Showing 9 results for:


by Topic

All results

Disney Becomes The Latest To Announce Major Layoffs — Here's What To Know And Tips For Navigating The Job Market

The beautiful thing about fine art, specifically music, is that it speaks to the issues of the time. Often, those songs are made to address certain historic moments but end up being a case study of sorts for the future. It can be seen across genres in songs such as Marvin Gaye’s “What’s Going On” or Walter Hawkin’s “Thank You Lord,” where in one of the verses he sings, “economies down, people can’t get enough pay.” Although some of these songs were produced well before the issues of today, they are perpetual concerns that society has found itself facing again and again. Those same messages are on par with the pain points many people feel and are going through. One of those pain points is the economy’s impact on the job industry, and it has now impacted what is known as the happiest place on Earth. According to The Wall Street Journal, Disney is part of the long list of employers recently announcing layoffs. The Florida-based company eliminated its entire Metaverse division. At its...

Mar 29, 2023

26-Year-Old Elijah Wallace Received 99 Rejections Before Landing His Dream Job On His 100th Application

Finding the ideal job is no easy feat. And with the pandemic rapidly shifting the job market, landing the job of choice has gotten more complicated. This narrative couldn’t be more accurate for people like 26-year-old Elijah Wallace. An accomplished graduate of Northwestern University in Chicago, Wallace landed his first post-collegiate role with JP Morgan – staying there for about two years before venturing off to pursue entrepreneurial endeavors as the founder of a watch company. However, Wallace found out what many other start-up founders already know – entrepreneurial life is a real grind and hustle. With profits taking too long to come in from his business, Wallace started exploring the job market again. As many know, Wallace admits this search was definitely a “process.” “[Applying for jobs] was a full-time job in itself; I networked on LinkedIn every day and applied for 100 jobs in finance and received rejection after rejection,” according to Wallace, as reported by Metro. “I...

Apr 15, 2022

Virtual Learning Costs Are a Billion-Dollar Burden For Parents This Fall

Make no mistake, the pandemic has forced a major shift in all day-to-day processes—one being the school system. After months of debate whether sending kids back to school is safe, in many states, kids have continued distance learning . This new practice—carried over from many students’ previous school year—has introduced a heap of new ridiculous expectations for kids and their parents. A Bankrate survey of about 600 parents with children enrolled in pre-kindergarten through high school courses says 61 percent of parents believe they’ll spend more money on remote learning this fall. Among the mandatory costs are school uniforms, meals, and new technology. In short, the negative impact distance learning has on families financially is glaring. I told y'all it's all about compliance because WUTTICEDIS?! — Angela 👩🏾‍💻👩🏾‍🏫 (@wokeSTEMteacher) September 6, 2020 This fall, some Southern California school districts still require private school kids to wear uniforms in the...

Sep 19, 2020

How Much Good Did the $600 Unemployment Bonus Really Do?

The $600 unemployment bonus initiated during the COVID-19 pandemic has been contentious. While some argue it discouraged workers from returning to their jobs, others say the $600 was necessary and that those who are now without it are feeling a severe financial pinch. How much help did the bonus really provide, and what should those who were counting on the funds do now? Remember, the news is constantly evolving as states are independently assessing the value of additional bonuses. If you are dependent on these funds, it would be wise to stay up to date on developments in states’ policies, as some jurisdictions are providing an extra $300 to $400 of weekly unemployment benefits. Here’s everything you need to know about the success of the program and how to find more money for daily expenses if you’re out of work. What was the goal of the bonus? To help with the economic fallout of the COVID-19 pandemic, the Coronavirus Aid, Relief and Economic Security Act, also known as the CARES...

Sep 2, 2020

Nonprofit XPRIZE Wants to Help Underserved Communities Largely Impacted By Unemployment

Since the start of COVID-19, the U.S. has been rocked to its core as unemployment continues to rise while displacing many Americans from their jobs — specifically those a part of disinvested communities who have especially felt the effects of the pandemic. Over 100 days later and the country is still in search of answers to our socioeconomic issues as they relate to unemployment. However, thanks to these nonprofit organizations, we can expect to see a change on the horizon. XPRIZE —  a nonprofit organization that uses global competitions to crowdsource solutions to some of the world’s biggest challenges — and New Profit — a nonprofit venture philanthropy organization that backs breakthrough social entrepreneurs in America — have joined forces. The two have announced a competition called XPRIZE Rapid Reskilling — powered by XPRIZE and MIT Solve — that aims to reinvent job training methods for displaced workers and get people back to work. The XPRIZE Rapid Reskilling Prize contest...

Aug 7, 2020

30 Quick Ways to Make Money in The Next 30 Days

What would you do with an extra $500? Kickstart your emergency fund ? Finish paying off one of your credit cards? Or would you need the money to pay your bills? According to the Federal Reserve, 44 percent of American adults would have difficulties handling an unexpected expense of $400. I remember the days when I looked ahead to the end of the month with disappointment, knowing that my money would run out before I got there. To stave off some of those feelings of fear, I began looking for ways to make money. Quick ways to make money in 30 days When facing a difficult financial situation, you might have a bit of time to make ends meet. If you have 30 days to get back into good standing — or even if you’re just looking for a regular way to make an extra $500 each month to meet your goals faster — there’s good news. The following ideas can be quick ways to make money. Do two or three items on this list, and you could earn $500 by the end of the month. Start by selling something Some...

Apr 10, 2020

Places Where Taxpayers May Wait Longer for Their Stimulus Checks

The CARES Act stimulus checks may offer some relief to taxpayers amid the coronavirus outbreak, but distribution may pose a problem for the millions who don’t use direct deposit to receive their tax refunds. In 2019, 19.8 million taxpayers waited longer for their tax refunds to arrive via paper check. Today, these same taxpayers will have to wait longer again — potentially up to an additional three months — for their stimulus checks. MagnifyMoney looked at the 100 largest metro areas in the U.S. to determine where taxpayers used direct deposit the most (and least) to receive their 2018 tax refund. Cities with the highest percentages of check-receiving taxpayers are where people will likely wait longer for financial relief to arrive. In this review, we’ll cover: Key findings Where taxpayers may have to wait longer for their stimulus checks What to do if you didn’t use direct deposit File your 2019 tax return as soon as possible Provide your banking information to the IRS online Open...

Apr 9, 2020

Tips to Survive Financial Hardship From Home

Life as we know it has changed over the span of several weeks as the coronavirus sweeps through our nation and wreaks havoc on everyday life. Many Americans are facing sudden unemployment and small businesses are unable to make payroll. During these times, finding ways to survive financial hardship is at the top of the list, especially for those who have been laid off due to the coronavirus. Here are some tips on how to do so from your own home. Apply for a position with a hiring company While there are a lot of layoffs, there are also many companies hiring to meet the demands of consumer products. Amazon announced that they were creating 100,000 new jobs and Walmart pledged to open 150,000 new hourly positions. Other industries including the hospitality and medical industries are also doing their part to support jobseekers. Hilton has created a job board of employment openings and CVS p lans to hire 50,000 new full-time, part-time, and temporary positions. Look out for freelance...

Mar 30, 2020

Walmart, PepsiCo and More Companies That Are Going All Out To Support Their Employees

Many employees have been laid off and suddenly found themselves jobless due to the coronavirus outbreak. According to the Washington Post , The Labor Department reported 281,000 people have applied for layoff benefits as of Thursday, and the figure is expected to worsen in the coming weeks. In efforts to combat the nation’s coronavirus induced financial crisis, many mainstream companies are stepping up to the plate and providing financial assistance to their employees. Walmart The country’s largest retailer, Walmart, announced Thursday that the corporation will be providing a cash bonus to their hourly employees at stores, clubs, offices, and supply chains for their hard work during the outbreak. Bonuses include $150 for part-time employees and $300 for full-time employees. The bonuses will tally up to more than $365 million with a payout date of April 2, 2020. PepsiCo PepsiCo is providing additional compensation for its 90,000+ frontline employees who work at their North American...

Mar 28, 2020