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According to a survey by the National Association of Colleges and Employers, companies in the United States are planning to hire 5.8% fewer new graduates this year compared to last year. The job market for graduating seniors is becoming more challenging, with employers now seeking candidates with sophisticated artificial intelligence skills rather than years of experience. The demand for entry-level jobs is high, but the supply of computer science majors is also increasing, making it more difficult for graduates to find positions. Additionally, some companies are using AI to replace certain entry-level tasks. Graduates are advised to make meaningful connections and refrain from discussing campus protests during job interviews. [Extracted from the article]

This article discusses the current state of entry-level jobs for college graduates based on an analysis of job postings. It highlights that companies are still promoting their job opportunities despite a decrease in demand for young professionals. Job ads now focus on the benefits and opportunities that workers can expect, such as flexible work styles and respect for work-life boundaries. The article also mentions that employers are emphasizing factors like salary, experience, benefits, office environment, diversity, and mission alignment to attract young professionals. [Extracted from the article]

Job seekers frustrated with corporate hiring software are using artificial intelligence (AI) to create cover letters and resumes quickly and deploying automated bots to apply for hundreds of jobs. In response, companies are using their own bots to sort through the large number of applications. This bot versus bot war is making it even more difficult for applicants to land interviews or jobs. Employers are also frustrated with imprecise AI tools that highlight weak candidates. The use of AI in the hiring process has led to an increase in the number of applications received by companies, prompting them to introduce new tools to manage the surge. [Extracted from the article]

The federal ban on noncompete agreements in the United States is causing a rift between workers and employers. While workers are celebrating the new rule, many major employers are challenging it in federal court. The ban, set to go into effect in August, will give workers more freedom to change jobs and earn more, but businesses argue that noncompetes are necessary to protect trade secrets. The ban will create a uniform standard across states, as some have already banned or restricted noncompetes. [Extracted from the article]

College seniors are facing tough competition for jobs after graduation, but many companies are still hiring. Unlike previous years, businesses are recruiting into spring and summer. College seniors who have secured jobs after graduation have done so by going above and beyond, tapping into unexpected connections, industries, and tactics. Companies are expecting to hire about 2% fewer graduating seniors this year compared to previous years. It is advised for graduates to not rely solely on corporate recruiters and to try other contacts who can make introductions. [Extracted from the article]

Nvidia, a chip company based in Santa Clara, California, has become a highly sought-after employer in the tech industry. The company's stability and dominance in supplying chips for artificial intelligence systems, along with its generous pay packages, have attracted top talent. Nvidia maintains a startup culture and offers employees opportunities to work on important projects. Job searches for Nvidia have increased, and the company has received a significant number of internship applications. However, the company's niche engineering roles and the high bar for hiring may pose challenges in the future. [Extracted from the article]

A new study reveals that around half of college graduates in the US end up in jobs that don't require their degrees, which has long-term implications for their earnings and career paths. The study emphasizes the importance of a person's choice of major and internships in determining their likelihood of finding a college-level career. This raises concerns about the value of a college education and whether universities adequately prepare students for the job market. The article highlights the challenges faced by a woman named Ouadani, who struggled to find employment after leaving her executive assistant job. She eventually secured an administrative-assistant position with the help of a staffing agency and believes that in her future career, she will rely more on connections and entrepreneurship rather than her degree. [Extracted from the article]

The article discusses different strategies and technologies that CEOs and consultants are using to improve corporate meetings. One approach is the use of high-tech meeting rooms equipped with artificial intelligence, holograms, and virtual reality to create a more immersive experience for remote workers. Another strategy is the implementation of walk-and-talk meetings, which take place outdoors and aim to reduce screen time and increase productivity. Pregaming is also mentioned as a way to make meetings more efficient by allowing participants to contribute their thoughts and ideas to a shareable online document before the meeting takes place. Additionally, the article discusses the concept of once-a-quarter retreats, where in-person staff meetings are held less frequently but span multiple days and include both work-related and leisure activities. Lastly, the article mentions the use of virtual reality tools with artificial intelligence to help workers practice presentations and improve their soft skills. [Extracted from the article]

The leadership of consulting firm McKinsey is uncertain as its global managing partner, Bob Sternfels, failed to secure a majority of support from senior partners for another term. A runoff election will be held between Sternfels and Rodney Zemmel, the head of McKinsey's digital strategy business. The voting process allows partners to express their support or dissatisfaction with the firm's direction. McKinsey's revenue growth has slowed due to the pandemic, leading to job cuts and a reduction in the partnership class. If Sternfels is replaced, he would be the second consecutive leader to serve only one term. [Extracted from the article]

The article discusses the challenges faced by recent M.B.A. graduates in finding employment. Many graduates are struggling to secure jobs in well-paid, white-collar positions due to a slowdown in hiring in sectors such as consulting, tech, and finance. The number of M.B.A. graduates without jobs has doubled at some top business schools compared to previous years. Career-change students are particularly affected, as employers are prioritizing candidates with relevant experience. However, graduates who are flexible in terms of location, function, or industry have found success in a broader range of fields. Despite the difficulties, those who do find jobs are enjoying healthy salaries. [Extracted from the article]

Companies in finance and accounting are now recruiting college sophomores for internships that will take place in the summer of 2025, nearly 18 months in advance. This advanced timeline has led to increased competition among students who are trying to secure internships that can launch their careers after graduation. Many companies have already filled their summer 2024 internship slots, and the early deadlines help them attract top talent. While the early start of the internship competition may benefit companies, it poses challenges for workforce planning and may affect the overall job market for recent graduates. [Extracted from the article]

Some employers are now giving workers advance notice of their layoffs, allowing them more time to search for a new job. This new approach, known as a "long goodbye," is being adopted by companies like Wells Fargo and Disney in an effort to appear transparent and compassionate when cutting jobs. The tightening job market and the potential backlash on social media have also contributed to this shift in layoff practices. While some employees appreciate the extra time to prepare, others find it difficult to stay motivated during the notice period. Overall, companies are trying to handle layoffs in a way that protects their reputation and treats their employees well. [Extracted from the article]

According to Gallup's 2023 workplace report and a BambooHR analysis, U.S. employees are increasingly dissatisfied at work, despite wage increases and greater flexibility. The reasons for this unhappiness vary, including inflation erasing pay gains, the unsettled nature of the workday, and a cooling job market. Companies have attempted to address these concerns by offering more benefits and support, but employee satisfaction has not improved. Factors contributing to this dissatisfaction include new employees feeling adrift and weakened relationships among coworkers due to distance. While some workers are satisfied with their jobs, others have experienced negative impacts from changes in remote work policies. [Extracted from the article]

Employees on different sides of the Israel-Hamas conflict are feeling unsupported as company leaders try to avoid workplace divisions. Some employees at Google and Amazon claim that posts supporting Palestinians or a cease-fire have been removed by management. Jewish employees are also feeling alienated and unsupported by the lack of response from co-workers and bosses. Many company leaders are hesitant to take a stance on the conflict due to its complex history and the fear of saying the wrong thing. Speaking out about the conflict can have professional consequences, with workers reporting being reported to their employers and facing backlash on social media. Companies are advised to avoid attracting attention and to refrain from making public statements on world events. [Extracted from the article]

According to new data, women now make up at least 50% of full-time M.B.A. students at five top business schools, marking a record number of major programs reaching this milestone in a given year. This increase in female enrollment reflects the efforts of business schools to recruit more women in recent years. Overall, women represent 42% of full-time M.B.A. students at partner schools of the Forté Foundation, up from 33% a decade ago. Business schools have been working to increase the number of female applicants in order to address the gender gap in leadership roles and meet employer demand for top female talent. [Extracted from the article]

Companies in the tech, finance, and consulting sectors are scaling back or delaying their hiring of M.B.A. candidates, leading to a decrease in job offers for these students. This is a significant change from previous years when there was high demand for M.B.A.s and increased salaries. Students are now considering alternative career paths and developing backup plans. Recruiters are being cautious and waiting to make offers until they have a better understanding of their future needs. Some students are exploring opportunities at smaller companies or in different industries. [Extracted from the article]

A recent deadly attack by Hamas has sparked a backlash in the United States, particularly in universities, workplaces, and political circles. Some individuals and groups sympathetic to the Palestinian cause have blamed Israel for the attack, citing the nation's policies as the reason for Palestinian violence. However, these statements have faced resistance from Jewish groups, university leaders, and corporate leaders, with some threatening not to hire students who blame Israel. The controversy highlights the deep divide between progressive Democrats and moderate Democrats and Republicans over Israel and the treatment of Palestinians. [Extracted from the article]

The pay for young accountants in the United States has stagnated while salaries in other fields, such as finance, marketing, logistics, and consulting, have risen. This pay disparity has led to a decline in the number of people choosing accounting careers, exacerbating an existing shortage of accountants. Some of the largest college accounting programs have seen a decline in enrollment, resulting in increased workloads for existing accountants. The stagnant pay is attributed to supply and demand, as well as concerns about profitability and reluctance to raise rates. To attract more students to the field, accounting firms may need to increase pay and offer scholarships and programs that alleviate the financial burden of obtaining a certified public accountant license. Additionally, efforts are being made to change the perception of accounting careers and integrate new technologies into the curriculum. [Extracted from the article]

Jennifer Solomon-Baum, a former Microsoft marketing director who left early this year, says she understands why the company chose to rethink its approach to feedback, which she feels may have made employees more open to giving feedback. "Feedback conversations, as they commonly exist today, activate a social-threat response in the brain interfering with the ability to think clearly, and raising heart rates", says Theresa Adams, senior HR knowledge adviser at human-resources trade association SHRM. Many companies, executive coaches and HR professionals are looking to erase the anxiety-inducing word from the corporate lexicon, and some are urging it be replaced by what they see as a gentler, more constructive word: "feedforward.". [Extracted from the article]

More than 40% of nearly 12,000 workers said they use ChatGPT or other AI tools at work, according to a January survey by Fishbowl, the workplace chat application. Keywords: wsjlifework; Computers/Consumer Electronics; Software; Applications Software; Artificial Intelligence Technologies; Computing; Technology; Capacity/Facilities; Automation; Corporate/Industrial News EN wsjlifework Computers/Consumer Electronics Software Applications Software Artificial Intelligence Technologies Computing Technology Capacity/Facilities Automation Corporate/Industrial News N.PAG N.PAG 1 03/24/23 20230323 NES 230323 As bosses fret over generative AI, many employees embrace it Office drama is brewing around when employees - and their bosses - are allowed to use ChatGPT at work. [Extracted from the article]

Keywords: a-hed; wsj-usnews; wsjlifework; Labor/Personnel; Corporate/Industrial News; Content Types; Factiva Filters; C&E Industry News Filter; Page One Stories; SYND EN a-hed wsj-usnews wsjlifework Labor/Personnel Corporate/Industrial News Content Types Factiva Filters C&E Industry News Filter Page One Stories SYND N.PAG N.PAG 1 01/16/23 20230112 NES 230112 Companies that track employees' productivity run up against their inventive workarounds In a time of hybrid work, employers are extra-focused on making sure their staffers are being productive. Workers nationwide are sharing their ways to outsmart supervisors, guard their personal lives or just avoid looking like shirkers../Mouse Jigglers, Fake PowerPoints files/7159596624212249899.html Career coaches such as Sho Dewan provide lessons on techniques. [Extracted from the article]

Curt notes sent by higher-ups wreck weekends and family time; "Until you've gotten that 10 p.m. "pls fix", you just don't get it". [Extracted from the article]