Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

America wants you: The US is hiring with 10 million positions available

Published

on

Job vacancies in the United States have hit a record-high with reports that labour demand has surpassed the number of workers available. 

Job opening rates are at a record high

On the last day of June, job openings jumped from 9.5 million vacancies to 10.1 million, according to figures released by the Labor Department.

Despite restrictions easing across the country due to an increase in vaccination rates, it hasn’t been enough to convince workers to return to the workforce.

Additionally, companies are struggling to find workers to fill an excess in job vacancies within the hospitality, tourism and leisure sectors. 

“The ratio of openings to hires, despite easing in June, remained at historically elevated levels,” JPMorgan analyst Peter McCrory said.

Companies are using a range of techniques such as introducing flexible work hours, higher salaries and signing bonuses to draw unemployed individuals to the workforce.

However, as the numbers show, these attempts don’t appear to be working. 

Some are blaming the shortage of jobseekers on generous government schemes targeted towards those who have lost their jobs due to the pandemic as well as a lack of affordable childcare. 

It’s also being said that there is an excess in low-skilled jobs being advertised which only appeal to a selected group of candidates. 

Nick Bunker, Indeed’s Economic Research Director says easy access to government subsidies could be a key contributor to unemployed individuals not wanting to find work.  

“Money issues seem to be a rising concern among unemployed workers not searching urgently” Bunker says. 

“More of them said the end of [unemployment insurance] benefits or financial cushions running low were major milestones that could prompt them to take a job.”

The resurgence in cases due to the Delta outbreak is also keeping potential workers at home, adding to the growing list of reasons which continues to see 8.6 million people out of work.

Written by Rebecca Borg

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Trump nominates controversial Malaysia ambassador

Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

Published

on

Trump nominates Sydney influencer Nick Adams as US ambassador to Malaysia amidst diplomatic concerns and a controversial past.

Donald Trump has nominated Nick Adams, a former suburban councillor from Sydney, to be the US ambassador to Malaysia.

Adams, who has built a significant following as a MAGA influencer, is known for his self-presentation as an “alpha male” and “cultural thought leader”. His nomination is pending confirmation by the US Senate.

Adams previously made headlines as a deputy mayor in Ashfield for a controversial proposal to eliminate pigeons to prevent bird flu. He was suspended from the Liberal Party after verbal abuse towards a journalist in 2009, although he claimed to have resigned prior to the suspension.

Now an American citizen, Adams has founded a nonprofit organisation aimed at promoting conservative values among children. He is known for advocating “patriotic boycotts” against companies perceived to promote progressive values.

In a post following his nomination, Adams expressed gratitude to Trump for the opportunity to serve, highlighting his commitment to America. His past includes an educational background in media and communications, and he has been involved in various publicity stunts, some of which attracted media attention.

Experts have expressed concern over his lack of diplomatic experience, suggesting his appointment could damage US-Malaysia relations, especially given current geopolitical tensions.Adams’s appointment is viewed by some as a sign that Trump does not prioritise the foreign service, potentially leading to challenges in diplomatic relations with Malaysia.

Continue Reading

News

Mushroom foraging tours face rising insurance costs

Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

Published

on

Erin Patterson’s murder trial has increased insurance costs for mushroom foraging tours, though insurers deny a direct link.

In Short:
Erin Patterson’s trial for poisoning relatives has raised concerns about rising insurance costs for mushroom foraging tours in Australia, impacting operators like Feresh Pizarro and Natasha Vorogushin. Despite increased premiums, the Insurance Council maintains these changes are not directly related to the trial, highlighting a need for better public education on fungi.

The trial of Erin Patterson, who poisoned three relatives with death cap mushrooms, has affected mushroom foraging tours in Australia.

Operators report rising insurance costs, though the Insurance Council of Australia states these increases are unlikely linked to the trial. Patterson was recently convicted, prompting concerns among tour guides like Feresh Pizarro, who claims her insurance premiums have skyrocketed, threatening her business viability.

She explains the importance of educating the public about fungi, which play significant ecological roles. Similarly, Natasha Vorogushin from Morwell faces challenges obtaining adequate insurance for her foraging workshops, illustrating industry-wide issues.

Insurance costs

Richard Ford, a tour operator in Mount Macedon, also notes high insurance costs looming over his activities. Despite these challenges, the Insurance Council asserts that insurance adjustments often do not arise from perceived risks associated with singular events, such as Patterson’s case.

University of NSW actuarial studies professor Michael Sherris believes that while premiums are rising generally, this specific trial is unlikely to affect the insurance landscape for mushroom foraging.

Continue Reading

News

Netanyahu nominates Trump for Nobel Peace Prize

US and Israel push for Gaza ceasefire; Netanyahu nominates Trump for Nobel Peace Prize amid renewed peace talks.

Published

on

US and Israel push for Gaza ceasefire; Netanyahu nominates Trump for Nobel Peace Prize amid renewed peace talks.


The United States and Israel have doubled down on regional stability, with hopes rising for a 60-day Gaza ceasefire and an unexpected diplomatic twist: Prime Minister Netanyahu has nominated Donald Trump for a Nobel Peace Prize.

The two leaders met at the White House, discussing peace talks gaining momentum in Qatar, and reaffirming joint military efforts, including Operation Midnight Hammer, which targeted Iran’s nuclear infrastructure.

#MiddleEastPeace #TrumpNobel #IsraelUS #GazaCeasefire #TickerNews

Continue Reading

Trending Now