More American teens are getting jobs. That’s good for everyone

Lauren Miller loves her summer job. She just started working at the Hershey Lodge in Pennsylvania, roasting s’mores and organizing activities for kids. Miller, 16, earns the minimum wage, but she doesn’t mind — her job is a foot in the right direction. Most of her friends found jobs this summer too, she says. “I […]

U.S. hiring is healthy: 223,000 added jobs in June

The weather is warming up in America and so is the economy. The U.S. added 223,000 jobs in June, its third consecutive month of healthy job gains. Thursday’s news was slightly below the prediction from CNNMoney’s survey of economists, which predicted there would be 235,000 jobs added. The unemployment rate fell to 5.3% in June, […]

Here’s your first look at the ‘Steve Jobs’ movie

The much-anticipated “Steve Jobs” movie, written by Aaron Sorkin and adapted from Walter Isaacson’s best-selling biography, doesn’t hit theaters until October 9. But on Wednesday we got our first extended look at the film when Universal Pictures released a full-length trailer. And it looks, well, sort of like “The Social Network,” another Sorkin-penned movie about […]

Class war locks poor kids out of top U.K. jobs

Britain’s elite employers are waging a class war that shuts poorer kids out of top jobs in favor of their wealthier peers. A government-sponsored report shows working class candidates are struggling to find jobs at the country’s leading professional firms, entrenching a damaging social divide. Researchers interviewed recruiters and managers at 13 elite law, accountancy […]

What Obama’s trade deal (likely) means for American jobs

If it’s revived, what would President Obama’s trade deal do to my job? That’s really what all the fuss is about on various trade agreements that President Obama is pushing. The biggest deal of them all is known as the Trans-Pacific Partnership (TPP for short). It would reduce trade barriers between 12 countries– U.S., Japan, […]

Energy jobs and the Oil Bust of 2015

BY R. BROCK PRONKO MBC Regional Business Analyst Since July 2014, Brent and West Texas Intermediate crude oil prices have fallen by more than 40 percent, causing energy companies to curtail higher cost shale and deep water projects in North America and overseas. read more Read More (External Link to PABusinessCentral.com)

Dream jobs: Where Chinese students want to work

Alibaba, Bank of China and Huawei — these are the dream employers for Chinese students, according to a new survey. The survey of more than 55,000 students, conducted by research firm Universum, found that roughly a quarter want to work for an international company, while only 9% want to work for a start-up. Five percent […]

Bond madness fuels London banking jobs boom

The wild moves roiling some markets are creating job opportunities for thousands of bankers in London. Global banks such as HSBC are still bleeding jobs, but employment in financial and related services hit a record high last year, and hiring continues at a healthy pace as demand for specialist traders soars. Recruitment firm Astbury Marsden […]

HSBC to shed 50,000 jobs

HSBC will shed 50,000 jobs in the coming years as it slashes costs and sells parts of the bank to focus on Asia. The changes are part of a major restructuring plan that is designed to save the bank $5 billion annually by 2017. HSBC will sell its businesses in Brazil and Turkey, reducing headcount […]

HSBC to slash up to 50,000 jobs

HSBC will cut up to 50,000 jobs from its workforce and sell its operations in Brazil and Turkey, the bank said Tuesday. The changes are part of a major restructuring plan that is designed to save the bank $5 billion annually by 2017. The sale of assets in Brazil and Turkey will reduce headcount at […]

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