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by Phil Stott|January 21, 2015
"We are a strong, tight-knit family who has made it through some
very hard times." The central theme of the domestic portion of
President Obama's penultimate State of the Union speech last night
was all about the progress the economy has made since the darkest
days of the recession, coupled with a few ideas-most of which are
unlikely to make it through Congress alive-about where to go from
here.
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by Phil Stott|January 09, 2015
Can the Job Market Party Continue in 2015? The final employment
report of 2014 is out, and it's official: last year was the best
for US job growth since 1999. All told, the economy added some
252,000 jobs listing month, bringing the unemployment rate down to
5.6 percent-a 1.1 percent drop over the course of the past year.
The gains rounded off a strong year for the job market, with the
BLS reporting an average monthly gain of 246,000 positions in 2014.
Those figures translated to some 1.
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by Phil Stott|December 12, 2014
The past couple of days have brought a rash of headlines about
union victories at the National Labor Relations Board-most of which
are based on decisions that the NLRB has made that theoretically
make it easier for workers to form unions. And most of those
articles have been accompanied by quotes from individuals and
lobbyists on either side of the debate, touting the rulings either
as spelling certain doom for businesses or a jolt in the arm for
workers' rights.
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by Phil Stott|December 04, 2014
If you've been paying attention to the news in the past few days,
you'll likely have heard something about a data security breach at
Sony Pictures-not least because the hack has resulted in several of
Sony's current and upcoming movie titles being leaked onto the
internet, potentially costing the company millions of dollars in
lost revenue.
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by Vault Careers|December 03, 2014
Ever wondered what life inside a major firm is like? Here,
Deloitte's Heather Reiter--a New Jersey native--gives us a glimpse
of her career to date, as well as her day-to-day life as Manager in
Deloitte's Tax Management Consulting practice in Belgium.
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by Phil Stott|November 14, 2014
With around 9 million unemployed people in the country, you'd think
that U.S. firms would have no problem filling the 3 million or so
open positions that are currently available. But you'd be wrong:
despite the 3 to 1 ratio of jobseekers to unfilled jobs, many firms
can't find people with the requisite skills to fill the positions
they have. As a new report points out, that's not just a problem
for those firms-the mismatch is causing the entire economy to
cover.
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by Vault Careers|October 24, 2014
When it comes to choosing a firm to work for, culture consistently
comes up as a major factor among the employees that we survey. In
this post, Carlos Robles, an AERS Advisory Senior Consultant in
Deloitte & Touche LLP's San Jose office, discusses how the
firm's culture and inclusion policies have helped him to build a
career there-and how that started during his internship with the
firm in college.
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by Phil Stott|October 21, 2014
With the launch of our 2015 internship rankings around the corner,
I have been thinking about some of the factors that go into making
a top program-both from the intern's perspective, and from the
firm's side. After all: there has to be a reason that firms choose
to commit time and resources to creating these programs, right?
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by Phil Stott|October 07, 2014
It's a great year for the consulting industry-at least if the
outlook of its employees is anything to go by. With the launch of
the Vault Consulting rankings out of the way, I've been spending
some time going through some of the data we collected from the
12,000 or so responses to our survey this year, and will be posting
some of the more interesting insights here in the coming days and
weeks.
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by Phil Stott|October 01, 2014
Are "pre-cations" set to become the next new trend among employers
trying to distinguish themselves from the pack? A recent Slate
article highlights a couple of Silicon Valley firms-42 Floors and
Atlassian-that have been doing wha Silicon Valley firms do best:
disrupting the established order--in this case, how they onboard
their employees.
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