us help more job seekers. Thanks for listening.
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