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Daily Red Alert - 8/24/22

Relevant Press


The Surprise in a Faltering Economy: Laid-Off Workers Quickly Find Jobs - WSJ


“But one characteristic of today’s economy is that job cuts at small startups and large companies have yet to dent the overall labor market. Labor demand is still historically strong, offering only faint signs of cooling. There are nearly two job openings for every unemployed person seeking work.”


Soaring Inflation Mostly Caused by Stimulus-Fueled Demand: Study - Epoch Times


“Julian di Giovanni, an economist at the Federal Reserve Bank of New York and co-author of the study (pdf), summarized the team’s findings in a blog post on Aug. 24 that comes amid an ongoing debate as to what caused inflation to soar to multi-decade highs.”


Poll: Gas Prices, Economy, Crime Dominate Midterm Issues - Breitbart


“Ninety-two percent are concerned about rising gas prices, while 68 percent are very concerned. Ninety-one percent are concerned about President Joe Biden’s economic recession. Sixty-six are very concerned. And 86 percent are concerned about violent crime. Sixty-one percent are very concerned.”


Jeff Bezos’ job posting for Amazon from 1994 goes viral - New York Post


“One of the first-ever help wanted ads written by Amazon founder Jeff Bezos is making the rounds on the internet nearly 30 years to the day it was first posted online.”


Florida Gov. Ron DeSantis bans ESG ‘agenda’ from state pension investments - New York Post


“DeSantis, who has frequently blasted businesses for engaging in “woke” politics, is chairman of Florida’s three-member State Board of Administration and had personally backed a resolution imposing the ban that was passed on Tuesday.”


Inviting White Workers to Join Diversity Initiatives May Increase Buy-In - UCLA Anderson Review


“Corporate America has become more focused on building workforces that better address diversity, equity and inclusion. A recent survey reports that, compared with 2019 — a year before George Floyd was murdered — company DEI leaders are now 2.6 times more likely to have a seat in the C-suite, and their teams have grown nearly fivefold.”


How Indeed’s DIB lead holds space for BIPOC employees - HR Dive


“Misty Gaither, senior director and global head of diversity, inclusion and belonging at Indeed, gave similar advice regarding ways to guide workers through traumatic and tense political landscapes. “It’s important to have a crisis response strategy in place. Part of ours is to set up what we call ‘healing hours’ or ‘brave spaces’,” she told HR Dive, adding that the brave spaces are standing meetings that are broadly accessible.”


American Express slapped with lawsuit alleging discrimination against White employees - Fox Business


“A former American Express employee filed a class-action complaint Tuesday alleging that the credit card company exhibited "callous indifference" to civil rights law by terminating him because he is White and because he spoke out against its "racially discriminatory" policies.”


RedBalloon in the News


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The Daily Red Alert is a collection of stories that relate to the issues of freedom in the workplace, business, and the US economy.

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