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Share to Twitter Share to Linkedin Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to signs the economy may not be slowing down enough enough for the Federal Reserve to back away from its aggressive campaign to tame rising prices. Key Facts Total employment increased by 517,000 in January—significantly more than the 187,000 new jobs economists were expecting, according to data released Friday by the Labor Department. Despite growing announcements of corporate layoffs last month, the unemployment rate fell to 3.4%—coming in below expectations for it to tick up to 3.6% and instead hitting the lowest level since 1969. "While we have seen many reported layoffs in the tech industry, there are other segments that are continuing to thrive," Bill Armstrong, president of recruiting at Safeguard … [Read more...] about Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%

Share to Twitter Share to Linkedin Professor of IO Psychology. CEO of fitt , a multi-method digital talent platform. In my work leading talent assessments, one of the most frequent questions I get asked by organizations is, "What role does personality play in job success?" Whether I am conducting talent reviews for succession planning in a corporate environment, advising a company on a hiring decision or giving feedback coaching for leadership development, there is always a keen interest in understanding the personality makeup of a candidate and whether or not this will have an impact on performance in a role. At the risk of giving the standard psychologist rendition of “there is no right or wrong answer,” the honest response is: It depends. Personality assessment in work settings is nothing new. Used first by the military to gauge the battle readiness of soldiers, tools have evolved over time, become more sophisticated and branched into … [Read more...] about Personality And Job Success: How To Separate The Method From The Madness

Dr Sewanti Limaye, Director, Precision Oncology, HN Reliance Hospital and Research Centre. Cancer is among the most researched diseases in the world. For most cancers, early detection is rare, and there isn’t enough consensus among oncologists, researchers and practitioners of non-Western medicine on its exact causes. Overall, a few broad causes have been conclusively established: Cancer may arise as a consequence of genomic abnormalities such as mutations, or when the body’s immune system weakens or collapses, or due to external assaults to the body such as tobacco use, exposure to chemicals and radiation and certain infections. But much like the human body, much of this disease is a mystery. There is no one cause and there is no one cure. As Pulitzer Prize-winning author and oncologist Siddhartha Mukherjee has written in his cancer magnum opus The Emperor of All Maladies , “That this seemingly simple mechanism—cell growth without barriers—can lie at the heart of this … [Read more...] about World Cancer Day 2023 | Precision oncology is a new way of looking at cancer treatment: Dr Sewanti Limaye

Share to Twitter Share to Linkedin Bitcoin BTC has leveled off since its July rally that saw its price convincingly climb over $20,000— even as the market braces for an earthquake that's "getting closer by the day." Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the bitcoin and crypto market crash The bitcoin price, still down almost 70% from its all-time high as lawmakers mull bitcoin's future , is still reeling from various crypto industry collapses that have triggered serious warnings some other major cryptocurrencies could fail . Now, the bitcoin and crypto market is closely watching for the next U.S. consumer price index (CPI) print, due Wednesday, which could mean the Federal Reserve scales back its planned interest rate hike at its September meeting. Want to stay ahead of the market and understand the latest crypto news? Sign up now for the free CryptoCodex — A … [Read more...] about ‘A Positive Catalyst’—Bitcoin Price Now Poised For A Huge $180 Billion Fed Bombshell

The Adani group lost over $100 billion after an American short seller's investigation. American short seller Hindenburg Research's damning report about Indian billionaire Gautam Adani has led to a stock rout, erasing over $100 billion from his empire and pushing him down on the global rich list. In its report, Hindenburg Research accused the Adani Group conglomerate of being involved in accounting fraud and "brazen stock manipulation". The company has refuted the allegations. Hindenburg Research says its report on Adani is based on two years of investigation, which included reviewing documents, visiting Adani Group sites globally and conducting interviews with former executives. The short seller is helmed by Nathan Anderson, who specialises in specialises in forensic financial research. Here are 5 things to know about him: - Anderson is a graduate of the University of Connecticut and had an unlikely career trajectory. He drove an ambulance in Israel before taking up … [Read more...] about 6 points about Nathan Anderson, Hindenburg Research founder who bet against Gautam Adani

Share to Twitter Share to Linkedin Tesla CEO Elon Musk speaks at a ceremony in Dubai on February 13, 2017. (KARIM SAHIB/AFP/Getty ... [+] Images) Fresh off Tesla becoming the most valuable U.S. automaker by market capitalization this week (at least for a day or so), the company’s restless CEO Elon Musk is firming up plans to electrify the truck market. Taking to Twitter, his preferred form of communication, Musk said that Tesla will show off a concept version of a semi truck in September. On top of that, a Tesla pickup is also in the works and will be unveiled “in 18 to 24 months,” he said. Both projects have been discussed in the past , though little information on them has come out recently. “Team has done an amazing job,” with regard to its concept for the Tesla Semi, Musk tweeted. “Seriously next level.” No doubt he and other Tesla executives will have more to say on the topic on May 3, when the company is to release … [Read more...] about If You Think The World Needs Tesla Semis And Pickups, Elon Musk Has Good News

Share to Twitter Share to Linkedin Harvard economist Raj Chetty is doing something remarkable, and it ought to be a model for how the government and the private sector can improve the lives of American citizens. His approach isn't political. It’s pragmatic . Even more admirable: he’s willing to face irksome facts about how inequality of opportunity is almost physically rooted in neighborhoods . It’s all about zip codes. You are who you are, economically and educationally, to a great degree because of where you live . Once you land in a zip code, it will launch you into new opportunities, or it will limit you. Where you’re going depends more than we want to admit on where you are right now. Chetty is the William A. Ackman Professor of Economics at Harvard. He focuses on economic inequality and social mobility: the ability of each generation of a family to enjoy a quality of life better than the previous one. Multiple studies have found that the U.S. is … [Read more...] about A Revolutionary Move For A Better Future

Share to Twitter Share to Linkedin What Women Need to Know About SECURE Act 2.0 On December 23, 2022, while most of the country was out of the office enjoying a nice holiday break, Congress passed an update to the retirement bill known as the SECURE Act, the Setting Every Community Up for Retirement Enhancement Act (now referred to as SECURE Act 2.0). While the original SECURE Act, passed nearly three years prior in December 2019, had a net negative impact by eliminating the “stretch IRA” (the ability for a non-spouse beneficiary of a qualified retirement account to take distributions over their lifetime), SECURE Act 2.0 had an overall net positive impact, making numerous small changes to retirement plan savings rules in an effort to encourage Americans to save more for their retirement. In total, there are over 90 provisions in SECURE Act 2.0. Below, I highlight a few revisions that are particularly meaningful for women. Why focus on women, in … [Read more...] about What Women Need To Know About SECURE Act 2.0