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Black MBA NetWire
arrows January 26, 2018
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Top News
Many of us don't like the idea of bragging on ourselves, but if you're trying to land a job you really want, that's part of the deal. Here are some tips to help you learn to "sell yourself" without losing your dignity. (The Muse)
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The unemployment rate for African-Americans is at its lowest point ever, but at 6.8 percent, it continues to rank well able the rate for white people. (CNN Money)
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A Ball State University study estimates that 5 million U.S. factory jobs have been lost to automation since 2000, and another study by McKinsey report warns that machines and AI could eliminate another 73 million U.S. jobs by 2030. To ensure you're not replaceable by a machine, you need strong critical thinking skills. (Business.com)
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Career
A survey by Quartz, which included researching 300,000 emails, revealed five key words that generated the most email responses. (Inc.)
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Diversity in the Workplace
Based on the recommendation of former US Attorney General Eric Holder, the company creates a senior executive position to handle diversity. (CNET)
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According to TaxTalent’s 2018 Diversity in Tax: Building Racial and Gender Diversity in the Tax Profession, racial and gender diversity is increasing in the field — up to a point. But it falls far short at the partner and principal levels. Those positions still remain the domain of older white males. (accounting web)
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International
It's possible that some of America's biggest companies, including Apple and Boeing, could find themselves caught between the trade war brewing between the U.S. and China as tensions between the two countries grow. (CNN Money)
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It has been 19 months since British citizens decided via the ballot to leave the European Union. Yet all these months later, there is still debate over whether Britain did the right thing and Prime Minister Theresa May is still working on convincing people it's going to happen. (Bloomberg)
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Education
African-American and Latino workers comprise just 16 percent of the advanced manufacturing workforce, 15 percent of the computing workforce and 12 percent of the engineering workforce, rates that have remained essentially flat for more than a decade, according to the 2015 U.S. News/Raytheon STEM Index. And yet some STEM industries are already facing shortages of qualified personnel, and others project major growth in the future. (U.S. News & World Report)
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Research by the Higher Education Statistics Agency in Britain shows that mental-health conditions among higher education students – which include undergraduates, postgraduates and MBAs – rose to 35,500 in 2015 from 13,060 in 2010. Dropout rates among these same learners more than tripled during the same period. (The Globe and Mail)
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Technology
Mars Reel, a company founded by twin brothers, Brandon and Bradley Deyo, streams video highlights of athletes on social media platforms like Instagram, Twitter, Snapchat, YouTube, and Facebook. (Black Enterprise)
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On Thursday, Google introduced a tool that will block ads for items users have checked out on other sites but didn't buy. So now you can browse for a pair of shoes or that fancy purse and leave them in the shopping cart without fear of being stalked. (CNN)
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New York state has joined Montana in a fight against the federal government over the Federal Communications Commission's decision to repeal its net neutrality rules. (The Washington Post)
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Entrepreneurship
Jackson Kayak has 185 employees and has $24 million in sales, and owner Eric Jackson has managed to build his business with a fierce determination to have work-life balance. (Inc.)
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Black Enterprise will return to Charlotte, North Carolina, to hold the 23rd annual Entrepreneurs Summit hosted by Nationwide on Wednesday, June 6, through Saturday, June 9, at the Charlotte Convention Center. The three-day power conference, which brings together more than 1,000 of the country's leading entrepreneurs and corporate executives, is designed to provide attendees with the innovative strategies and networking opportunities critical for their businesses to reach the next level of profitability. (PR Newswire)
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The Economy
Brutal winter weather factored heavily in the reduction in demand for home purchases in December. The Commerce Department said Thursday that new-home sales skidded 9.3% last month to a seasonally adjusted annual rate of 625,000. It was the biggest drop since August 2016. November sales were revised lower — to 689,000 from an originally reported 733,000, but were still the strongest since October 2007. (USA TODAY)
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Personal Finance
A former IRS agent gives advice on what to expect if you're audited by the IRS, and what you need to do to be prepared to defend yourself. (Black Enterprise)
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