Ntkw Mother s Day Spending, Trillions of Dollars in Credit Card Processing, Privacy-Flexible Consumers鈥nd Other Friday Factoids
The rise of eCommerce is an inexorable one, with real-world ripple effects that extend all the way to feet and wheels on the street 鈥?and, by extension, burgeoning payrolls.To that end, hiring within the logistics sector has gained ground, even beyond the holiday season. This has given rise to the structural shift in the job market, as Amazon and other firms strive to meet the growing demands of one-day and even same-day delivery.In terms of headline numbers, the U.S. Bureau of Labor Statistics said at the end of last week that January saw the 11th聽straight month of gains within consumer and messenger jobs, with the latest month showing 14,300 new jobs added.The Wall Street Journal reported that the January numbers come in tandem with upwardly revised stats for 6,700 parcel sector jobs that had been seen in
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December. One key driver has been the growth in weekend deliveries. Warehouse and storage jobs also grew in January by 5,700 positions, and trucking jobs were up 3,200 positions.The gains come in stark contrast to the 12,000 positions cut within the manufacturing sector, indicating a shift from capital goods production to a service economy the service being delivery, of course .To get a snapshot of wher
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e the hiring power may lie, consider the headlines that came last month. One aviation and trucking company, Pinnacle Logistics, operating from Marylands BWI Thurg
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ood Marshall Airport, said it would lay off 1,600 people this year. Yet, as reported in the Capital Gazette, Ama Phix Retailers Work To Convince Consumers It s Safe To Shop In Stores
In banking, the
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res a hiring boom afoot, and its not at the tellers window or to
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staff analysts cubicles.Maybe.To be specific, technology is in the crosshairs of some traditional financial services mainstays and has spurred job openings and hiring sprees.To that end, SEB AB, reported聽Bloomberg, has been boosting its staffing roster to bring more efforts to bear on its digital banking services.The bank is among Swedens largest and, according to its CEO Johan Torgeby, aims to take on as many as 1,500 people annually to staff tech ini
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tiatives, with a focus on positions in technology and what the executive termed customer technology design. Thus, said Bloomberg, hiring within banking is increasingly focusing on tech-oriented skill sets. The firms need to compete with nimbler tech upstarts 鈥?and not necessarily small firms but marquee names like Apple.But then again, some firms are actually trimming back positions. Nordea Bank, which is among the biggest firms in its region, is, in fact, shuttering 6,000 jobs, and that downsizing comes in tandem with digital initiatives. Senior management, stated the publication, has seen the trend tilt toward financial services as moving toward a staffing level that will have, net, fewer people.In individual company tie-ups between financial institutions and FinTechs, SimplyFi, which offers crowdfunding for small and mid-sized firms in Russia, has linked with Tochka Bank to offer online lending for the latters business clients. The loan limits wi