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Begin A Fulfilling Information Technology Career Near Washington DC
Good Herald Information Technology is an industry that still provides lots of career opportunities in today’s unstable job market. Software development, networking and record maintenance in the health care facilities are just a few of the the opportunities in the … |
June 03, 2017 at 09:29PM
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May 30, 2017 at 09:30PM
from Rhiannon Bury
There’s renewed demand for oil workers who left the industry or were laid off during the most recent price crash.
Hiring in oil and gas extraction increased for three straight months through April, the longest stretch since April to July 2014, which was right around when oil prices peaked.
But as companies revamp production — having adjusted to a world in which oil doesn’t cost close to $100 per barrel — sustaining this pace is not going to be cheap.
“Attracting back workers into the US shale sector will prove costlier than previous up cycles due to the severity of the most recent downturn, a tighter labor market and greater levels of uncertainty surrounding a sustained market recovery,” BMI Research, a Fitch Group company, said in a note on Tuesday.
The US unemployment rate fell to 4.4% in April, the lowest in a decade, showing that the US labor market is tighter than it’s been since the recession hit nearly a decade ago. More evidence of tightness that can be found in industries like construction, where builders have long grumbled about a shortage of qualified workers to meet the demand for new housing.
This tightness is not escaping the US shale sector, BMI Research said. It contrasts with the boom from 2011 onward when the labor market was looser than it is today and more people were willing and able to work.
One area where recruiting has been notably sluggish is frac crew members who help with well completion and bringing wells online, BMI Research noted.
In this kind of labor-market, the cohort that left during the downturn would require higher incentives to return. Some of them have already picked up new skills in other jobs. Hiring them back could raise labor costs for oil field services companies like Schlumberger and Baker Hughes, which have been among the hardest hit by the crash.
Workers considering a return to the oil industry would need to be convinced that the industry’s recovery is sustainable, and that there’s a long-term future for the use of fossil fuels.
But even if these concerns go unanswered, oil companies have need of fewer workers because the downturn spurred new technologies and more efficient ways of production, BMI Research said.
SEE ALSO: A likely shift in the mortgage market is creating ‘prisoners’ in housing
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NOW WATCH: China built a $350 million bridge that ends in a dirt field in North Korea
May 30, 2017 at 09:25PM
from Akin Oyedele
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TENTATIVE TENDER OF NON-COMPS, FIMA FOR 3-MONTH BILLS TOTAL $1.5 BLN; COMPETITIVE REMAINING $37.5 BLN
The material has been provided by InstaForex Company – www.instaforex.com
May 30, 2017 at 09:23PM
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As permafrost thaws, emissions of this potent greenhouse gas increase
— Read more on ScientificAmerican.com
May 30, 2017 at 09:31PM
from Scott Waldman
All work and no play makes … well, certainly nothing good for office morale.
When Business Insider toured the offices of Yelp, LinkedIn, Facebook, Kickstarter, and Adobe, both virtually and in person, we found that they’re all full of opportunities to have a little fun in the workplace during the day.
From swinging around in the gym to playing some fun, old-fashioned board games, here’s what these employees do at the office when they aren’t working:
See the rest of the story at Business Insider
May 28, 2017 at 09:24PM
from Áine Cain, Hollis Johnson and Sarah Jacobs
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Westpac takes first steps in cloud core system plan
Banking Technology It embarked on a major project to roll out a new data integration solution – Oracle Customer Hub; and it trialled the use of artificial intelligence (AI) in its digital banking systems. In fact, back in 2014, Banking Technology reported that Westpac … |
May 15, 2017 at 09:17PM
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Katie Rau Named Top Graduating Accounting Student for KC Program
WJBD Online Pictured is Jordan Coffey, Director of Student Activities for KC; KC Accounting Professor Ira Kaye Hickam, Katie Rau, and George Evans, Dean of Career and Technical Education. Kaskaskia College is announcing that Katie Rau of Goreville is the Top … |
May 15, 2017 at 09:22PM
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May 15, 2017 at 09:31PM
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UBS’ asset management arm has hired Suni Harford as head of investments.
Harford will oversee about $600 billion and about 500 investment staffers from New York, according to a press release.
Harford is replacing Dawn Fitzpatrick, who left the bank earlier this year to join George Soros’ family office as chief investment officer.
Harford joins UBS from Citigroup, where she previously worked for 24 years. She most recently was regional head of markets for North America.
Harford’s hire is significant because few women hold executive investment roles within asset management firms. At hedge funds, for instance, it is unusual to find women at the helm.
SEE ALSO: Something is missing from the hedge fund industry
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NOW WATCH: SCOTT GALLOWAY: I believe every time Amazon reports a profit a manager gets yelled at
May 15, 2017 at 09:32PM
from Rachael Levy
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Haynes Intl (HAYN 41.77, +6.09) a developer, manufacturer and marketer of technologically advanced,
May 15, 2017 at 09:24PM
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Do you guys think it’s a buy?
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May 14, 2017 at 09:29PM
from /u/alcapone1029
May 04, 2017 at 09:27PM
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DALLAS, May 4, 2017 /PRNewswire/ —
American Cannabis Innovations Conglomerated (“ACI”) has entered into a Letter of Intent to acquire the controlling interest in both North American Cannabis Holdings, Inc. (USOTC: USMJ) and Puration, Inc. (USOTC: PURA). ACI is a private equity backed…
May 04, 2017 at 09:27PM
from
Jenann Shemisa is also general counsel at the finance firm
LendingUSA has hired a former banking regulator as its new general counsel and chief compliance officer (CCO). Jenann Shemisa reports directly to the company’s CEO and founder, Camilo Concha. A LendingUSA representative did not respond immediately to a request for information regarding the previous holder of the post and that person’s new role.
Shemisa previously served as counsel at the Federal Deposit Insurance Corporation’s (FDIC) consumer enforcement unit in Washington, DC, providing legal advice and guidance to the FDIC’s legal division and the division of depositor and consumer protection in matters regarding compliance and consumer protection, according to LendingUSA.
She began her career with the FDIC as a senior attorney in Irvine, California, helping the agency tackle the financial crisis. Shemisa provided legal advice and guidance to the FDIC’s legal division and the division of receiverships and resolutions on managing the agency’s receiverships and their assets. An FDIC spokesperson declined to comment.
Before serving at the FDIC, Shemisa was general counsel and vice president of business administration at Lakeshore Equipment Company. Earlier in her career, she was general counsel of Axiom Investments and Management.
LendingUSA offers financing for consumers in specialty markets such as the elective medical industry, dental care, pets and pet care.
‘As LendingUSA continues to grow and innovate the way consumers finance the things that matter most to them, having a compliance expert like Jenann join our leadership team is crucial,’ chief risk and operations officer Sharat Shankar says in a statement.
‘Finding somebody who has government and private sector experience is key to the design of the best possible compliance program for our organization,’ Concha adds.
‘Having witnessed firsthand the devastation that occurred during the 2008 financial crisis, it was important for me to be part of a company that is committed to providing high-quality, innovative financial products and services,’ Shemisa says in the announcement.
May 04, 2017 at 09:22PM
from Ben Maiden
