BUSINESS SERVICES : View Posts

NANTONG, China, Nov. 30, 2021 — On the morning of November 29, the 2021 China Nantong Talent Entrepreneurship Week and Science and Technology Industry Talent Development Conference hosted by Nantong City opened in Nantong. 24 academicians from home and abroad, as well as professors and experts from high-level universities and institutes, top talents, global scientific experts, investors, and national mainstream media gathered in Nantong to share the opportunities of the times and future development, according to Nantong Talent Office.

The opening ceremony of the 2021 China Nantong Talent Entrepreneurship Week and Science and Technology Industry Talent Development Conference
The opening ceremony of the 2021 China Nantong Talent Entrepreneurship Week and Science and Technology Industry Talent Development Conference
Today’s Nantong is more eager for talents than ever before, and it is more qualified to achieve talents than ever.

Nantong will come up with sincere intentions, real conditions and real support, and launch a series of highly competitive products. Nantong will establish and improve a multi-level housing supply system from “a bed” to “a room” to “a house”, continue to improve the supporting functions of public services, and provide maximum support for talents to come and start businesses.

Nantong will be more exciting because of the talents, and the talents will be more excellent in Nantong.

The opening ceremony released the “Policies on Further Improving the Development Index of Youth and Talent-Friendly Cities” (Talent New Policy 3.0) and the plan for the Technology and Innovation Belt along the Yangtze River. A talent map for the biomedical industry was launched to provide all-round policy guarantees and a good environment for companies and talents that come to start-up and develop and send a sincere invitation to the world’s talents. In 2021, Nantong has newly selected 71 talents in provincial innovation system, and 87 talents in municipal innovation system.

This year is the 11th consecutive year that Nantong has held Talent Entrepreneurship Week. In addition to the opening ceremony, this week will continue until December 4, and will simultaneously host 10 more competitions such as the 1st Nantong Overseas High-level Talent Innovation and Entrepreneurship Summit, the 2021 Nantong Technology Innovation Enterprise Summit and the 1st “North High-tech” Talent Competition, which will empower all aspects of this talent conference.

Image Attachments Links:

Link: http://asianetnews.net/view-attachment?attach-id=409271

Caption: The opening ceremony of the 2021 China Nantong Talent Entrepreneurship Week and
Science and Technology Industry Talent Development Conference

SOURCE Nantong Talent Office

CONTACT: Mr. Wang, Tel: +86-10-63074558

BEIJING, Nov. 30, 2021 /PRNewswire/ — China-Africa friendship is expected to continue to flourish as cooperation is further deepened in various areas after the ongoing 8th Ministerial Conference of the Forum on China-Africa Cooperation (FOCAC) held in Dakar, Senegal.

China will provide an additional one billion doses of COVID-19 vaccines to Africa, carry out 10 projects on poverty alleviation and agriculture, and conduct more programs with Africa in various areas, announced President Xi Jinping on Monday when addressing the opening ceremony of the meeting via video link.

Elaborating on the secret of China-Africa friendship and looking to the future development of their relations, he highlighted unity against the pandemic, deepening practical cooperation, promoting green development, and safeguarding fairness and justice.

Cooperation against COVID-19

“To reach the target set by the African Union of vaccinating 60 percent of the African population against COVID-19 by 2022, China will provide another one billion doses of vaccines to Africa, of which 600 million doses will be provided free,” Xi said.

During the toughest times in China’s fight against the COVID-19 epidemic, African countries and regional organizations such as the African Union (AU) provided strong support to China. After COVID-19 struck Africa, China supplied 50 African countries and the AU Commission with COVID-19 vaccines.

“China will never forget African countries’ profound friendship,” Xi said, adding that China will also carry out 10 medical and health projects for African countries and send 1,500 medical team members and public health experts to Africa.

Earlier this week, the main building of the Chinese-funded headquarters for the Africa Centers for Disease Control and Prevention was structurally completed.

Practical cooperation in various areas

China will work with Africa to expand trade and investment, share experience in poverty alleviation, and strengthen cooperation on digital economy and renewable energy, Xi said.

China will send 500 agricultural experts to Africa, work closely with African countries to implement nine major projects on healthcare, poverty alleviation, trade, investment, digital innovation, green development, capacity building, cultural exchanges and security, he added.

Since the founding of FOCAC, Chinese companies have utilized various funds to help African countries build and upgrade more than 10,000 km of railways, nearly 100,000 km of highways, nearly 1,000 bridges and 100 ports, and 66,000 km of power transmission and distribution network, according to a white paper titled “China and Africa in the New Era: A Partnership of Equals” released on Friday.

Building China-Africa community with a shared future

This year marks the 65th anniversary of the start of diplomatic relations between China and African countries.

Hailing the spirit of China-Africa friendship and cooperation, Xi said it reflects the two sides’ experience of sharing weal and woe and serves as the source of strength for furthering China-Africa ties.

Over the past 65 years, China and Africa have forged unbreakable fraternity in the struggle against imperialism and colonialism, and embarked on a distinct path of cooperation in the journey toward development and revitalization, he said.

“Together, we have written a splendid chapter of mutual assistance amidst complex changes, and set a shining example for building a new type of international relations,” he said.

Xi put forward the principles of China’s Africa policy: sincerity, real results, amity and good faith, and pursuing the greater good and shared interests.

At the initiative of both China and African countries, FOCAC was inaugurated at its first Ministerial Conference in Beijing in October 2000, with the goals of responding to the challenges emerging from economic globalization and seeking common development.

FOCAC now has 55 members, comprising China, the 53 African countries that have diplomatic relations with China, and the AU Commission.

https://news.cgtn.com/news/2021-11-29/Xi-addresses-opening-ceremony-of-8th-FOCAC-ministerial-conference-15At0m8AIOk/index.html

SOURCE CGTN

CONTACT: Jiang Simin, +86-188-2655-3286, cgtn@cgtn.com

Related Links
www.cgtn.com

TORONTO, Nov. 8, 2021 /CNW/ – Small and medium sized enterprises (SMEs) in four regions of Canada will get a much needed boost backed by 50 chambers of commerce and boards of trade. Many have faced acute labour market disruption due to the pandemic and need critical access to resources and tools to bolster skill development and talent retention to support future growth.

The Future Skills Centre (FSC) is investing $3.7 million in a partnership with the Ontario Chamber of Commerce to launch an online training and learning management platform that will (support at least 200 small businesses in Manitoba, Ontario, Quebec and Atlantic Canada.

The platform will include curated content that builds on work spearheaded by the Diversity Institute and utilizes Magnet’s technical infrastructure to connect users to the content. SMEs will be able to access a wide variety of free resources including ones on leadership, diversity and inclusion, mental health and wellness, digital skills and regulatory compliance. These will be in the form of short courses, e-learning modules and other workforce tools.

SMEs form the backbone of the Canadian economy, employing almost 90 per cent of all Canadians who work in the private sector. Although they drive economic growth, these businesses often cannot stay competitive as they lack the resources to upskill and train their employees – hindering growth, recruitment and retention of new and diverse workers.

This investment is part of FSC’s strategy to test approaches that anticipate and address labour market disruption and invest in research and training partnerships that prepare people for the future of work. FSC recently announced partnerships in key sectors.

QUOTES

“Small businesses are at the heart of communities across the country but they have been the hardest hit by the pandemic. This partnership will help forge a path to economic recovery for them by sharing skills and training content that is cost-effective and customized to meet the unique needs of individual companies. We’re proud to work with the Future Skills Centre and our key partners to deliver vital resources for small businesses through our local chambers of commerce and boards of trade.”
– Rocco Rossi, President and CEO of the Ontario Chamber of Commerce.

“As the country’s economic recovery is underway, Canadians need access to skills development opportunities that will help them advance their careers and be better positioned in a digital economy. This project from the Future Skills Centre will help accomplish that while also supporting small businesses and making them, and their employees, more agile to respond to the needs of the labour market and economy.”
– Carla Qualtrough, Minister of Employment, Workforce Development and Disability Inclusion

“We know that many businesses work on tight margins with not much extra time or money to figure out a skills strategy for their workforce. Through this innovative collaboration, we’re working side by side to help small businesses address the challenges they face in shifting to new business models and having a place to turn to for support in learning new skills. Building business solutions by creating digital tools and resources is crucial for the workforce of the future.”
– Pedro Barata, Executive Director, Future Skills Centre

“Even pre-COVID-19, 40 percent of SMEs identified skills shortages as a major competitive challenge. Most SMEs can’t afford the dedicated human resources capacity needed to balance competing demands of supporting recruitment, advancing upskilling and improving diversity and inclusion. This new platform will provide an opportunity to build critical mass to curate training opportunities, build inclusive human resources and share best practices to get SMEs the talent they need.”
– Wendy Cukier, director of Ryerson University’s Diversity Institute and academic research lead of the Future Skills Centre

QUICK FACTS

A centralized digital library will host curated and shareable content such as resources and tools in a number critical topics and unlock organizational human resources capacity for SMEs.
Training content will be identified, sourced and validated to meet the needs of SMEs across Canada, including at least 30% of SMEs led by equity-seeking groups. Training on diversity and inclusion aims to reduce hiring barriers for these groups.
Businesses will develop, submit and digitize their own learning content to share with other SMEs. Content can also be adapted to ensure it meets users’ needs.
About OCC
The Ontario Chamber of Commerce, representing 157-member chambers of commerce and boards of trade and a diverse network of 60,000 members, is the indispensable partner of business. For more than a century, the OCC has undertaken important research on Ontario’s most pressing policy issues, advocating for solutions that will foster the growth of Ontario businesses and lead to the creation of jobs in the province. Its mission is to convene, align and advance the interests of its members through principled policy work, value-added business services, and broad engagement to build prosperity for all Ontarians.

About FSC
The Future Skills Centre (FSC) is a forward-thinking centre for research and collaboration dedicated to preparing Canadians for employment success. We believe Canadians should feel confident about the skills they have to succeed in a changing workforce. As a pan-Canadian community, we are collaborating to rigorously identify, test, measure, and share innovative approaches to assessing and developing the skills Canadians need to thrive in the days and years ahead. The Future Skills Centre was founded by a consortium whose members are Ryerson University, Blueprint, and The Conference Board of Canada, and is funded by the Government of Canada’s Future Skills Program.

About Ryerson University’s Diversity Institute
The Diversity Institute conducts and coordinates multi-disciplinary, multi-stakeholder research to create practical strategies to advance skills and employment opportunities for women, racialized people, newcomers, Indigenous people, persons living with disabilities and others. The Diversity Institute is home to unique programs such as the Advanced Digital and Professional Training Program (ADaPT) as well as the Women Entrepreneurship Knowledge Hub aimed at building an inclusive innovation ecosystem.

About Magnet
Magnet is a digital social innovation platform founded at Ryerson University. Magnet’s mission is to accelerate inclusive economic growth for all in Canada by advancing careers, businesses and communities. Magnet works with partners in education, industry, government, technology, and community services to build tools that users can access through our platforms to support a common goal: inclusive growth.

SOURCE The Future Skills Centre

CONTACT: Media Contact: Eglantine Ronfard, Future Skills Centre, Bilingual Communications Manager, eglantine.ronfard@fsc-ccf.ca, 647.262.3706

DALLAS, Nov. 1, 2021 — ‘Protégé To Pro’ is a digital destination created by Texas entrepreneur Brittany Willis to arm entrepreneurs and career professionals with Fortune 500 knowledge. Protégé To Pro will launch with its first online course offering titled “So, You Want to Open a Franchise?”, which is open for registration at www.protegetopro.com. Protégé To Pro is presented by Willis’s company Eight28 Enterprises, LLC which also owns and operates a PJ’s Coffee of New Orleans franchise in North Dallas, Texas.

The first Protégé To Pro course, “So, You Want to Open a Franchise?”, is designed to help potential franchisees in any industry evaluate whether they should or can pursue a franchise opportunity. The course material details what potential franchise owners should know prior to discussing opportunities with a franchisor, provides first-hand detail on the realities of franchise ownership, and devotes significant time to the financial aspect of the endeavor to ensure preparedness.

Willis successfully opened her coffee shop franchise in early 2021, during the height of the COVID-19 pandemic. She’s now using what’s she’s learned to show others a pathway forward in a space many don’t know is available to them with proper planning and self-evaluation.

“Franchising is a mode of enterprise many of my peers don’t even see as an option, and I want to change that. I see franchising as an opportunity for us to create generational wealth for our families and communities. It’s one that must be entered into with proper understanding and planning. I hope our initial Protégé To Pro course is a first step in that direction for those who complete it,” said Brittany Willis, Founder of Protégé to Pro.

For more information on Brittany Willis and future offerings from Protégé To Pro, please visit www.protegetopro.com.

ABOUT EIGHT28 ENTERPRISES, LLC
Eight28 Enterprises, LLC provides start-up and small business consulting, franchise consulting, and marketing and brand communications consulting. Eight28 Enterprises’ mission is to inspire, empower, and facilitate entrepreneurial and professional excellence. Its Founder, Brittany Willis, has a B.A. from Vanderbilt University with Honors and a Master of Business Administration from the University of Arkansas – Sam Walton Graduate School of Business. Willis has more than a decade of Fortune 500 experience, successfully developing and managing corporate retail accounts valued at more than $300 million.

GJP Media Services:
giselle@gisellephelps.com
917-780-2495

SOURCE Eight28 Enterprises

WILMINGTON, Del., Oct. 25, 2021 /PRNewswire/ — The initiative is moving forward with the aim to develop a new business strategic partnership between companies from both countries. The founder believes both countries shall benefit from the initiative, strongly adding that “the two nations have so much to hold on to, eighty-years of strategic relations, that would not be easy to break and extremely costly to replace.”

The founder succeeded in identifying potential partners, creating shared vision (and mission) and establishing specific roles and responsibilities. An ongoing phase involves contacting selected Saudi groups to join the SAPD initiative. The driving force behind this ambitious initiative is Dr. Ibrahim Al-Mutrif, the Chairman and Co-Founder of The Online Publishers LLC, aka TOP, the President of the Prosperity Well Economic Consulting, the former Deputy Governor of the Saudi General Investment Authority, the Dean of Faculty and Associate Professor of International Relations at KFUPM, the Secretary General of the Eastern Province Chamber of Commerce and Industry and the CEO World Trade Center Saudi Holding. Dr. Ibrahim serves as a Board member for the Committee for International Trade and the former VP and Board of Governor’s member of the World Association for Small and Medium Enterprises.

The SAPD is committed to building on the eighty-years of strategic relations, by working as a “vehicle” encouraging leading American groups to get involved in the Saudi mega projects as well as joining investments in the huge infrastructure programs in key sectors such as oil and gas, power, construction, water, mining and healthcare.

After one-year covid caused delay, the foundation for accomplishing the aims of the SAPD is in place. Dr. Al-Mutrif see no reason why the project cannot takeoff as planned.

More on www.2030visionalliance.com

For further information, visit https://www.theonlinepublishers.com/

Contact Person: Dr. Ibrahim Al-Mutrif
Our Official Email Address is: iam@2030visionalliance.com
Telephone: +966.50.59.888.59

SOURCE Saudi American Partners in Development

RIVERSIDE, Calif., Oct. 22, 2021 /PRNewswire/ — The demise of dense downtown areas in the United States has been predicted throughout, and long before, the COVID-19 pandemic. But according to a new analysis released today by the UC Riverside School of Business Center for Economic Forecasting and Development, downtowns are far from dying and today continue to be the largest job centers in most regions across the nation.

While the report identifies unique challenges facing downtowns due to pandemic-driven shifts in behavior, these changes are not likely to outweigh the things that have traditionally drawn businesses and workers to centralized urban areas.

“A century ago Henry Ford predicted that cities were ‘doomed’ due to the mass production of cars, and those same predictions have come with every communication innovation since, from telephone to fax to email to Zoom,” said Taner Osman, Research Manager at the Center for Forecasting and the report’s author. “The prized benefits that central cities generally deliver – better access to workers, business services, infrastructure, and networking and innovation opportunities – have made downtowns much more resilient than people believed over the decades and firms still want a presence in these areas despite higher costs.”

The economies of downtowns, or ‘central business districts’ have been doubly affected by the pandemic as they are home to both a hefty share of jobs in industries that suffered large employment losses, such as Leisure and Hospitality, and also to industries where work-from-home trends are strongest.

The most significant effect will likely stem from work-from-home trends. Throughout the pandemic, office workers have been by far the most likely to work from home. At the same time, in the 100 largest regions in the nation, office jobs account for 40% of all positions in central business districts. As more office employees work from home, the pandemic has had the effect of lowering the daytime populations of downtowns, affecting multiple industries beyond the office.

The principal question is whether working from home will become a new normal. “The endurance of work-from-home trends will ultimately depend on worker productivity,” said Osman. Academic research has come down on both sides of this question, with some studies revealing greater productivity at home contrasted against a large body of research that finds face-to-face contact is a key source of productivity.

Contact:
Victoria Pike Bond,
415-488-7195,
Victoria.bond@ucr.edu

SOURCE UC Riverside School of Business Center for Economic Forecasting and Development

TORONTO, Oct. 21, 2021 /CNW Telbec/ – The Onyx Initiative, a Toronto-based non-profit established to bridge the pervasive gap in the recruitment and selection of Black college and university students and recent graduates for roles in corporate Canada, is celebrating a slew of achievements since launching one year ago today including exponential growth in the number of participants for its national Scholars Program and increasing support from some of the largest and most prominent companies on the TSX, such as Bell, TD Bank Group, Amazon Canada, Telus, Walmart Canada, PwC, HP Canada, National Bank, Lululemon Canada, and many more.

“It’s an incredible feeling to see our desire to make a real difference in the lives of others evolve into an idea that garnered tremendous enthusiasm and now an organization which in just one year has surpassed our greatest expectations,” said Nigela Purboo, Co-Founder and Executive Director, Onyx Initiative. “While there is still much more work to be done, the good that has been born out of unspeakable tragedies and a global social justice movement is a testament to both the necessity of dismantling systemic inequality and the power of collaboration.”

For the Onyx team, the noteworthy internships and full-time roles that many scholars have secured as a result of the 55 events the organization has curated, to enhance their personal and professional development and connect them with key corporate executives, is as crucial as the premier alliances that have been forged. These events include Employer Discovery Sessions with Rogers Communications, Air Miles, CIBC, Manulife, Nasdaq, Dentsu, and The Ontario Teachers Pension Plan, to name a few. As well as Career Hacking webinars focused on resume preparation, optimal interviews skills, mental health and well-being, resilience, and navigating diverse work environments. The programming endeavors also encompass a LinkedIn Learning Club Series, career exploration meetups, and most recently a virtual career fair, in partnership with Technation – an organization with a 60-year history of facilitating career-ready programs; the innovative event drew more than 500 attendees and 35 corporate partners.

“We established Onyx on the simple premise that awareness and access are two of the most formidable barriers to Black youth and professionals getting their foot in the door and acquiring the necessary skills to advance into career-defining, life-changing roles,” said Wayne Purboo, Co-Founder, Onyx Initiative “Ensuring that our scholars have as much exclusive exposure as possible to the opportunities, the gatekeepers, and the decision makers will always be a major priority for our team.”

Amongst Onyx’s ongoing efforts to harness valuable resources that bolster current and future cohorts’ career preparation and longevity is the addition of Executive Fireside Chats with distinguished industry leaders like BlackNorth Founder and Dragons Den Dragon Wes Hall and TD’s Global Executive Officer, Cyber Security and CILAR Chair Claudette McGowan. The monthly chats, which began in September,

will feature a broad base of experienced speakers in a casual, virtual format. The organization’s previously announced 1:1 mentorship matching program, via Ten Thousand Coffees, which is still open for mentor applications (https://www.onyxinitiative.org/apply/mentor/) and the two Career Success coaches who regularly advise the scholars on a myriad of employment-related topics are also a part of this cohesive strategy.

“Our objective since inception has been to remain flexible; we understand that being open to integrated approaches that deliver the kind of comprehensive support that our scholars need is the best way to move our mission forward,” said Nigela. “We are truly fortunate to have so many like-minded allies for whom giving back a measure of what they have received is an integral part of their lives.”

Onyx’s launch in October 2020 was heralded as a significant, necessary endeavour and was accompanied by a full page feature in the Globe & Mail, and interviews on CTV’s Your Morning, CTV News Toronto, CP24, and BNN Bloomberg. This exposure and a robust outreach plan have been the catalyst for the innumerable requests the co-founders have received to participate on panels and deliver keynote speeches at events targeting audiences in sectors ranging from health care and research to higher education and technology.

“The continued interest in these timely and critical discussions is encouraging as it is indicative of the long-term commitment that companies, government officials, and academic institutions have made to stay the course,” said Wayne. “We are confident that with a sustained focus and dedication to true inclusivity and advancement, the cumulative effect of our efforts, in conjunction with our amazing partners, will be a corporate landscape that is more reflective of the diverse Canadian population that all businesses serve.”

Applications for the Onyx Scholars Program are accepted year-round. The selection process for the third cohort will begin in early 2022 with onboarding slated for the spring. For more information, please contact shane.malcolm@onyxinitiative.org.

ABOUT ONYX INITIATIVE

Onyx Initiative is a non-profit organization founded by entrepreneurs and philanthropists Wayne and Nigela Purboo in the wake of the global social justice movement and the subsequent call to action. The organization was established on the simple premise that anyone seeking meaningful employment and advancement should have an equal opportunity to do so. Onyx’s purpose is to expand the Black talent pipeline via cohesive, mutually beneficial partnerships to close the current systemic gap in the recruiting and selection of Black university and college students and recent graduates for roles in corporate Canada. Onyx’s model is based on a dual and complimentary value proposition – leverage post-secondary educational resources to create an expansive supply of high potential Black talent and collaborate with prominent businesses to nurture a growing demand for more inclusive internships and full-time placements.

SOCIAL MEDIA LINKS

Onyx Instagram

Onyx Twitter

Onyx LinkedIn

SOURCE The Onyx Initiative

CONTACT: MEDIA CONTACT: Nicole Chrysostom-Murray, Communications Specialist, nicole@onyxinitiative.org

LOS ANGELES, Oct. 19, 2021 /PRNewswire/ — Deloitte & Touche LLP, a leader in providing audit, assurance and risk, and financial advisory services to public and private companies, and AuditBoard Inc., the innovative cloud-based platform for audit, risk, and compliance management, today announced a strategic alliance in conjunction with “Audit & Beyond 2021,” AuditBoard’s User Conference, taking place Oct. 19-21 at Terranea Resort in Los Angeles, California.

The alliance brings together AuditBoard’s cloud-based, integrated suite of audit, risk, and compliance solutions with Deloitte’s controls advisory and Sarbanes-Oxley (SOX) and internal control over financial reporting professional advisory services to provide streamlined risk management, SOX compliance, internal audit, and controls management to clients.

The rapid and unprecedented pace of change — and lingering impact brought on by the pandemic — has raised concerns of increased regulation and compliance requirements. Emerging technologies, regulatory changes, and talent model shifts introduce new risks that need to be managed.

AuditBoard’s integrated audit, risk, and compliance solutions connect risk, and centralize and streamline SOX and internal audit workflow, testing, and reporting in a single platform, bringing together internal audit teams, IT compliance teams, external auditors, process owners, and executives to help enterprises automate, effectively manage, collaborate, and report on risk and control data in real time.

Deloitte works with organizations to help them modernize, automate, and ingrain financial governance from the executive board level and senior management level to the execution of transactions while still managing the total cost of compliance. Leveraging emerging technologies to help organizations shift the focus of their controls function from hindsight to foresight, Deloitte’s suite of tech-enabled services can help executives gain a better understanding of their current state of controls, spot trends, identify opportunities, and change behavior.

Few, if any, compliance requirements surpass the governance, risk and controls challenges presented to companies than those within the Sarbanes-Oxley Act. Deloitte provides SOX-related services for any SOX program stage, from IPO and SPAC readiness to modernization and optimization of existing end-to-end SOX programs. For private companies planning an IPO or SPAC, Deloitte can assist with building a SOX readiness program that works for most organizations. For existing issuers, Deloitte can help organizations modernize their program through operating model transformation, process enhancement, and technology enablement. An optimized SOX program can deliver critical benefits, including enhanced quality, increased effectiveness and efficiency, deeper insights, and may reduce the total cost of compliance.

“This strategic alliance combines the power of our audit, risk, and compliance platform with Deloitte’s deep audit and advisory domain experience, providing extended value to our shared customers,” AuditBoard President and CEO Scott Arnold said. “We put our customers at the center of everything we do, and this exciting relationship is another example of how we’re working to elevate and empower them, in collaboration with one of the most respected names in the industry.”

“Internal controls compliance is more than just achieving the baseline. It should extract value,” said Lindsay Rosenfeld, managing director and Governance, Risk and Controls service offering leader within Deloitte & Touche LLP’s Accounting Advisory & Transformation Services practice. “Our professional services integrate with AuditBoard’s advanced audit, risk and compliance management technology to provide more effective and efficient solutions for our clients,” said Ashok Parmar, partner within Deloitte & Touche LLP’s Accounting Advisory & Transformation Services practice.

About AuditBoard
AuditBoard transforms how audit, risk, and compliance professionals manage today’s dynamic risk landscape with a modern connected platform that engages the front lines, surfaces the risks that matter, and drives better strategic decision-making. More than 25% of the Fortune 500 leverage AuditBoard to move their businesses forward with greater clarity and agility. AuditBoard is top-rated by customers on G2 and Gartner Peer Insights, and was recently ranked as one of the 100 fastest-growing technology companies in North America by Deloitte. To learn more, visit AuditBoard.com.

About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today’s marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s more than 345,000 people worldwide connect for impact at www.deloitte.com.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.

SOURCE Deloitte; AuditBoard Inc.

CONTACT: Daniel Mucisko, Public Relations, Deloitte Services LP, +1 973-602-4126, dmucisko@deloitte.com; Scott Garner, Audit Board, press@auditboard

Related Links
www.deloitte.com

HONG KONG, Oct. 11, 2021 — Alibaba Hong Kong Entrepreneurs Fund (“AEF”) today announced that HSBC will be the title sponsor of the startup event JUMPSTARTER, which will be named Alibaba Entrepreneurs Fund/HSBC JUMPSTARTER 2022 Global Pitch Competition (“JUMPSTARTER 2022”). AEF and HSBC will be working closely together to promote the event to startups worldwide, and encourage interaction and experience sharing among entrepreneurs.

JUMPSTARTER 2022 is now open for applications until November 28, 2021. The top 100 entrants will be selected by the judging panel and enter the pitching phase in December. The top 10 will participate in the finals early next year, competing for a total of up to USD4 million investment* and other various awards. Hong Kong Cyberport Management Company Limited (“Cyberport”) and Hong Kong Science and Technology Parks Corporation (“HKSTP”), co-organizers of the event, will take part in a joint investment to provide further support to fuel the growth of startups.

The top 10 finalists of JUMPSTARTER 2022 will have the opportunities to participate in exchange programs and/or market research activities managed by AEF in Hong Kong and other cities in the Greater Bay Area (“GBA”). In addition, JUMPSTARTER 2022 will arrange industry experts to share their experience, helping startups to understand more about the market environment in the GBA and expand their business network, so as to identify opportunities for future growth.

Meanwhile, the top 100 of JUMPSTARTER 2022 will take part in the Alibaba Netpreneur Training Program. The quota is increased from the top 20 last year to the top 100 this year, as a way to provide network and resource support, apart from capital, for the startups.

Cindy Chow, Executive Director of Alibaba Hong Kong Entrepreneurs Fund, said, “Since onset of the pandemic, like other startups, Alibaba Hong Kong Entrepreneurs Fund has never slowed down its pace and continued to respond to market change in a swift and active manner. Noticing the rapid development of the startup ecosystem and market, JUMPSTARTER 2022 caters to the current trend and focuses on five sectors including Fintech, Deep Tech, Healthcare, Art Tech and Sustainability. It hopes to act as a bridge to connect the startups, facilitating them to learn more about the latest trends in the market. AEF believes that JUMPSTARTER 2022 can encourage and support the startups to further develop, injecting new impetus into Hong Kong and other cities in the GBA.”

Christina Ong, Head of Business Banking, Commercial Banking, Hong Kong, HSBC, said: “HSBC is committed to supporting start-ups and small businesses across all sectors along their growth journey. As an up-and-coming economic powerhouse, the Greater Bay Area offers the combined strengths of an international capital market for fundraising, research capabilities, manufacturing facilities and an enormous consumer market for start-ups to grow and thrive. JUMPSTARTER 2022 offers an excellent platform for entrepreneurial talents to capture the ample market opportunities in this vibrant city cluster, and unleash their potential over time.”

Peter Yan, Chief Executive Officer, Cyberport, said: “Complementing the National 14th Five-Year Plan, Hong Kong is deepening and expanding its connection with the GBA to allow more room to develop technology and innovation. As the digital technology flagship of Hong Kong, Cyberport has been actively supporting startups to expand their business and tap into the GBA. We encourage more startups to seize the opportunity and compete for the support offered by JUMPSTARTER 2022. With an increasing number of startup projects supported by capital from Mainland China and successful landings in the GBA, we believe we can achieve greater synergy to facilitate the development of the GBA as an international technology and innovation hub.”

Albert Wong, Chief Executive Officer, HKSTP, said: “HKSTP has always been dedicated to building a vibrant and competitive I&T ecosystem in Hong Kong and GBA by helping startups scale and access a host of resources including industry expertise, partner and investor networks, and R&D support. We are delighted to continue our partnership with Alibaba Hong Kong Entrepreneurs Fund to support promising startups and inspire more young talent to begin their entrepreneurial journey through JUMPSTARTER 2022. Together, we will capture new opportunities emerging from GBA to accelerate the development of I&T for a brighter future.”

JUMPSTARTER 2022 is open to startups that have been operating for less than five years and plan to expand into Hong Kong or other cities in the GBA (see below appendix for more requirements).

Another highlight this year is the four online sharing sessions in early November that will target startups from cities in Mainland China, Guangdong-Hong Kong-Macao Greater Bay Area and Southeast Asia. Successful startups and experts from a variety of industries will be invited to share their experiences during their entrepreneurial period, such as how to solve problems, the reasons for choosing Hong Kong or other cities in the GBA to develop business, analyze the business environment in the region, and the development opportunities of multiple emerging industries.

“Developments in the GBA offer unlimited opportunities, the economic scale is comparable to that of metropolitan areas such as New York, San Francisco and Tokyo, bringing huge development potential for startups. We have noticed the rising demand from startups to explore business and financing opportunities in the GBA. With the help of our partners, we hope to deliver more abundant online and offline resources and sharing activities, which support them to further explore the business environment for startups in these cities. Looking forward, AEF will continue to focus on achieving goals for participants, and encourage more institutions with the same vision to join us in nurturing startups,” Chow added.

Since its establishment, Alibaba Hong Kong Entrepreneurs Fund has invested approximately USD80 million into 55 startups^, attracting co-investment funding of about USD2 billion to support these startups. Its investment portfolio covers a wide range of areas, including green technology, educational technology, fintech, medical and healthcare, logistics and e-commerce.

JUMPSTARTER 2022 is now open for application. Interested parties can visit www.jumpstarter.hk/tc for more information.

* Compliance with the criteria for and completion of due diligence and other steps is required.

^ Including HKAI Lab and the investment by AEF Greater Bay Area Fund.

Appendix – JUMPSTARTER application requirement and timeline

Application requirement

If your startup fulfils the following criteria at the time of your application, you are eligible to apply:

In operation for fewer than five years
Raised less than USD20 million in funding
Startup funding is between the Seed and Series C stages
Possess a ground-breaking and innovative product or service
Desire to make Hong Kong and/or the GBA as part of your future plans
JUMPSTARTER 2021 Global Pitch Competition Time Table

Item

Date

Global callout

Mid-Sept 2021 – 28 Nov

Announcement of Top 100 and semi pitch

Dec 2021

Announcement of Top 10

Jan, 2022

Grand Finale

Mar, 2022

About Alibaba Hong Kong Entrepreneurs Fund

Alibaba Hong Kong Entrepreneurs Fund (“AEF”) is a not-for-profit initiative launched by Alibaba Group in 2015. To vitalize the development of innovation and technology, AEF’s mission is to help Hong Kong entrepreneurs and young people realize their dreams and visions for a Hong Kong that is vibrant and engaged regionally and globally. As part of its investment program, AEF provides Hong Kong-based entrepreneurs with investment capital and strategic guidance to help them grow their businesses and penetrate the mainland Chinese and global markets, by utilizing Alibaba’s Ecosystem. For more information, please visit the website: http://ent-fund.org

About JUMPSTARTER

JUMPSTARTER is a not-for-profit initiative created by Alibaba Hong Kong Entrepreneurs Fund that provides a platform for all entrepreneurs and young people to jump start their dreams in Hong Kong. It is a first-of-its-kind startup event focused exclusively on showcasing quality startups and providing high-impact networking opportunities. Its goal is to build, empower and boost Hong Kong’s startup ecosystem and entrepreneurship by bringing entrepreneurs, corporations, investors and the public together, helping to transform Hong Kong into a leading hub for global innovation and technology. For more information, please visit the website: https://www.jumpstarter.hk/

SOURCE Alibaba Hong Kong Entrepreneurs Fund

CONTACT: Eva Lee, Alibaba Group, Tel: +852 5237 8897, E-mail: eva.lee@alibaba-inc.com; Gigi Lai, Alibaba Group, Tel: +852 6840 2142, E-mail: wb-gigi.lai@alibaba-inc.com

Related Links
http://ent-fund.org

ORLANDO, Fla., Oct. 8, 2021 — Today, PepsiCo Beverages North America (PBNA) and ESSENCE, the leading and only 100% Black-owned media, technology and commerce company at scale dedicated to Black women and communities, announced the return of “She Got Now” – a multi-tiered program that celebrates, supports and honors young Black women attending Historically Black Colleges and Universities (HBCUs) across the country. The collaboration once again brings together two brands with shared goals to support HBCU students on their journey to success via career opportunities and shine a spotlight on the remarkable culture of HBCUs.

Pepsi and ESSENCE announced the return of “She Got Now” – a multi-tiered program that celebrates, supports and honors young Black women attending Historically Black Colleges and Universities (HBCUs) across the country.

Pepsi and ESSENCE announced the return of “She Got Now” – a multi-tiered program that celebrates, supports and honors young Black women attending Historically Black Colleges and Universities (HBCUs) across the country.

Starting today, HBCU female students can apply to the annual Allen McKellar Jr. Internship Program, named in honor of one of the first Black professionals to enter the corporate workforce through a position at PepsiCo. As part of the internship, 12 stellar young women from the country’s top HBCUs will be selected to work at PBNA South Division, with potential to lead to full-time job opportunities following the internship. Students can visit essence.com/shegotnow for more information.

“We are honored to partner with ESSENCE again for the ‘She Got Now’ program as we celebrate the return of homecoming season,” said Derek Lewis, President, South Division, PepsiCo Beverages North America (PBNA). “As a Hampton alum myself, I know how important on campus recruitment is for students which is why it’s been an anchor point from the program’s inception. We are looking to make this year our largest ever for ‘She Got Now’ so that we can create opportunities not just for the students accepted into the internship program but for those looking at their long-term career choices. Our goal is to foster a pipeline that encourages Black women to apply for leadership roles all year round.”

The “She Got Now” program will kick-off with a multi-campus recruitment tour on October 8th starting at Hampton University, where Pepsi and ESSENCE will host a special Instagram Live roundtable event via ESSENCE’s IGTV, offering viewers an inside peek into Pepsi’s activation at Hampton’s Homecoming that weekend as well as the internship program. The panel consists of Hampton University’s Senior Admission Counselor, Kelsey Rountree, and notable university alumni including Pepsi’s Derek Lewis (President, South Division, PBNA), ESSENCE’s Charisma Deberry (Social Media Director), and DJ and radio personality, DJ Envy, discussing the mission of She Got Now, the value of HBCUs, and career opportunities at Pepsi.

The tour will continue to Howard Homecoming, culminating with a celebration at the Florida Classic. At each stop, students will be able to get more information on the internship program, celebrate at the VIP tour bus with tunes spun by DJ Envy, along with free celebratory merchandise, enjoy free Pepsi and more. Tour dates and stops include:

October 8: Hampton Homecoming – Instagram Live event and special performance by DJ Envy (Hampton, VA)
October 23: Howard Homecoming (Washington, D.C)
November 20: Florida Classic, Bethune-Cookman vs. Florida A&M (Orlando, FL)

To date, PBNA has hired from 70 of the country’s 100+ HBCUs and has continued to further facilitate recruitment opportunities. The “She Got Now” program is part of the Pepsi brand’s ongoing commitment to working with HBCUs and fostering Black talent, as part of the larger PepsiCo Racial Equality Journey. The Racial Equality Journey is a more than $570 million set of initiatives over five years to lift Black communities and increase Black representation at PepsiCo.

The “She Got Now” Allen McKellar Jr. Internship Program is open now through December 1st to all young Black women in their final year, currently attending an HBCU. Selected students will be announced in February 2022. Interested applicants can follow the journeys of past successful interns Heaven, Camryn, and Treyonne to learn more, and visit www.essence.com/shegotnow for more information and to apply.

About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.

Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of our business strategy and brands. For more information, visit www.pepsico.com.

About ESSENCE Communications, Inc.
Essence Communications is the number one—and only 100% Black-owned—media, technology and commerce company at scale dedicated to Black women and communities. With a community of more than 31 million Black women, ESSENCE inspires a global audience through diverse storytelling and immersive original content rooted in Culture, Equity and Celebration. The brand’s multi-platform presence in publishing, experiential and online encompasses its namesake magazine; digital, video and social platforms; television specials; books; and signature live events, including Black Women in Music, Black Women in Hollywood, Street Style and the ESSENCE Festival of Culture.

SOURCE PepsiCo Beverages North America

CONTACT: Katherine Hartley, Pepsi, katherine.hartley@theacceleration.com, 316.300.9084; Sheila Harris, ESSENCE, sheila.harris@essence.com, 917.648.7318

Related Links
http://www.pepsico.com

BETHLEHEM, Pa., Sept. 1, 2021 /PRNewswire/ — StartUp Lehigh Valley, a pitch competition for area entrepreneurs developed and hosted by Factory LLC, with financial support from Penn State Lehigh Valley’s LaunchBox, is back for a third year.

After a virtual event in 2020, this year’s competition will be held live at Factory’s headquarters in south Bethlehem and broadcast live on WFMZ-TV 69News. The competition is scheduled for October 27, 2021, from 6:30-8:00 PM.

StartUp Lehigh Valley Entrepreneur Pitch Event Trailer
StartUp Lehigh Valley Entrepreneur Pitch Event Trailer
In a Shark Tank-style event designed to showcase startup companies in the Lehigh Valley community and throughout Pennsylvania, 10 finalists will pitch their products and businesses to a panel of judges in front of a live and virtual audience. Ten thousand dollars in prize money is up for grabs, along with essential resources for startup businesses.

“The StartUp Lehigh Valley pitch competition is designed to showcase the entrepreneurship that’s already happening in the Valley and get the community excited about supporting these local startups,” said Richard Thompson, managing partner at Factory. “We are thrilled to be partnering with WFMZ this year to broadcast the event live and reach more people than ever before. We also want to applaud Penn State Lehigh Valley’s LaunchBox for working with us to pull off this competition, and for providing vital resources to our local entrepreneurs year-round.

“We considered dozens of cities across the U.S. before building our innovation and scaleup facility, and we found exactly what we were looking for here in Bethlehem,” Thompson continued. “The Lehigh Valley has easy access to major airports and cities, a competitive talent pool, top-tier universities, and an exploding logistics industry. It’s perfectly poised to become a hotbed for innovation, and this competition is all about building that entrepreneurial community.”

The grand prize winner will take home $5,000. The first runner up will receive $2,500, and three additional finalists will receive LaunchBox Boost awards of $500 each. The live and virtual audience will also vote for the winner of a $1,000 Audience Choice award. Entrepreneurs have until October 15th to apply and can find all the details at startuplehighvalley.com.

The prize money is presented by lead sponsor Lehigh Valley LaunchBox, a hub of resources for entrepreneurs located at Penn State Lehigh Valley in Center Valley. All participants will have the opportunity to network at the event and are invited to take advantage of LaunchBox’s comprehensive startup services, including free legal counsel, access to grant funding, coaching, and more.

“From the first person to rub sticks together to start a fire to those who sparked the industrial age, innovation has lit our pathway to progress,” said Tina Q. Richardson, chancellor of Penn State Lehigh Valley. “But an idea, no matter how bright, is just an idea until an individual with talent, support – and gumption – captures, creates, packages, and successfully promotes it for profit: the entrepreneur. They are the backbone of our workforce, the root of all business and the reason we formed LaunchBox – to double down on our commitment to foster innovation in our region. We are so pleased to be part of this exciting event and look forward to helping these aspiring entrepreneurs gain exposure and traction through this partnership with Factory, and by connecting them to Penn State’s massive network of startup resources moving forward.”

JPMorgan Chase & Co. also contributed towards the cost of producing the event. The company is committed to supporting entrepreneurs and small businesses that create jobs and build vibrant communities.

“As our firm continues to grow in the Lehigh Valley, we couldn’t be prouder to support Factory’s StartUp event,” said Susan Youngs, relationship executive for JPMorgan Chase Commercial Banking. “JPMorgan Chase has a strong commitment to small businesses and entrepreneurs as they generate jobs, create diverse communities and are vital to prosperous cities. It’s our pleasure to help shine a spotlight on local entrepreneurs.”

Startup founders and entrepreneurs from any industry are welcome to apply to pitch. The only criteria are that participants must be 18 or older and based in Pennsylvania.

The pitch contest will be hosted by Thompson and Nancy Werteen, an anchor and reporter for WFMZ-TV. Each pitch will last for two minutes, followed by a round of questions from the judges.

This year’s panel of judges is comprised of local business leaders and innovators:

Sue Yee is the founder and CEO of Active Data, a digital products and services company focused on event commerce and online ticketing. She has also served on the boards of many area organizations, including the Lehigh Valley Health Network Board of Trustees and the PBS-WLTV 39 Board of Directors.

Dan Bosket is an entrepreneur and owner of several small businesses who also serves as a board member of the Allentown Chamber of Commerce, director of the Community Action Development Corporation of Allentown, and advisor for Lehigh Valley LaunchBox.

Tony Iannelli is CEO and president of the Greater Lehigh Valley Chamber of Commerce. He hosts Business Matters, a local business show broadcast by WFMZ-TV featuring face-paced interviews on hot topics.

Roly Nesi is the founder of ROAR Organic, a refreshing electrolyte beverage enhanced with vitamins and antioxidants. He partnered with Factory and moved ROAR’s headquarters to Bethlehem in 2020.

The in-person audience is limited to 100, and those interested in attending must register in advance at startuplehighvalley.com. Audience members and finalists will be asked to show proof of Covid-19 vaccination.

About Factory LLC
Factory is a scale-up facility and investor for food, beverage, and pet brands located in Bethlehem, PA. Factory provides resources—including capital, team members, office space, and industry connections—to startup companies, allowing them to operate more efficiently and secure a profitable exit sooner. Factory’s current investment portfolio includes Stuffed Puffs, the one-of-a-kind marshmallow filled with milk chocolate, and Honey Stinger, a sports nutrition brand offering chews, gels, hydration mixes, and more.

About Lehigh Valley LaunchBox
Lehigh Valley LaunchBox is a Penn State University- and community-sponsored business accelerator program created as part of the Invent Penn State initiative. The Lehigh Valley LaunchBox program awards micro grants to budding entrepreneurs. Partners of Lehigh Valley LaunchBox link micro grant-recipients to alumni, business leaders, and academic partners to provide mentorship and to help launch ideas and turn them into useful products. All Lehigh Valley community members and Penn State faculty, staff, and students who have a scalable business idea are welcome to apply for affiliation with the Lehigh Valley LaunchBox.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.2 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

NEW YORK, Aug. 19, 2021 /PRNewswire/ — Ernst & Young LLP (EY US) has launched the EY Career Path Accelerator, a first-of-its-kind program, providing an alternative path to meeting the 150-credit hour requirement for certified public accountant (CPA) licensure. The accessible and affordable program provides students with job-related learning and skills development to apply to their future careers in the accounting profession. The program is supporting nearly 60 EY US interns in its inaugural cohort.

In order to be eligible for CPA licensure, individuals must complete a total of 150-credit hours of education to sit for the CPA exam. The challenge is that many undergraduate programs typically include only 120-credit hours, leaving students to figure out how to complete the remaining requirements. Some choose to pursue master’s degrees and extend their education for up to a year, but others may have monetary constraints, lack of financial aid or need to enter the workforce as soon as possible.

The EY Career Path Accelerator is designed for students on track to become eligible for CPA licensure who are not pursuing a master’s degree. It provides a series of virtual courses administered by Hult International Business School and hands-on learning through the EY internship program, enabling participants to receive the guidance they need to be successful and equipping them with the future-focused skills and subject matter knowledge that they’ll need upon entering the workforce.

“While there are several different pathways for students to meet the requirements to be eligible for CPA licensure, time and financial resources can limit the choices or feasibility for a significant number of students, particularly those from marginalized or socioeconomically disadvantaged backgrounds,” said Ginnie Carlier, EY Americas Vice Chair – Talent. “With this program we’re not only helping students jump-start their accounting careers earlier, but we also hope to attract the next generation of transformative leaders, while equipping them with relevant, future-focused skills and the mentorship necessary to succeed.”

The EY Career Path Accelerator provides students with accredited business and elective courses that can be applied to the 150-credit hour CPA licensure requirement. These additional credits such as data visualization, digital learning and others made available through the EY Career Path Accelerator can be earned on a schedule that is compatible with students’ work or family obligations.

As a leader in the accounting profession, EY US takes a strong interest in maintaining a vibrant and growing pool of transformative leaders. But even as demand for CPAs continues to grow, data from the most recent AICPA Trends Report 20191 shows the number of CPA exam candidates decreased by 7% between 2017 and 2018.

“We believe that addressing barriers to equity and inclusion enhances our ability – as a firm and as a profession – to attract and to grow the next generation of CPAs. This program is one step toward improving diverse representation across the EY organization and within the field of accounting,” added John King, EY Americas Vice Chair – Assurance.

The Ernst & Young Foundation has provided more than $100,000 in need-based financial aid to 75% of the inaugural EY Career Path Accelerator cohort.

Additional program benefits and resources include EY academic counselors to support students throughout the program, opportunities for students to engage in a learning pod community with an EY professional, portable credentials with no obligations or commitments to EY US and integrated learning incorporating targeted skills in business, technology and leadership.

About EY

EY exists to build a better working world, helping create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.

1 “Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits,” AICPA website, https://www.aicpa.org/content/dam/aicpa/interestareas/accountingeducation/newsandpublications/downloadabledocuments/2019-trends-report.pdf, 13 August 2019

SOURCE EY

CONTACT: Katarina Wenk-Bodenmiller, Katarina.E.Wenk-Bodenmiller@ey.com, +1 321 749 9942

Related Links
http://www.ey.com

SUNNYVALE, Calif., Aug. 18, 2021 /PRNewswire/ — Yahoo Small Business, a division of Verizon Business, today announced the expansion of its partner ecosystem to include 1-800Accountant, Constant Contact, PromoRepublic and WebCEO. Through these new partnerships, Yahoo Small Business customers will have access to even more industry-leading solutions to meet their different needs, including accounting, SEO, social media marketing and email marketing.

As part of the Yahoo Small Business partner ecosystem, services from these new partners will also be available via the company’s one-stop-shop platform for small business, Business Maker. Business Maker is an all-in-one platform that helps small business owners and aspiring entrepreneurs start, run, and grow their own business. More than a marketplace, Business Maker curates specific tools and services based on where a small business is in its lifecycle. From creating business plans and forming a legal business entity to establishing an online presence and collecting payments – Business Maker provides small business owners with all the tools they need to start and grow a successful small business, all from a single platform.

For small business owners who are not tech savvy, researching and selecting a solution for tasks like building a website, managing accounting and payroll, and marketing their business can lead to significant challenges. In fact, in the recent Yahoo Small Business 2021 Microbusiness Outlook Report, a survey exploring microbusiness owners’ outlook for 2021 emerging from the pandemic, more than three in five microbusiness owners (63 percent) surveyed reported investing in technology for their business that ended up not being the right fit. 48 percent even said they’ve experienced this more than once.

“Launching a business can seem daunting, and the volume of different solutions available to entrepreneurs makes starting and managing a business even more challenging,” says Chris Wayne, Managing Director for Yahoo Small Business, Verizon. “Having a curated list of the best services to leverage for different aspects of business management can be a game changer. We are thrilled to expand the Yahoo Small Business ecosystem through the new partnerships with 1-800Accountant, Constant Contact, PromoRepublic and WebCEO.”

1-800Accountant brings accounting services to Yahoo Small Business customers for the first time
With 10 percent of small businesses saying a lack of the necessary expertise to manage business finances was their biggest financial challenge over the last year, easy-to-use accounting services are key to helping small business owners succeed. Through the new partnership between Yahoo Small Business and 1-800Accountant, small business owners have access to even more helpful tools, such as bookkeeping and tax preparation.

“Our team is passionate about helping new businesses succeed and is thrilled to serve as Yahoo Small Business’ featured accounting partner,” said Mike Savage, CEO, 1-800Accountant. “We look forward to continuing our dedicated service to entrepreneurs and small business owners across the country.”

New deals and services to meet small business’ needs
With today’s launch, Yahoo Small Business customers will also receive access to special deals from Constant Contact, PromoRepublic and WebCEO, in addition to 1-800Accountant.

1-800Accountant

Tax savings: 1-800Accountant offers year-round support with industry and state-specific experience, providing comprehensive tax planning and guidance including restructuring to reduce personal liability.
Payroll and bookkeeping: 1-800Accountant offers simplified boarding, scheduling, and payroll management for one low rate. Dedicated bookkeepers monitor, oversee, manage, and prepare financial statements for small business owners.
ClientBooks 60-Day Free Trial: Small business owners can schedule a free consultation to claim their 60-day free trial of Clientbooks bookkeeping software, available exclusively to Yahoo Small Business customers.
Constant Contact

Email Marketing: Small business owners can get more customers through email marketing with one of the biggest and best in the industry, Constant Contact. Yahoo Small Business has partnered with Constant Contact to provide small business owners with a 60-day free trial where they can send up to 100 emails and receive a 30% discount for the first three months on all paid plans.
PromoRepublic

Social Media Marketing: Small business owners can connect social media pages and automatically post ready-made templates that fit every business. Small business owners can create and store editable content for social media, schedule it with AI, run local ads, manage clients or locations, and stay on top of their results with PromoRepublic’s intelligent products.
WebCEO

Online SEO: WebCEO has partnered with Yahoo Small Business to offer a special plan with 22 key online SEO tools, an intuitive dashboard, and constant support from the WebCEO team. Small business owners also get step-by-step instructions on how to identify, analyze and outrank the competition on search engines.
Streamlining access to best-in-class solutions with Yahoo Small Business’ Business Maker platform
By adding 1-800Accountant, Constant Contact, PromoRepublic and WebCEO to the Business Maker ecosystem, Yahoo Small Business is providing customers with trusted partners that provide industry-leading solutions, without small business owners having to test solutions on their own. Other services included within Business Maker include solutions from Yahoo Small Business, Verizon Business, Legal Inc., PayPal, BlueJeans, One Talk, and Complete Business Bundle. With opportunities for free trials and flexible, customizable plans, Business Maker has plans for businesses of all sizes.

About Yahoo Small Business:
Yahoo Small Business empowers business owners to launch and scale their ideas online. From creating a website to promoting a brand, our products help entrepreneurs succeed. For more information please visit https://smallbusiness.yahoo.com/

Media Contact:
Ali Phillips
aphillips@currentglobal.com

SOURCE Yahoo Small Business

SANTA CLARA, Calif., Aug. 17, 2021 /PRNewswire/ — LG Electronics has formed LG NOVA, its new Silicon Valley-based innovation center, tasked with creating a collaborative ecosystem to accelerate the growth of new ideas that embody LG’s innovation for a better life philosophy. Powered by the LG brand and resources, LG NOVA will partner with startup and entrepreneur communities to scale up ideas and concepts to its next stage of development, working with them to build new businesses.

LG NOVA will engage with innovators in North America and around the world who are creating accessible, socially impactful solutions that push the envelope of the technologically advanced lifestyle. The innovation center is focused on catalyzing solutions that improve accessibility, mobility, usability and connectivity – for home, work, school and life, as well as ideas and approaches for carbon reduction and renewable energy.

“Innovation can be sparked in many ways, and the best innovations happen through collaboration,” said Dr. Sokwoo Rhee, corporate senior vice president for innovation at LG Electronics and head of LG NOVA. “That’s why we created this philosophy of outside-in innovation, and that’s the guiding principle behind LG NOVA.”

William Cho, global chief strategy officer for LG Electronics, added, “LG has had a longstanding commitment to innovation for a better life, and LG NOVA is a testament to how we will help fuel and promote new ideas to build a better future and ultimately, better quality of life for all.”

The LG NOVA ecosystem serves as the median network to connect fresh ideas from startups to businesses. What’s more, its community focus helps foster cross-pollination of innovative thinking and conversations that can result in corporate collaborations, joint ventures and business initiatives between small and medium-sized businesses and enterprises.

With a world-class team of experienced leaders, industry veterans, former White House Presidential Innovation Fellows, entrepreneurs-in-residences, and leading challenge and innovation program executives, LG NOVA offers startups and innovators opportunities for mentorship and resources to help them achieve optimal growth. LG NOVA’s innovation-growth approach combines strategic partnerships, incubation, investment and industry collaborations to create a strong network to support founders, startups and entrepreneurs.

Learn more about LG NOVA at www.lgnova.com.

About LG Electronics, Inc.
LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four companies – Home Appliance & Air Solution, Home Entertainment, Vehicle component Solutions and Business Solutions – combined for global sales of over USD 56 billion in 2020. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, service robots, automotive components and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news.

SOURCE LG Electronics USA

CONTACT: LG Electronics USA, Linda Quach,+1 408 903 3045, linda.quach@lge.com, Tomas Iriarte, +1 415 867 7634 tomas.iriarte@ogilvy.com

Related Links

home

ROCHESTER, N.Y., Aug. 3, 2021 /PRNewswire/ — National job growth in July was up notably across all industry sectors and regions over the previous month, according to aggregated payroll data of approximately 350,000 clients provided by Paychex. The data released in the latest report of the Paychex | IHS Markit Small Business Employment Watch shows the Small Business Jobs Index jumped 0.85 percent in July, the second strongest one-month increase since 2010, the period of recovery following the Great Recession. At 99.36, the small business jobs index is up more than one percent over last quarter and five percent from last year, suggesting a significant recovery from the COVID-19 pandemic. Hourly earnings growth improved to 3.11 percent in July, up from June’s increase of 2.84 percent.

At 99.36, the small business jobs index is up more than one percent over last quarter and five percent from last year, suggesting a significant recovery from the COVID-19 pandemic. Hourly earnings growth improved to 3.11 percent in July, up from June’s increase of 2.84 percent.
At 99.36, the small business jobs index is up more than one percent over last quarter and five percent from last year, suggesting a significant recovery from the COVID-19 pandemic. Hourly earnings growth improved to 3.11 percent in July, up from June’s increase of 2.84 percent.
The data released in the latest report of the Paychex | IHS Markit Small Business Employment Watch shows the Small Business Jobs Index jumped 0.85 percent in July, the second strongest one-month increase since 2010.
The data released in the latest report of the Paychex | IHS Markit Small Business Employment Watch shows the Small Business Jobs Index jumped 0.85 percent in July, the second strongest one-month increase since 2010.
Hourly earnings growth improved to 3.11 percent in July, marking the first month above three percent since last August.
Hourly earnings growth improved to 3.11 percent in July, marking the first month above three percent since last August.
“Hiring at small businesses across the U.S. grew significantly in July,” said James Diffley, chief regional economist at IHS Markit. “The national index jumped to 99.36, the highest level since the summer of 2018.”

“The rate of hiring continues to increase steadily across all sectors,” said Martin Mucci, Paychex president and CEO. “July’s small business job and wage growth numbers indicate a continued rebound of the economy as employment increases.”

In further detail, the July report showed:

The national index gained 1.04 percent during the past quarter, improving to 99.36.
Small business employment growth improved across all industry sectors in July.
All regions improved sizably in July, but the South continues to lead in small business job growth.
Arizona now leads all states in small business job growth at 101.72.
Dallas joins Tampa to lead all metros in employment growth, each with indexes above 102.
Paychex business solutions reach 1 in 12 American private-sector employees, making the Small Business Jobs Index report an industry benchmark. The national jobs index uses a 12-month same-store methodology to gauge small business employment trends on a national, regional, state, metro, and industry basis.

The complete results for July, including interactive charts detailing all data, are available at www.paychex.com/watch. Highlights are available below.

National Jobs Index

The 0.85 percent jump in July matches the rapid growth seen in the overall economy and is the second strongest one-month increase since recovering from the Great Recession in 2010.
At 99.36, the Small Business Jobs Index is up more than one percent during the past quarter and five percent from last year, both strong signs of continuing recovery from the coronavirus pandemic.
The national index gained 1.04 percent during the past quarter, improving to 99.36.
National Wage Report

Hourly earnings growth improved to 3.11 percent in July, marking the first month above three percent since last August.
Weekly hours worked growth slowed for the fourth consecutive month, from 0.52 percent in March to -0.58 percent in July.
Weekly earnings growth increased to 2.45 percent in July, up from a two-year low of 2.34 percent in June.
Regional Jobs Index

All regions improved in July, with the West region leading gains at 1.07 percent and the Midwest trailing at 0.46 percent.
The South improved 0.96 percent in July. Its index (100.38) leads regions and topped 100 for the first time since May 2018.
The Northeast is up 5.60 percent from the previous year – the best among all regions. Note: The larger recovery is due to a weaker base level in 2020 caused by the early state shutdowns in the region.
Note: Percentages displayed in the regional heat map reflect 12-month changes.

Regional Wage Report

The West has the highest hourly earnings rate and growth among regions, at $31.14 and 3.49 percent, respectively. The lower the hourly earnings rate, the weaker the growth is compared across all regions.
Weekly earnings growth in the Northeast stands at 2.26 percent in July, nearly one percent lower than hourly earnings growth as weekly hours worked are down year-over-year.
Note: Percentages displayed in the regional heat map reflect 12-month changes.

State Jobs Index

Arizona is the new leader in small business job growth among states at 101.72, slightly edging Texas at 101.64.
Following Arizona and Texas, east coast states North Carolina, Georgia, and Florida round out the top five with indexes around 101.
Washington no longer has the lowest levels of small business job growth among states. Employment growth in the state increased by 2.25 percent in July.
Note: Analysis is provided for the 20 largest states based on U.S. population.

State Wage Report

Missouri ranks first among states for hourly earnings growth for the third consecutive month, at 4.00 percent in July.
Texas ranks first among states in average weekly hours worked (34.10 hours) and year-over-year growth (0.83 percent).
California reported 3.95 percent weekly earnings growth in July, best among states, with one-month and three-month annualized rates above four percent.
Note: Analysis is provided for the 20 largest states based on U.S. population.

Metropolitan Jobs Index

Tampa and Dallas lead metros in small business employment growth, each with indexes above 102.
Since historical reporting began in 2004, the Washington, D.C. index (96.98) ranks lowest among metros.
Atlanta had the second strongest gain in July, increasing 2.28 percent to fourth place among metros at 101.08.
Denver was the only metro index to slow in July, falling 0.47 percent to 98.70.
Note: Analysis is provided for the 20 largest metro areas based on U.S. population.

Metropolitan Wage Report

Los Angeles, and inland neighbor Riverside, top the metros for hourly earnings growth, are both above four percent.
Denver is the only other metro with hourly earnings growth of over four percent.
Baltimore is the only metro with hourly earnings growth below one percent in July.
Boston ranks fourth among metros in hourly earnings growth (3.90 percent), but is 12th in weekly earnings growth (2.79 percent) as weekly hours worked are down nearly five percent during the past quarter on an annualized basis.
Note: Analysis is provided for the 20 largest metro areas based on U.S. population.

Industry Jobs Index

The pace of small business employment growth improved in all sectors in July.
Leisure and hospitality gained 1.91 percent from the previous month, growing its index to 100.31. While the rate of small business job growth is currently far faster than prior to the pandemic, the sector remains critically underemployed.
The construction index (98.40) ranks second to last among sectors and has slowed 2.30 percent during the past quarter. Professional and business services (97.95) are the only sector with a weaker small business employment growth rate.
Note: Analysis is provided for seven major industry sectors. Definitions of each industry sector can be found here. The other services (except public administration) industry category includes religious, civic, and social organizations, as well as personal services, including automotive and household repair, salons, drycleaners, and other businesses. The chart’s dark blue bars reflect the index level and the light blue diamonds reflect the 12-month change.

Industry Wage Report

Leisure and hospitality continue to outperform all other sectors in both earnings and hours worked growth, ranking first in each month since April. Weekly earnings growth is up double digits for the second-straight month.
Except for leisure and hospitality, all sectors have negative weekly hours worked growth year-over-year.
Note: Analysis is provided for seven major industry sectors. Definitions of each industry sector can be found here. The other services (except public administration) industry category includes religious, civic, and social organizations, as well as personal services, including automotive and household repair, salons, drycleaners, and other businesses.

For more information about the Paychex | IHS Markit Small Business Employment Watch, visit www.paychex.com/watch and sign up to receive monthly Employment Watch alerts.

*Information regarding the professions included in the industry data can be found at the Bureau of Labor Statistics website.

About the Paychex | IHS Markit Small Business Employment Watch
The Paychex | IHS Markit Small Business Employment Watch is released each month by Paychex, Inc., a leading provider of payroll, human resource, insurance, and benefits outsourcing solutions for small-to medium-sized businesses, and IHS Markit, a world leader in critical information, analytics, and expertise. Focused exclusively on small business, the monthly report offers analysis of national employment and wage trends, as well as examines regional, state, metro, and industry sector activity. Drawing from the payroll data of approximately 350,000 Paychex clients, this powerful tool delivers real-time insights into the small business trends driving the U.S. economy.

About Paychex
Paychex, Inc. (Nasdaq:PAYX) is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex served more than 710,000 payroll clients as of May 31, 2021 across more than 100 locations in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting paychex.com and stay connected on Twitter and LinkedIn.

About IHS Markit (www.ihsmarkit.com)
IHS Markit (NYSE: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.

IHS Markit is a registered trademark of IHS Markit Ltd. and/or its affiliates. All other company and product names may be trademarks of their respective owners © 2021 IHS Markit Ltd. All rights reserved.

Media Contacts
Lisa Fleming
Paychex, Inc.
+1 585-387-6402
lfleming@paychex.com
@Paychex

Kate Smith
IHS Markit
+1 781-301-9311

TACOMA, Wash. — With explosive job growth continuing across the U.S., a new analysis being released today by staffing firm PeopleReady finds that nearly five million jobs have been posted in the last month, including roughly one million in just the past seven days. In addition, PeopleReady is releasing a list of some of those jobs seeing the most growth—and says many of the jobs coming back fastest will benefit those who had a tough time finding work during the past year.

“A booming job market is welcome and needed after the last year of job loss and employment uncertainty for many people. While the sudden surge of jobs is creating worker supply challenges, the good news is that many job areas seeing the highest demand are creating opportunities for those workers negatively impacted at the height of the pandemic,” said Taryn Owen, president of PeopleReady. “Right now, we’re seeing both people and businesses needing help navigating what is a new job climate. As we move back to business as usual, connecting people and work has never been more crucial.”

According to the PeopleReady analysis of millions of jobs, some of the fastest-growing jobs in the past 30 days include:

Food and beverage attendants, including waiters, saw job postings rise 365%.
Catering service workers had a 259% increase.
Stockroom associates had a 226% increase.
Personal grocery shoppers jumped 146%.
Line cooks rose 133%.
Delivery drivers are up 100%.
Warehouse associate jobs are also up 100%.
Those who work with PeopleReady in the U.S. during the month of July will be automatically entered into the staffing firm’s Work, Win, Drive sweepstakes, with drawings to win over $100,000 in cash and prizes—including a grand prize drawing for a new Honda Civic similar to the one two-time Indy 500 champ Takuma Sato drove in PeopleReady’s Ride to Work commercial. For more information on the sweepstakes, people can visit peopleready.com/WorkWinDrive.

To connect job seekers with available jobs across many different industries, PeopleReady is holding nationwide hiring events this week. The staffing company has a variety of ways for job seekers to access job opportunities: via app (JobStack) and online (jobs.peopleready.com).

About PeopleReady
PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly skilled workers. PeopleReady supports a wide range of blue-collar industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack platform and 600-plus branch offices across all 50 states, Puerto Rico and Canada, PeopleReady served approximately 98,000 businesses and put approximately 221,000 people to work in 2020. Learn more at www.peopleready.com.

SOURCE PeopleReady

CONTACT: Media Contact: David Irwin, dirwin@trueblue.com, 630-453-1120

Related Links
http://www.peopleready.com

VANCOUVER, BC — The TUEX Foundation is working alongside JA British Columbia to create a Build Your Own Business contest for local schools in British Columbia.

This contest will encourage students to tune into their entrepreneurial spirit and turn their small ideas into big opportunities. With the help from various JABC sponsors and the TUEX Foundation, the contest will be fully funded and the students will have access to resources that will help them build their business ideas. These resources include classes to help understand finances, expert advice from professionals, and avenues to help create prototypes.

Alfred Chien, Co-Founder and CEO of TUEX Education, can’t wait to get the contest started, “We are excited about this initiative with JABC and hope to run multiple contests throughout every school semester for years to come. Students have always had great business ideas, but most don’t have the means to pursue them. Through these contests, we hope to jumpstart the careers of future entrepreneurs with the help and resources they need.”

The plan is to recruit sponsors from now until the end of July, then run the first contest in August before the new school year begins.

Media Contact:
Alfred Chien
TUEX Foundation
604-780-2681
313997@email4pr.com
https://www.tuexfoundation.org

SOURCE TUEX Foundation

Related Links
http://www.tuexfoundation.org

DALLAS, July 2, 2021 — ThinkWhy, a Dallas-based SaaS company focused on creating a new generation of AI-driven labor market solutions, released its national jobs report and labor forecast for June. The report follows an announcement today from the Bureau of Labor Statistics that the economy added 850,000 jobs in June, with the unemployment rate at 5.9%. ThinkWhy’s June Report reveals that Los Angeles, New York and Minneapolis metros post most jobs added in first half of 2021 while leisure-hospitality and government sectors show strongest gains in June.

ThinkWhy June Jobs Report shows Surge to 850,000 as Businesses Work to Fill Record Number
of Open Roles and Capitalize on Revenue Opportunities
ThinkWhy June Jobs Report shows Surge to 850,000 as Businesses Work to Fill Record Number of Open Roles and Capitalize on Revenue Opportunities
U.S. Job Gains Surge to 850,000 as Businesses Work to Fill Record Number of Open Roles

With 9.3 million jobs open, employers have been scrambling to attract talent since the second quarter began, while trying to seize new revenue and growth opportunities as America’s economy reopens post-COVID. Job creation in April and May at 269,000 and 583,000, respectively, failed to meet economists’ expectations, though the labor market has kicked into higher gear in June. The question is, will the momentum continue?

ThinkWhy’s talent intelligence software, LaborIQ®, reports, forecasts and advises on employment conditions and the impact to jobs, industries and businesses across all U.S. cities. Leveraging 18 trillion data points validated against more than 8.6 million U.S. pay stubs, LaborIQ provides market-driven compensation answers. The multi-tiered data intake process verifies and delivers precise salary recommendations, talent supply and forecasts for more than 20,000 job titles.

“The acceleration in job gain suggests the supply of talent is starting to loosen, but with hiring managers facing a record number of job openings to fill, it’s simply not enough. The labor market will remain tight in the near-term as remote work demand adds complexity to the talent acquisition process,” said Jay Denton, chief analyst for ThinkWhy. “As companies go back to the office, whether full-time or not, a period of disruption will exist as we shift back to previous work norms.”

Numbers recently released by the U.S. Commerce Department show business investment in nondefense capital goods are at an all-time high and consumers are shifting spending back to in-person activities, such as dining and travel. Home price growth remains extremely strong, and the economy is showing widespread, sustainable growth.

The Outlook for Job Recovery

LaborIQ projects a significant acceleration of job growth in the second half of 2021. May and June employment gains suggest talent acquisition professionals will have their work cut out for them as business progresses through the remainder of 2021, a year in which upwards of 73 million hires could take place.

With news headlines focused on the potential rise of the COVID delta variant, the near-term outlook could become cloudier if another spike in virus cases occurs. Overall, the job market is expected to remain strong, especially if more workers rejoin the labor force over the summer months.

“June was the start of a very busy hiring season. With additional unemployment benefits ending in half the states, and business investment and consumer demand through the roof, job gains will remain strong,” noted Denton. “A lack of talent supply, along with any potential disruption from the Delta variant of the coronavirus, will be the biggest obstacle ahead.”

It has been two years since most people were able to take a true summer vacation, and travel has picked up quickly in recent months. As workers take extended time off this season, another hiring slowdown may occur. Whether it is hiring managers, talent acquisition professionals, candidates or others involved in the hiring process, anticipate a lot of out-of-office replies as we get back to a semblance of normalcy.

Top Metropolitan Areas for Job Market Gains

As the nation marches toward a full job recovery in 2023, the losses experienced during the pandemic and rebound have been uneven across geographies. From a pure volume perspective, the following metro areas added the most jobs back to the labor market, in the first five months of 2021. Of note, many of these labor markets were among the hardest hit by the pandemic.

Los Angeles-Long Beach-Anaheim, CA (165,000)
New York-Newark-New Jersey, NY-NJ-PA (131,400)
Minneapolis-St. Paul-Bloomington, MN-WI (62,500)
Boston-Cambridge-Nashua, MA-NH NECTA (57,800)
Houston-The Woodlands-Sugarland, TX (53,100)
Chicago-Naperville-Elgin, IL-IN-WI (52,700)
San Francisco-Oakland-Hayward, CA (50,500)
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (45,600)
Washington-Arlington-Alexandria, DC-VA-MD-WV (45,300)
Denver-Aurora-Lakewood, CO (44,400)
Industry Recovery Outlook

U.S. industries have been impacted differently by the pandemic and thus, recovery will be uneven across sectors based on varying economic influence. As a result, each city will be impacted differently. Talent acquisition professionals must understand the economic drivers that impact the ability to ramp up hiring and business development.

The service-based economy is bouncing back. Consumer demand and business investment have swelled — signs of improved job prospects and employment growth opportunities. This is good news for Leisure and Hospitality, which was anemic for much of the past year.

LaborIQ expects to see pre-pandemic employment levels return unevenly across the major sectors, extending past 2025.

To read the full ThinkWhy June Jobs Report 2021, click here.

About LaborIQ by ThinkWhy

LaborIQ is a breakthrough technology providing HR and talent acquisition professionals with talent and labor market intelligence. Our talent tech precise compensation, retention tools and job market answers for more than 20,000 jobs, across all U.S. cities and industries. LaborIQ’s employment reporting and forecasts, talent supply index and compensation toolkit deliver a competitive advantage in recruiting and hiring.

Visit www.ThinkWhy.com to learn more or request a demo. Follow us on LinkedIn, Twitter, Instagram, or Facebook.

SOURCE ThinkWhy

CONTACT: Laura Asendio, 10Fold Communications for LaborIQ by ThinkWhy, Email: LaborIQ@10Fold.com, Phone: (925) 271-8219

Related Links
https://www.thinkwhy.com

ROSELAND, N.J., June 30, 2021 — Private sector employment increased by 692,000 jobs from May to June according to the June ADP® National Employment Report™. Broadly distributed to the public each month, free of charge, the ADP National Employment Report is produced by the ADP Research Institute® in collaboration with Moody’s Analytics. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.

Total U.S. Nonfarm Private Employment: 692,000

By Company Size

– Small businesses: 215,000

1-19 employees 93,000
20-49 employees 122,000
– Medium businesses: 236,000

50-499 employees 236,000
– Large businesses: 240,000

500-999 employees 51,000
1,000+ employees 190,000
By Sector

– Goods-producing: 68,000

Natural resources/mining 2,000
Construction 47,000
Manufacturing 19,000
– Service-providing: 624,000

Trade/transportation/utilities 62,000
Information -4,000
Financial activities 10,000
Professional/business services 53,000
– Professional/technical services 22,000
– Management of companies/enterprises -1,000
– Administrative/support services 32,000
Education/health services 123,000
– Health care/social assistance 93,000
– Education 30,000
Leisure/hospitality 332,000
Other services 48,000
* Sum of components may not equal total, due to rounding.

– Franchise Employment**

Franchise jobs 104,100
**Complete details on franchise employment can be found here.

“The labor market recovery remains robust, with June closing out a strong second quarter of jobs growth,” said Nela Richardson, chief economist, ADP. “While payrolls are still nearly 7 million short of pre-COVID-19 levels, job gains have totaled about 3 million since the beginning of 2021. Service providers, the hardest hit sector, continue to do the heavy lifting, with leisure and hospitality posting the strongest gain as businesses begin to reopen to full capacity across the country.”

The matched sample used to develop the ADP National Employment Report was derived from ADP payroll data, which represents 460,000 U.S. clients employing nearly 26 million workers in the U.S. The May total of jobs added was revised from 978,000 to 886,000.

To obtain additional information about the ADP National Employment Report, including additional charts, supporting data and the schedule of future release dates, or to subscribe to the monthly email alerts and RSS feeds, please visit www.adpemploymentreport.com.

The July 2021 ADP National Employment Report will be released at 8:15 a.m. ET on August 4, 2021.

About the ADP® National Employment Report™
The ADP® National Employment Report™ is a monthly measure of the change in total U.S. nonfarm private employment derived from actual, anonymous payroll data of client companies served by ADP®, a leading provider of human capital management solutions. The report, which measures nearly 26 million U.S. workers, is produced by the ADP Research Institute®, a specialized group within the company that provides insights around employment trends and workforce strategy, in collaboration with Moody’s Analytics, Inc.

Each month, ADP Research Institute issues the ADP National Employment Report as part of the company’s commitment to adding deeper insights into the U.S. labor market and providing businesses, governments and others with a source of credible and valuable information. The ADP National Employment Report is broadly distributed to the public each month, free of charge.

The data for this report is collected for pay periods that can be interpolated to include the week of the 12th of each month, and processed with statistical methodologies similar to those used by the U.S. Bureau of Labor Statistics to compute employment from its monthly survey of establishments. Due to this processing, this subset is modified to make it indicative of national employment levels; therefore, the resulting employment changes computed for the ADP National Employment Report are not representative of changes in ADP’s total base of U.S. business clients.

For a description of the underlying data and the statistical model used to create this report, please see the ADP National Employment Report: Development Methodology.

About the ADP Research Institute
The mission of the ADP Research Institute is to generate data-driven discoveries about the world of work, and to derive reliable economic indicators from these insights. We offer these findings to the world at large as our unique contribution to making the world of work better and more productive, and to bring greater awareness to the economy at large.

About Moody’s Analytics
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs.

About ADP (NASDAQ – ADP)
Designing better ways to work through cutting-edge products, premium services and exceptional experiences that enable people to reach their full potential. HR, Talent, Time Management, Benefits and Payroll. Informed by data and designed for people. Learn more at ADP.com

ADP, the ADP logo, and Always Designing for People, ADP National Employment Report, ADP Small Business Report, ADP National Franchise Report, and ADP Research Institute are registered trademarks of ADP, Inc. All other marks are the property of their respective owners.

Copyright © 2021 ADP, Inc. All rights reserved.

SOURCE ADP, Inc.

CONTACT: ADP-Media: Media Contact: Joanna DiNizio, ADP, Inc., (973) 369-8167, joanna.dinizio@adp.com

Related Links
www.adp.com

Every entrepreneur hates spending valuable time plugging away at administrative tasks. While you didn’t start a business for the tedious day-to-day work, those frustrating tasks are necessary for keeping your company afloat. The good news is that you can delegate, outsource, and automate nearly every administrative task that’s stealing your time away from the projects you’re passionate about. As a bonus, you’ll gain access to expertise and efficiency upgrades that can help your business run even better!

Many small business owners struggle with financial planning. In fact, cash flow issues are the number one reason small businesses fail!

Cibunet shares some other actionable tips to help you streamline those administrative burdens.

Employee Payroll
Paying employees can eat up a lot of your time, especially if your team members work different hours. A solid payroll process will ensure your employees always get paid the correct amount on time, and can also help you avoid violating labor laws. Take advantage of efficient payroll tools like the QuickBooks timesheet calculator so you can start time card tracking like a BOSS. Just remember to include overtime and breaks to ensure employee wages comply with labor laws. Failure to pay overtime can result in a costly labor lawsuit!

Cash Flow Considerations
Good cash flow management will ensure you always have cash on hand to pay your employees—and all those other expenses. Monitoring cash flow is vital to the success of your business. Even if you’re making sales and reporting revenue, your business can go under if you don’t have the cash to pay your bills. If business financials aren’t your strong suit, consider outsourcing your cash flow management to a professional accountant. A great accountant will help you with cash flow reporting, financial risk management, budgeting, and cash flow forecasting so you can stay on top of your business’s financial position.

Managing Invoices
Staying on top of client invoices is essential for maintaining positive cash flow. Without an efficient invoicing process, it can take a very long time for your business to receive money from customers. Implement invoicing strategies to ensure you get paid as fast as possible! For example, you can use automated invoicing tools to schedule payment reminders for customers and enable automatic payments for recurring invoices.

If you have a lot of cash tied up in unpaid invoices, invoice factoring can help you access working capital to pay your bills. Invoice factoring involves selling your accounts receivable to a factoring company that will assume the role of collecting unpaid invoices from your customers.

Inventory Management
Good inventory management is another important element in maintaining positive cash flow. While inventory has the power to generate cash flow, overstocking inventory that exceeds customer demand will tie up your cash in unsellable stock. On the other hand, understocking will leave your business short on sellable items, also hurting your potential cash flow. This is another area that can benefit from automation. Take advantage of inventory management software that will offer accurate inventory tracking and forecasting so you can avoid creating cash flow issues.

Customer Support
Handling customer inquiries and support tickets is an incredibly important administrative task and one that has the potential to become a huge time sink. To streamline customer support, Talkroute suggests using support ticket software to organize inquiries and delegate tasks to team members. Encourage your customers to find solutions on their own before reaching out for support. A library of user-friendly resources and FAQs can help cut down on customer inquiries and free up your time for more complex customer issues.

As an entrepreneur, it’s easy to get lost in your long-term goals. Dreaming about the future of your business is a great way to stay motivated! But don’t neglect the small day-to-day details that keep your business running smoothly. While no one likes administrative tasks, these tedious responsibilities are vital to your long-term success!

Article is by James Hall