Manpower Group: Remote work, flexible hours and more opportunities to learn new skills will be lasting pandemic legacy for many

MILWAUKEE, Sept. 8, 2020 /PRNewswire/ — The impact of the COVID-19 health, economic and social crisis continues to weigh heavily on the global labor market yet early signs of recovery are beginning to emerge according to the latest ManpowerGroup (NYSE: MAN) Employment Outlook Survey of over 38,000 employers in 43 countries conducted in July 2020.

Key findings:

  • Hiring intentions improve since last quarter in 37 of 43 countries though 41 decline year-over-year. Taiwan, the U.S., Turkey and Japan report the strongest Outlooks while Panama, Costa Rica, South Africa and Colombia report the weakest.
  • Employers believe labor market recovery will take longer than first anticipated: When asked in April 54% expected a return before April 2021, now down to 31%. 13% believe hiring will not return until after July 2021 and 18% believe there will be no return to normal (vs.13% when asked in April)
  • Not all furloughed workers
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100K temp jobs added in August as economy looks to bring back flexible workers

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Billionaire Ken Griffin Snaps Up These 3 “Strong Buy” Stocks

As fears of a tech bubble and stretched valuations become the talk of the town, investors are turning to Wall Street titans for guidance, namely Ken Griffin. Founding hedge fund Citadel in 1990, the firm now boasts over $35 billion worth of assets under management.As a 19-year-old sophomore at Harvard University, Griffin began trading from his dorm room with a fax machine, computer and phone. Now, the CEO of Citadel, whose net worth stands at $15.5 billion, is known as one of the Wall Street greats. Looking at the fund’s performance during the COVID crisis, it’s even more clear why Griffin has legendary status.Unlike the average hedge fund, which had a negative return of between 3-4% in the first half of 2020, Citadel’s flagship Wellington fund saw its returns land between 13-14% for the same period.Bearing this in mind,

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