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August Jobs Report 2023

HR Digest

The release of the August jobs report 2023 by the Labor Department has provided valuable insights into the state of the job market in the United States. Despite the addition of 187,000 jobs, there are signs indicating a gradual cooling of the labor market.

Report 105
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Championing Diversity and Inclusion at Bank of America

HR Digest

In today’s tight labor market, it is imperative for us to stay focused on effective onboarding, career mobility and supporting our managers. This includes a move back to in-person onboarding events in many of our local markets. Photo: Bank of America This profile was published in the January 2023 issue of The HR Digest.

Banking 78
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Diversification Putting Pressure on FinTech Executives

N2Growth Blog

Although digitization has a significant catalytic effect on these processes, a successful diversification strategy would still need a solid basis and a set of scalable growth patterns that could apply to target markets. It will most likely overcome cross-cultural barriers as it expands into new markets.

Execution 341
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Protecting Yourself Against Fraudulent Recruiters & Hiring Scams

N2Growth Blog

Today’s competitive job market can be rife with job offers and opportunities but also with scams. Furthermore, only provide sensitive information such as social security numbers or bank details after thoroughly vetting the firm’s legitimacy. Always ensure that the handling and storage of your data are secure.

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The Rise of Salary Transparency: How Employers are Attracting Talent in a Tight Labor Market

HR Digest

Interestingly, STEM-focused fields, such as banking, finance, mathematics, and software development, saw the most significant increase in salary disclosure. Roles in industrial engineering, chemical engineering, banking, and finance have the lowest salary visibility in job postings, advertising pay in fewer than a third of posted jobs.

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Disappointing US Job report likely to derail plans to scale back stimulus package

HR Digest

August jobs report showed a sharp decline with only 235,000 new positions added. The June and July job reports were very good. The June and July job reports were very good. But August’s weak payrolls report, has upset the September timeline. Even the right call for economy progress falls short.

Report 59
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UNCTAD Report Argues For A New Approach To Tackling Financial Crisis

The Horizons Tracker

The report highlights how during the preceding decade, when interest rates were consistently extremely low, central banks proved unable to generate healthy economic growth. While the Conservative party seems to be mirroring the policy choices of the 1970s, the report suggests this would be a serious gamble that could backfire.

Crisis 68