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



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

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Why Australia is becoming the new home of the Hollywood blockbuster



Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing



An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%



American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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