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by Dammike Kobbekaduwe FIPM(SL), Member-CIPM-SL-MBA(HRM) Sri Lanka faces a critical challenge: retaining its young talent in the face of enticing opportunities abroad. To reverse this trend, we must prioritize job creation across all 25 districts, tapping into the potential of online work as a rapid and accessible solution. This article delves into the importance of job data monitoring, similar to the approach taken by the United States, to guide economic stability, control inflation, and fuel sector-specific growth. By tracking monthly employment data and leveraging digital job platforms, Sri Lanka can support its young workforce, stimulate GDP growth, and create a sustainable economy for future generations. Objectives: Emphasize the importance of job creation for youth retention. Advocate for monthly job data tracking to inform economic policies. Propose practical steps for promoting digital and remote jobs in this GIG economy nationwide. Highlight the broader economic benefits of these initiatives, including GDP growth and poverty reduction. Argument for monthly job data monitoring and digital job expansion In today’s interconnected world, countries like the United States closely monitor monthly job data to guide policy decisions, from inflation control to targeted economic growth strategies. Sri Lanka can greatly benefit from this model, implementing monthly job data tracking to address labour market fluctuations and steer policies effectively. More immediately, the digital job sector presents a vast, untapped opportunity to provide quick employment solutions for Sri Lankan youth, who are increasingly drawn to international opportunities for better wages and stability. Becoming an online employee is a stepwise process that allows individuals to thrive in remote or freelance roles. First, it is essential to assess personal skills and interests, identifying fields like writing, coding, or customer support that match one’s strengths. Taking online courses or certifications, especially in areas such as digital marketing or project management, can enhance qualifications. Next, building a professional online presence is crucial; this includes updating a LinkedIn profile, creating a digital portfolio, or even launching a personal website. Once prepared, online job opportunities can be explored on platforms like Upwork, Remote.co, or even company career pages. Crafting tailored application materials, highlighting remote work skills like self-discipline and familiarity with collaboration tools, is essential. Setting up a productive workspace and cultivating time management skills further ensures success in remote roles. In Sri Lanka, the DP Education system presents an accessible pathway to online employment, offering free and affordable courses in various digital skills. This enables Sri Lankans, regardless of background, to upskill and transition into the online job market more seamlessly. Finally, continuous learning and networking, alongside understanding payment and tax protocols, rounds out a holistic approach to online employment. Following these steps can empower individuals to secure and excel in online jobs, whether freelance or full-time. Sri Lanka’s economic growth and youth retention 1. Economic Health Assessment Establish a real-time job data portal, powered by the Department of Census and Statistics. Monthly updates on employment trends will provide actionable insights, allowing Sri Lanka to make timely policy changes and respond proactively to economic shifts. 2. Inflation Control and Interest Rate Decisions Employment trends can guide the Central Bank in managing inflation and interest rates, supporting a balanced economy that fosters job growth without accelerating inflation. 3. Consumer Confidence and Spending Behaviour Tracking job stability allows the government to gauge consumer confidence, influencing fiscal policy adjustments that encourage spending—especially crucial for local businesses. 4. Labour Market Trends and Unemployment Rate Monitoring A monthly check on sector-specific growth and unemployment rates ensures timely interventions in high-need regions, with focused job creation programs for vulnerable groups. 5. Digital Job Expansion and Skill Development Partnering with DP Education, digital job initiatives can be introduced across the island, allowing youth in all 25 districts to gain remote job skills that align with global demand. This approach also aids in addressing skill mismatches in Sri Lanka’s current workforce. 6. Wage Growth and Income Distribution Monthly wage tracking provides a basis for fair minimum wage adjustments and social welfare policies, ultimately helping to alleviate income inequality. 7. Targeted Job Programmes and Regional Economic Insights Leveraging regional job data enables the government to direct resources to areas most in need, promoting balanced development and reducing rural-urban migration pressures. 8. Youth Employment Strategies and Training Programmes Digital job skills, especially in high-demand sectors, such as IT and customer service, should be integrated into youth employment strategies. Monthly data on youth employment can guide training programmes and improve their alignment with market demands. 9. Budgeting for Social Services and Poverty Reduction Employment data allows for precise allocation of budgets towards social programmes, poverty alleviation, and welfare services, addressing the most affected demographics effectively. 10. Encouraging Entrepreneurship and Supporting Small Businesses Identifying employment gaps can highlight opportunities for new business ventures, especially in underserved regions. Incentivizing entrepreneurship contributes to job creation and economic diversification. 11. Tracking Informal Economy Trends By monitoring employment in the informal sector, Sri Lanka can identify trends and initiate programmes to transition workers into formal, secure jobs, promoting fair labour practices and economic resilience. 12. Public Confidence, Policy Transparency, and Economic Stability Monthly job data reports foster transparency, strengthening public confidence in economic policies and stabilizing Sri Lanka’s economic landscape. Path to doubling GDP The expansion of online jobs can be a catalyst for achieving an ambitious goal: doubling Sri Lanka’s GDP from $80 billion. The U.S. model of job data monitoring has shown that consistent tracking enables governments to quickly adapt to economic changes. By coupling this with nationwide remote job opportunities, Sri Lanka can achieve: Enhanced Workforce Participation: Digital jobs allow wider participation, including women and youth, who may be unable to commute to traditional job hubs. Sector-Specific Growth: Tracking which sectors are expanding can help Sri Lanka allocate resources and training where they’re most needed. Regional Economic Empowerment: Digital jobs can reduce the disparity between rural and urban areas, making employment accessible across all regions. Sustainable Economic Growth: Monthly job data tracking will allow Sri Lanka to identify and respond to potential economic downturns swiftly, maintaining a stable growth trajectory. Conclusion For Sri Lanka to retain its youth, stabilise its economy, and foster sustainable growth, job creation and data-driven policy adjustments are essential. Emulating global best practices, such as monthly job data monitoring and a focused push on digital employment, can position Sri Lanka as a resilient, future-ready economy. Integrating these strategies offers a pathway to increased GDP, reduced poverty, and greater national prosperity. References Department of Census and Statistics, Sri Lanka. (2024). Labour Market Indicators. Retrieved from [link] Central Bank of Sri Lanka. (2024). Annual Economic Report. Retrieved from [link] Bureau of Labour Statistics. (2024). Employment Situation Summary. U.S. Department of Labour. Retrieved from [link] DP Education. (2024). Digital Skills and Employment Programmes. Retrieved from [link]Kylian Mbappé scored and Real Madrid moved within four points of Spanish league leader Barcelona with a 3-0 win at Leganes on Sunday ahead of its eagerly awaited Champions League match at Liverpool. Federico Valverde and Jude Bellingham also scored to close the gap on Barcelona, which conceded two late goals in a 2-2 draw at Celta Vigo on Saturday. Madrid has played one game less than Barcelona after its match at Valencia was postponed because of the deadly floods in October. Madrid will make the trip to England to face Premier League leader Liverpool on Wednesday in the Champions League, and is hoping to recover from a demoralizing 3-1 home loss against AC Milan in the previous round of matches. Madrid's attack worked well against Leganes with Vinícius Júnior playing inside and Mbappé more on the flank. The France striker scored after going four straight games without finding the net for the Spanish powerhouse. “We switched their positions and the team was able to stay in control during the whole match,” Madrid coach Carlo Ancelotti said. Fourth-place Villarreal scored an equalizer in stoppage time to salvage a 2-2 draw at fifth-place Osasuna. Ante Budimir scored twice in the first 20 minutes for Osasuna. Villarreal, which was coming off three straight victories in all competitions, scored through Álex Baena in the 67th and a penalty kick converted by Gerard Moreno three minutes into injury time. Osasuna, sitting three points behind Villarreal, was coming off a 4-0 loss at Madrid. Also Sunday, Sevilla ended a two-game losing streak in the league with a 1-0 win against Rayo Vallecano, which played the entire second half with 10 men after Unai López was sent off for a hard foul. Djibril Sow scored Sevilla's goal in the 27th. Sixth-place Athletic Bilbao hosted midtable Real Sociedad later Sunday in the Basque Country derby. AP soccer: https://apnews.com/hub/soccerDETROIT (AP) — Detroit Lions wide receiver Jameson Williams will not be charged with a crime after he was found with a gun in a car driven by his brother, a prosecutor said Monday. The gun on the floor was registered to Williams, but he didn't have a concealed-carry permit. His brother did. Prosecutor Kym Worthy said Michigan law is “far from clear” when applied to the 1 a.m. traffic stop on Oct. 8. “We really could not recall any case that had facts that mirrored this case,” she said. Williams was riding in a car driven by his brother when Detroit police stopped the vehicle for speeding. Williams said one of two guns in the car belonged to him and was registered. But without a concealed-pistol license, known as a CPL, a Michigan gun owner typically must place the weapon in a closed case while in a vehicle. A violation is a felony. In this case, Williams' brother had a permit. “The CPL holder here was the driver and had care, custody and control of the car," Worthy said. “Guidance is needed for the future on how many weapons can a valid CPL say that they have control over.” Williams obtained a CPL on Nov. 6, a month later, attorney Todd Flood said. “My client is thankful and humbled by the hard work Kym Worthy and her team put into this matter,” Flood said. During the traffic stop, Williams was handcuffed and placed in a patrol car before officers released him with his gun instead of taking him to a detention center. Williams, a first-round draft pick in 2022, has 29 catches for 602 yards and four touchdowns this season. AP NFL: https://apnews.com/hub/NFL
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Erik Mendendez and his brother Lyle Menendez will not be getting out of jail this year. A Los Angeles judge today has pushed a resentencing hearing for the siblings to January 30. There will be a follow up hearing on the calendar on January as briefings have been requested from prosecutors and lawyers for the Menendezs. Replacing the previously set December 11 hearing, the logic behind Judge Michael Jesic’s reasoning Monday is that incoming LA County District Attorney Nathan Hochman needs time to assess the high-profile matter once he officially takes office on December 3. In a somewhat delayed hearing at the Van Nuys courthouse this morning, the brothers were set to appear virtually from . However, hobbled by technological glitches that resulted in the siblings being heard but not seen, the first duel appearance of the now 50-ish Menendez brothers in almost 30 years was a no-show in the less than one hour session in the packed courtroom. After the hearing was over, Menendez attorney Mark Geragos told the media: “We’re hoping that by the end of that, or sometime sooner, that we will, in fact, get the brothers release.” Of course, Geragos also hoped the press would be orderly in talking to senior Menendez family members who testified today, and that civility collapsed pretty soon as the cameras chased the family members on the courthouse steps. MOREUN nuclear watchdog board passes resolution chiding Iran
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Donald Hand Jr. scores 29 with 10 rebounds, Boston College beats Fairleigh Dickinson 78-70Flux Power Holdings, Inc. FLUX , a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced that on November 20, 2024, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 ("Form 10-Q") and its Annual Report on Form 10-K for fiscal year ended June 30, 2024 ("Form 10-K"), with the Securities and Exchange Commission ("SEC"). This notification has no immediate effect on the listing of the Company's common stock on the Nasdaq. Under the Nasdaq rules, the Company has until December 16, 2024, to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rule. If Nasdaq accepts the Company's plan, then Nasdaq may grant the Company up to 180 days from the prescribed due date for the Form 10-K to regain compliance, or April 14, 2025. If Nasdaq does not accept the Company's plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel. The Company is working diligently to complete its Form 10-K and Form 10-Q and plans to file its Form 10-K and Form 10-Q as promptly as practicable to regain compliance with the Listing Rule. About Flux Power Holdings, Inc. Flux Power FLUX designs, manufactures, and sells advanced lithium-ion energy storage solutions for electrification of a range of industrial and commercial sectors including material handling, airport ground support equipment (GSE), and stationary energy storage. Flux Power's lithium-ion battery packs, including the proprietary battery management system (BMS) and telemetry, provide customers with a better performing, lower cost of ownership, and more environmentally friendly alternative, in many instances, to traditional lead acid and propane-based solutions. Lithium-ion battery packs reduce CO2 emissions and help improve sustainability and ESG metrics for fleets. For more information, please visit www.fluxpower.com . Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities law. Forward-looking statements are statements that are not historical facts. Words and phrases such as "anticipated," "forward," "will," "would," "could," "may," "intend," "remain," "potential," "prepare," "expected," "believe," "plan," "seek," "continue," "estimate," and similar expressions are intended to identify forward-looking statements. These statements include, but are not limited to, the expected filing date of its Form 10-K and Form 10-Q and ability to regain compliance under the Nasdaq listing rule. All of such statements are subject to certain risks and uncertainties, many of which are difficult to predict and generally beyond the Company's control, that could cause actual results to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. Such risks and uncertainties include, but are not limited to, the completion of the review and preparation of the Company's financial statements and internal control over financial reporting and disclosure controls and procedures and the timing thereof; the discovery of additional information; delays in the Company's financial reporting, including as a result of unanticipated factors; the Company's ability to obtain necessary waivers or amendments to the Loan Agreement in the future; the risk that the Company may become subject to future litigation; the Company's ability to remediate material weaknesses in its internal control over financial reporting; risks inherent in estimates or judgments relating to the Company's critical accounting policies, or any of the Company's estimates or projections, which may prove to be inaccurate; unanticipated factors in addition to the foregoing that may impact the Company's financial and business projections and guidance and may cause the Company's actual results and outcomes to materially differ from its estimates, projections and guidance; and those risks and uncertainties identified in the "Risk Factors" sections of the Company's Annual Report on Form 10-K for the year ended June 30, 2023, and its other subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements contained in this press release speak only as of the date on which they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made. Flux, Flux Power, and associated logos are trademarks of Flux Power Holdings, Inc. All other third-party brands, products, trademarks, or registered marks are the property of and used to identify the products or services of their respective owners. Follow us at: Blog: Flux Power Blog News Flux Power News Twitter: @FLUXpwr LinkedIn: Flux Power View source version on businesswire.com: https://www.businesswire.com/news/home/20241125289701/en/ © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.FORT SMITH, Ark., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Rally House, a national sports apparel and merchandise retailer, officially opened their doors to their newest Arkansas storefront location on Friday, November 22 nd , with Rally House Fort Smith Pavilions. Rally House Fort Smith Pavilions is the company's fourth new storefront to open in Arkansas this year, bringing their total store count in the state up to seven locations. Find Rally House in the Fort Smith Pavilions shopping center, between Michael's and Best Buy. Rally House Fort Smith Pavilions helps fill the need of a premier, high-quality sports merchandise retailer in the Fort Smith area. This brick-and-mortar location will be home to a vast assortment of Arkansas Razorbacks merchandise but will also carry great products for other celebrated teams in the area including the Dallas Cowboys, Kansas City Chiefs, Texas Rangers, Arkansas State, and Central Arkansas, among others. The product selection Rally House Fort Smith Pavilions provides will be everchanging as the company is constantly restocking their shelves with the most popular gear and newest styles. "We are so excited to be open in Fort Smith and ready to help customers cross everyone off on their list for this holiday season," says VP of Marketing Strategy, Aaron Johnson. "Rally House Fort Smith Pavilions is a great spot for us to open in, they have some of the most passionate fans in all of sports there and will be a convenient location for traveling fans to stop in on their way to Fayetteville from southern and western Arkansas," added Johnson. Rally House Fort Smith Pavilions provides residents and visitors of the area a unique shopping experience with a wide selection of team products to browse in-store. Pairing alongside their officially licensed team merchandise, Rally House also carries locally inspired products and gifts celebrating area businesses, landmarks, and destinations. There is truly something for every fan at Rally House Fort Smith Pavilions. The staff at Rally House Fort Smith Pavilions is eager to assist customers and the company looks forward to further expanding their presence in the state of Arkansas. Customers are invited to visit Rally House Fort Smith Pavilions store page and follow the company on Instagram ( @rally_house ) and Facebook ( @RallyHouse ) for updates and current store information. About Rally House Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 275+ locations across 23 states. CONTACT: Aaron Johnson, VP of Marketing Strategy media@rallyhouse.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
LONDON -- At 4-0 down after just 36 minutes, there was a danger that Julen Lopetegui was going to be the only person connected to West Ham left in the stands. The Hammers boss, serving a one-match touchline ban after picking up three yellow cards this season, watched on from a high vantage point as fans streamed out of London Stadium all around him before half-time, shaking their heads in disbelief at the havoc wreaked below. And yet, four minutes later, out of nowhere, West Ham had scored twice. Hope was revived. Just when the Hammers were getting themselves in a position from which to mount a second-half comeback, goalkeeper punched to concede a penalty that converted to send the Gunners in 5-2 up at the break. It was, quite simply, absolute madness -- a glorious advert for the brilliantly chaotic, implausibly unpredictable product, which ranks as one of the United Kingdom's most successful global exports in any field. In the end, the seven first-half goals tied a league record with three other games, the last of which came between Reading and in December 2012. Judging by the relative lack of empty seats -- most of those beleaguered West Ham fans returned anyway -- it was amusing that just when it seemed like more of the same would follow after the break, the second was goalless and uncompetitive. It felt like the proverbial early night in bed after the happy-hour hedonism. So, with about 15 minutes left, they started to leave again. It is, as ever, the hope that kills you as a sports fan and West Ham's had long been extinguished. Meaningful conclusions from games like this are ill-advised, but it should nevertheless be noted that after Arsenal needed a set-piece to break the deadlock, some of their football was a combination of divine and deadly. Gabriel Magalhães' 10th-minute header was the final act of a set-piece routine that will earn Arsenal fresh praise even given their well-documented strength in those situations. Running from far post to near, the Gunners were a blur of movement, in which perhaps the most cunning act was 's gentle nudge on to ensure Saka's delivery found Gabriel unmarked. If dark arts helped break the deadlock, Arsenal then well and truly stepped into the light. had a 17th-minute effort correctly ruled out for offside but West Ham were then overrun, Martin Ødegaard and Saka combining superbly to lay on a simple finish for . Saka then jinked into the box, and Paqueta could do nothing other than bring him down. Ødegaard converted. Trossard then released who finished low past Fabianski to cue the first mini-exodus. West Ham were the heavyweight knowing they were losing on points and therefore reduced to hopeful haymakers; inexplicably, they started landing. was given too much space in the Arsenal defensive third, though his pass was superbly executed through for to slot home. Wan-Bissaka had scored twice in 182 Premier League appearances, but now has two in six days. Because why not? Perhaps even more improbably, conceded a dubious free kick awarded for a challenge on Paqueta, and Emerson Palmieri curled a stunning 25-yard free kick in off the crossbar. It was the left-back's second goal in 20 months. Just as the visitors' sudden loss of composure sparked memories of Arsenal's 4-4 draw at Newcastle in February 2011 -- the only time a Premier League team has failed to win a game in which they led by four first-half goals -- Fabianski mistakenly floored Gabriel trying to meet a corner and Saka slotted home the penalty to conclude the scoring. Mercifully for them, the three-goal cushion proved sufficient. Arteta took pleasure in the restoration of the flow in Arsenal's game, triggered most significantly by Ødegaard's return to the starting lineup; it is no coincidence the Norway playmaker's reintegration has come in a week when the Gunners scored 13 goals including five in the Champions League for the first time since 2008. There was one note of caution after that game, which proved prophetic here too. "Before and after half-time you need to get through those 10-15 minutes in a different way," Arteta said after Tuesday's 5-1 win in Lisbon. "We gave so many balls away, and that doesn't allow you results." There was a similar sloppy spell here and there might come a time when that becomes the talking point. But not today, not after a 45-minute spell that ranks among the most tumultuous in recent memory.
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