Despite rising layoffs and hiring freezes, Americans entering the job market aren’t settling for a slim paycheck, especially when looking for new positions.
Malte Mueller | Getty Images
According to a Federal Reserve Bank of New York survey, the lowest wage respondents would accept for a new role was $73,667, an increase from the previously recorded number of $72,873 in July.
The new bar is the highest number since the series began, according to the report.
Additionally, the increase in salary expectations was most prominent in individuals under the age of 45, which could be an indicator of younger workers participating in the “great resignation” and seeking better opportunities with higher pay and more flexibility.
However, the number of workers looking for new roles actually decreased in November.
The percentage of those seeking a new role in the four weeks prior to taking the survey decreased from 24.7% in July to 18.8% in November, with overall job satisfaction improving.
Based on the data, workers are expecting higher starting salaries, but fewer people are actively searching for new roles.
When members of the Federal Reserve make public statements, investors tend to listen. Over the past two decades, central bankers have consistently shared key information about the future trajectory of important inputs like interest rates. The Fed’s forward guidance on interest rates amid historic inflation has taken stock markets for a ride in 2022. As investors wait for a pivot, a panel of experts explains why many in the market choose not to fight the Fed.
A minimum of 3 years of relevant PR experience, ideally within an agency environment, is required. Candidates must possess editorial contacts (preferably within the jewelry/watches, accessories and/or menswear category), solid communication skills, professionalism, enthusiasm and the ability to think creatively. Experience with events and digital activations is a plus.
About Battalion: With decades of experience working with the world’s leading brands, as well as emerging talent and trailblazers, Battalion offers strategic communication counsel and unparalleled expertise in public and media relations, event management and production, influencer engagement and celebrity services.
Job Description: · Work with senior management to help develop annual communication programs · Cultivate relationships with target media, influencers, and industry tastemakers · Manage client communication for key agency accounts · Draft communication materials, including press releases, backgrounders, and media alerts · Pitch and secure product placements, as well as brand features and profiles · Assist with planning and organization of experiential events · Facilitate celebrity dressing opportunities and oversee product loans · Co-develop and manage influencer activation campaigns · Co-manage junior staff and agency interns
Position Requirements: · Highly organized self-starter with the ability to multi-task effectively · Possess media contacts, preferably market editors in the fashion/jewelry/watch spaces · Strong attention to detail is essential · Excellent written and verbal communication skills · Proven ability to pitch and secure editorial placements · Experience cultivating and managing relationships with digital influencers · Positive attitude, discreet and professional manner · Experience in marketing/communications within the luxury goods/fashion industry is preferred · Overall knowledge of the industry and a genuine interest in cultural activities · Proficiency in Microsoft Word, Excel and PowerPoint · *Position is based in New York City with a requirement to be in the office daily
Compensation: Base salary $65k – $80k, commensurate with experience. In addition to the base salary, Battalion offers healthcare, 401k and annual performance based bonus.
Walker Drawas is seeking a highly organized, multi-tasking, dynamic Marketing + Public Relations Account Manager to continue to foster effective relationships with our network, increase awareness for clients managed, and develop and execute strategic PR, marketing, and VIP strategies.
Responsibilities include: · Manage overall PR strategy for client portfolio, including PR and VIP strategies · Generate new and exciting ideas for client strategies as needed including, but not limited to: event ideation, campaign ideation, creative strategy ideation and celebrity and influencer seeding programs. · Develop and write communications materials including editorial calendars, press plans, pitches and briefing materials · Press and VIP pitching for but not limited to editorial product placement, celebrity placements and product seeding pitching. · Monitor, analyze and communicate PR results as needed · Involvement in pitching new business and developing PR proposals · Communicate company developments internally · Communicate daily with clients and anticipate client needs · Overseeing of team reporting · Active business development and corporate structure
Qualifications · The ideal candidate has 2+ years’ Agency experience implementing communications strategies, client facing and industry contacts – preferably influencer, talent and press/media relationships · Proven management skills, and creative abilities. · Excellent oral and written communication skills and attention to detail is a must · Self-starter, motivated, resourceful, and able to work collaboratively as part of a team · Ability to multitask in fast-paced environment · Experience with Fashion GPS, Cision, Trend Kite, Canva and Microsoft Office preferred
Salary: $65k – $70k
To Apply: Please send your resume to andia@walkerdrawas.com, subject line Account Manager.
Walker Drawas is seeking a highly organized, multi-tasking, dynamic self-starters that can keep up with a fast-paced environment. This role will work hand and hand with our showroom and VIP team on celebrity dressing for red carpet events, press events, street style and gifting opportunities. This role will assist in strategic gifting outreach to celebrities, stylist and influencers, help prepare for inventory for gifting, VIP gifting and assisting with stylist pickup orders. This role has the opportunity for quick growth to all showroom and functions within the Showroom and VIP roles at Walker Drawas. This is a great steppingstone for those available to seek experience in the fashion industry.
Responsibilities to Walker Drawas but is not limited to: ● Support the Account Managers with day to day client needs ● Handle showroom appointments with stylists alongside the Showroom + VIP team ● Manage incoming e-mail requests by responding with approved brands. Account team will relay brand approvals based off client targets ● Strategic product pitching for client gifting initiatives and sample loans ● Manage the incoming shipments, sorting and distributing to the relevant team members ● Assist Showroom + VIP team with packing gifting and sample loans ● Assist with sample trafficking, shipments and overall inventory management in Fashion GPS ● Perform prompt and accurate stock checks, while maintaining an organized and efficient stockroom ● Merchandising and maintaining the aesthetic of the showroom and backstock, as needed ● Create gifting and showroom lookbooks ● Assist in curating and developing target lists, contact sheets, etc. ● Local pick-up/drop-offs with merchandise, FedEx/DHL/UPS drop-off, as needed ● Image hunt for all product pulls/gifting
Qualifications ● The ideal candidate has 1 year intern experience in a showroom or with a stylist ● Excellent oral and written communication skills and attention to detail is a must ● Self-starter, motivated, resourceful, and able to work collaboratively as part of a team ● Ability to multitask in fast pace environment ● Execute daily gifting pitching efforts, on behalf of individual clients ● Ability to multitask and prioritize work for account team to ensure efficiencies ● Provide proactive, consistent status updates to Account Managers, VP and Owner ● Experience with Fashion GPS, Canva and Microsoft Office preferred
Salary: $55k
To Apply: Please send your resume to andia@walkerdrawas.com, subject line Account Coordinator.
The Long Island unemployment rate ticked higher in November, after dropping to an all-time low in October.
The not-seasonally-adjusted unemployment rate for Long Island in November was 2.5 percent, up from the 2.2 percent rate from October, according to preliminary numbers from the New York State Department of Labor.
The October rate of 2.2 percent was the lowest Long Island unemployment rate in the more than 32 years on record.
The November not-seasonally-adjusted unemployment rate for Nassau County was 2.3 percent and the rate for Suffolk County was 2.5 percent, the DOL reports.
November’s unemployment rate for Long Island was well below the 3.1 percent unemployment rate recorded a year ago.
The state’s seasonally adjusted unemployment rate remained at 4.3 percent in November.
New York City had the highest unemployment rates in the state in November, led by the Bronx (7.4 percent); Brooklyn (5.5 percent); Staten Island (4.9 percent) and Queens (4.8 percent).
Saratoga County led the state with the lowest unemployment rate in November at 2.1 percent, followed by Columbia County at 2.2 percent.
Walker Drawas is seeking a highly organized, multi-tasking, dynamic Press Manager to continue to foster effective relationships with our network, increase awareness for clients managed, and develop and execute strategic PR strategies. Candidate handles client relations, identifies, and secures press opportunities, and delivers consistent earned media coverage. Must have time management and prioritization skills and be able to lead multiple accounts at the same time as the client facing account lead. Simultaneously, candidate must be capable of executing multiple deliverables in a fast-paced environment.
Responsibilities include: · Manage overall PR strategy and execution for client portfolio, including PR and VIP strategies · Develop and write communications materials including editorial calendars, press plans, and strong messaging angles for pitches and press releases · Pitch a range of media with the goal of press coverage, both larger brand / feature stories and product placement · Brainstorm fresh ideas for client PR campaigns, including strategic partnerships · Monitor, analyze and communicate PR results as needed · Involvement in pitching new business and developing PR proposals · Facilitate new client on-boarding process including approval of on-boarding kit, as well as recurring client call agendas/updates and overseeing of team reporting for client portfolio · Communicate daily with clients and anticipate client needs · Attend client events and relevant industry events
Qualifications · The ideal candidate has 3+ years’ experience implementing press strategies · Proven management skills, and creative abilities. · Excellent oral and written communication skills and attention to detail is a must · Self-starter, motivated, resourceful, and able to work collaboratively as part of a team · Ability to multitask in fast pace environment · Lead and execute daily pitching efforts, on behalf of individual clients · Ability to multitask and prioritize work for account team to ensure efficiencies · Provide proactive, consistent status updates to VP and Owner · Strong network of contacts with media; spend time networking with press and KOLs (key opinion leaders) · Diligent attention to detail and organizational skills · Experience with Fashion GPS, Cision, Trend Kite, Canva and Microsoft Office preferred
Salary: $80K – 90K To Apply: Please send your resume to annabelle@walkerdrawas.com, subject linePress Account Manager.
Devin Ryan, JMP Securities senior research analyst, joins ‘Closing Bell’ to discuss Goldman Sachs laying off up to eight percent of the bank’s workers in January.
V.Mora is hiring a Fashion Production Assistant for their production team. You will be working directly with a variety of different clients/collections from the start-up stages of design all the way through production of clothing, handbags etc! The position is located in the heart of New York in a beautiful 12,000 ft. studio. You’ll be working closely with the CEO Anna Livermore, who not only started V.Mora in 2008 but recently opened a sister company photo studio called Swift Studios. This (Full Time W-2) position will allow you to expand on your knowledge of the local and global Fashion industry.
You will be working with new fashion entrepreneurs who want to launch their very first collection and guide them through the process of producing locally here in NYC, domestically in the USA, or offshore. Part of this position will be consulting and guiding these fashion entrepreneurs to get them from point A to B. The other aspect of the job will include Fashion Product Development & Management. This will consist of helping entrepreneurs narrow down their ideas, and put action in place to make it a full product. You will be creating sketches, tech packs, sourcing fabrics & trims, communicating with vendors, and going on site to some NYC factories and vendors. This position can be extremely rewarding if you are looking to launch a line of your own and operate a business.
Mentorship: You will be mentored by CEO and founder Anna Livermore to navigate the world of Fashion Production and Management. There will be daily training to start then move to weekly as you progress. We are looking for someone who wants to learn, and enjoys taking initiative and growing their education. Promotion is possible to Production Manager when KPI are achieved. Daily tasks can include: -Pick ups and drop offs at manufacturers -Scheduling client meetings, booking fit models, etc. -BOM Sheets -Tech packs -Ordering office supplies -Shipping – inventory list on incoming and outgoing tracking numbers -Assist Pattern Maker – give directions on sample/pattern -Typing up consultation summaries -Spec sheet creation -Fabric + trim sourcing and ordering -Take fitting notes -Quoting production, patterns and samples -Assist in digitizer for drop off/pick up and direction -Updating clients reports and helping manage clients -Assists with all above tasks, to do’s given by manager Required Qualifications and Skills: -MUST KNOW how to created and edit Tech Packs and Tech Sketches -Google Suite: Gmail, Google Docs, Google Sheets, Google Drive -Adobe Suite: Including Illustrator -Superior customer service skills -Strong Communication Skills -Organized and Punctual with great time management skills -Motivator and Initiator as you will be managing client expectations and priorities. Preferred Qualifications and Skills: -Preferred education in Production Management, Business Management or Fashion Design but not required. -Prior experience in Product Development and Production -Graphic Design background -Understands supply channel logistics
You would be working in a friendly and cool environment. We are looking for candidates with excellent communication skills, problem solvers and multi-taskers, with the ability to manage competing priorities. Being highly adaptable is a must, as the fast-paced fashion industry is constantly evolving. You will also may have administrative responsibilities, such as data entry, processing orders, invoicing, shipping and receiving. This job is an in-office job, in Manhattan. This is not a remote job. Salary Range: $40,000-$50,000 Please send your resume, portfolio (include Tech sketches & Tech Packs), and brief email why you would be a good fit to: Catherine@vmora.com.
Factory PR seeks a VIP Manager in LAwith experience in fashion and celebrity. The candidate should be culturally connected and have a genuine passion for the Public Relations and Fashion fields. This position reports directly to the Director of VIP + Celebrity. This candidate must be incredibly entrepreneurial, self-motivated, and a creative thinker.
PRIMARY RESPONSIBILITIES · Support VIP Director with all agency and client initiatives · Possess existing relationships with key stylists, editors, producers and influencers · Conduct showroom appointments and market events · Contribute to innovative and tactical communications strategies · Conceptualize and execute press events · Attend key industry events · Manage PR budgets, calendars and client task lists · Oversee execution of internal and external reporting for client activity and progress on monthly/weekly basis · Accompany clients and editors on press trips · Conduct clear and frequent communication with the NY-based team · Manage interns and assistants including hiring and day-to-day activity
REQUIREMENTS · Minimum 2 years experience preferably at a PR agency, managing VIP relations and PR responsibilities · Superior knowledge of fashion industry · Existing relationships with talent stylists and management · Proficient across all social media platforms (Twitter, Instagram, TikTok, etc), Microsoft Office and industry tools such as Cision, Launchmetrics, etc. · Experience in creation, maintenance and timely pitching of talent/press clips and budgetary tracking documents · Experience in supervising/mentoring junior staff is required. · Must exhibit strong writing, communication and presentation skills to effectively articulate ideas to clients, agency principals and colleagues · Bachelor’s degree in Communications, Journalism, Public Relations, English, Marketing or a related field · Manage interns, act as a strong mentor and guide · Must have ability to thrive in a fast-paced, deadline oriented, high-energy environment with a consistently positive attitude · Must be self motivated, entrepreneurial, loyal and a talented communicator
COMPENSATION · Competitive salary commensurate with experience · 401K with employer matching · Life insurance · Discounted Metrocard/commuting
HEALTH & WELLNESS · Health/Dental/Vision Insurance 100% covered · Discounted gym and ClassPass membership plus monthly credit · Free memberships to OneMedical, Teledoc, HealthAdvocate, and Talkspace · Flexible Spending Account · Mental Health and Wellness Stipend – $500 annually
WORK LIFE BALANCE · Generous vacation offering · Two week end-of-year holiday office closure · Summer Friday Program · Pet-Friendly office
To Apply: Please send your resume to hr@factorypr.com, subject line VIP Manager.
The Senior Designer is the link between world class creative work and the entire global agency team. Working alongside Creative, Strategy, Account Service and Production leads, you will be responsible for elevating the level of design output the agency delivers. This will include a focus on developing and strengthening existing relationships with our clients and freelance design partners along with taking a proactive approach to building new ones.
Working closely with the Global Creative Director, you help lead the creative vision, look and feel, and design output of our business. You are a critical player of the creative process and the ringmaster of the design discipline; juggling all of the moving parts, collaboratively balancing the tightrope of our client’s goals and expectations with the reality of what’s required to make world class work happen. In more standard terms, you’d say that building a reputation for world class design work and elevating the New Moon brand, the design work output, or brand assets and image are your primary measure of success.
YOUR PURPOSE The purpose of this role is to elevate the design output of our business and brand. In doing so, you will lead the art direction of all work across the global business and elevate the design aesthetic of both our brand and the client work we deliver.
To succeed in this role, you will succeed in building the brand profile of New Moon globally and be responsible for the execution of multiple pieces of world class, award-winning, globally celebrated work annually.
QUALIFICATIONS & EXPERIENCE ● 5+ years design or art direction / senior-level design experience in an entertainment or ad agency environment ● Strong digital and print design skills Experience designing presentations, printed collateral, digital assets, branding/logo development, video title cards, merchandise design, etc. ● Excellent editorial layout and type skills ● Strong knowledge of visual design, user-centered experience design, interaction design, brand development and the live-event/experiential creative process ● Strong collaborator/team player, must be able to work with cross functional internal teams in a fast paced environment ● Network of contacts in design, illustration, rendering, copywriting, 3D modeling, web design etc.
KEY SKILLS ● Expert knowledge of Adobe Design Suite, GSuite, Keynote ● Experience developing creative for RFPs including mocks, mood boards, and written ideas ● Impeccable design portfolio demonstrating a mix of digital, print, and experiential graphics ● Knowledge of web design platforms a plus, but not mandatory (Sketch, Figma, or Adobe XD) ● Prior experience working with global teams from UK/Australia a plus ● Ideally this person is based in NYC and able to travel into the office 2-3 times per week
RESPONSIBILITIES ● This role will report to our Executive Creative Director and will be responsible for: ● Working with multiple brands in a fast-paced, dynamic environment ● Owning the design pipeline across a wide variety of projects—from ideation to execution ● Driving results, while being agile enough to analyze performance and adjust ● Designing engaging, innovative and functional branded content ● Supporting the New Business team with delivery of presentations and pitches ● Collaborating with strategists, writers, producers, coders, etc. to develop thoughtful, purpose-based creative solutions and ideas ● Shepherding creative from concept stages through to production, while working closely with producers and project managers ● Ensuring work follows best design practices (e.g. preparing file for print delivery) and aligns with designated client style guides ● Attending weekly agency meetings, brainstorms and client sessions ● Maintaining resource database of contract collaborators in the creative/design departments ● Providing guidance to junior design and creative members (as needed); delegating to junior and/or contract designers (as needed) ● Keeping up with news, technology, and cultural content
KEY DETAILS ● Location: NYC-based candidates will be prioritized, though LA-based humans will also be considered. This role does require face-time with team members, clients and stakeholders and as such is not a fully remote or at-large position ● Full-time, in-house role as either a permanent employee or a 12-month contract ● Working: 3 days per week in the office (Tues-Thurs), with Mondays and Fridays WFH ● New Moon offers a competitive and generous benefits scheme that includes 4 weeks vacation ● Salary: $90k-$110k ● For consideration, applicants must include a resume and link to their portfolio (website or pdf) to jobs@new-moon.com.
ABOUT NEW MOON We are a values-led company that is grounded in radical humanity. That means we put our people first. At New Moon we are committed to fostering a workplace culture that is genuinely inspiring, compassionate, inclusive, supportive, and visionary.
The clients in the New Moon family include Porsche, Pandora, Moet-Hennessy, Glenmorangie, Moet & Chandon, Tag Heuer and Snapchat.
Further details about who we are, the work we do, the content we create, and the clients our cultural orbit can be found at www.new-moon.com and on our ‘gram
Seeking a self-motivated and detail-oriented LA-based Assistant Agent to develop & maintain artist relations. This role will support our Director of Styling in maintaining artist relationships by managing daily calendars, daily communication with artists, coordinating deal memos, call sheets, booking travel, helping with new business for existing talent, and general administration duties. This role will connect with beauty, fashion and entertainment professionals, contributing to a large network of VIP industry experts. Candidates must be extremely detail oriented, organized, able to shift priorities & work under a short deadline in a fast-paced environment. This role will report to the Director of Styling / Styling Agent
THE IDEAL CANDIDATE
Bachelor’s degree. Communications experience a plus.
Resourceful, articulate and looking to become an agent.
Strong verbal and written communication skills.
Strong ability to come up with out-of-the-box solutions and solve problems.
Excellent time management skills; ability to prioritize key projects.
Informed with an understanding of the celebrity market: key fashion/ beauty trends, hair stylists, makeup artists, photographers, manicurists and influencers in the industry; keeps up with current events, publications including magazines, blogs, etc.
Ability to understand the client’s needs and use effective means to execute a solution.
Ability to thrive under pressure, remaining flexible, proactive, resourceful, efficient, as well as a high level of professionalism and confidentiality.
Experience with client billing is a plus.
1-2 years of experience in the beauty, fashion or entertainment industry is a plus.
Flexibility with work hours.
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QUALIFICATIONS
Bachelor’s degree
Experience within beauty, fashion, photography, entertainment, PR, or agency environment.
Knowledge of media landscape and celebrity culture.
Highly-organized, able to prioritize & manage multiple tasks at once.
Self-motivated determined individual who takes initiative and is able to remain professional.
Ability to work in a fast-paced environment and take direction.
ABOUT THE ONLY AGENCY Established in 2014, The Only Agency, based in New York, Los Angeles, London and Nashville is one of the world’s top agencies, representing a diverse and selective group of the most sought after celebrity fashion stylists, costume designers, photographers, makeup artists, hair stylists, manicurists, colorists, influencers, and production designers in the scene. Together, The Only’s roster is comprised of a community of talent who motivate and inspire the fashion and beauty industry at large.
Anyone who depends on LinkedIn to search for jobs, find business partners or other opportunities is probably aware that the business social media site has had issues with fake profiles. While that is no different than other social media platforms including Twitter and Facebook, it presents a different set of problems for users who look to use LinkedIn for professional purposes.
Between January 1 and June 30, more than 21 million fake accounts were detected and removed from LinkedIn, according to the company’s community report. While 95.3% of those fake accounts were stopped at registration by automated defenses, according to the company, there was a nearly 28% increase in fake accounts caught compared to the previous six-month period. LinkedIn says it currently has more than 875 million members on its platform.
While the Microsoft-owned professional social media platform has rolled out new features in recent months to help users better determine if someone contacting them is a real or fake profile, cybersecurity experts say there are several things that users on the platform can do to protect themselves.
Creators of fake LinkedIn profiles sometimes try to drive engagement through content that links to malicious sites, said Mike Clifton, executive vice president and chief information and digital officer at Alorica, a global customer service outsourcing firm.
“For example, we see those that revolve around posts and content promoting a work event, such as a webinar, that uses real photos and people’s real information to legitimize the information and get others to register, often on a fake third-party Web site,” Clifton said.
How to avoid getting duped by fraudulent profiles
Cybercriminals often rely on a human touch to give LinkedIn users the impression that the fake profile belongs to someone they know, or is two degrees removed from someone they know. “This has been going on for years, and at this point can still evade even sophisticated fraud detectors,” Clifton said. “Like we remind our employees and customers, it’s important to stay vigilant and engage cautiously on social networks to protect your information.”
Recruiters who rely heavily on LinkedIn to search for prospective employees can find fake profiles especially troublesome, said Akif Khan, vice president and analyst at research firm Gartner.
“In addition, in other areas of fraud management — for example, when suspicious ecommerce transactions are being manually reviewed — agents will look across social media sites including LinkedIn to try and see if [a] person has a credible digital footprint which would suggest that they are a real-person rather than a fake identity,” Khan said.
For these reasons it can serve the purposes of bad actors to have fake LinkedIn profiles, Khan said.
Gartner is seeing the problem of phony accounts across all social media platforms. “Bad actors are trying to craft fake identities and make them look real by leaving a plausible-looking digital footprint across different platforms,” Khan said.
It’s more likely that the fake profiles are set up manually, Khan said, however, where bad actors are creating large numbers of fake profiles — which can be used to abuse advertising processes or to sell large volumes of followers or likes on-demand — they’ll be using bots to automate that process of creating fake accounts.
The challenge for LinkedIn users is that profiles on social media platforms are easy to create and are typically not verified in any way. LinkedIn has asked users who encounter any content on the platform that looks like it could be fake to report it to the company. Users should specifically be on the lookout for profiles with abnormal profile images or incomplete work history, and other indicators including inconsistencies in the profile image and education.
“Always seek corroboration from other sources if you’re looking at an account and are making decisions based on what you see,” Khan said. “The bigger issue here is for the platforms themselves. They need to ensure that they have appropriate measures in place to detect and prevent automated account creation, particularly at large scale.”
What LinkedIn is doing to detect fakes and bots
Tools for detection do exist, but using them is not an exact science. “Verifying the identity of a user when creating an account would be another effective way to make it more difficult to set up fake accounts, but such identity proofing would have an impact in terms of cost and user experience,” Khan said. “So these platforms are trying to strike a balance in terms of the integrity of accounts and not putting users off creating accounts,” he said.
LinkedIn is taking steps to address the fake accounts problem.
The site is using technology such as artificial intelligence along with teams of experts to remove policy-violating content that it detects before the content goes live. The vast majority of detected fake accounts are caught by automated defenses such as AI, according to a blog post from Oscar Rodriguez, vice president of product management at LinkedIn.
LinkedIn declined to comment further.
The company is also collaborating with peer companies, policymakers, law enforcement and government agencies in efforts to prevent fraudulent activity on the site.
In its latest effort to stop fake accounts, LinkedIn rolled out new features and systems in October to help users make more informed decisions about members that they are interacting with, as well as enhancing its automated systems that keep inauthentic profiles and activity off the platform.
An “about this profile” feature shows users when profiles were created and last updated, along with information about whether the members had verified phone numbers and/or work emails associated with their accounts. The goal is that viewing this information will help users in deciding whether to accept a connection request or reply to a message.
LinkedIn says rapid advances in AI-based synthetic image generation technology have led to the creation of a deep learning model to better catch profiles made with AI. AI-based image generators can create an unlimited number of unique, high-quality profile photos that do not correspond to real people, Rodriguez wrote in the blog post, and phony accounts sometimes use these convincing, AI-generated profile photos to make a profile appear more authentic.
The deep-learning model proactively checks profile photo uploads to determine if an image is AI-generated, using technology designed to detect subtle image artifacts associated with the AI-based synthetic image generation process — without performing facial recognition or biometric analyses, Rodriguez wrote.
The model helps increase the effectiveness of LinkedIn’s automated anti-abuse defenses to help detect and remove fake accounts before they can reach members.
The company also added a warning to some LinkedIn messages that include high-risk content that could impact user security. For example, users might be warned about messages that ask them to take conversations to other platforms, because that might be a sign of a scam.
Looking to break into the fashion industry or make moves from your current role? Fashionista posts job listings daily across every field, from PR to design and from internships to managers.
Interested in posting a job listing with us? Packages start at $100, and you can find more info here or email Winnie at winnie@breakingmedia.com to get started. We look forward to working together.
Shopee reportedly conducted three rounds of layoffs this year as its parent Sea Limited struggles towards profitability.
Lauryn Ishak | Bloomberg | Getty Images
More tech startups in Southeast Asia laid off workers this year, as macro headwinds widened losses and venture capitalists pushed startups to extend their runways.
Both companies cited challenging macroeconomic challenges.
There are signs that we are entering into a recession, if we are not already in one. Therefore, customer demand is likely to be slower in 2023.
They join Sea Group and other companies in the region in downsizing headcount. Sea Group, according to local media, laid off more than 7,000 employees over the past six months.
“Founders are being prudent by managing costs in this environment to ensure there is sufficient runway till late 2024,” Jia Jih Chai, co-founder and CEO of Singapore-based e-commerce brand aggregator Rainforest, told CNBC. Chai was previouslyasenior vice president at Carousell and a managing director at Airbnb.
“There are signs that we are entering into a recession, if we are not already in one. Therefore, customer demand is likely to be slower in 2023,” said Chai.
Read more about tech and crypto from CNBC Pro
In a note to Carousell’s employees, CEO Quek Siu Rui acknowledged “critical mistakes” were made. He said he was “too optimistic” about the Covid recovery and underestimated the impact of growing his team too quickly.
“The reality is that we were quick to grow our expenses and hire, but the returns took longer than expected,” said Quek, adding that there have been cost-cutting measures in the past few months and Carousell’s leadership will take voluntary pay cuts.
Quek also said it’s only prudent that the company get to profitability as a group as quickly as possible, as it is unclear if market conditions will improve.
“I was astonished that companies predicted that the Covid behavior changes would last forever,” Alex Kantrowitz, a Silicon Valley journalist, who also runs an independent newsletter and podcast called Big Technology, told CNBC’s “TechCheck” Monday.
“Clearly, once you are allowed to go out to restaurants, hang out with friends outside, your usage of Netflix, Facebook, Shopify and Amazon would go down. So why do all of them build as if that would last forever?”
“Previously, the companies were designed for fast growth. So there needs to be changes made when the organization is shifting from strong growth to sustainable growth. For example, you may not need too many marketing people if the marketing budget is cut,” said Jefrey Joe, co-founder and managing partner at Indonesia-based Alpha JWC Ventures.
Tech startups in Southeast Asia are still largely unprofitable, with names like Sea Group and Grab amassing billions of losses annually.
Existing investors in the company are also actively advisingfounders to prepare for winter, Jussi Salovaara, Antler’s co-founder and managing partner for Asia, told CNBC. Venture capitalists are pushing founders to have a longer runway, he said.
Southeast Asia tech layoffs in 2022
Startup
Employees affected
Glints
18% of total headcount
Sea Group
7,000+
GoTo Group
1,300
Zenius
200+
Carousell
110
Foodpanda
60
Carsome
Less than 10% of total headcount
iPrice Group
50
StashAway
31
*this list is not exhaustive
Source: CNBC research
“We say to the founders that they need to be prepared that next year is not going to be easier than this year,” said Joe.
“These companies may be doing well operatively. They still have some growth. They might be close to profitability, but they need to make sure that they’re sustainable for the future,” added Salovaara.
Tech companies are only seeing the beginning of layoffs, said Kantrowitz.
Globally, tech companies have been conducting mass layoffs, especially the U.S. tech giants. For example, Meta cut about 11,000 jobs while Microsoft reportedly laid off less than 1,000 people due to a slowdown in growth.
Nam Cho Fine Jewelry is currently looking for a responsible Office Coordinator/Assistant to perform a variety of administrative tasks. We are a small company but fast growing, with family-like environment.
Duties include providing support to our team by assisting in daily office and general administrative needs.
Administrative Assistant responsibilities include maintaining our inventory, filing systems and invoices and performing day-to-day general tasks from repairs to sales in the office.
The ideal candidate should have a minimum of 2-3 years of experience in the jewelry industry and excellent oral and written communication skills and be able to organize their work using tools like MS Excel.
The ideal candidate is enthusiastic about the jewelry industry and interested in learning and growing with the company. The position provides a broad exposure to the industry; this is an amazing opportunity for someone who is looking to learn and gain access to a multi-faceted role with growth potential.
The ability to multitask and work in a fast paced environment is extremely important, as are attention to detail and strong organizational skills with the ability to learn quickly.
We are looking for someone who will thrive in a fast-paced, entrepreneurial, and collaborative environment.
General Responsibilities – Answer and direct phone calls & emails – Coordinate shipping inbound and outbound – Handle general office and administrative tasks – Provide back up and support for co-worker – Maintain and update the inventory system as needed
Skills – Extremely organized and orderly; Attention to detail and problem-solving skills – Proficiency in MS Office and MS Excel; Adobe Photoshop is a plus – Excellent time management skills and the ability to prioritize work – Excellent written and verbal communication skills – Associate or Bachelor’s Degree – A minimum 2-3 years of experience in jewelry or related field is required for the position Job Type: Full-Time Compensation: $45-55K+/- depending on experience & skill sets
To Apply: Please send your resume to nam@namcho.com, subject line Administrative Assistant / Office Coordinator.
V.Mora is hiring a Fashion Production Manager for their production team. You will be working directly with a variety of different clients/collections from the start-up stages of design all the way through production of clothing, handbags etc! The position is located in the heart of New York in a beautiful 12,000 ft. studio. You’ll be working closely with the CEO Anna Livermore, who not only started V.Mora in 2008 but recently opened a sister company photo studio called Swift Studios. This (Full Time W-2) position will allow you to expand on your knowledge of the local and global Fashion industry.
You will be working with new fashion entrepreneurs who want to launch their very first collection and guide them through the process of producing locally here in NYC, domestically in the USA, or offshore. Part of this position will be consulting and guiding these fashion entrepreneurs to get them from point A to B. The other aspect of the job will include Fashion Product Development & Management. This will consist of helping entrepreneurs narrow down their ideas, and put action in place to make it a full product. You will be creating sketches, tech packs, sourcing fabrics & trims, communicating with vendors, and going on site to some NYC factories and vendors. This position can be extremely rewarding if you are looking to launch a line of your own and operate a business. Daily tasks can include: -Pick ups and drop offs at manufacturers -Scheduling client meetings, booking fit models, etc. -BOM Sheets -Tech packs -Ordering office supplies -Shipping – inventory list on incoming and outgoing tracking numbers -Assist Pattern Maker – give directions on sample/pattern -Typing up consultation summaries -Spec sheet creation -Fabric + trim sourcing and ordering -Take fitting notes -Quoting production, patterns and samples -Assist in digitizer for drop off/pick up and direction -Updating clients reports and helping manage clients -Assists with all above tasks, to do’s given by manager Required Qualifications and Skills: –MUST KNOW how to created and edit Tech Packs and Tech Sketches -Google Suite: Gmail, Google Docs, Google Sheets, Google Drive -Adobe Suite: Including Illustrator “ -Superior customer service skills -Strong Communication Skills -Organized and Punctual with great time management skills -Motivator and Initiator as you will be managing client expectations and priorities. Preferred Qualifications and Skills: -Preferred education in Production Management, Business Management or Fashion Design but not required. -Prior experience in Product Development and Production -Graphic Design background -Understands supply channel logistics
You would be working in a friendly and cool environment. We are looking for candidates with excellent communication skills, problem solvers and multi-taskers, with the ability to manage competing priorities. Being highly adaptable is a must, as the fast-paced fashion industry is constantly evolving. You will also may have administrative responsibilities, such as data entry, processing orders, invoicing, shipping and receiving. This job is an in-office job, in Manhattan. This is not a remote job. Salary Range: $65,000-$75,000 Please send your resume, portfolio (include Tech sketches & Tech Packs), and brief email why you would be a good fit to: Catherine@vmora.com
Job growth was much better than expected in November despite the Federal Reserve’s aggressive efforts to slow the labor market and tackle inflation.
Nonfarm payrolls increased 263,000 for the month while the unemployment rate was 3.7%, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for an increase of 200,000 on the payrolls number and 3.7% for the jobless rate.
The monthly gain was a slight decrease from October’s upwardly revised 284,000. A broader measure of unemployment that includes discouraged workers and those holding part-time jobs for economic reasons edged lower to 6.7%.
The numbers likely will do little to slow a Fed that has been raising interest rates steadily this year to bring down inflation still running near its highest level in more than 40 years. The rate increases have brought the Fed’s benchmark overnight borrowing rate to a target range of 3.75%-4%.
In another blow to the Fed’s anti-inflation efforts, average hourly earnings jumped 0.6% for the month, double the Dow Jones estimate. Wages were up 5.1% on a year-over-year basis, also well above the 4.6% expectation.
The Dow Jones Industrial Average fell more than 200 points after the report as the hot jobs data could make the Fed even more aggressive. Treasury yields jumped after the news, with the two-year note, the most sensitive to monetary policy, up more than 10 basis points to about 4.36%.
“To have 263,000 jobs added even after policy rates have been raised by some [375] basis points is no joke,” said Seema Shah, chief global strategist at Principal Asset Management. “The labor market is hot, hot, hot, heaping pressure on the Fed to continue raising policy rates.”
Leisure and hospitality led the job gains, adding 88,000 positions.
Other sector gainers included health care (45,000), government (42,000) and other services, a category that includes personal and laundry services and which showed a total gain of 24,000. Social assistance saw a rise of 23,000, which the Labor Department said brings the sector back to where it was in February 2020 before the Covid pandemic.
Construction added 20,000 positions, while information was up 19,000 and manufacturing saw a gain of 14,000.
On the downside, retail establishments reported a loss of 30,000 positions heading into what is expected to be a busy holiday shopping season. Transportation and warehousing also saw a decline, down 15,000.
The numbers come as the Fed has raised rates half a dozen times this year, including four consecutive 0.75 percentage point increases.
Despite the moves, job gains had been running strong this year if a bit lower than the rapid pace of 2021. On monthly basis, payrolls have been up an average of 392,000 against 562,000 for 2021. Demand for labor continues to outstrip supply, with about 1.7 positions open for every available worker.
“The Fed is tightening monetary policy but somebody forgot to tell the labor market,” said Fitch Ratings chief economist Brian Coulton. “The good thing about these numbers is that it shows the U.S. economy firmly got back to growth in the second half of the year. But job expansion continuing at this speed will do nothing to ease the labor supply-demand imbalance that is worrying the Fed.
Fed Chairman Jerome Powell earlier this week said the job gains are “far in excess of the pace needed to accommodate population growth over time” and said wage pressures are contributing to inflation.
“To be clear, strong wage growth is a good thing. But for wage growth to be sustainable, it needs to be consistent with 2 percent inflation,” he said during a speech Wednesday in Washington, D.C.
Markets expect the Fed to raise its benchmark interest rate by 0.5 percentage point when it meets later this month. That’s likely to be followed by a few more increases in 2023 before the central bank can pause to see how its policy moves are impacting the economy, according to current market pricing and statements from several central bank officials.
Powell has stressed the importance of getting labor force participation back to its pre-pandemic level. However, the November reports showed that participation fell one-tenth of a percentage point to 62.1%, tied for the lowest level of the year as the labor force fell by 186,000 and is now slightly below the February 2020 level.
