Business
US job growth is expected to slow in 2024. Here’s what you can do now on November 24, 2023 at 4:51 pm Business News | The Hill
The US is still enjoying one of the best jobs markets in its labor history, but here’s a heads-up: there are signs of change around the corner.
According to Goldman Sachs, the current pace of job growth is around 175,000 per month, but they expect it to slow to 100,000 in the second half of 2024. JP Morgan is on the same page – it predicts that job growth is expected to soften in 2024.
And the most official source, the US Department of Labor’s Bureau of Labor Statistics, tells us that job growth slowed in October, after the economy added fewer jobs in August and September than expected.
All of it promises a slowdown in labor market momentum, news that is considered to be “Fed-friendly”: good for the economy. But what does it mean for workers?
The cards are not as stacked in your favor as they were 12 months ago, and wage growth is also slowing, so the springboard from your current role into a better one may not be quite as visible, nor as bouncy. There is, however, reason for optimism. A slowing in the jobs market presents an opportunity to take stock to safeguard your career progression.
If you have been on the fence about staying in your current role, safe in the knowledge that the market is awash with new opportunities, this is your nudge to be more cautious and more curious. It could be a good time to make your move.
An employer’s market
The Great Resignation that pockmarked the jobs market since the pandemic is officially over, say observers, which is good news for organizations on the hunt for the best talent. Quits have fallen to pre-pandemic levels, and consequently so have new hires, so employers are less desperate to fill openings. This means you’ll have to search harder to find great opportunities but when you inevitably do, be ready to step up.
Do your research
With a focus on your skills, rather than your current job title, research the hottest sectors where your knowledge and expertise are turning heads these days. If you are on the hunt for something new, note that government, health, nonprofit and professional services roles have been ripest for picking this year, with more active openings and hirings. Expand your network online and aim to follow key players and join associations related to your targeted sector.
Be open to a change
These days, a huge amount of job seekers are still searching for full-time remote working. Don’t put yourself directly in line with the masses; Stand out from the competition by including hybrid and on-site roles in your search and application process. Furthermore, be open to contract and shorter-term positions that could help you find your feet on a new career path.
Speed matters
All the experts agree that now might not be the time to take your time. In a softer jobs market, your leverage as a skilled worker is softening, too. When you see an interesting role, have your résumé and references dusted off and ready to go. The right applicants are getting appointed quickly, and competition can be fierce. Be on your game and move fast.
Director of Election Protection, Issue One, Washington
Fortifying US elections is the main goal of the Director of Election Protection at Issue One, who will lead strategic initiatives in this area. Reporting to the Chief of Strategy, the Director will oversee the National Council on Election Integrity and spearhead the Faces of Democracy campaign, in a role that drives communications, wider policy and grassroots mobilization. A minimum of five years in campaign leadership is preferred as well as a familiarity with legislative advocacy, plus exceptional communication and management skills. Read more about this important role at The Hill Jobs, where you can apply directly.
Director, Treasury FX Trading & Funding, Remitly, Seattle
Remitly is currently seeking a Treasury Director to oversee its FX operations, managing $40B in transactions across more than 170 countries annually. You’ll lead a global team of 10, and head up FX inventory purchases, funding strategies, and trade execution, with a focus on optimizing liquidity and minimizing cost. At least a decade in global treasury FX management, with deep knowledge of emerging markets currencies or remittance, and strong leadership skills is ideal. Your educational background would ideally be finance, accounting, or a related field, while professional certifications such as CFA, CTP, or CPA are an advantage. In return you’ll enjoy flexible time off, great health benefits, 401k-matching, and educational support. Discover more about working for Remitly at The Hill Jobs today.
Manager, Digital Communications, American Gas Association, Washington
The American Gas Association, which represents more than 200 natural gas companies, has an exciting opening for a Manager of Digital Communications to join its team. The successful candidate will oversee online content, social media, and graphic design projects, so the role ideally calls for a degree in communications or a related field. Occasional travel will be involved. If you are energetic, collaborative and at your best under pressure, this role could be for you. Read more about it at The Hill Jobs.
Lobbying, Business The US is still enjoying one of the best jobs markets in its labor history, but here’s a heads-up: there are signs of change around the corner. According to Goldman Sachs, the current pace of job growth is around 175,000 per month, but they expect it to slow to 100,000 in the second half of…
Business
The Cities Bracing for Trump’s Immigration Crackdown
In the wake of Donald Trump’s recent election victory and his promise of “the largest deportation operation in American history,” several major U.S. cities are bracing for potentially seismic shifts in their economic and social landscapes. As the nation grapples with the implications of this proposed policy, urban centers that have long been havens for immigrant communities find themselves at the epicenter of a looming storm.
Los Angeles, often dubbed the “City of Angels,” stands to lose more than its celestial nickname suggests. As a primary gateway for immigrants, the city’s vibrant tapestry of cultures and its economic engine could face significant disruption. From the bustling streets of Koreatown to the sun-drenched orchards of the Central Valley, the absence of undocumented workers could leave gaping holes in the city’s workforce and cultural identity.
Across the country, New York City, with its iconic skyline and melting pot reputation, faces its own reckoning. The Big Apple’s 5.9 million immigrants, many of whom are undocumented, form the backbone of industries ranging from construction to healthcare. The potential exodus could transform neighborhoods like Jackson Heights and Flushing, altering the very essence of what makes New York a global city.In the Sunshine State, Miami’s tropical allure belies the turbulent times ahead. Home to 2.5 million immigrants, the city’s economy relies heavily on sectors like tourism and hospitality – industries where undocumented workers often fill crucial roles. The potential deportation of these workers could send shockwaves through Miami’s economic ecosystem, from South Beach’s glitzy hotels to the agricultural heartlands of South Florida.
Chicago, the “City of Big Shoulders,” may find those shoulders significantly weakened. With 1.7 million immigrants in its metropolitan area, the Windy City’s diverse neighborhoods and industries face an uncertain future. From the meatpacking plants to the tech startups, Chicago’s economic resilience could be tested like never before.
In the Lone Star State, Houston and Dallas stand as twin testaments to the complexities of immigration policy. These Texas titans, each home to large immigrant populations, could see their booming economies stumble. The construction sites that dot their ever-expanding skylines and the service industries that keep these cities humming could face unprecedented labor shortages.
Out West, the San Francisco Bay Area’s reputation as a bastion of innovation and progress could be challenged. The region’s tech industry, often reliant on immigrant talent, might find itself grappling with a new reality. From Silicon Valley’s coding campuses to the agricultural expanses of the Central Valley, California’s economic powerhouse could face a reckoning. Phoenix, rising from the Sonoran Desert, could see its growth trajectory altered. As Arizona’s urban center, it stands at the forefront of the immigration debate, potentially facing not just economic impacts but social and political upheaval as well.
These cities, along with others like San Diego and Las Vegas, are not just facing potential economic disruptions. They are staring down the barrel of profound social change. Family separations, community fragmentation, and the erosion of cultural enclaves built over generations are all possible consequences of mass deportations. Moreover, the fiscal implications are staggering. Undocumented immigrants contribute billions in taxes annually, often without receiving the full benefits of their contributions. Their sudden absence could leave gaping holes in city budgets, potentially affecting public services and infrastructure projects.
As these urban centers brace for impact, the debate rages on. Supporters of stricter immigration policies argue for the need to enforce laws and protect American jobs. Critics warn of economic devastation and the unraveling of America’s urban fabric. What’s clear is that America’s cities stand at a crossroads. The coming months and years will likely reshape urban landscapes in ways both visible and invisible. From the foods we eat to the services we rely on, from the neighborhoods we call home to the very character of our cities, the impacts of this proposed immigration crackdown could be far-reaching and long-lasting. As the nation watches and waits, these cities – vibrant, diverse, and economically vital – find themselves on the front lines of a policy that could redefine what it means to be an American city in the 21st century.
Bolanle Media is excited to announce our partnership with The Newbie Film Academy to offer comprehensive courses designed specifically for aspiring filmmakers. Whether you’re just starting out or looking to enhance your skills, our resources will provide you with the tools and knowledge needed to succeed in the competitive world of screenwriting. Join us today to unlock your creative potential and take your first steps toward crafting compelling stories that resonate with audiences. Let’s turn your ideas into impactful scripts together!
Business
How Trump’s Deportation Plans Could Reshape Major Cities
In the wake of Donald Trump’s recent election victory, his ambitious plans for mass deportations have thrust America’s urban centers into the spotlight. As the nation grapples with the potential implications of what Trump calls “the largest deportation operation in American history,” cities across the country are bracing for significant changes that could reshape their economic, social, and cultural landscapes.
The stakes are particularly high for metropolitan areas like New York, Los Angeles, Houston, Dallas, and Miami, which host the largest populations of unauthorized immigrants. These cities, along with other major urban hubs such as Chicago, Washington D.C., and San Francisco, stand at the forefront of a looming transformation that could reverberate throughout the nation.
Economic Tremors
Economists warn that the proposed deportations could send shockwaves through urban economies. Mark Zandi, chief economist at Moody’s, cautions that businesses would face “significant challenges” if a substantial number of immigrants were removed. Industries such as construction, hospitality, and healthcare—pillars of urban economies—could face severe labor shortages.
Joe Brusuelas, chief economist at RSM, emphasizes the potential ripple effects: “The native-born workforce cannot meet current labor demands.” This labor gap could lead to increased wages, potentially rekindling inflation—a concern that looms large over city planners and policymakers alike.
Community Fabric Under Strain
Beyond economic considerations, the social fabric of cities hangs in the balance. Elena, a Nicaraguan immigrant in Houston, voices a fear echoed in immigrant communities across the nation: “I’m scared… This is my home.” The threat of family separations, particularly in mixed-status households, casts a long shadow over urban neighborhoods.
Immigrant advocacy groups like FIEL are mobilizing, advising clients to prepare for “anything that can happen.” This atmosphere of uncertainty could lead to decreased community engagement and cooperation with local authorities, potentially impacting public safety and community cohesion.
Cities at a Crossroads
As the debate intensifies, cities find themselves at a crossroads. Some, like New York and Los Angeles, have historically positioned themselves as “sanctuary cities,” often at odds with federal immigration enforcement. The impending clash between federal policy and local governance promises to be a defining feature of this new political landscape.
Meanwhile, the logistical challenges of implementing such a massive deportation operation remain daunting. Questions abound regarding detention facilities, transportation networks, and the sheer manpower required to carry out Trump’s vision.
Looking Ahead
As America’s urban centers brace for potential change, the full impact of Trump’s deportation plans remains to be seen. Legal challenges are all but certain, and the resilience of America’s cities will be put to the test.
What is clear is that the coming months and years will be pivotal for urban America. As Jason Miller, a senior Trump adviser, puts it, the plan is to “immediately reinstate” immigration policies from Trump’s first term. For America’s cities, this could mean a period of unprecedented change, challenge, and, potentially, transformation.
As the nation watches and waits, the story of America’s cities in the face of this ambitious deportation plan is just beginning to unfold. The outcome will undoubtedly shape the future of urban life in America for years to come.
Bolanle Media is excited to announce our partnership with The Newbie Film Academy to offer comprehensive courses designed specifically for aspiring screenwriters. Whether you’re just starting out or looking to enhance your skills, our resources will provide you with the tools and knowledge needed to succeed in the competitive world of screenwriting. Join us today to unlock your creative potential and take your first steps toward crafting compelling stories that resonate with audiences. Let’s turn your ideas into impactful scripts together!
Business
Donald Trump Wins 2024 USA Election
Based on the election results, Donald Trump has indeed won the 2024 U.S. presidential election, defeating Vice President Kamala Harris. Here’s an analysis of the key statistics and implications:
Electoral College Victory
Donald Trump has secured the presidency by winning crucial battleground states and flipping some key states that were previously held by Democrats. The final Electoral College tally is still being determined, but Trump has surpassed the 270 electoral votes needed to win.
Battleground State Performance
Trump’s victory was largely secured by winning several critical swing states:
- Wisconsin: Trump’s win here was pivotal in securing his path to victory.
- Pennsylvania: This state flipped back to Republican control.
- Georgia: Another key state that Trump managed to win back.
- Michigan: Trump successfully flipped this traditionally Democratic stronghold.
Popular Vote and Voter Priorities
While the final popular vote tally is still being calculated, exit polls provide insight into voter priorities:
- Economy and democracy were top concerns for voters.
- Abortion and immigration also played significant roles in voter decision-making.
Congressional Control
The election results extend beyond the presidency:
- Republicans are set to take back the Senate majority, securing at least 51 seats.
- Control of the House of Representatives remains undetermined.
Media Implications
The outcome of this election could be seen as a challenge to mainstream media narratives for several reasons:
- Polling Discrepancies: Many pre-election polls suggested a tight race or even a slight Harris advantage in key states. Trump’s victory, particularly in battleground states, may indicate that polls underestimated his support.
- Narrative Shifts: Throughout the campaign, much of the mainstream media focused on Trump’s legal challenges and controversies. His victory suggests that these issues may not have resonated with voters as much as economic and policy concerns.
- Voter Priorities: The emphasis on issues like the economy and immigration in voter decision-making may indicate a disconnect between media focus and voter concerns.
- Electoral Predictions: Many mainstream outlets were cautious about predicting a Trump victory, even as results began to favor him. This hesitancy could be seen as a reflection of broader media skepticism about Trump’s chances.
- Underestimation of Trump’s Base: The results suggest that Trump’s core support remained strong and potentially grew, despite negative coverage in much of the mainstream media.
It’s important to note that while the election outcome may challenge some media narratives, it doesn’t necessarily invalidate all mainstream reporting. The complex factors influencing voter behavior and the challenges of accurate political forecasting remain subjects of ongoing analysis and debate.
As the dust settles on this historic election, both the media and political analysts will likely engage in extensive reflection on the factors that led to Trump’s victory and the implications for future political coverage and analysis.
Bolanle Media is excited to announce our partnership with The Newbie Film Academy to offer comprehensive courses designed specifically for aspiring screenwriters. Whether you’re just starting out or looking to enhance your skills, our resources will provide you with the tools and knowledge needed to succeed in the competitive world of screenwriting. Join us today to unlock your creative potential and take your first steps toward crafting compelling stories that resonate with audiences. Let’s turn your ideas into impactful scripts together!
-
Entertainment16 hours ago
Press Release: “Trapped,” A Feature Film
-
Entertainment1 week ago
What Chris Tucker and Jackie Chan Teach Us About On-Screen Chemistry
-
Advice16 hours ago
How to Create Unforgettable Movie Scenes
-
Advice2 weeks ago
The Impact of Music on Film Pacing
-
Advice2 weeks ago
Master the Art of Film Casting
-
Advice3 weeks ago
A Reality Check for Aspiring Filmmakers
-
Advice2 weeks ago
Reinventing Genres: Tips for Filmmakers
-
Advice2 weeks ago
Screenwriting Tips for Aspiring Filmmakers