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The easiest way to get people back to the office? Free childcare on December 1, 2023 at 2:40 pm Business News | The Hill

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Childcare is currently so expensive that parents are dropping out of the workforce.

According to the most recent stats from the Census Bureau, the mean amount spent on childcare in the seven days prior to the research was $325.39.

Multiply this by 52 and you get $16,920 as a mean annual sum, while for those with a Bachelor’s degree or higher, the mean sum was higher at $377.77, which adds up to $19,644 annually.

The stats drill down further to look at the mean amount spent on childcare compared to household income.

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While those earning less than $25,000 spent on average $296 in the previous seven days on childcare, this figure remains around the same right up to the $100,000-$149,999 pay bracket.

Clearly lower income households are feeling the most squeeze, with the lowest bracket spending 62% of their salary on childcare.

Comparatively, workers in the $50,000-$74,999 band pay 28% to 19%, the $75,000-$99,999 cohort pay 22% to 15%, and the $100,000-$149,999 group pay 14% to 10%.

Childcare costs cited increase after these groupings. For households with an income of $150,000-$199,999, costs for the last seven days was $335 (between 8% to 12% of annual salary), and this rises to $467 for households earning $200,000 and above (12% of annual salary).

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Meanwhile, according to a national representative survey of 2,091 U.S. adults, 48% of parents of children under five-years old would consider being a stay-at-home parent if childcare accounted for a quarter of their salary.

Daily office costs add up

Add to this, a new Owl Labs report on hybrid working highlights how much in-office workers spend day-to-day on commuting, lunch and the occasional coffee (around $51 a day).

It also looks at what benefits would really sway hybrid workers to return to their cubes.

It found that a third of workers say free or subsidized meals, snacks and beverages would be a draw, while over a quarter (28%) said on-site alternatives for childcare or eldercare would encourage them to be back in the office.

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It’s no longer just parents complaining they must pay to work, since work-from-home became commonplace, now all workers are conscious of the cost difference between remote and in-office working, and progressive employers are coughing up benefits to aid staff retention.

Interested in finding a new role? The Hill Jobs has new opportunities updated constantly, like these three.

Director of Election Protection, Issue One

Next year will be a busy but rewarding one for the person hired into Issue One as Director of Election Protection, as they will lead a multimillion dollar communications campaign to increase trust in elections, similar to the Count Every Vote effort in 2020. This DEP will manage the National Council on Election Integrity (NCEI), spearhead the Faces of Democracy campaign of election officials and poll workers, and drive the program’s cross-partisan strategic planning and policy development, including grassroots and grasstops mobilization. The successful candidate will also represent Issue One as an election-protection expert with the executive branch, at events, and with the media. Five years plus experience leading a large-scale campaign is required, as is a mix of political, legislative, issue advocacy and Hill experience. Reporting to the chief of strategy and program, the successful candidate needs to be independent and able to self-manage. Find out more here.

Manager, Digital Communications, American Gas Association

Founded in 1918, the American Gas Association (AGA) now represents 200 local energy companies that deliver natural gas throughout the U.S.. Of the 76 million gas customers across residential, commercial and industrial, 72 million receive their gas from AGA members. Currently seeking a Manager of Digital Communications, the successful candidate will have at least an undergrad degree in communications, journalism, political science or related discipline, a minimum three years related work experience, demonstrable writing and editorial capability, and will be proficient in web and social media metric tools, like Google Analytics, Higher Logic, Axios HQ and Buffer. Working knowledge of WordPress or a similar CMS, of graphic design tools like Canvas, InDesign and Spark are also a plus. A willingness for occasional travel is also important. Apply here.

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Deputy Director of Accounting and Finance, Democratic Attorneys General Association

Now hiring a Deputy Director of Accounting and Finance, the Democratic Attorneys General Association (DAGA) has three legal entities (527, 501(c)(4), and 501(c)(3)) that the successful candidate will be responsible for supporting. Working closely with compliance, ops and HR, the Deputy Director will assist and coordinate preparations for the annual audit, manage state tax filing requirements, help with the annual budgeting process, develop new processes that support timely administration, prepare reports, and lead on special projects assigned by the director of accounting and finance. The role comes with a comprehensive compensation package. See more here.

Bookmark The Hill Jobs and check in with the board every week to see interesting new roles in D.C.

​Lobbying, Business Childcare is currently so expensive that parents are dropping out of the workforce. According to the most recent stats from the Census Bureau, the mean amount spent on childcare in the seven days prior to the research was $325.39. Multiply this by 52 and you get $16,920 as a mean annual sum, while for those…  

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Google Accused Of Favoring White, Asian Staff As It Reaches $28 Million Deal That Excludes Black Workers

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Google has tentatively agreed to a $28 million settlement in a California class‑action lawsuit alleging that white and Asian employees were routinely paid more and placed on faster career tracks than colleagues from other racial and ethnic backgrounds.

How The Discrimination Claims Emerged

The lawsuit was brought by former Google employee Ana Cantu, who identifies as Mexican and racially Indigenous and worked in people operations and cloud departments for about seven years. Cantu alleges that despite strong performance, she remained stuck at the same level while white and Asian colleagues doing similar work received higher pay, higher “levels,” and more frequent promotions.

Cantu’s complaint claims that Latino, Indigenous, Native American, Native Hawaiian, Pacific Islander, and Alaska Native employees were systematically underpaid compared with white and Asian coworkers performing substantially similar roles. The suit also says employees who raised concerns about pay and leveling saw raises and promotions withheld, reinforcing what plaintiffs describe as a two‑tiered system inside the company.

Why Black Employees Were Left Out

Cantu’s legal team ultimately agreed to narrow the class to employees whose race and ethnicity were “most closely aligned” with hers, a condition that cleared the path to the current settlement.

The judge noted that Black employees were explicitly excluded from the settlement class after negotiations, meaning they will not share in the $28 million payout even though they were named in earlier versions of the case. Separate litigation on behalf of Black Google employees alleging racial bias in pay and promotions remains pending, leaving their claims to be resolved in a different forum.

What The Settlement Provides

Of the $28 million total, about $20.4 million is expected to be distributed to eligible class members after legal fees and penalties are deducted. Eligible workers include those in California who self‑identified as Hispanic, Latinx, Indigenous, Native American, American Indian, Native Hawaiian, Pacific Islander, and/or Alaska Native during the covered period.

Beyond cash payments, Google has also agreed to take steps aimed at addressing the alleged disparities, including reviewing pay and leveling practices for racial and ethnic gaps. The settlement still needs final court approval at a hearing scheduled for later this year, and affected employees will have a chance to opt out or object before any money is distributed.

H2: Google’s Response And The Broader Stakes

A Google spokesperson has said the company disputes the allegations but chose to settle in order to move forward, while reiterating its public commitment to fair pay, hiring, and advancement for all employees. The company has emphasized ongoing internal audits and equity initiatives, though plaintiffs argue those efforts did not prevent or correct the disparities outlined in the lawsuit.

For many observers, the exclusion of Black workers from the settlement highlights the legal and strategic complexities of class‑action discrimination cases, especially in large, diverse workplaces. The outcome of the remaining lawsuit brought on behalf of Black employees, alongside this $28 million deal, will help define how one of the world’s most powerful tech companies is held accountable for alleged racial inequities in pay and promotion.

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Luana Lopes Lara: How a 29‑Year‑Old Became the Youngest Self‑Made Woman Billionaire

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At just 29, Luana Lopes Lara has taken a title that usually belongs to pop stars and consumer‑app founders.

Multiple business outlets now recognize her as the world’s youngest self‑made woman billionaire, after her company Kalshi hit an 11 billion dollar valuation in a new funding round.

That round, a 1 billion dollar Series E led by Paradigm with Sequoia Capital, Andreessen Horowitz, CapitalG and others participating, instantly pushed both co‑founders into the three‑comma club. Estimates place Luana’s personal stake at roughly 12 percent of Kalshi, valuing her net worth at about 1.3 billion dollars—wealth tied directly to equity she helped create rather than inheritance.

Via Facebook

Kalshi itself is a big part of why her ascent matters.

Founded in 2019, the New York–based company runs a federally regulated prediction‑market exchange where users trade yes‑or‑no contracts on real‑world events, from inflation reports to elections and sports outcomes.

As of late 2025, the platform has reached around 50 billion dollars in annualized trading volume, a thousand‑fold jump from roughly 300 million the year before, according to figures cited in TechCrunch and other financial press. That hyper‑growth convinced investors that event contracts are more than a niche curiosity, and it is this conviction—expressed in billions of dollars of new capital—that turned Luana’s share of Kalshi into a billion‑dollar fortune almost overnight.

Her path to that point is unusually demanding even by founder standards. Luana grew up in Brazil and trained at the Bolshoi Theater School’s Brazilian campus, where reports say she spent up to 13 hours a day in class and rehearsal, competing for places in a program that accepts fewer than 3 percent of applicants. After a stint dancing professionally in Austria, she pivoted into academics, enrolling at the Massachusetts Institute of Technology to study computer science and mathematics and later completing a master’s in engineering.

During summers she interned at major firms including Bridgewater Associates and Citadel, gaining a front‑row view of how global macro traders constantly bet on future events—but without a simple, regulated way for ordinary people to do the same.

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That realization shaped Kalshi’s founding thesis and ultimately her billionaire status. Together with co‑founder Tarek Mansour, whom she met at MIT, Luana spent years persuading lawyers and U.S. regulators that a fully legal event‑trading exchange could exist under commodities law. Reports say more than 60 law firms turned them down before one agreed to help, and the company then spent roughly three years in licensing discussions with the Commodity Futures Trading Commission before gaining approval. The payoff is visible in 2025’s numbers: an 11‑billion‑dollar valuation, a 1‑billion‑dollar fresh capital injection, and a founder’s stake that makes Luana Lopes Lara not just a compelling story but a data point in how fast wealth can now be created at the intersection of finance, regulation, and software.

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Harvard Grads Jobless? How AI & Ghost Jobs Broke Hiring

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America’s job market is facing an unprecedented crisis—and nowhere is this more painfully obvious than at Harvard, the world’s gold standard for elite education. A stunning 25% of Harvard’s MBA class of 2025 remains unemployed months after graduation, the highest rate recorded in university history. The Ivy League dream has become a harsh wakeup call, and it’s sending shockwaves across the professional landscape.

Jobless at the Top: Why Graduates Can’t Find Work

For decades, a Harvard diploma was considered a golden ticket. Now, graduates send out hundreds of résumés, often from their parents’ homes, only to get ghosted or auto-rejected by machines. Only 30% of all 2025 graduates nationally have found full-time work in their field, and nearly half feel unprepared for the workforce. Go to college, get a good job“—that promise is slipping away, even for the smartest and most driven.​

Tech’s Iron Grip: ATS and AI Gatekeepers

Applicant tracking systems (ATS) and AI algorithms have become ruthless gatekeepers. If a résumé doesn’t perfectly match the keywords or formatting demanded by the bots, it never reaches human eyes. The age of human connection is gone—now, you’re just a data point to be sorted and discarded.

AI screening has gone beyond basic qualifications. New tools “read” for inferred personality and tone, rejecting candidates for reasons they never see. Worse, up to half of online job listings may be fake—created simply to collect résumés, pad company metrics, or fulfill compliance without ever intending to fill the role.

The Experience Trap: Entry-Level Jobs Require Years

It’s not just Harvard grads who are hurting. Entry-level roles demand years of experience, unpaid internships, and portfolios that resemble a seasoned professional, not a fresh graduate. A bachelor’s degree, once the key to entry, is now just the price of admission. Overqualified candidates compete for underpaid jobs, often just to survive.

One Harvard MBA described applying to 1,000 jobs with no results. Companies, inundated by applications, are now so selective that only those who precisely “game the system” have a shot. This has fundamentally flipped the hiring pyramid: enormous demand for experience, shrinking chances for new entrants, and a brutal gauntlet for anyone not perfectly groomed by internships and coaching.

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Burnout Before Day One

The cost is more than financial—mental health and optimism are collapsing among the newest generation of workers. Many come out of elite programs and immediately end up in jobs that don’t require degrees, or take positions far below their qualifications just to pay the bills. There’s a sense of burnout before careers even begin, trapping talent in a cycle of exhaustion, frustration, and disillusionment.

Cultural Collapse: From Relationships to Algorithms

What’s really broken? The culture of hiring itself. Companies have traded trust, mentorship, and relationships for metrics, optimizations, and cost-cutting. Managers no longer hire on potential—they rely on machines, rankings, and personality tests that filter out individuality and reward those who play the algorithmic game best.

AI has automated the very entry-level work that used to build careers—research, drafting, and analysis—and erased the first rung of the professional ladder for thousands of new graduates. The result is a workforce filled with people who know how to pass tests, not necessarily solve problems or drive innovation.

The Ghost Job Phenomenon

Up to half of all listings for entry-level jobs may be “ghost jobs”—positions posted online for optics, compliance, or future needs, but never intended for real hiring. This means millions of job seekers spend hours on applications destined for digital purgatory, further fueling exhaustion and cynicism.

Not Lazy—Just Locked Out

Despite the headlines, the new class of unemployed graduates is not lazy or entitled—they are overqualified, underleveraged, and battered by a broken process. Harvard’s brand means less to AI and ATS systems than the right keyword or résumé format. Human judgment has been sidelined; individuality is filtered out.

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What’s Next? Back to Human Connection

Unless companies rediscover the value of human potential, mentorship, and relationships, the job search will remain a brutal numbers game—one that even the “best and brightest” struggle to win. The current system doesn’t just hurt workers—it holds companies back from hiring bold, creative talent who don’t fit perfect digital boxes.

Key Facts:

  • 25% of Harvard MBAs unemployed, highest on record
  • Only 30% of 2025 grads nationwide have jobs in their field
  • Nearly half of grads feel unprepared for real work
  • Up to 50% of entry-level listings are “ghost jobs”
  • AI and ATS have replaced human judgment at most companies

If you’ve felt this struggle—or see it happening around you—share your story in the comments. And make sure to subscribe for more deep dives on the reality of today’s economy and job market.

This is not just a Harvard problem. It’s a sign that America’s job engine is running on empty, and it’s time to reboot—before another generation is locked out.

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