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US jobless claims, Philly Fed, import prices all disappoint – USD ticks down

“Weekly jobless claims were projected to drop from 239K to 235K and import prices were predicted to rise by 0.4% after 0.7% beforehand” writes Yohay S Google for forexcrunch.com. The Philly Fed manufacturing index was expected to slip from 27.9 in October to 25 points in November.US weekly jobless claims are up to 249K, disappointing expectations. Source: forexcrunch.com Share This:

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Canadian ADP report shows a drop of 5.7K jobs

“Update: the ADP NFP came out and it shows a drop of 5.7K jobs in Canada, worse than the official data” writes Yohay S Google for forexcrunch.com. The manufacturing sales measure was forecast to drop by 0.4% after rising by 1.6% in the previous month.ADP routinely publishes its jobs report for the US, two days before the official Non-Farm Payrolls report. Source: forexcrunch.com Share This:

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in 517 of 545 occupations since 2002, with a striking uptick in many lower-skilled occupations

“Some jobs, especially higher-paying service occupations, have long used digital tools and that continued to grow, the study found” writes Min Read for reuters.com. Software developers, the top-ranked occupation for digital skills in both 2002 and 2016, saw their rating slip to 94 from 97.At the same, many jobs that had little or no digital content in 2002 have now become far more likely to require those skills.The real transformation taking place in nearly every workplace is the invasion of digital tools. Source: reuters.com Share This:

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Creation of the ‘new collar’ job industry makes 4 year degrees less necessary

“This change likely stems from the fact that tech job openings currently outpace tech job applicants” writes Kate Hardiman for washingtonexaminer.com. Today, however, leading tech companies such as IBM recruit based on skills, rather than credentials, for what they have termed “new collar” jobs.P-TECH, or Pathways in Technology Early College High School, is a six-year public high school in Brooklyn that combines a traditional curriculum with technology skills from community colleges, mentoring partnerships, and real-world apprenticeships.Rather than waiting for higher education to change on its own, IBM designed a new…

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Google’s trying to make your job search less difficult

“According to the blog post, to search jobs based on geography users can click the “Location” filter and browse through positions that meet your desired distance” writes Nicole Gallucci for mashable.com. Searching for a new job can be a painful process, but Google’s latest tool is looking to make things a bit easier.The company explained in a blog post that salary information is a crucial deciding factor that’s “missing from over 85 percent of job postings in the U.S. today.”. In a few weeks Google Search is even giving people…

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Google adds new features to its job listings search tool released earlier this year

“After releasing its job listing search feature in June of this year, Google has updated the function so that new details about open positions will show up in search results” writes Amy Gesenhues for searchengineland.com. According to the announcement on the Google Search Blog, salary information, location settings and application choices can now be added to display directly in search along with the job posting.Part of the Google for Jobs initiative, the job listing function makes it possible for employers to have open positions listed directly in search results. According…

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AI will obliterate half of all jobs, starting with white collar, says ex-Google China president

“The white collar jobs are easier to take because they’re pure a quantitative analytical process” writes -kai-fu Lee for cnbc.com. But white collar jobs will go first, he warned.”AI, at the same time, will be a replacement for blue collar and white collar jobs,” said Lee, a renowned Chinese technologist and investor who held positions at Apple and Microsoft in addition to Alphabet’s Google. Source: cnbc.com Share This:

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Senate bill would cut taxes by $1.78 trillion, create 925k new jobs, study finds

“The Tax Foundation’s analysis contains even more good news for President Trump and Republican leaders hoping to push tax reform through this year” writes Joseph Lawler for washingtonexaminer.com. That result could reassure Republicans concerned that the tax cuts could add to the debt.The logic behind that number was that he could imagine a pro-growth tax reform generating $1 trillion, mostly making up the difference.The Senate tax bill introduced Thursday would boost the economy, creating 925,000 new jobs and raising wages by 2.9 percent over 10 years, according to a new…

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EXCHANGE: Wahl Clipper proud of its Made in America pedigree

“Wahl Clipper has more than 1,000 workers in Sterling, and it attributes about 100 jobs to its longtime partnership with Walmart” writes The Associated Press for seattletimes.com. Bustos has worked on the Democrat-led “Make It In America” initiative, a package of bills that aim to create middle-class jobs through a rebirth of manufacturing. Source: seattletimes.com Share This:

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