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Entry-level jobs are typically thought of as positions requiring little to no prior experience or skills. But it's a longstanding gripe among job seekers on social media that job listings' requirements are more ambitious. "Companies listing 'Masters preferred' for entry level office positions," posted another. In a 2022 report from McKinsey & Company, the second-most-cited barrier to employment was a lack of experience, relevant skills, credentials or education. Less than 61% of human resources leaders said in 2023 that they are hiring for entry-level and less-specialized positions, down from 79% in 2022, according to a PwC survey.

Persons: Julia Pollak Organizations: Finance, Treasury Department, McKinsey & Company Locations: TestGorilla

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy job listing qualifiations feel absurdLacking enough or the right experience, skills, credentials and/or education ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. The cooling labor market has made it more difficult to find a job. Kory Kantenga, Senior Economist at LinkedIn, said that is felt acutely in the entry-level job market. Some workplace experts blame inflated job requirements and layoffs of recruiters, while others point to a skills miss-match between available jobs and recent graduate degrees.

Persons: Kory Kantenga Organizations: McKinsey & Co, LinkedIn

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Congress is regulating artificial intelligenceSome businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some of the biggest names in tech, could someday change how work gets done in the U.S. As the technology shuffles up white-collar work in the U.S., some policymakers are pitching ideas like 32-hour work weeks and robot taxes. Meanwhile, other countries are banning high-risk uses of AI in sectors like education and financial services.

Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEconomists discuss the effects of climate change on the U.S. economyAs the climate crisis continues to pose a global threat, top economists are debating its effects on the U.S. economy. In this episode of "The Bottom Line," see how renowned economists such as Jeffrey Sachs and Mark Zandi forecast the economic impact.

Persons: Jeffrey Sachs, Mark Zandi Locations: U.S

☆ How the climate crisis will affect the U.S. economy: Top economists Jeffrey Sachs, Nouriel Roubini and Mark Zandi discuss
▼ + stars: | 2024-03-17 | by ( Jack Hillyer | In Jackhillyer | ) www.cnbc.com time to read: +1 min

As the climate crisis continues to pose a global threat, top economists are debating its effect on the U.S. economy. Mark Zandi, chief economist at Moody’s Analytics, projects "physical risks" will be the biggest economic cost over the next 10 to 20 years. Zandi also projects transition costs associated with moving from a fossil fuel-dominated economy to one driven by green energy will put a weight on the U.S. economy. Nouriel Roubini, an economics and international business professor at New York University, says there will be pressure from stakeholders and society to make a green transition. Watch the video above to see how top economists predict the climate crisis will affect the U.S. economy.

Persons: Mark Zandi, Jeffrey Sachs, ”, Sachs, Labor Robert Reich, Nouriel, Mariana Mazzucato Organizations: Moody’s, Columbia University, Labor, New York University, University College London Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy getting a job feels so difficult right nowThe job market looks solid on paper. In 2023, U.S. employers added 2.7 million people to the payroll, according to the Bureau of Labor Statistics. But it's a different story for active job seekers. A staffing firm Insight Global found that recently unemployed full-time workers applied to an average of 30 jobs, only to receive an average of four callbacks or responses. So why does it feel so hard to get a job right now and is the U.S. labor market as strong as it seems?

Organizations: Bureau of Labor Statistics, Insight Global Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy the U.S. will remain the world's leading economy for longer than expectedEconomists believe the U.S. could lose its ranking as the world's leading economy in the 21st century, as measured by gross domestic product. But the U.S. is set to extend its run through the 2020s, on the back of slower-than-expected growth trends in China. Investors are now placing fresh bets on emerging markets as the working-age population booms in the Indo-Pacific.

Organizations: Investors Locations: U.S, China

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy New York will charge up to $23/day to drive into ManhattanDrivers crossing through Manhattan's central business district will face a new toll beginning in the Spring of 2024. The fee is expected to be between $9 and $23 per day for drivers entering or exiting during peak traffic hours. Regional planners believe "congestion pricing" will nudge more drivers onto transit. The MTA is using the toll revenues to reinvest in its aging infrastructure. The funds will go toward improvements to system reliability, accessibility and sustainability.

Organizations: Manhattan Drivers, MTA Locations: York, Manhattan's

☆ Georgia looking to cause an upset at the Rugby World Cup
▼ + stars: | 2023-09-22 | by ( Jack Hillcox | ) edition.cnn.com time to read: +8 min

Today, Maisashvili is in France leading Georgia at the 2023 Rugby World Cup. Having lost 35-15 against Australia in its Rugby World Cup opener, Georgia hopes to bounce back against Portugal this Saturday, then against Fiji and Wales in its final pool C game. David Mdzinarishvili/ReutersThe Georgian national rugby team was formed in 1964, but was initially subsumed by the Soviet Union rugby federation. Despite making up a tiny portion of the Soviet Union, Georgian players were one of the dominant forces in the larger nation’s rugby team. The nation’s rugby team suffered after gaining independence, leading to serious lack of resources.

Persons: CNN — “, ” Levan Maisashvili, Maisashvili, Levan Maisashvili, Georgia's, Levan Verdzeuli, Nika Abuladze –, David Mdzinarishvili, ” Tony Collins, Huw Richards ’, Collins, “, Bidzina Ivanishvili, Forbes, ” Maisashvili, ”, Warren Little Organizations: CNN, rugby, Italy, –, Georgian, CNN Sport, ” Rugby, Scotland, Australia, Rugby World, Portugal, Fiji, Humble, Georgian national rugby team, Soviet Union rugby, Soviet Union, Soviet national, Institute of Sports Humanities, Rugby, Reuters, Nations, Northern Hemisphere, Rugby Championship, Southern Hemisphere Locations: South Africa, Wales, France, Georgia, Shukhuti, Soviet, Georgian, “ Georgia, Fiji, Toulouse

LONDON, July 4 (Reuters) - Britain on Wednesday celebrates 75 years of its National Health Service (NHS), with royals, politicians, staff and patients expressing pride in its past and determination that it will endure in the future despite current challenges. "Wishing everyone a very happy 75th birthday of the NHS," William said, and his wife Kate added: "thank you so much for all you do." "It was a turning point in history for the health of Great Britain," she said, adding that the NHS had saved the life of both of her children after brain haemorrhages. "After the horrors of the war, Great Britain was broken. So to have a National Health Service come into fruition, was like throwing a comfort blanket around the people of Great Britain."

Persons: Rishi Sunak, Jack Hill, King Charles, William, Kate, Aneira Thomas, Aneurin Bevan, Alistair Smout, Michael Holden, Susan Fenton Organizations: Wednesday, National Health Service, Labour, NHS, British, Westminster Abbey, Thomson Locations: Britain, St, Central London, Scotland, Great Britain

☆ Meet these unintentional ASMR celebrities
▼ + stars: | 2023-06-24 | by ( Jack Hillcox | ) edition.cnn.com time to read: +13 min

ASMR videos come in all shapes and sizes. Although the content of ASMR videos varies tremendously, what remains consistent is the physical impact they have on viewers who are susceptible to them. Despite the work these creators put into their videos, accidental ASMR is one of the most popular sub-genres for viewers. The dominance of this setup amongst ASMR fans may all be down to the legacy of one man who is a legend among fans of accidental ASMR, but was, for a very long time, completely unaware of ASMR’s existence. Scroll through the comments section of most ASMR videos, and it won’t be long until you find people referencing a line spoken by Kelly.

Persons: James Gill, Bear Grylls, Gill, nonchalantly, “, ASMR, Giulia Poerio, Bob Ross, Acey Harper, Ross, Billie Eilish, Zoë Kravitz, Dr, ” Gill, James Kelly, Pat LaFontaine, LaFontaine, Kelly, ” Kelly, – Kelly, Dr Kelly, he’s, Ieuan Rees, Rees, ”, I’ve, I’d, influencers clamoring Organizations: CNN, Warwick University Medical School, YouTube, Sensory, University of Essex, Marcus Institute, Brain Health, University of Colorado, Artisan Media Locations: TikTok, ASMR, Brainline

Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.

Charles’ coronation is expected to be shorter than his mother’s seven decades ago. The spot where King Charles will be crowned inside Westminster Abbey Dan Kitwood/Getty ImagesWhat happens during the coronation service? Which crown will King Charles use? How is King Charles making the ceremony more inclusive? Don’t missThe coronation of King Charles III brings pageantry, revelry, and new questions – is the monarchy relevant in the modern world?

Coronations at Westminster Abbey go back almost one thousand years. Like Charles III, William had his coronation at Westminster Abbey. Gross says coronation blunders do not become truly significant for monarchs until their reign starts to go wrong. A “beautiful and symbolic” silver cross containing a piece of the so-called True Cross will lead King Charles’ coronation procession in London next month. Meanwhile, gun salutes will sound from military bases and ships at sea to mark the moment Charles is crowned King.

Register now for FREE unlimited access to Reuters.com RegisterPin-drop silence fell over London's Hyde Park nearby as thousands of people, who for hours had picnicked and chatted, went quiet the second the queen's coffin appeared on screens erected for the occasion. Inside the abbey, lines of scripture were set to music that has been used at every state funeral since the early 18th century. Among those walking behind the casket was the queen's great-grandson and future king, nine-year-old Prince George. Those who had camped out in nearby streets were watching the service on smartphones, while hush descended along the Mall, one of London's grand ceremonial boulevards, as the funeral service was relayed live through loudspeakers. 1/35 The funeral of Her Majesty Queen Elizabeth II in Westminster Abbey.

Inside the abbey, lines of scripture were set to music that has been used at every state funeral since the early 18th century. Those who had camped out in nearby streets were watching the service on smartphones, while hush descended along the Mall, one of London's grand ceremonial boulevards, as the funeral service was relayed live through loudspeakers. 1/35 The funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. The 40th sovereign in a line that traces its lineage back to 1066, Elizabeth came to the throne in 1952, Britain's first post-imperial monarch. "Queen Elizabeth II was without any shadow of a doubt the best known figure in the world, the most photographed person in history, the most recognisable person," historian Anthony Seldon told Reuters.

☆ Factbox: World leaders to attend Queen Elizabeth's funeral
▼ + stars: | 2022-09-12 | by ( ) www.reuters.com time to read: +6 min

Canadian Prime minister Justin Trudeau and Sophie Gregoire Trudeau attend the funeral of Her Majesty Queen Elizabeth II in Westminster Abbey. Jack Hill/Pool via REUTERSRegister now for FREE unlimited access to Reuters.com RegisterLONDON, Sept 19 (Reuters) - Queen Elizabeth's state funeral will take place in London on Monday and a host of world leaders, royalty and other dignitaries will attend. Countries that have not been invited include Syria and Venezuela because London does not have normal diplomatic relations with those states. Britain has also not invited representatives from Russia, Belarus or Myanmar after it imposed economic sanctions on those countries. Related ContentFactbox: Plans for Queen Elizabeth's state funeral on MondayFactbox: Comments from crowds in London on Queen ElizabethFactbox: World leaders to attend Queen Elizabeth's funeralFactbox: Order of service for Queen Elizabeth's state funeralWindsor Castle, Queen Elizabeth's home and now final resting placeWestminster Abbey - traditional church for royals in life and death(This story was refiled to correct spelling of first name of Belize governor general)Register now for FREE unlimited access to Reuters.com RegisterCompiled by Farouq Suleiman and Kate Holton Editing by Deepa Babington and Frances KerryOur Standards: The Thomson Reuters Trust Principles.

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