Apple is adding a floor to its offices in downtown Seattle, giving the company enough room to seat nearly 500 employees there, Nat Levy reports at GeekWire:
Apple is preparing to move into another floor at Two Union Square, a 56-story office tower in downtown Seattle, giving it all or part of five floors of the building, GeekWire has learned through permitting documents and visits to the building. The latest move brings Apple to more than 70,000 square feet, which equates to room for somewhere between 350 and 475 people, based on standard corporate leasing ratios for tech companies.
The iPhone maker announced big plans to expand its presence on Puget Sound last year, as Levy’s colleague Todd Bishop reported at the time, after buying up the Seattle-based machine learning startup Turi and establishing a $1 million endowed professorship in artificial intelligence and machine learning at the University of Washington. Competing for AI talent is decidedly the name of the game here, Levy explains, as the northwestern city is emerging as a hub for this new technology. Amazon and Microsoft are based in or near Seattle, while Facebook and Google both have significant footprints there.
All these tech giants are racing toward potentially transformative innovations in AI and machine learning; to this end, they have been grabbing all the experts they can get their hands on for the past few years, often by acqui-hiring startup founders and talent.
You’ve heard of 360 reviews, but what about 360 previews? At SHRM last week, Lin Grensing-Pophal took note of the novel recruiting technology, through which recruiters can give prospects a realistic virtual view inside their potential future workplace. Candidates even get a chance to see exactly what the jobs they are applying for entail:
The content of 360-degree videos can vary: They can offer a “day in the life” perspective about a specific job, interviews with employees and others from the organization, or a bird’s-eye view of company activities such as events and town hall meetings. The management training program at Compass Group North America, a family of food-service and support-services companies serving the hospitality industry, for instance, allows viewers to explore the company’s facilities through a tour narrated by those who are in the program. Viewers see the facilities and learn about the incumbent’s experience in the role. The viewer’s vantage point can be swiveled around for a 360-degree experience.
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The application period for H-1B temporary skilled worker visas came and went last week, with US Citizenship and Immigration Services reaching its petition cap this year within five days of the application period opening on April 2, CNet reported on Friday. In a process that has become commonplace in recent years, demand for the 85,000 highly-coveted visas issued each year quickly surpassed the number available, prompting USCIS to stop accepting applications. The visas will be awarded by lottery and the recipients will be eligible to come to the US and start working in October.
Nobody is particularly in favor of the H-1B lottery system. Advocates of a more liberal immigration policy consider the annual limit arbitrary and far too low, as in this statement reported by CNet:
“That’s it for the entire year for our nation’s ability to bring in the best and brightest individuals through the H-1B program to come create American jobs,” Todd Schulte, president of FWD.us, a US lobby in favor of immigration reform, said in a statement. “In addition to forcing us to miss out on the creation of American jobs, these arbitrary limits will stifle medical innovation and wage growth, and will hurt our economy.”
At the other end of the spectrum, however, are critics who say the US issues too many of these visas and is insufficiently selective in how it awards them, such as President Donald Trump, who rode into Washington last year vowing to reform the H-1B system as part of a broader effort to reduce both legal and illegal immigration to the US. In his “Buy American, Hire American” executive order issued a year ago, Trump called for changes to the program to crack down on what he described as fraud and abuse, and advocated awarding the visas based on merit rather than by a random lottery.
Nonetheless, the Wall Street Journal reports, this round of H-1B applications visas is being distributed without the major changes Trump has requested.
Mercer’s latest Workforce Monitor report points to what the consultancy calls an “unprecedented labor shortage” in the UK in the coming years as declining immigration reveals the extent to which an aging population is shrinking the country’s domestic workforce, challenging employers to find new avenues for growth in a limited talent market. Neil Franklin parses their research at Workplace Insight:
Mercer anticipates the UK workforce will increase by just 820,000, or 2.4 percent, by 2025, a significant reduction in recent trends that have seen 9 percent workforce growth in the 10 years to 2015. For the first time in half a century, the overall population will be increasing at a faster rate than the workforce, creating long term structural challenges for the economy. …
Mercer also expects there to be a significant shift in age demographics across the workforce. Projections suggest that over the next eight years there will be 300,000 fewer workers under the age of 30 and 1 million more over 50 in the UK as a result of falling net migration and ageing baby-boomers. This is likely to have a particular impact on London, whose economy is heavily dependent on young and migrant labour. Mercer forecasts that London’s resident under 30s worker population will fall by 25%, whilst over 50s will increase by 25%.
Mercer’s projections are the latest in a series of dire warnings about the likelihood of labor shortages after the UK’s scheduled exit from the EU next year. A report from the CIPD last year found that the country likely cannot meet its labor needs without access to foreign talent, which Brexit is expected to sharply curtail. Uncertainty over future immigration policies have left British employers worried about how they will meet their future talent needs in the absence of spare capacity and a tight domestic labor market.
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US nonfarm payrolls rose by a seasonally adjusted 103,000 in March, while the more robust numbers from January and February were revised downward by a cumulative 50,000 in Friday’s monthly report from the Bureau of Labor Statistics, representing a marked decline from February, when the workforce grew at the strongest monthly rate since July 2016. The unemployment rate held steady at 4.1 percent for a sixth month, still the lowest since December 2000, while wages rose only slightly, by 8 cents an hour for a year-over-year increase of 2.7 percent.
Labor force participation fell incrementally from 63.0 percent in February to 62.9 percent in March. That’s better than the recent low of 62.3 percent in 2015, but the rate remains nearly the lowest the US has seen since the late 1970s, the Wall Street Journal’s Eric Morath observes. With the economy at approximately full employment, the government and employers alike are hoping to entice more non-working Americans off the sidelines, but have had limited success so far in that endeavor.
Friday’s numbers fell short of expectations. Economists surveyed by the Journal had predicted 178,000 new jobs and an unemployment rate of 4.0 percent. ADP’s independent monthly report, released on Wednesday, said companies had added 241,000 jobs last month. ADP’s numbers always tend to be higher those from the BLS, but this month’s divergence is unusually wide.
One possible factor in March’s sharp decline is the weather: The US was hit with a series of late winter storms this year, and as Washington Post economics correspondent Heather Long noted, there was major snowfall the week the BLS conducted its survey, which may have depressed its count and could mean these figures will be revised upward in future reports.
For Ben Casselman, economics reporter at the New York Times, the big-picture takeaways from the jobs numbers in early 2018 are that wage growth is still slower than economists would tend to expect and would like to see given the tightness of the labor market, and that while labor force participation isn’t falling off due to retirements in an aging workforce, Americans are not returning to the workforce in sufficient numbers to fill the shortages in the labor pool:
Apple made a big move in the battle for top AI talent this week, hiring John Giannandrea away from Google, where he had until Monday been chief of search and artificial intelligence. Apple announced on Tuesday that Giannandrea would lead its machine learning and AI strategy, reporting directly to CEO Tim Cook, the New York Times reported:
Apple has made other high-profile hires in the field, including the Carnegie Mellon professor Russ Salakhutdinov. Mr. Salakhutdinov studied at the University of Toronto under Geoffrey Hinton, who helps oversee the Google Brain lab.
Apple has taken a strong stance on protecting the privacy of people who use its devices and online services, which could put it at a disadvantage when building services using neural networks. Researchers train these systems by pooling enormous amounts of digital data, sometimes from customer services. Apple, however, has said it is developing methods that would allow it to train these algorithms without compromising privacy.
Cook stressed Apple’s commitment to charting a privacy-conscious course on AI development in his statement on Tuesday, saying Giannandrea “shares our commitment to privacy and our thoughtful approach as we make computers even smarter and more personal.” While safeguarding users’ privacy may pose a significant technical challenge in AI and machine learning, that commitment could have an upside from a marketing perspective at a time when tech companies are facing heightened scrutiny and criticism of their data privacy practices.
Last week, Michigan Governor Rick Snyder signed into law a bill preempting local governments within the state from regulating the questions employers are allowed to ask candidates during job interviews. The broad anti-regulatory measure is aimed specifically at restricting local ordinances prohibiting inquiries about candidates’ salary histories, Jackson Lewis attorneys Stacey A. Bastone and K. Joy Chin observe at the firm’s Pay Equity Advisor blog, reinforcing a 2015 law that prohibited local administrations from banning these questions on job applications:
At the time of the bill’s signing, no municipality in the state had proposed an ordinance restricting pre-employment inquiries into salary history. Proponents of the bill contend that asking about an applicant’s past or current salary is a standard business practice and assists employers in budgeting. Opponents argue that soliciting salary history can perpetuate discriminatory pay gaps. …
Wisconsin’s legislature is also poised to pass similar legislation, they note, which Governor Scott Walker is expected to sign. Michigan and Wisconsin here are employing a legislative tactic that has become increasingly common in the past year among states with conservative governments to prevent their more liberal cities from implementing their own, more progressive employment regulations. At the same time, other, more liberal states are pursuing more employee-friendly labor regulations, including higher minimum wages, paid family leave and sick leave mandates, restrictions on the use of non-compete agreements, and even protections for employees who use marijuana in states where the drug has been legalized.
When it comes to salary histories, these midwestern states with Republican governors are going against the prevailing trend. Bans on these inquiries have been passed in California, Delaware, Massachusetts, Oregon, Puerto Rico, New York’s Albany County, New York City, and San Francisco, while 14 other states are considering them.