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LinkedIn just released its 2025 Grad Guide highlighting the fastest-growing cities, industries, and job titles for new workers with and without a bachelor’s degree. A variety of industries and professions made the list. However, the new data offers a few surprises when it comes to what grads and non-grads are pursuing most often, with many non-grads heading into careers that once required college degreesand many graduates in fields that don’t. When it comes to where young professionals are moving post-college, the Sun Belt states, including Tucson, Dallas, Tulsa, Knoxville, and Chattanooga, are turning into hot locations for new graduates to get to work. Entry-level non-grads are heading to big cities more often. San Francisco, Los Angeles, San Diego, New York, Boston, Miami, and D.C. all made the list. But so did a few smaller hubs like Detroit and Orlando.Entry-level workers without a degree joining a variety of industries, with the fastest-growing fields being customer service, education, and real estate. Notably, financial services, a field which has typically required a college degree, is also on the list, meaning young professionals are breaking into the field in other ways that don’t involve four years of formal education. Marketing seems to be hugely popular for non-grads, too. It shows up three times on the list of the fastest-growing entry-level jobs, meaning marketing skills can be learned outside of a four-year collegeperhaps by tech-savvy Gen Zers leaning into skills they learned by coming of age with social media at their fingertips. Non-grads are more frequently becoming marketing specialists, social media marketing specialists, and marketing coordinators.College grads are also joining a variety of industries, including in fields that don’t traditionally require a college degree. Case in point: Number one on the list of fastest-growing fields is construction. Real estate, utilities, wholesale, and administrative services were all growing fields for college graduates, too. Perhaps least surprisingly, new grads are leaning into technology, with artificial intelligence engineers landing as the fastest-growing job on the list.
Category:
E-Commerce
A hearing Wednesday before Nevada’s high court could provide the first public window into a secretive legal dispute over who will control Rupert Murdoch’s powerful media empire after he dies.The case has been unfolding behind closed doors in state court in Reno, with most documents under seal. But reporting by The New York Times, which said it obtained some of the documents, revealed Murdoch’s efforts to keep just one of his sons, Lachlan, in charge and ensure that Fox News maintains its conservative editorial slant.Media outlets including the Times and The Associated Press are now asking the Nevada Supreme Court to unseal the case and make future hearings public. The court is scheduled to hear arguments in the afternoon in Carson City, the capital.Murdoch’s media empire, which also includes The Wall Street Journal and New York Post, spans continents and helped to shape modern American politics. Lachlan Murdoch has been the head of Fox News and News Corp. since his father stepped down in 2023.The issue at the center of the case is Rupert Murdoch’s family trust, which after his death would divide control of the company equally among four of his children Lachlan, Prudence, Elisabeth and James.Irrevocable trusts are typically used to limit estate taxes, among other reasons, and can’t be changed without permission from the beneficiaries or via a court order.Rupert Murdoch has attempted to alter the trust, however, and Prudence, Elisabeth and James have united to try to stop that. James and Elisabeth are both known to have less conservative political views than their father or brother, potentially complicating the media mogul’s desire to keep Fox News’s political tone.The dispute has had many twists and turns, including a probate commissioner ruling against Rupert Murdoch in December.In a 96-page opinion, the commissioner characterized the plan to change the trust as a “carefully crafted charade” to “permanently cement Lachlan Murdoch’s executive roles” inside the empire “regardless of the impacts such control would have over the companies or the beneficiaries” of the family trust, according to the Times.Adam Streisand, a lawyer for Rupert Murdoch, told the newspaper at the time that they were disappointed with the ruling and intended to appeal. Another evidentiary hearing is scheduled for this month. Associated Press
Category:
E-Commerce
The Federal Reserve could keep its key rate unchanged for several more months as it evaluates the impact of President Donald Trump’s widespread tariffs on hiring and inflation, some economists say, even as the White House pushes for a rate cut.The Fed is nearly certain to keep its rate unchanged when it concludes its latest policy meeting Wednesday. Chair Jerome Powell and other Fed officials have signaled that they want to see how the dutiesincluding 145% on all imports from Chinaimpact consumer prices and the economy.The central bank’s caution could lead to more conflict between the Fed and the Trump administration. On Sunday, Trump again urged the Fed to cut rates in a television interview and said Powell “just doesn’t like me because I think he’s a total stiff.” With inflation not far from the Fed’s 2% target for now, Trump and Treasury Secretary Scott Bessent argue that the Fed could reduce its rate. The Fed pushed it higher in 2022 and 2023 to fight inflation.If the Fed were to cut, it could lower other borrowing costs, such as for mortgages, auto loans, and credit cards, though that is not guaranteed.Trump also said Sunday he wouldn’t fire Powell because the chair’s term ends next May and he will be able to appoint a new chair then. Yet if the economy stumbles in the coming months, Trump could renew his threats to remove Powell.A big issue facing the Fed is how tariffs will impact inflation. Nearly all economists and Fed officials expect the import taxes will lift prices, but it’s not clear by how much or for how long. Tariffs typically cause a one-time increase in prices, but not necessarily ongoing inflation. Yet if Trump announces further tariffsas he has threatened to do on pharmaceuticals, semiconductors, and copperor if Americans worry that inflation will get worse, that could send prices higher in a more persistent way.Kathy Bostjancic, chief economist at Nationwide, said this could keep the Fed on the sidelines until September.“It’s hard for them to cut sooner because they’ve got to weigh, what’s the inflation impact?” Bostjancic said. “Is this going to be somewhat persistent and add to inflation expectations?”Economists and the Fed are closely watching inflation expectations, which are essentially a measure of how much consumers are concerned that inflation will worsen. Higher inflation expectations can be self-fulfilling, because it Americans think prices will rise, they can take steps that push up costs, such as asking for higher wages.For now, the U.S. economy is mostly in solid shape, and inflation has cooled considerably from its peak in 2022. Consumers are spending at a healthy pace, though some of that may reflect buying things like cars ahead of tariffs. Businesses are still adding workers at a steady pace, and unemployment is low.Still, there are signs inflation will worsen in the coming months. Surveys of both manufacturing and services firms show that they are seeing higher prices from their suppliers. And a survey by the Federal Reserve’s Dallas branch found that nearly 55% of manufacturing firms expect to pass on the impact of tariff increases to their customers.“The bottom line is that inflation will be rising significantly over the next six months,” Torsten Slok, chief economist at the Apollo Group, said in an email.Yet the tariffs could also weigh heavily on the economy, particularly because of the uncertainty they have created. Huge tariffs on about 60 other nations, announced April 2, were then postponed until July 9, but could be reimposed. Business surveys show that firms are postponing investment decisions until they have greater clarity.Ryan Sweet, chief U.S. economist at Oxford Economics, said the uncertainty surrounding trade policy gives him “night terrors.”“The economics of uncertainty are absolutely suffocating,” Sweet said. “Businesses that don’t know the rules of the road, their knee-jerk reaction is to sit on their hands. And that’s what they’re doing.”But if the uncertainty delays hiring, slows the economy and pushes up the unemployment rate, the Fed could quickly shift toward interest rate cuts. A sharp economic slowdown could eventually cool inflation by itself, economists say.“If you felt like the economy was really slowing down, then I think that would probably take precedence (over inflation), because usually the way the committee thinks is that will also drag inflation somewhat with it,” said Jim Bullard, former president of the Federal Reserve’s St. Louis branch, and currently dean of Purdue University’s business school.In March, the Fed signaled that it could cut rates twice this year. But since then, the Trump administration imposed duties that Powell said last month were larger and broader than the Fed expected.The duties, Powell acknowledged, could both slow growth and lift prices, which puts the Fed in a tough spot. It would usually cut rates to boost growth and hiring, while it would raise them to cool spending and inflation. Powell signaled that if the two goals came into conflict, Fed officials would put more weight on inflation concerns.“Without price stability, we cannot achieve the long periods of strong labor market conditions that benefit all Americans,” Powell said. Christopher Rugaber, AP Economics Writer
Category:
E-Commerce
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