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How has the economy managed to prosper, adding hundreds of thousands of jobs, month after month, at a time when the Federal Reserve has aggressively raised interest rates to fight inflation — normally a recipe for a recession? Increasingly, the answer appears to be immigrants.
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Nearly one-third (30%) of large US companies are exploring new work schedule shifts such as four-day or four-and-a-half-day workweeks, according to a KPMG survey of CEOs released this week.
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Officials with the North Carolina Department of Commerce described the project Thursday during a special meeting of the department’s Economic Investment Committee.
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Fujifilm Diosynth Biotechnologies is planning to add more than 600 jobs as part of a $1 billion expansion in North Carolina, people familiar with the plans told WRAL.
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Economists projected 205,000 jobs were added in March, a slowdown compared to February’s revised gains of 270,000. But last Friday’s data showed a shocking 303,000 new jobs were created that month.
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Hiring has largely been concentrated to a few industries, while tech and finance have only added a small number of jobs in the last 12 months.
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A group of economists recently performed an experiment on around 100 of the largest companies in the country, applying for jobs using made-up resumes with equivalent qualifications but different personal characteristics. They changed applicants’ names to suggest that they were white or Black, and male or female — Latisha or Amy, Lamar or Adam.
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The use of artificial intelligence will reduce the number of workers at thousands of companies over the next five years, according to a global survey of C-suite executives published Friday.
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Employers accelerated their hiring of technology workers and expanded their search for new tech talent in March, according to analysis by CompTIA, the nonprofit association for the information technology (IT) industry and workforce.
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Boulder, Colorado is the place to watch for emerging STEM businesses. Raleigh and Durham both rank...
