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☆ I'm an influencer who made $500,000 in brand deals, and invested all of it into a startup I launched to help other creators file their taxes
▼ + stars: | 2023-04-26 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

He's also a licensed tax expert who founded a startup helping creators organize and file taxes. In 2021, he invested $500,000 he earned from brand deals into the company and has said it paid off. This as-told-to essay is based on a conversation with Duke Alexander Moore, founder and CEO of creator startup Duke Tax. In December 2018, when I was still in college, I founded a tax-service startup, now known as Duke Tax, which helps influencers organize and file their taxes. As freelancers, their taxes are a bit complicated, so Duke Tax fills that gap.

☆ I'm a TikToker who founded a startup to help influencers file their taxes. I invested $500,000 I earned from brand deals into my business and it paid off.
▼ + stars: | 2023-04-21 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

☆ Upfront's Mark Suster has become the star of LA's booming startup scene. Not everyone is a fan.
▼ + stars: | 2023-04-18 | by ( Ben Bergman | ) www.businessinsider.com time to read: +29 min

"I have worked with more than 50 VCs and nobody comes close to what it is like to work with Mark Suster," said a founder backed by Suster. "Mark and the Upfront Summit helped put LA tech and investing on the map," said Jeffrey Katzenberg, the cofounder of DreamWorks and WndrCo. Several years ago, a founder whose startup Suster invested in was in a conference room rehearsing their presentation for the Upfront Summit. If you're going to put him on your board, you're letting the fox guard the henhouse. "If you're going to put him on your board, you're letting the fox guard the henhouse."

☆ Bosses Want Workers in Offices So Much That They Are Paying to Move Them
▼ + stars: | 2023-04-17 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

Companies are bringing back relocation benefits, paying for workers to move across the country and around the world again, in a sign of how much bosses really do want workers back in the office. Job postings in the U.S. that mention relocation benefits were up nearly 75% as of February, the latest month available, when compared with the prior year, according to hiring platform Indeed.com. On ZipRecruiter , job ads that tout relocation money have more recently doubled to 3.8 million, after falling under two million in 2020.

☆ Bosses Pay Workers to Move Closer to Offices
▼ + stars: | 2023-04-17 | by ( Ray A. Smith | ) www.wsj.com time to read: 1 min

☆ Stop worrying about the perfect interview answer and don't send in a ChatGPT cover letter: How to get your next job, according to 3 tech recruiters
▼ + stars: | 2023-04-16 | by ( Nidhi Pandurangi | ) www.businessinsider.com time to read: +1 min

About 333,000 tech workers were laid off in 2022 and 2023, according to data compiled by layoffs.fyi. We asked three tech recruiters to share their best tips for finding a job. About 333,000 tech workers got laid off in 2022 and 2023, according to data compiled by layoffs.fyi. Things started unraveling in late 2022 when tech company after tech company started announcing broad layoffs. Julia Pollock, the chief economist at American hiring platform ZipRecruiter, told the Wall Street Journal that in April 2022, there were over 10,000 job openings for tech recruiters.

☆ Get ready for a Goldilocks summer featuring a job market that's neither too hot nor too cold
▼ + stars: | 2023-04-12 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +5 min

It's set up a Goldilocks situation heading into summer, where the job market is cooling, but not enough to have an adverse effect on the average American. That could mean a summer of fewer price spikes at the grocery store, and less businesses scrambling to hire, while workers maintain some power in the job market. "We're still in a hot labor market," Nick Bunker, the economic research director for North America at Indeed Hiring Lab, told Insider. Getting to a just-right job marketBunker told Insider the US job market is getting close to something that looks like what we saw prior to the pandemic. If they did, it would represent a job market tipping into the "too cold" zone.

☆ This side hustle for night owls is in high demand—and can pay up to $50 per hour
▼ + stars: | 2023-04-11 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Leisure and hospitality added 72,000 jobs in March, according to the Bureau of Labor Statistics. Check out Qwick, ZipRecruiter and JitjatjoThere are many ways to go about getting a job in hospitality. Gigs through the sites can bring in minimum wage to about $30 per hour, says Kristof. You can also scour local bars, restaurants and cafes for openings, or reach out to local event spaces to see if they're hiring. Restaurant workers make an average of $14 per hour, according to ZipRecruiter, while event staff make an average of $15 per hour.

☆ The job market is clearly starting to slow down
▼ + stars: | 2023-04-07 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

The US added 236,000 jobs in March less than the revised gain for February. The job gain in March was also below February's revised gain. While the payroll gain in March was below February's job creation, the labor market is still showing some strength, according to today's report and Job Openings and Labor Turnover data. Job openings tumbled by 632,000 in February to 9.9 million. However, the level is still above the 7 million openings in February 2020 before the pandemic.

☆ Where jobs were gained and lost in March
▼ + stars: | 2023-04-07 | by ( Bryan Mena | ) edition.cnn.com time to read: +4 min

Government employers and the professional and business services industry also hired at a solid clip last month. Strongest gainsLeisure and hospitality employers added 72,000 jobs last month, the most of any industry. Health care businesses added 34,000 jobs and employment in the business services sector — which includes many white-collar jobs such as accountants, engineers, and consultants — grew by 39,000. The construction industry lost 9,000 jobs in March, the first decline in construction employment in more than a year and the largest job loss in the sector since May 2021 -— though still a drop of just under 1.1%. But while new residential construction has slowed over the past year, construction jobs have held up, mostly because of a backlog in construction projects, Swonk said.

☆ ‘We’re at a tipping point:’ What to expect from the jobs report
▼ + stars: | 2023-04-07 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —The US labor market has kept trucking right along even as other areas of the economy have slowed. ET Friday when the Bureau of Labor Statistics drops the heavily anticipated jobs report for March. On Wednesday, the latest private-sector jobs report from payroll processor ADP came in at 145,000 for March, landing below expectations. There still remains uncertainty about the extent to which those and other layoffs may ripple through the broader labor market. The Bureau of Labor Statistics is set to release its March jobs report at 8:30 a.m.

☆ Job growth totals 236,000 in March, near expectations as hiring pace slows
▼ + stars: | 2023-04-07 | by ( Jeff Cox | ) www.cnbc.com time to read: +1 min

watch nowNonfarm payrolls rose about in line with expectations in March as the labor market showed increased signs of slowing. The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February. "I have never seen a report align with expectations as much today's over the last two years." Leisure and hospitality led sectors with growth of 72,000 jobs, below the 95,000 pace of the past six months. While the February report was revised up from its initially reported 311,000, January's number moved lower to 472,000, a reduction of 32,000 from the last estimate.

Since 1977, the Federal Reserve has focused on creating maximum employment and maintaining stable prices, commonly known as the dual mandate. "[Maximum employment is] this more sort of amorphous thing," Rucha Vankudre, a senior economist at labor market analytics firm Lightcast, told CNBC. However, at the Federal Open Market Committee news conference in January 2022, Federal Reserve Chairman Jerome Powell announced that "labor market conditions are consistent with maximum employment." Maximum employment is also difficult to quantify because existing measures of employment, such as the unemployment rate or the labor force participation rate, often do not account for certain groups of people. Watch the video above to learn more about what maximum employment really means and how inflation impacts employment.

☆ ‘We’re at a tipping point:’ What to expect from the jobs report on Friday
▼ + stars: | 2023-04-06 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —The US labor market has kept trucking right along even as other areas of the economy have slowed. Just how much of a shift there is could become even clearer on Friday when the Bureau of Labor Statistics drops the heavily anticipated jobs report for March. On Wednesday, the latest private-sector jobs report from payroll processor ADP came in at 145,000 for March, landing below expectations. There still remains uncertainty about the extent to which those and other layoffs may ripple through the broader labor market. The Bureau of Labor Statistics is expected to release its March jobs report on Friday at 8:30 a.m.

☆ Fake jobs hide cooler reality for US workforce
▼ + stars: | 2023-04-04 | by ( ) www.reuters.com time to read: +2 min

With listings for positions that don’t exist, dubbed ghost jobs, and stale postings complicating the monthly openings count, the latter signal is probably closer to reality. The Bureau of Labor Statistics reported 9.9 million job openings in February on Tuesday, still up 42% from the last pre-pandemic reading. Unique job postings collected from hundreds of websites have fallen back to early 2020 levels, according to ZipRecruiter. Nearly half of hiring managers said they left job openings up to give the impression their firm was growing, small-business lender Clarify Capital found in a summer survey. The discrepancy matters, since a still-elevated count probably worries the Federal Reserve, which views strong labor demand as a major contributor to inflation.

☆ Pay for low-wage workers grew 'tremendously fast' in the last 3 years—but experts don't think it'll last
▼ + stars: | 2023-03-30 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

It's the biggest hike they've seen in decades as measured by business cycles, which are periods of economic growth followed by a contraction and possible recession. "This finding really popped out at me that low wage workers saw this tremendously fast wage growth over the last three years," says Elise Gould, senior economist at EPI and co-author of the report. These were especially crucial for those in low wage industries like leisure hospitality that were hit the hardest. When jobs eventually did come back, workers looked for the best offers they could find, and otherwise "demanded more." The pool of applicants was smallerThe pool of workers seeking out low-wage jobs also got smaller during the pandemic, giving those remaining more leverage.

☆ How to write the perfect thank you email after a job interview
▼ + stars: | 2023-03-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +1 min

A thank you note takes less than five minutes to write, yet "surprisingly few" applicants do it, says Jeff Hyman, an executive recruiter of 26 years. Throughout his career, Hyman has interviewed more than 35,000 job candidates, and estimates he has received a thank you note from less than 20% of the people he spoke with. 1 mistake job seekers can make, says ZipRecruiter CEO Ian Siegel, because it signals to a hiring manager that you aren't really interested in the role. It's also a chance to show off your soft skills, like communication and creativity, which companies are "increasingly prioritizing in their hiring," Siegel adds. Here are some essential do's and don'ts for writing the perfect thank you email, according to Siegel and Hyman:

☆ ChatGPT can help you write a standout CV in seconds, job experts say: It's 'the ultimate resume-writing cheat code'
▼ + stars: | 2023-03-22 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

The secret to writing the perfect resume could lie with ChatGPT. Since its launch in November, more jobseekers have tapped the viral AI-powered chatbot to help write cover letters, tweak resumes and draft responses to anticipated interview questions. Out of more than 1,000 current and recent jobseekers polled in a ResumeBuilder.com survey last month, nearly half (46%) reported using ChatGPT to write their resume or cover letter. 'All you need to do is proofread and edit'If you're building a resume from scratch, ChatGPT can help you build a customized template. "ChatGPT can give you clear recommendations for exactly how to do this … all you need to do is proofread and edit as needed."

☆ Market uncertainty hasn't impacted demand for employees, says ZipRecruiter's Julia Pollack
▼ + stars: | 2023-03-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarket uncertainty hasn't impacted demand for employees, says ZipRecruiter's Julia PollackZipRecruiter Chief Economist Julia Pollack joins 'The Exchange' to discuss an uptick in online job postings, the labor market impact of Silicon Valley Bank's collapse and a pullback in labor demand among enterprise companies.

☆ CPI report: Inflation fell for eighth-straight month in February
▼ + stars: | 2023-03-14 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

Minneapolis CNN —Inflation remains elevated but the temperature is coming down, according to the latest Consumer Price Index. It’s the eighth consecutive month that the annual rate has declined, and marks the lowest level since September 2021. On a monthly basis, prices were up 0.4%, representing a cooldown from the January monthly growth rate of 0.5%. Despite some broader declines, Tuesday’s CPI report shows that it may take longer for the inflation rate to reach the Fed’s desired 2% target, wrote Sinem Buber, lead economist at ZipRecruiter. On the one hand, it wants to maintain credibility on inflation and avoid core inflation accelerating further.

☆ Takeaways from the February jobs report
▼ + stars: | 2023-03-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +9 min

Minneapolis CNN —February’s jobs report had a little something for everyone. In February, the construction industry added 24,000 jobs, marking 12 consecutive months of employment growth. Friday’s report showed that “a modicum of slack crept back into the jobs market,” wrote Wells Fargo economists Sarah House and Michael Pugliese. However, Friday’s jobs report likely won’t spur a more dovish turn from the Fed, said Sean Snaith, an economist and director of the University of Central Florida’s Institute for Economic Forecasting. “We didn’t go from a four-alarm fire to a five-alarm fire with this data report, but the inflation flames aren’t out either,” he wrote in a note Friday.

☆ What to expect from the February jobs report
▼ + stars: | 2023-03-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

Minneapolis CNN —January’s jobs report delivered a heck of a surprise when it showed the US economy had added more than half a million jobs and unemployment had dipped to a level not seen in more than five decades. But economists say they are not bracing for another blindside when the February jobs report comes out on Friday morning. “If we get a second strong jobs report [on Friday], it’s no longer an anomaly,” Terrazas added. Seasonality, benchmarking and the interplay of pandemic-era data don’t completely explain away January’s blockbuster jobs report, economists say, noting there are likely influences from the currently tight labor market. The Bureau of Labor Statistics’ February jobs report is set to be released at 8:30 a.m.

☆ Layoffs are still historically low, so why does it feel like everyone's losing their job?
▼ + stars: | 2023-03-09 | by ( Juliana Kaplan | Madison Hoff | ) www.businessinsider.com time to read: +9 min

The layoffs and discharges rate in January was 1.1%, which remains historically low. While BLS data may show a low US layoff rate overall, tech layoff announcements are important, given Pollak said that tech and finance are "synonymous with Americans' aspirations generally." "Those markets are very exposed to tech layoffs, and tech plays a disproportionate role in the economy," Terrazas added. Pollak told Insider that the layoffs at tech companies are "relatively small" and that "many companies also are not pursuing layoffs across the board." Despite the layoff rate being very low, job seekers may still be concerned about these headlines.

☆ February jobs preview: What to expect after January’s blowout report
▼ + stars: | 2023-03-09 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

Minneapolis CNN —January’s jobs report delivered a heck of a surprise when it showed the US economy had added more than half a million jobs and unemployment had dipped to a level not seen in more than five decades. But economists say they are not bracing for another blindside when the February jobs report comes out on Friday. “I think most economists were comfortable dismissing the January jobs data as an anomaly,” Aaron Terrazas, Glassdoor’s chief economist, told CNN. “If we get a second strong jobs report [on Friday], it’s no longer an anomaly,” Terrazas added. Seasonality, benchmarking and the interplay of pandemic-era data don’t completely explain away January’s blockbuster jobs report, economists say, noting there are likely influences from the currently tight labor market.

☆ How a senior manager at Amazon made the mid-career switch to tech and why she still encourages others to do the same despite recent layoffs
▼ + stars: | 2023-03-05 | by ( Jason Lalljee | ) www.businessinsider.com time to read: +6 min

Despite layoffs across the industry, she says there are a lot of options for aspiring tech workers. But a rude awakening over the past year has disrupted the tech industry. "You were convinced that it's for the greater good, so you have to sacrifice your own life for work," she said. "I think moving over to this job and tech has helped me set better boundaries about my work life and my personal life." A few years into her career switch, Imam reflected that transitioning from one field to another was humbling.

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