Economy

Johnny C. Taylor, Jr. is president and CEO of the Society for Human Resource Management and author of "Reset: A Leader's Guide to Work in an Age of Upheaval." The opinions expressed in this commentary are his own. As restaurants, malls and movie theaters fill back up with people, the workplace has remained nearly empty. This is partly driven by how engrained remote work has become in society. People have invested in creating workspaces in their homes, relocated to smaller towns and even taken their work to vacation resorts. Now, amidst an easing pandemic and slowing economy, companies are increasingly trying to draw employees back into the office. But many just don't want to go. For more than a year, workers have held the advantage in a historically competitive labor market. But a looming economic downshift threatens to reverse the balance of power from employee back to employer. Though seen as a necessity during the pandemic, some business leaders … [Read more...] about Opinion: Fully remote work could soon vanish

This is a carousel. Use Next and Previous buttons to navigate 2 If you’ve lived in the Bay Area long enough, you’ve probably heard someone say that homes here are a great investment because prices never go down. I thought I’d never hear the second part of that statement again after Bay Area home prices fell by more than a third during the 2007-09 Great Recession, but a real estate agent told me that just a few weeks ago. Patrick Carlisle, chief market analyst for the Compass real estate brokerage, said he still hears it a lot too. For those who never bought a home near the peak of a housing market, or tried to sell one during a trough, it may seem as though prices never fall, because over the long term they tend to go up, at least as fast as inflation. Since 2000, Bay Area home prices — as measured by the S&P CoreLogic Case-Shiller home-price index for the five-county San Francisco metro area — have outstripped both inflation and home … [Read more...] about What would happen to Bay Area home prices if a recession hit?

0 Community Corner Each year in San Diego, more than 15,000 military personnel transition out of active duty and into the civilian workforce. Press Release Desk , News Partner Posted Reply Press release from Helix Water District: Aug 9, 2022 Helix Board Member Mark Gracyk and our human resources team will be among the military and water industry panelists at the Warriors2Water Career Day tomorrow, August 10, from 8:30 a.m. to 4 p.m. at the Cuyamaca College Student Center. The free event, hosted by the Center for Water Studies at Cuyamaca College and San Diego County water and wastewater utilities, will introduce current and soon-to-be military veterans to the career pathways in the water industry. The services that water and wastewater utilities provide are essential to public health and safety, the environment, local and regional economies and the jobs they provide. Attendees can also talk with the Helix human … [Read more...] about Helix At Warriors2Water Career Day Tomorrow, August 10

NEW DELHI — India is facing major diplomatic outrage from Muslim-majority countries after top officials in the governing Hindu nationalist party made derogatory references to Islam and the Prophet Muhammad . The comments drew accusations of blasphemy across some Arab nations that have left New Delhi struggling to contain the damaging fallout. At least five Arab nations have lodged official protests against India, and Pakistan and Afghanistan also reacted strongly Monday to the comments made by two prominent spokespeople from Prime Minister Narendra Modi ’s Bharatiya Janata Party. Anger has poured out on social media, and calls for a boycott of Indian goods have surfaced in some Arab nations. At home, it has led to protests against Modi’s party in some parts of the country. 2019: India’s prime minister facing severe backlash over anti-Muslim citizenship law Dec. 27, 2019 06:17 The controversial remarks follow increasing … [Read more...] about Muslim countries slam India over insulting remarks about Islam

Amid an infuriating summer for air travel, the Department of Transportation is proposing changes to federal policy that guide flight refunds, providing more recourse for passengers when airlines cancel flights or significantly alter a flight’s schedule, route or seat categories. The rule, which the agency will decide on after a 90-day public comment period closes, would also require U.S. carriers that received pandemic aid to issue a full refund if a passenger chooses not to travel because of certain coronavirus-related factors, such as a country shutting down to nonessential travel. “This new proposed rule would protect the rights of travelers and help ensure they get the timely refunds they deserve from the airlines,” said Pete Buttigieg, the transportation secretary, in a statement on Wednesday announcing the proposal. Under the current Department of Transportation policy, airlines are already supposed to reimburse passengers for flights that have been canceled … [Read more...] about Transportation Dept. Proposes New Rule to Ease Air Travel Chaos for Passengers

The Taliban jihadist organization celebrated the one-year anniversary of its takeover of Afghanistan on Monday by declaring a national holiday, applauding itself for its alleged “achievements,” and demanding America fund its success. Taliban terrorists seized Kabul, the national capital, on August 15, 2021, after then-President Ashraf Ghani fled the country. Taliban leaders insist to this day that they did not take power willingly but only filled a power vacuum left by Ghani, a claim undermined by the campaign of national conquest that the group engaged in for months prior to arriving in Kabul – and for 20 years following the September 11, 2001, terrorist attacks. The Taliban arrived in Kabul after decades of fighting American-backed troops elsewhere in the country following leftist President Joe Biden’s decision to break an agreement brokered between the group and the administration of former President Donald Trump that would have ended U.S. involvement in the country in May of … [Read more...] about The Taliban Celebrates ‘Kabul Conquest Day’ by Asking America for Money