As labor market demands continue changing, redesigned job skills are working their way to the top of employers' desired skill sets for employees.
With nearly 14 million Americans currently looking for work, giving your resume an update has never sounded better! We have cultivated a list of the most coveted and in-demand job skills you should focus on developing as you prepare for a changing COVID influenced world.
Employers look for employees who possess both hard and soft skills. Hard skills are those that involve technical knowledge, while soft skills deal with personality traits.
Will Your Business Will Receive Money from the Second Round of Small Business Loan Funding?
A second round of emergency funding for small businesses opened on Monday.
While this news came as a relief for many small business owners, it appears that error messages and slow processing have prevented many from accessing the fund. A spokesperson for the SBA said, "The pacing mechanism prevents any one lender from submitting thousands of loans an hour into the E-TRAN system. If a lender goes above the pacing limit they will get timed out."
But CNN reports that a banking industry source said that things are actually much worse than the SBA made it seem. "The SBA system simply cannot handle the volume of applications banks have processed from America's small businesses," this person said, adding: "Unless SBA set the pace at one an hour (or less), this is nothing but misdirection. Banks are working to deliver assistance and SBA is passing the blame."
In fairness, the SBA typically hands out about $25 billion in loans every calendar year. Thanks to the global health crisis, they're now suddenly trying to get $310 billion in PPP loans out the door as quickly as possible, so delays are to be expected.
But, even more worryingly, there is a major possibility many small businesses won't see any money this time around either. The last pot of money given out to small businesses was, obviously, insufficient in addressing the needs of many American business owners impacted by the crisis. So how far will the money go this time? Multiple industry experts contacted by CNN "anticipate that this money could be gone within the week. Last time, it took 13 days, but banks have a much longer queue of customers this round."
In summary, millions of eligible businesses are not going to get PPP funding, even if they applied in a timely manner. If you've already submitted an application, all you can do now is hope and wait.
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China's economy is the second largest in the world, and with America's economy so beholden to it for supply and stability, the affects of COVID 19 reach far beyond the Chinese borders. As the virus spreads internationally, sectors across the world brace for dips in profit. Things will remain uncertain for weeks to come as we wait to see the full impact of the spread of the virus, but for now, these eight industries have been affected the most by the pandemic.
Luxury Goods
Chinese consumers account for "more than a third of the value of so-called personal luxury goods purchases, which includes apparel, beauty and jewelry," according to Financial Times. Joëlle de Montgolfier, director of Bain's luxury practice, said the coronavirus could have a "double whammy effect" on the luxury sector. "Not only will Chinese people buy less domestically during the key New Year shopping season, they will also have to cancel trips abroad, during which they often buy luxury goods," she said.
Poultry
The wholesale price of chicken has dropped as much as 70% in India specifically due to rumors that the virus can be transmitted through eating poultry. Similar drops in the value of poultry have been reported all over the globe, particularly in countries with many cases of COVID-19.
Airlines
According to the Guardian, "more than 85,000 flights touching China have been canceled in the three weeks since the outbreak closed Wuhan airport on 23 January." While these cancellations have the largest impact on airlines, there has also been a notable decrease in flying globally—not just to China—because of customers fears of contracting the disease. "If people take a view they shouldn't be traveling or shouldn't go to a place or be on planes with people who might have been to certain places, they're less likely to travel," said Andrew Charlton, a Geneva-based aviation analyst. "It's going to have an impact on passenger numbers."
Automobile
Wuhan (the center of the COVID 19 outbreak) itself is a major hub for the automobile industry, particularly for European carmakers. Renault, Peugeot, Volkswagen, BMW, and Jaguar Land Rover, Honda, have still not reopened factories run with Chinese partners. These delays could be catastrophic to the car industry because "carmakers hold very little stock at their assembly operations, instead relying on just-in-time supply chains that see parts delivered to the assembly plant hours or even minutes before required in the factory."
Oil
The Chinese were responsible for the majority of the growth in global demand for oil last year, but the International Energy Agency expects demand to fall in coming months for the first time in more than ten years thanks to the far reaching affects of COVID 19.
Cruise Vacations
Cases of COVID 19 have been confirmed or suspected on upwards of 5 cruise ships so far, and thanks to the close quarters of these ships, confirmation of the disease results in infected ships being quarantined at sea. Obviously, that makes it an unappealing time to book a cruise, and to make matters worse for the cruise industry the US State Department just put out a statement saying: "U.S. citizens, particularly travelers with underlying health conditions, should not travel by cruise ship." To try to bolster flagging bookings, many cruise lines are now offering major discounts and lenient cancellation policies.
Leisure
Coronavirus fears have already canceled SXSW, a major American music festival, and it's likely that more festivals will be called off in coming months. The music industry isn't the only leisure activity being affected. Macau, a popular destination for gambling off the coast of China, reported an 80% dip in visitors from China compared to the same day last year. As COVID 19 continues to spread, it's likely that casinos, concert venues, sporting events, theme parks, movie theaters, and other destinations for leisure activities will close their doors across the world.
Banks
Analysts expect the virus to have a major impact on world banks thanks to rapid slowdown in loan growth and a reduction in fee income. Many banks are also operating below normal standards because of the shuttering of many offices across China and other infected cities. For example, Swiss bank UBS told its workers in Hong Kong to stay home for at least two weeks if they have travelled to China recently.
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The great state of Oklahoma is known for two things: Truck accidents, and the truck accident lawyers who fight against them.
But if you're in Oklahoma and you get hit by a truck, as Oklahomans tend to do, how do you make sure that you have the best truck accident lawyer in Oklahoma on your side? No need to fear, you're in the right place (unlike the Oklahoma truck driver at the moment they crashed into you). These are some of the hottest Oklahoma truck accident lawyers in the biz, and they're just a phone call away, ready and willing to take your case!
David Bernstein
Considered by some to be the bad boy of Oklahoma truck accident lawyers, David Bernstein moderates over 250 focus groups at Focus Group Oklahoma, which is kind of like being in a motorcycle gang except more lawyerly. Feared by reckless Oklahoma truckers for his icy gaze and professorial knowledge of personal injury law, David secretly has a heart of gold, spending his free time feeding the hungry with the nonprofit charity he co-founded, Lawyers Fighting Hunger.
Jordan Klinger
Some call her a "prodigy," others say a "wunderkind." But even after being knighted as a "Top Young Professional Under the Age of 40 in 2019," Jordan Klinger clung to the only title that really mattered: "Professional." With a background as an insurance defense attorney, Klinger possesses the unique ability to read the minds of her insurance company opponents in cases related to Oklahoma truck accidents, calculating and destroying their moves before they can even make them.
Monty L. Cain
There's a saying whispered outside Oklahoma truck stops and courthouse-adjacent bars: "You'll never see the Full Monty coming." Those who tell such tales are, of course, referring to Oklahoma truck accident lawyer Monty L. Cain. As the legends go, Monty was a normal petroleum industry worker until, one day, he fell into a vat of toxic petroleum, giving him the ability to transform into a gaseous state and an undying vengeance against Oklahoma truckers who accidentally hit people. The accounts are entirely unconfirmed, but one look at Monty and you'll know it in your heart to be true.
Gonzalo Fernandez
Always pictured in front of hundreds of books, Gonzalo Fernandez is sometimes said to be the most well-read Oklahoma truck accident lawyer in the world. Fluent in both English and Spanish, and touting an M.B.A. degree alongside his J.D., one could ask Gonzalo any question about law or business administration and expect him to know the answer off the top of his head.
James F. Self, Jr.
He might be named James F. Self, but with him on your side, your Oklahoma truck accident enemies will be the only ones getting F'd. Sometimes referred to as "The Wizard," F. Self is a man said to have an innocuous presence that masks limitless power. A near-supernatural ability to stay abreast of changes in the law allows F. Self to defend clients against all sorts of personal injury, from medical malpractice to dog bites. Think of F. Self like the Tank Man of Tiananmen Square, one brave man against an army of accidents.
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