Tag Archives: Hiring

Goldman Sachs & JPMorgan are barely hiring & Goldman is cutting, again

Goldman Sachs & JPMorgan are barely hiring & Goldman is cutting, again

If you thought banks would open the hiring floodgates in the final quarter of 2025 in anticipation of a fine 2026, then yesterday’s results from Goldman Sachs, JPMorgan, and Citi are a revelation. It’s not happening. Get Morning Coffee ☕ in your inbox. Sign up here. Instead of hiring, Goldman Sachs – which cut vice president (VP) jobs earlier this year and …

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Powell Signals Another Cut as Weak Hiring Pressures Unemployment – Bloomberg.com

Powell Signals Another Cut as Weak Hiring Pressures Unemployment  Bloomberg.com Fed’s Powell suggests tightening program could end soon, opens door to rate cuts  CNBC Powell Keeps Fed on Track to Lower Rates Again  The Wall Street Journal Fed’s Powell says economy may be on firmer footing, but job market weak  Reuters With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on …

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Mets hiring Kai Correa as bench coach, promoting Jeff Albert (sources)

Mets hiring Kai Correa as bench coach, promoting Jeff Albert (sources)

The first two pieces of the Mets’ coaching staff makeover have clicked into place. The Mets have promoted Jeff Albert to run their hitting program, multiple sources told MLB.com on Tuesday, putting him in charge of what they hope can be one of the league’s top offenses. The team, which has not confirmed the move, still intends to hire at …

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Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal

Goldman economists on the Gen Z hiring nightmare: ‘Jobless growth’ is probably the new normal

The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless growth” in an Oct. 13 note. It resonates with what Federal Reserve Chair Jerome Powell memorably described in September as a “low-hire, low-fire” labor market, in which, for some reason, “kids coming out of …

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Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell said in a speech in Philadelphia that despite the federal government shutdown cutting off official economic data, “the outlook for …

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Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring

Americans aren’t worried about the government shutdown. But they remain unnerved about the cost of living and weak hiring

Washington  —  Persistent worries about the higher cost of living and few job opportunities pushed consumer sentiment down to its seventh-lowest level in October, on records going back to 1952. Consumer sentiment edged a hair lower early this month to a preliminary reading of 55, the University of Michigan said Friday — a weak level rarely seen in the post-World …

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A New Paper Studied Whether NASA Actually Saves Money by Hiring Corporations to Build New Spacecraft, and the Results Are Embarrassing

A New Paper Studied Whether NASA Actually Saves Money by Hiring Corporations to Build New Spacecraft, and the Results Are Embarrassing

Illustration by Tag Hartman-Simkins / Futurism. Source: Getty Images For decades, NASA has increasingly leaned on corporate contractors to develop the spacecraft it uses to explore the solar system. Triumphs have included SpaceX’s Dragon vehicles, which can now reliably shuttle astronauts to the International Space Station and beyond. The widely parroted idea is that players in the free market will …

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Rural schools face hiring challenges as H-1B visa fees increase

Rural schools face hiring challenges as H-1B visa fees increase

SIOUX FALLS, S.D. (AP) — When Rob Coverdale started his job in 2023 as superintendent of the K-12 Crow Creek Tribal School in South Dakota, there were 15 unfilled teaching positions. Within nine months, he had filled those vacancies with Filipino teachers, the majority of whom arrived on the H-1B, a visa for skilled workers in specialty occupations. “We’ve hired …

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Hiring data suggests an unusual economic dynamic at play – Axios

Hiring data suggests an unusual economic dynamic at play  Axios There’s no jobs report today. So here’s what we know about the US labor market  CNN Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout  CNBC US Job Growth Is Slowing Even Without Government Data to Show It  Bloomberg.com With the US government dark, alternate sources show …

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