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Societe General plans to cut thousands of jobs at investment bank: Bloomberg

“(Reuters) – French bank Societe General SA is planning to cut thousands of jobs at its global banking and investor solutions unit, as it looks to offset cost pressure from regulation, Bloomberg reported on Friday, citing people familiar with the matter” reports businessinsider.com. The bank is also looking to find a partner for its cash-equity business, the report added. Source: businessinsider.com

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Supporters of the Green New Deal say they can reconcile two conflicting goals: ending the use of coal and other fossil fuels while also supporting coal miners.

“Supporters of the Green New Deal say they can reconcile two conflicting goals: ending the use of coal and other fossil fuels while also supporting coal miners” reports washingtonexaminer.com. The number of American coal miners, meanwhile, has fallen from more than 80,000 in 2008 to about 53,000 today, according to the Bureau of Labor Statistics.It invests in new businesses and recruits workers from local welfare offices and unemployment centers, with a special focus on former coal miners. Source: washingtonexaminer.com

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The fastest-growing 6-figure job in the US doesn’t require a degree

“That’s about 26,000 new openings for app developers every year, in addition to the estimated 60,170 positions opening up each year to replace current app developers” writes Prachi Bhardwaj for businessinsider.com. That means any entrepreneur who hires an app developer can create a product, readily available to over 200,000 daily potential customers.Of course, there are other jobs adding to the job market in substantial numbers over the next several years.In terms of training, aspiring app developers can major in computer science at any two or four-year program, but a lot…

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The job millennials want most pays $98,500—here are the other 9

“Project manager Share of millennial applications: 1 percent No. of open jobs on Glassdoor: 36,741 Median salary of open positions: $79,600 Like this story?” writes Kerri Anne Renzulli for cnbc.com. Administrative assistant Share of millennial applications: 2 percent No. of open jobs on Glassdoor: 18,409 Median salary of open positions: $41,900 6.Product manager Share of millennial applications: 2 percent No. of open jobs on Glassdoor: 15,680 Median salary of open positions: $104,300 7.Data scientist Share of millennial applications: 3 percent No. of open jobs on Glassdoor: 8,547 Median salary of…

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How to Break Down Work into Tasks That Can Be Automated

“Mental work can usually be automated, but some physical work involves human dexterity or strength” reports hbr.org. Some work is harder to automate than other work and — just as important — some work makes sense as a single job while some work is able to be split into different tasks.They aren’t deconstructing jobs so the specific tasks that can be automated can be identified. Source: hbr.org

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Charity foundation creates 41,000 jobs for the deprived

“Additionally, over the past seven months, 41,000 direct and 40,000 indirect jobs were created by Headquarters for Executing the Order of the Imam, he noted” reports tehrantimes.com. The Foundation has planned to increase job opportunities by 70,000 during the next year, Mokhber announced in a press release on Tuesday.TEHRAN – Barekat Charity Foundation, affiliated to Headquarters for Executing the Order of the Imam, has generated some 41,000 jobs for the people residing in underprivileged areas during the current Iranian calendar year (starting on March 21, 2018), Mohammad Mokhber, director of…

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Sen. Ron Wyden, D-Ore., called on the White House Tuesday to release a confidential internal report on the potential need for auto and auto parts tariffs.

“Ron Wyden, D-Ore., called on the White House Tuesday to release a confidential internal report on the potential need for auto and auto parts tariffs” reports washingtonexaminer.com. Trump has interpreted that authority broadly to justify imposing tariffs on steel and aluminum imports and has threatened to impose a 25 percent tariff on auto and auto parts imports. “Decreased sales will mean fewer American jobs with wide-ranging effects across our economy that could prove catastrophic.”. The Commerce Department delivered the report to the White House Sunday, but the administration has indicated…

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GBP News 

A ‘no-deal’ Brexit could hit 100,000 German jobs, study claims

“A U.K. exit from the European Union (EU) with no pre-arranged deal could affect more than 100,000 jobs in Germany, according to a new academic study” writes Krisztian Bocsi for cnbc.com. They then estimated that, in- terms of overall employment, Germany would be the worst hit of all the countries that the U.K. trades with, offering a potential impact on more than 100,000 jobs. Source: cnbc.com

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