Tech
Why Getting A ‘Good’ Job Feels So Difficult | CNBC Marathon
A cooling labor market brings about many challenges for the working class, including barriers to entry-level jobs and layoffs. Additionally, lifestyle inflation and rising levels of debt have made it more difficult to achieve the American dream, once deemed attainable with a six-figure salary. In this video, CNBC Marathon explores the challenges of today’s job market.
More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey. It’s becoming increasingly more difficult to achieve the American Dream, especially as younger generations are beginning their adulthood with thousands of dollars in student loans. So how much does it actually cost to achieve the American Dream?
45% of American workers say they need a higher income. Data from the Federal Reserve shows that job switchers increase their salary more quickly on average than those who stay put, but hiring professionals say it’s still important for candidates to be strategic when making career moves. It’s important for professionals to consider when to change jobs and how to approach their job search strategically.
Why have job requirements become so demanding and what does that mean for entry-level workers? Lack of credentials ranked second among the biggest barriers for jobseekers in 2022, according to McKinsey & Co. Some workplace experts blame inflated job requirements and layoffs of recruiters, while others point to a skills miss-match between available jobs and recent graduate degrees.
Chapters:
00:00 Introduction
00:46 Why A $100,000 Salary Doesn’t Pay For The American Dream (Published April 2024)
10:12 How Long Should You Stay At Your Job (Published April 2024)
22:32 Why Entry-Level Job Requirements Feel Absurd (Published May 2024)
Produced by: Charlotte Morabito, Juhohn Lee
Edited by: Nora Rappaport, Jack Hillyer
Animation: Jason Reginato, Christina Locopo
Additional Camera by: Juhohn Lee, Andrea Miller
Narration by: Andrea Miller
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images
Additional Source: Federal Reserve Bank of Kansas City, Brookings Institution, Harvard Graduate School of Education
Additional Editing: Emily Rabbideau
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Why Getting A ‘Good’ Job Feels So Difficult | CNBC Marathon
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Tech
How SpaceX’s IPO Is Testing Retail Investors
SpaceX is expected to go public at one of the richest IPO valuations in market history, with retail investors set to receive unusual access through platforms like Robinhood and Charles Schwab. CNBC spoke with five retail traders and investors about why they requested SpaceX IPO shares despite concerns over valuation, volatility, Elon Musk, Starlink, AI infrastructure, launch services and whether public-market buyers could become exit liquidity for early investors.
Chapters:
0:00 Introduction
1:36 Why this valuation is hard to judge
4:13 The short-term traders
6:55 The long-term believers
Produced by: Charlotte Morabito
Reporting by: Sean Conlon, Yun Li
Edited by: Andrea Miller, Macklin Fishman
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldin
Additional Footage: Getty Images
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Why Retail Investors Are Betting On SpaceX’s Massive IPO
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Tech
Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year
A year after Meta’s $14.3 billion bet on Alexandr Wang, the company finally has its first proprietary AI model, but remains behind OpenAI, Anthropic and Google. High-profile hires from rival labs made headlines, but so did layoffs, key departures, and a year of widespread internal conflict and low morale. With Meta’s stock down 19%, the pressure is now on Wang and Zuckerberg to prove the bet was worth it. CNBC’s Julia Boorstin explores what Meta is up against as it attempts to generate real revenue beyond ads.
Reporter: Julia Boorstin
Produced by: Stephen Desaulniers
Edited by: Andrew Evers
Animations: Jason Reginato
Senior Director of Video: Jeniece Pettitt
Additional Footage: Getty Images, Meta
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Big Challenges Ahead For Meta AI Chief Alexandr Wang After A Rocky First Year
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Tech
What To Expect From Trump’s Trip To The G7 Summit In France
President Trump is set to travel to France for the upcoming G7 summit, which will take place from June 15-17. Markets will be watching for signs of stability as the summit takes place against the backdrop of the Iran war, the Russia-Ukraine war and tensions between the U.S. and Europe over tariffs. CNBC’s Megan Cassella breaks down what to expect from the summit.
Reporter: Megan Cassella
Produced by: Macklin Fishman, Ashlee Trujillo
Edited by: Andrea Miller
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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What To Expect From Trump’s Trip To The G7 Summit In France
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Tech
SpaceX IPO: Here’s What Retail Investors Need To Know
Retail brokerages are lining up to offer SpaceX shares to retail investors who are salivating to buy day one of trade. However, any investor who is thinking of flipping the stock and making a quick buck may want to think twice. Fidelity and Charles Schwab have implemented anti-flipping policies ahead of the historic IPO. CNBC’s Seema Mody analyzed other high-profile IPOs, and explains what is unique about SpaceX, to find out what to expect.
Reporter: Seema Mody
Produced by: Drew Troast
Edited by: Erin Black
Senior Director of Video: Jeniece Pettitt
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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SpaceX IPO: Here’s What Retail Investors Need To Know
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Tech
Why Ford Is Making A $5 Billion Bet On EVs
Despite a massive slowdown in EV adoption, Ford Motor is continuing to move forward with its next generation of EVs. Ford’s continued confidence, albeit at lower and slower rate than it previously projected, comes from its “Universal Electric Vehicle,” or UEV platform, which the company has developed from a clean-sheet design. Ford’s goal for UEV is to be profitable and cost-competitive with global EV leaders from China and Tesla. The UEV is expected to be critical to Ford transforming its Model e EV unit from billions of dollars in annual losses to breakeven by 2029. The company has said its future EVs will be profitable within a year of launching. The first planned product based on the UEV is a roughly $30,000 midsize pickup truck for the U.S. market next year, followed by a family of vehicles underpinned by the platform.
Produced by: Juhohn Lee
Reporting by: Michael Wayland
Camera by: Andrew Evers
Edited by: Natalie Rice
Senior Director of Video: Lindsey Jacobson
Additional Footage: Ford
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About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Ford’s $5 Billion Bet On Winning The EV War
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