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Tokyo to launch its own dating app to boost birth rate, Elon Musk reacts
- Tokyo's government is launching a dating app to boost Japan's declining birth rate, requiring users to verify their single status, willingness to marry, and annual salary.
- Set to be available this summer, the app uses AI to match people based on shared values. This initiative targets the 70% of marriage-seeking individuals who do not actively use dating services.
- Responding to a tweet regarding the same, Mr Musk said he is "glad" that Japan has recognised the importance of this matter.
- In 2023, Japan saw more than twice as many deaths as births, with financial concerns cited as a key reason for remaining single. Prime Minister Fumio Kishida has called for urgent measures to tackle this crisis.
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Top 5 essential skills to become a full-stack developer in 2024
- Frontend skills: Master HTML, CSS, and JavaScript to build interactive interfaces. Knowledge of libraries like React and Angular is also essential.
- UX/UI design: Integrate UX/UI principles to create visually attractive, responsive, and user-friendly web applications.
- Backend skills: Learn backend languages like Python, Java, and C++ and gain expertise in database management with tools like PHP and MySQL.
- Cybersecurity skills: Ensure user data safety by minimizing vulnerabilities, implementing secure authentication, and using data encryption methods.
- Soft skills: Develop strong communication, analytical, problem-solving, and time management skills to effectively collaborate with clients and colleagues.
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There Are Over 22 Million Millionaires In The World, An All-Time High
- The number of millionaires worldwide has hit an all-time high, with 22.8 million individuals possessing liquid assets exceeding $1 million, as per Capgemini's World Wealth Report.
- Their collective wealth reached $86.8 trillion in 2023, driven by surging stock markets. The Nasdaq soared 43%, the S&P 500 rose 24%, while European indices also posted significant gains.
- Economic growth and optimism in the tech market, particularly in generative AI, contributed to this wealth surge. However, rising wealth inequality prompts discussions on fair taxation, with calls for a global minimum tax on the wealthiest individuals.
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How to get a job in the 'skills-based hiring' trend
- Many companies are shifting to "skills-based hiring," prioritizing candidates' competencies over traditional metrics like education and experience.
- Indeed data shows a 10% drop in job postings requiring specific employment tenure and a rise in those not needing formal education. A ZipRecruiter survey reveals 72% of employers now value skills over degrees.
- This trend benefits job seekers without college degrees, offering new opportunities and often leading to higher retention rates and salaries.
- Job seekers should focus their resumes on relevant skills and be ready for skills tests during the hiring process. However, some companies still struggle to change their hiring practices.
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5 Ways To Make Money From Home Using AI In 2024
- AI Video Scripts: Use tools like ChatGPT to generate video scripts for YouTube, creating content without showing your face.
- Print-On-Demand with AI: Create designs and quotes with AI for print-on-demand items like mugs and t-shirts, and sell them on Shopify.
- AI-Generated Artwork: Use AI tools like Midjourney to create and sell digital artwork on platforms like Etsy.
- AI-Powered Copywriting: Enhance your copywriting services with AI-generated content outlines and marketing copy.
- AI-Powered Newsletter: Write and monetize newsletters with AI, gaining sponsorships and using affiliate links.
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A job seeker says she was invited to a work happy hour after an interview, but it turned out to be another hiring test
- Job seekers are facing new hiring challenges despite a strong labor market. Marissa Marlowe, a TikTok user, shared her experience of an unusual hiring test.
- After a rigorous on-site interview involving a 75-minute presentation, she was invited to a happy hour. Expecting to meet potential colleagues, she instead found herself mingling with other job candidates.
- Marlowe likened it to "The Bachelor," with everyone competing for the same job. Despite her efforts, she was ultimately rejected. This reflects the current tough job market where candidates face fake job ads, AI recruitment tools, and increased competition, especially in white-collar and remote jobs.
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Is Skills-First Hiring Set To Be The Future?
- The rise of skills-first hiring is reshaping recruitment, emphasizing candidates' demonstrated abilities over traditional qualifications.
- Employers increasingly prioritize skills showcased through tasks like video interviews. While resumes retain importance, platforms like LinkedIn are altering recruitment dynamics. This approach fosters diversity and inclusivity, reducing reliance on degrees and broadening talent pools.
- While some roles necessitate specific expertise, skills-first hiring enhances flexibility, benefiting both employers and applicants across various sectors. As this trend gains momentum, it promises a more efficient and equitable recruitment landscape.
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How To Tailor Your CV For The Executive Job Market
- Level up your skills: Highlight core competencies like strategic planning and business development.
- Communicate your unique value: Identify your unique selling point (USP) and emphasize it throughout your CV.
- Prove your impact with results: Showcase achievements with quantifiable results to demonstrate your value.
- Add professional affiliations and credentials: Include relevant memberships and certifications to highlight your professional development.
- Rethink your format and structure: Ensure your CV is two pages, professional, polished, and easy to read, with relevant keywords for applicant tracking systems (ATS).
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Airbnb CEO shares the mistake he made while conducting Covid-era layoffs
- Airbnb CEO Brian Chesky advises against viewing the workplace as family, citing challenges during layoffs.
- Instead, liken it to a professional sports team, where performance matters. Reed Hastings, Netflix CEO, echoes this sentiment, emphasizing the need for an annual job fight akin to winning the Stanley Cup. Viewing work as a family can blur professional boundaries, potentially exploiting employees.
- Joshua A. Luna advocates for a transactional approach, fostering belonging while prioritizing productivity. A healthy workplace respects this balance. The key takeaway: embrace a professional mindset to maintain a positive, productive work culture.
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Looking for a job after getting laid off? Indian-origin LinkedIn career expert offers 5 tips
- Network Strength: Stay connected with former colleagues, attend events, and leverage contacts for job leads. Referrals boost opportunities, advises LinkedIn career expert Pooja Chhabria.
- Online Presence: Update profiles to highlight skills. Recruiters prioritize candidates with relevant competencies.
- Introduction Crafting: Prepare a concise response to "Tell me about yourself." Showcase experiences and alignment with the role.
- Career Break Ownership: Be honest about employment gaps. Transparency fosters trust.
- Positivity Maintenance: Avoid negativity about past experiences. Emphasize growth and learning. Positivity enhances professionalism.
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'Ek chamaat maarenge, Bihar pahauch jayegi': HSBC employee alleges workplace toxicity
- An HSBC employee has accused a colleague of ethnic humiliation, claiming she was threatened and insulted during lunch on April 22, 2024.
- The alleged victim detailed her experience in a letter to the bank’s management, which an X user shared online. She reported being told, "Ek chamaat maarenge, Bihar pahuch jaegi," in front of colleagues Goga Pujitha, Sai Prasad Papisetty, and Jaya Lakshmi Bhimarasetti.
- The incident underscores ongoing workplace toxicity issues and highlights the need for effective communication and meaningful measures to ensure a safe and respectful work environment.
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Companies Don't Want To Hire 2024 Entry Level Employees
- The class of 2024 faces uncertain job prospects amidst economic worries and concerns about burnout. Handshake's report reveals five trends: financial stress, willingness to relocate, emphasis on employer reputation, increased government job applications, and diversification of job roles.
- However, companies are hiring fewer entry-level employees due to AI advancements. Despite challenges, many graduates remain optimistic, prioritizing job stability, location, and employer reputation.
- While uncertainty looms, the Class of 2024 is determined to secure fulfilling careers by embracing diverse opportunities and investing in their job search efforts.
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Want to be productive? Don’t multitask, says Ceat Ltd's CEO Arnab Banerjee
- Ceat Ltd's CEO, Arnab Banerjee, emphasizes productivity by avoiding multitasking, prioritizing tasks, and maintaining honesty.
- He credits mentors for shaping his leadership style, focusing on simplicity in decision-making. Banerjee, an avid trekker, values personal growth and continuous learning. He advocates for institutionalizing mentoring in organizations. Productivity principles include timely meals, sufficient sleep, and efficient task management.
- Banerjee unwinds through reading, travel, and numismatics. In interviews, he shares insights on mentorship, decision-making, and personal interests, aiming to inspire high-performance leadership.
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Why Your Fancy Résumé Might Be Costing You Job Opportunities
- Dania Swails, a 28-year-old finance professional, struggled to find a new job despite her experience. After multiple rejections, a recruiter suggested that her résumé wasn't being read by applicant-tracking systems (ATS).
- Swails revamped her résumé by simplifying its format, removing columns, dashes, and excessive characters in the file name, and ensuring it was under two pages. These changes led to two callbacks.
- Despite initial frustration, she plans to keep both versions of her résumé: a simple one for ATS and a more visually appealing one for human review. This experience highlighted the challenges job seekers face with ATS.
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Tech jobs in demand in the banking and finance sector: Top skills, cities; salaries and more
- The banking and finance sector experiences a digital shift fueled by AI and ML, highlighted in the recent RBI report.
- Instahyre's 2023 analysis identifies key tech skills in demand, with data science leading, especially Python expertise. DevOps and cybersecurity also see rising interest, notably in cities like Pune, Bengaluru, and Hyderabad.
- Salaries vary by skill and experience, with data science and cybersecurity professionals commanding higher pay. However, gender diversity remains a challenge across tech roles. Overall, tech professionals with the right skills are in high demand in the BFSI sector, driving a competitive job market.
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