DIRS.INFO The most relevant business & tech news

☆ How new grads can land a job after college, even as employers cut back on Class of 2024 hires
▼ + stars: | 2024-05-13 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

Those armed with a newly minted diploma are entering a job market that looks a little less promising than it did one year ago. Employers plan to hire about 5.8% fewer new college graduates from this year's class than they hired from the Class of 2023, according to a report from the National Association of Colleges and Employers. Some companies, in industries such as chemical manufacturing, finance, insurance and real estate, have pulled back after scaling up last year, according to NACE. However, there are still pockets of growth, mainly in miscellaneous manufacturing, utilities and professional services, NACE also found. "In terms of the quality and quantity, they can pursue jobs beyond the constraints of a particular zip code," Salemi said.

Persons: NACE, Vicki Salemi, Salemi Organizations: National Association of Colleges, Employers, Finance

☆ Mexico stocks are surging this year on reshoring bets, but big risks can knock down the rally
▼ + stars: | 2023-07-12 | by ( Sarah Min | ) www.cnbc.com time to read: +5 min

The Mexico nearshoring play is real, but investors should be aware of some pitfalls. Nearshoring — also called reshoring, onshoring, inshoring or backshoring — is helping drive Mexican stocks higher this year. For U.S. companies, there are compelling advantages to moving operations to Mexico from Asia, including geographical proximity, as well as low labor costs. "There is no nearshoring industrial revolution without electricity," according to a March note where Lippmann discusses Mexico's need to revamp its electricity infrastructure. According to Nace, the firm is the largest auto insurance company in Mexico, "similar to a Progressive in the United States.

Persons: —, Andrés Manuel López Obrador's, Meagan Nace, Nace, Morgan, Nikolaj Lippmann, Lippmann, Lippman, López Obrador, Tesla Organizations: U.S, Grupo, Artisan Partners, Companies, Partners, Semiconductor, New York Stock Exchange Locations: Mexico, Asia, Mexican, nearshoring, Baja California, United States, Monterrey, Nuevo Leon, U.S

☆ Trump won't call any witnesses to defend him in E. Jean Carroll rape trial, his lawyer says
▼ + stars: | 2023-05-03 | by ( Jacob Shamsian | Ashley Collman | ) www.businessinsider.com time to read: +3 min

Donald Trump's lawyers won't call witnesses in his defense in his rape and defamation trial. E. Jean Carroll sued the former president for allegedly raping her and then trashing her in public. Trump hasn't personally shown up to the trial, which has been going on for a week in Manhattan federal court. That means Trump won't present any case at all in the ex-president's defense. The attorney also said witnesses will see videos of a sworn deposition Trump took for the case prior to the trial, where he denies Carroll's allegations.

NEW YORK, May 1 (Reuters) - E. Jean Carroll returned to the witness stand in her rape and defamation civil case against Donald Trump, after the judge denied a defense request for a mistrial. Trump's lawyer Joe Tacopina began cross-examining Carroll for a second day, hoping to show jurors inconsistencies or holes in her claims against the former U.S. president. In seeking a mistrial, Tacopina wrote an 18-page letter early on Monday accusing U.S. District Judge Lewis Kaplan of bias against Trump. Trump's lawyer also challenged Kaplan's statement that Trump might be "sailing in harm's way" after his son Eric Trump discussed on Twitter how LinkedIn co-founder Reid Hoffman was helping fund Carroll's case. TRUMP NOT ATTENDING TRIALA businessman-turned-politician, Trump has not attended Carroll's trial, and on Monday was in Scotland for a short trip to visit his golf courses there and eventually in Ireland.

☆ How new grads can better their odds of landing a job even as employers cut back on college hires
▼ + stars: | 2023-04-19 | by ( Jessica Dickler | ) www.cnbc.com time to read: +1 min

The outlook for newly minted graduates doesn't look as good as it once did. Employers plan to hire about 4% more new college graduates from this year's class than they hired from the Class of 2022, according to a report from the National Association of Colleges and Employers. However, that's down significantly from earlier projections: In the fall, employers said they would boost hiring roughly 15% year over year. As those layoffs mount, job openings have also begun to fall. "We know companies are approaching 2023 with caution, though the economy is still creating jobs," said Andrew Challenger, senior vice president of Challenger, Gray & Christmas.

☆ Class of 2023 rejoice: Companies are ramping up hiring of new college grads as experienced workers are harder to find amid the labor shortage
▼ + stars: | 2022-11-06 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The labor market is still tight, but employers are ready to hire from the pool of new college graduates. NACE found that respondents plan to hire 14.7% more 2023 graduates compared to the class of 2022. That's good news for workers, especially recent college graduates. "For instance, in many cases it costs less to hire a recent college graduate compared to a mid-career or senior-level professional." But it noted "only 6% expect to cut back on hiring new college graduates."

High-profile hiring freezes in the tech industry raised alarms about the health of the job market. But career counselors at universities nationwide insist grads are still getting hired. For many new college grads, the summer's hazy afterglow of no more studying, exams, or group projects is counterbalanced with the pressure of the all-important job search. Insider interviewed a dozen college career counselors and undergraduate professors to get their takes on how the job market is holding up for recent grads. And amid volatility in the stock market, industry experts have predicted that layoffs are likely for some investment bankers.

Search resuls for: "Nace"

7 mentions found