Tag: jobs

BOE Money Printing to Cost UK as Much as HS2, Ex-Official Says
Money

BOE Money Printing to Cost UK as Much as HS2, Ex-Official Says

The Bank of England’s quantitative easing program is on track to cost the UK taxpayer as much as the entire HS2 high-speed rail link that the government has scaled back on value-for-money grounds, according to a former BOE rate setter.Michael Saunders, who was on the Monetary Policy Committee between 2016 and 2022, said the £126 billion ($161 billion) “lifetime cost” to the taxpayer of central bank money printing, calculated using the government’s own official forecasts, is “similar to the full HS2 scheme adjusted to 2023 prices.” In October, Prime Minister Rishi Sunak scrapped the rail link’s northern leg as costs spiralled.
Dell, HP, Bhagwati, Foxconn Among 27 Companies Approved Under PLI 2.0: Union Minister Vaishnaw
Business

Dell, HP, Bhagwati, Foxconn Among 27 Companies Approved Under PLI 2.0: Union Minister Vaishnaw

Twenty-seven companies have successfully obtained approvals under the Production Linked Incentive (PLI) scheme 2.0 in the IT hardware sector, Union Minister for Electronics and IT Ashwini Vaishnaw has announced.“Twenty-three approved companies are ready to start their manufacturing on day zero, while four of the companies will start their production in the next 90 days,” he said.“Today’s announcement will set us as a very important player in IT hardware which includes laptops, servers and tablets. All these devices will be manufactured under this PLI scheme and that will make us a big force in this sector. In terms of electronics manufacturing, already we are at around $105 billion and we are moving rapidly to $300 billion in the coming few years,” he added.The outcomes of this approval d...
How to Recruit Exceptional Lawyers at Your Law Firm | Explore Law Firms and Legal Advice
Money

How to Recruit Exceptional Lawyers at Your Law Firm | Explore Law Firms and Legal Advice

Across the country, many law firms face a competitive market for attorneys. For example, the number of attorneys in the District of Columbia is almost half of what it was a decade ago. Alabama lost 19% of its attorneys and Ohio lost 9% of its lawyers between 2020 and 2021. That’s why, when it comes to recruiting exceptional attorneys, there’s more to legal recruiting than compensation and want ads.“Money is an important factor, but it’s rarely the real driving factor,” explains Carol Morganstern, a partner at Major, Lindsey & Africa, a global legal executive search firm, who specializes in placing lateral partners in San Francisco Bay Area positions.“People are really looking for success, and then the money follows,” she says.Recruiting is as much about a firm’s culture as it is about...
This AI Bot Fills Out Job Applications for You While You Sleep
Technology

This AI Bot Fills Out Job Applications for You While You Sleep

In July, software engineer Julian Joseph became the latest victim of the tech industry’s sweeping job cuts. Facing his second layoff in two years, he dreaded spending another couple months hunched over his laptop filling out repetitive job applications and blasting them into the void.Joseph specializes in user interface automation and figured someone must have roboticized the unpleasant task of applying for jobs. Casting about online, he came upon a company called LazyApply. It offers an AI-powered service called Job GPT that promises to automatically apply to thousands of jobs “in a single click.” All he had to fill in was some basic information about his skills, experience, and desired position.After Joseph paid $250 for a lifetime unlimited plan and installed LazyApply’s Chrome extensi...
Ireland’s Tax-Cutting Success Story – WSJ
Business

Ireland’s Tax-Cutting Success Story – WSJ

By Stephen Moore and Steve ForbesEuropean Union officials and Treasury Secretary Janet Yellen are pushing for a global minimum corporate tax, and no wonder. High-tax countries are getting bled to death, while low-tax ones experience stunning growth.Ireland, whose economy grew by 12.5% last year—faster than any other European nation—is one of the greatest tax-cutting success stories of modern times. The Journal recently reported that Ireland is “swimming in money.” It’s a vivid example of the Laffer Curve, which shows that lower tax rates can result in faster growth and higher revenue. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Gen Z are rejecting hard work and sacrifice for ‘soft’ money
Money

Gen Z are rejecting hard work and sacrifice for ‘soft’ money

Gen Z are turning away from traditional means of working and saving, instead focusing on a ‘soft’ approach to money, experts have stated. While Millennials have placed greater focus on hustle mentality and hard work, the Gen Z generation (born from 1997 – 2012) are reportedly placing greater emphasis on other areas of life. Instead of letting their bank balance dictate their status, they’re instead focusing on personal growth.Hosanna Hali is a TikTok creator who identifies her personal approach to money in this way. She said that you should prioritise budgeting to ensure you can afford things that bring joy in an interview with news.au. “It is picking an activity that you know makes you feel so much better about yourself and having a monetary value attached to it,” she said.iStockHowever,...