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☆ Republicans are staunchly opposed to student-loan forgiveness, but Democrats think it goes 'hand in hand' with creating high-paying jobs
▼ + stars: | 2023-06-03 | by ( Ethan Dodd | ) www.businessinsider.com time to read: +6 min

Republicans and a few Democrats have voted to overturn Biden's student-loan forgiveness. Democrats defend Biden's student-loan forgiveness as part of a broader workforce development strategy to address the ongoing labor shortage and rebuild the middle class. "Student loan 'forgiveness' will benefit wealthy elites," Rep. Jim Jordan tweeted when Biden announced his student-loan forgiveness plan in August 2022. But Deluzio voted with all but two House Democrats to protect Biden's student-loan forgiveness. "Expansions of student debt forgiveness need to be matched dollar-for-dollar with investments in career & technical education.

Persons: it's, —, Biden's, Biden, he's, Jim Jordan, Joe Biden, Sen, Bill Cassidy, Jamaal Bowman, Bowman, Chris Deluzio, Deluzio, Marie Gluesenkamp Perez, Washington, Pell Grant Organizations: Service, Privacy, House Republicans, Biden's, Real America, Fox, Democratic Rep, York, Pennsylvania, Democrats, Pittsburgh Democrat, Republican, Brookings, New York Times, Institute Locations: Real, Ohio, Georgia, Philadelphia

☆ Ticks die when they bite him. This man's immunity to ticks could pave the way for a tick vaccine.
▼ + stars: | 2023-06-03 | by ( Emily Swaim | ) www.businessinsider.com time to read: +7 min

He has acquired tick resistance, which may help guide research and development of a tick vaccine. (But don't go searching for ticks just to try and build immunity, since you might contract a debilitating tick-borne disease.) "There clearly has been an increase in recent decades in the incidence of tick-borne disease in the human population. CDCThe latest US Centers for Disease Control and Prevention data reported 50,865 cases of tick-borne disease across the US in 2019. The Lyme disease vaccine currently in development would only protect against the bacteria Lyme borreliosis, meaning you could still get other tick-borne diseases.

Persons: Richard Ostfeld, welt, aren't, JUAN GAERTNER, Ostfeld, Ostfelt, Lyme, Remus Belododia, haven't Organizations: Service, for Disease Control, National Center for Emerging, Vector, CDC Locations: Lyme, Alaska, Maine

[1/2] Denmark's Prime Minister and head of the Social Democrats Mette Frederiksen speaks on the Workers' International Day at Arbejdermuseet (The Workers Museum) in Copenhagen, Denmark, May 1, 2023. "There is great respect in Europe for the work she has done as prime minister and for the person she is in international cooperation," he said. Frederiksen, a career politician who is also head of the Social Democratic Party, became the youngest-ever Danish prime minister in 2019. Many see her as too dominant and hungry for power," former Danish defence and justice minister Hans Engell told Reuters. When former U.S. President Donald Trump in 2019 proposed buying Greenland, a sovereign territory of the Kingdom of Denmark, Frederiksen dismissed the offer as "absurd".

Persons: Mette Frederiksen, Ritzau Scanpix, Emil Nicolai Helms, Frederiksen, Biden, Monday Frederiksen, Joe Biden, Jens Stoltenberg, Jonas Gahr Store, Jacob Kaarsbo, Hans Engell, Donald Trump, Tayyip Erdogan, Viktor Orban, Engell, Jacob Gronholt, Pedersen, Louise Breusch Rasmussen, Sharon Singleton Organizations: Denmark's, Social, Workers, The Workers Museum, REUTERS, NATO, U.S, Atlantic Treaty Organization, Social Democratic Party, Reuters, Hungary's, Thomson Locations: Copenhagen, Denmark, Ukraine, COPENHAGEN, Washington, NATO, Russia, Europe, Nord, Greenland, Kingdom of Denmark

☆ Opel has overcome chip crisis and seeks IT workers, CEO tells Business Insider
▼ + stars: | 2023-06-02 | by ( ) www.reuters.com time to read: 1 min

BERLIN, June 2 (Reuters) - The chief executive of Stellantis' German subsidiary Opel says the brand has overcome a shortage of semiconductors that has burdened the car industry in recent years, news outlet Business Insider reported on Friday. Opel CEO Florian Huettl told the outlet that the company was struggling with a rampant skilled labour shortage however. The company is seeking IT experts to work on "further electrification and the next steps in autonomous driving", Huettel said. Writing by Friederike Heine; Editing by Matthias WilliamsOur Standards: The Thomson Reuters Trust Principles.

Persons: Stellantis, Florian Huettl, Huettel, Friederike Heine, Matthias Williams Organizations: Opel, Business, Thomson Locations: BERLIN, German

☆ Opinion: Ambitious, tech-savvy and jobless. Why India’s young people could reshape the internet
▼ + stars: | 2023-06-02 | by ( Opinion Snigdha Poonam | ) edition.cnn.com time to read: +10 min

Her book, “Dreamers: How Young Indians Are Changing Their World,” was longlisted in 2019 for the PEN America Literary Awards. Unlike China, which leveraged its demographic dividend through large-scale factory employment, India’s economic growth does not rely on young workers manufacturing goods. Catering to a market of 750 million smartphone users, India’s fast-growing gig economy is attracting young workers in great numbers. As incidents of abuse and exploitation pile up, many of India’s gig workers are questioning their career choice. Feeding the social media monsterThere are other ways in which India’s young people are shaping the future of technology.

Persons: ”, Raju Rai, Rai, “, ” Rai, Dhiraj Singh, Mithun Kumar, Kumar, hyperlocal, Jewel Samad, Mohit Yadav, Monu Manesar Organizations: PEN, CNN, Delhi CNN, Facebook, Catering, Bloomberg, Getty, YouTube, Big Tech, Twitter, New York Times Locations: Delhi, India, Thailand, Indian, Varanasi, Bangkok, Myanmar, Uttar Pradesh, Kerala, Southeast Asia, Europe, China, Mumbai, Bihar, Covid, AFP

☆ A ‘Dirty’ Job That Few Want: Mining Companies Struggle to Hire for the Energy Transition
▼ + stars: | 2023-06-01 | by ( Yusuf Khan | ) www.wsj.com time to read: +10 min

Despite their part in the energy transition, mining companies face a perception of being in a “dirty” industry thanks to a legacy of mining disasters and accusations of worker exploitation and sexual assault. Canada’s mining and mineral-engineering enrollment was down 10% in 2020 compared with 2016, according to Canada’s Mining Industry Human Resources Council. SHARE YOUR THOUGHTS What message should mining companies deliver to young workers to attract them to the industry? Mining companies also face accusations of exploitation of local workforces. She hopes that younger workers will help mining companies evolve, taking on more social responsibility and improving their mining practices.

Persons: Lily Dickson, Mawson, ”, Alex Gorman, Peel Hunt, Rohitesh Dhawan, Alex Gorman “, Gorman, “, Haydon Mort, Stacy Hope, Cole Burston, Hope, Codelco, Centamin, Martin Horgan, Mort, Geologize, Jamie Kelsey Fry, Dickson, Yusuf Khan Organizations: University of Leeds, Leeds, Rio Tinto, McKinsey, U.S . National Center for Education Statistics, Canada’s Mining, Resources Council, Peel, International Council, Mining, Metals, Tinto, of Labor Statistics, Australian Bureau, Statistics, Geologize Ltd, BHP, . Workers, Bloomberg, Codelco, Chilean, Walmart, Recruiting, Centamin, Sustainable Business, “ Locations: Finland, Vancouver, Europe, U.S, Australia, Rio, South Africa, Lily Dickson Canada, Botswana, “, Saharan Africa, Ontario, Canada, Chile, Africa, Congo, Ghana, Zimbabwe, yusuf.khan

☆ After a year of fighting in Ukraine, the brutal logic behind Russia's 'human wave' attacks is becoming clear
▼ + stars: | 2023-06-01 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

At the bottom of the hierarchy is what RUSI terms "disposable infantry." According to the RUSI report, the term "human wave attacks" has been misleadingly applied to the way Russia has employed these infantry forces. The assault troops attack in larger company-size formations, backed by tanks and artillery as they attempt to outflank Ukrainian defenses. Once their mission is complete, assault forces are replaced by line and disposable infantry, who begin preparing for the next attack. Disposable troops are fed into the meat-grinder and killed or wounded before they can gain enough experience to survive.

Persons: —, Wagner Group's, Arkady Budnitsky, Wagner, They're, Diego Herrera Carcedo, demographically, Michael Peck Organizations: Service, Royal United Services Institute, Anadolu Agency, Getty, Wagner Group, Donetsk People's Republics, Russian, Soviet, —, Defense, Foreign Policy, Twitter, LinkedIn Locations: Ukraine, Russia, Russian, British, Rostov, Luhansk, Donetsk, Kharkiv, Forbes

Economists expect such examples to become increasingly common in coming years, as a glut of university graduates and a shortage of factory labour due to an ageing workforce deepen China's job market imbalances. The industries most popular among fresh Chinese graduates, such as tech, education, real estate and finance, have all faced regulatory crackdowns in recent years. Reuters Graphics'ROLL UP YOUR SLEEVES'It is unclear exactly how many graduates are taking jobs below their skill level, but state media has acknowledged the trend. President Xi Jinping repeatedly exhorted young people to "seek hardships" in a recent state media article emphasising his suffering during the Cultural Revolution. China's education and human resources ministries did not immediately respond to requests for comment.

Persons: Thomas Peter, Liang Huaxiao, Liang, Keyu Jin, Xi Jinping, today's, Chim Lee, Jobs, Han Zhaoxue, master's, Wang, Laurie Chen, Marius Zaharia Organizations: REUTERS, Economist Intelligence Unit, Thomson Locations: Beijing, China, BEIJING, Taiyuan, Shanghai, Jining

☆ As retirement confidence drops, experts say focusing on these 4 factors can help
▼ + stars: | 2023-05-31 | by ( Lorie Konish | ) www.cnbc.com time to read: +5 min

Decide where you will live in retirement— Key deadline to watch: The sooner, the better. While you may start your Social Security retirement benefits as early as age 62, eligibility for Medicare generally does not start until age 65. Choose when to claim Social Security benefits— Key deadline to watch: By age 60, you should go to the Social Security Administration website and review your statement, recommends Copeland. When to claim Social Security retirement benefits is one of the big questions retirees face. "The later you can file for Social Security, the better it is as far as the amount you're going to get," John said.

Persons: Craig Copeland, Copeland, Dann Tardif, Susan Reinhard, It's, Reinhard, Jane Sung, Sung, Rupp, John Organizations: AARP, Institute, Social, Medicare, Security, State Health Insurance, Social Security, Social Security Administration, Sporrer, Getty

Bernstein said it's bullish on electric power infrastructure company Quanta Services "in a full embrace of the energy transition." "PWR owns the picks and shovels that will be used to make the energy transition a reality," analyst Chad Dillard wrote in a Monday note. Dillard estimated transitioning the entire U.S. economy to electric power will require $2 trillion of power grid spending. PWR has more labor than the next 3 competitors combined, and can mobilize and deploy labor better than anyone else," said Dillard. Quanta's business is also positioned to benefit from the Inflation Reduction Act spending, which is driving an increase in solar and wind farm construction, Dillard added.

☆ Casey DeSantis' mission on the 2024 campaign trail is to bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-30 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

Ron DeSantis' wife, Casey DeSantis, is a chief confidant key to his political rise. He finished boasting about his "Florida Blueprint," and then his wife, Florida first lady Casey DeSantis, glided onstage. In the geography was Casey DeSantis' autobiography: raised in Troy, Ohio, and college-educated at the University of Charleston. As Florida's first lady, Casey DeSantis' initiatives included childhood emotional resiliency, child welfare, and — as a breast-cancer survivor herself — cancer research. "They did not want woke ideology shoved down the throats of their five years olds while they were in school," Casey DeSantis said.

☆ China's youth unemployment hits a record high, deepening its economic scars
▼ + stars: | 2023-05-29 | by ( Clement Tan | ) www.cnbc.com time to read: +6 min

In this article GSBDGS Follow your favorite stocks CREATE FREE ACCOUNTChina's young face the prospect of dimmer economic gains amid record youth unemployment in the world's second-largest economy. "The expansion of college education in the late 1990s created this huge influx of college graduates, but there is a misalignment between demand and supply of high skilled workers. "Increasingly, college graduates are taking up positions that are not commensurate with their training and credentials to avoid unemployment," Lu told CNBC. China's young face the prospect of dimmer economic gains amid record youth unemployment in the world's second-largest economy. "But the plan was for China's economy to transform from labor-intensive industry to more technological, with a strong service-oriented, knowledge economy," Yeung added.

☆ Disney scrapping a $1 billion campus in Florida could screw over adjacent developers banking on it to build their own projects: report
▼ + stars: | 2023-05-29 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Disney's decision to scrap its $1 billion campus could affect projects nearby. CoStar Group told The Wall Street Journal that thousands of homes were built after Disney announced its campus in 2021. However, the development group that owns the land says that Disney's decision will not affect it. Hundreds of employees set to work at the new campus had already moved to Lake Nona before Disney announced they would be abandoning the plan. They also told the Journal that 95% of the multifamily housing at Lake Nona is currently being occupied.

☆ There's a big debate over whether it's OK to use AI in your job search. Some companies say it's 'a definite dealbreaker.'
▼ + stars: | 2023-05-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

Many job seekers have started using ChatGPT and similar AI tools to write résumés and cover letters. 39% of surveyed HR professionals said using AI in applications is a dealbreaker. Some recruiters said that using AI to write applications could be a "marketable skill." Plovie added that it's hard to say if companies will seek job candidates who have "expertise and experience" with AI tools. Are you an employer who doesn't want job candidates using AI tools to help with their résumés or cover letters?

☆ Phil Hartman: 25 years after the actor’s tragic death, his work still resonates
▼ + stars: | 2023-05-28 | by ( Lisa Respers France | ) edition.cnn.com time to read: +3 min

CNN —Twenty-five years after Phil Hartman’s tragic death, his memorable comedic work still brings joy to audiences. That work included eight seasons on “Saturday Night Live,” where his impressions of Frank Sinatra and President Bill Clinton set a gold standard. (From left) Dennis Miller, Jon Lovitz and Phil Hartman during the 'Weekend Update' segment on "Saturday Night Live" in December 1986. He was the actor [and] entertainer, and then he was the recluse.”“Seeing Phil at The Groundlings was Phil being truly Phil,” she added. In an interview shortly before his death, Hartman reflected on his appreciation for his life and the success he had found.

☆ Russian Attack Leaves at Least 1 Dead in Kyiv
▼ + stars: | 2023-05-27 | by ( Andrés R. Martínez | ) www.nytimes.com time to read: +1 min

At least one person was killed and another was injured on Sunday morning in Kyiv as Russia fired its latest wave of missiles and drones at the Ukrainian capital. A 41-year-old man died after fragments from a drone that was shot down fell on a gas station in western Kyiv, said Vitali Klitschko, the mayor of Kyiv, on his Telegram channel. Ukraine’s armed force have become adept at intercepting the Russian barrages, often shooting down dozens of drones and missiles. As of this month, Ukraine has been using U.S.-made Patriot antimissile systems, one of the most advanced air defense systems, as part of its growing arsenal of weapons. And while some analysts have cast doubt on the abilities of the Kinzhal, Ukraine’s defense against them demonstrates a great capability to withstand Russia’s arsenal, which includes Iranian-made Shahed-136 drones.

☆ The DeSantis campaign will test whether Casey DeSantis can bring suburban women back to the GOP after Trump lost them
▼ + stars: | 2023-05-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +16 min

☆ How Italy’s Heart of Gold is Melding with More Modern Jewelry Machinery
▼ + stars: | 2023-05-26 | by ( Victoria Gomelsky | ) www.nytimes.com time to read: +2 min

It also is a hub for jewelry companies that continue to promote traditional handicrafts even as they experiment with cutting-edge techniques such as powder metallurgy — reducing precious metals to powder to be used in 3-D printing, or what the industry calls additive manufacturing. It is the kind of advancement that will allow jewelers to execute designs that are impossible to achieve through traditional casting methods, ensuring both quality and consistent results. “Vicenza is, without any doubt, the technological core of the machinery production for the gold sector,” Giovanni Bersaglio, the chief operation officer at Berkem, a supplier of plating equipment and chemical solutions for the jewelry industry, based in nearby Padua, wrote in an email. In 2022, exports of Italian gold and silver jewelry reached 9.8 billion euros (about $10.5 billion), a 22.5 percent increase over the same period in 2021, and a 40.8 percent increase over the same period in 2019, according to Confindustria Federorafi, a national association representing companies in Italy’s jewelry manufacturing sector. Damiano Zito, the chief executive of Progold, which designs and manufactures jewelry in Trissino, a small town about 15 miles west of Vicenza, said the pandemic highlighted an issue that has plagued the Italian industry for the better part of the past decade: its dwindling number of skilled workers.

☆ This 42-year-old mom makes over $200,000 without a bachelor's degree—here's how
▼ + stars: | 2023-05-25 | by ( Morgan Smith | ) www.cnbc.com time to read: +6 min

In recent years, however, interest in the profession has plummeted, leading to a national shortage of at least 5,000 reporters, according to the Association for Court Reporters and Captioners. Yet court reporting ticks a lot of boxes on jobseekers' wish lists, says Irene Nakamura, a court reporter in California for more than 30 years and Rodriguez's mentor. In 2022, Rodriguez made about $235,315 as a freelance court reporter, according to tax documents reviewed by CNBC Make It. Court reporters also must pass a state-approved exam in order to become certified. In addition to their base salary, court reporters are compensated on a per-page basis for transcripts they produce during court proceedings, according to Nakamura.

Persons: Cynthia Rodriguez, Rodriguez, Irene Nakamura, Nakamura Organizations: Association for Court, CNBC, Bakersfield Community College, National Court Reporters Association, Superior Court Locations: Bakersfield , California, U.S, California, Delano , California, Bakersfield, Kern

☆ I used ChatGPT for my résumé and got back poor results and pretentious gobbledygook
▼ + stars: | 2023-05-22 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +4 min

I asked ChatGPT, OpenAI's chatbot, to punch up my résumé and the results were less than spectacular. While ChatGPT can offer some inspiration for your résumé, you still need to put in the work. But even with all that guidance, résumé writing remains a tedious task. I assumed it could offer helpful assistance for résumé writing, too. Further down, ChatGPT recommended I use words including "influential" and "prestigious" to describe my former employers.

[1/5] Portuguese surfer Teresa Bonvalot smiles after winning her heat in the Sydney Surf Pro on Sydney’s Northern Beaches, Australia, May 19, 2023. REUTERS/Lincoln FeastMay 22 (Reuters) - When Portugal's Teresa Bonvalot qualified for the Tokyo Games in 2021 as a then 21-year-old, she had barely a month to prepare for surfing's Olympic debut and the biggest event of her life. Now, more than a year out from the Paris Games, Bonvalot has again booked an Olympic ticket and is relishing the extra time to ready her mind, body and equipment. "That was unbelievable to get the news to mark my spot there," Bonvalot said during a competition in Australia last week. A total of 24 women's places are available, with the International Surfing Association's World Surfing Games in El Salvador this month providing the next qualification spots.

☆ Mexico to announce work visa program for Central Americans
▼ + stars: | 2023-05-22 | by ( ) www.reuters.com time to read: +1 min

MEXICO CITY, May 22 (Reuters) - Mexico will present a program this week to give Central Americans temporary visas to work on public infrastructure projects, President Andres Manuel Lopez Obrador said Monday. Such projects require more people such as welders, iron-workers and engineers, Lopez Obrador told his regular daily news conference. "We need a workforce for these projects, especially if it's skilled labor," Lopez Obrador said. Lopez Obrador has long pushed for investment in Central America to stem the migration of thousands of people every year fleeing poverty and violence in Guatemala, Honduras and El Salvador. He has also sought to boost development in the impoverished southern region of Mexico, which sits near the border with Guatemala.

☆ The Optimist’s Guide to Artificial Intelligence and Work
▼ + stars: | 2023-05-20 | by ( Sarah Kessler | Ephrat Livni | ) www.nytimes.com time to read: +2 min

Brynjolfsson and his co-authors of a study compared the call center employees who used the tool to those who didn’t. Customer sentiment was also higher and employee turnover lower in the group that used the tool. “That offers an opportunity to enable more workers to do valuable work that relies on some of that expertise,” he said. tool for some tasks may free up workers to expand their work on tasks that can’t be automated. Of course, there’s no guarantee that workers will be qualified for new jobs, or that they’ll be good jobs.

☆ Jen Shah and Elizabeth Holmes, both convicted of fraud, can take business skills classes at the Texas prison where they'll serve their sentences
▼ + stars: | 2023-05-20 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Elizabeth Holmes will be staying at the same prison camp as Real Housewives star Jen ShahThe Texas women's prison offers business skill classes to all inmates. Both Holmes and Shah have been convicted of fraud relating to their business practices. Elizabeth Holmes is set to begin her 11-year sentence for fraud related to her failed blood-testing business at a prison camp in Texas that, ironically, offers business classes to inmates, according to an inmate orientation handbook. Holmes was convicted in November 2022 of three charges of wire fraud and one conspiracy to commit wire fraud charge after a jury found she defrauded investors in her health tech company Theranos. It's not all bad though: the prison offers wellness classes, arts and crafts, and leisure programs.

☆ Qantas eyes return to 100% of pre-COVID capacity by March 2024
▼ + stars: | 2023-05-19 | by ( ) www.reuters.com time to read: +1 min

May 19 (Reuters) - Qantas Airways Ltd (QAN.AX), Australia's flagship carrier, said on Friday it expects its international capacity to reach about 100% of pre-COVID-19 levels by March 2024, as it plans to add more seats and aircraft to its global network. The carrier plans to add about 1 million seats to its international network over a 12-month period starting late-October, Qantas said. "The rebound in demand for international travel since borders reopened has been incredibly strong...," CEO Alan Joyce said in a statement, while flagging a mismatch between supply and demand for international flying. Qantas swung to a record profit in the first half of this financial year as raging travel demand jacked up fares and earnings. The airline will need about 300 more pilots and cabin crew by the end of the year to support extra flying, it said.

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