The history of South Koreans migrating into Malaysia dates back to the 1960s. The trend continued as the two countries maintained good diplomatic relationships over the years. Koreans, like Park, sold all his assets and moved to Kuala Lumpur to start a restaurant as a retirement job. And there’s Mo, who married a Malaysian, and together they impart a holistic education to their children.
Sri Lankans Tamils began to arrive in France in the 1980s when the civil war took more casualties. Asylum-seekers found refuge in France which had friendly immigration policies. Today, France is home to 100,000 Sri Lankan Tamils with half of them based in Paris. Initially dispersed throughout the city, they begin to form networks centred in La Chappelle and within a decade the area became known as Little Jaffna, a vibrant, flourishing Parisian quarter that is now undeniably Tamil.
Now, the second generation of Sri Lankan Tamils are finding a firmer footing in their adopted country. Speaking fluent French and growing up in Paris, couples like Islaine and Ragis specialise in distinctive Tamil folk dance and more recent immigrants like Sugeetharan could be mistaken for French when he is winning national competitions in traditional baking.
In the early 20th century, Kolkata was home to 20,000 Chinese. It was India’s first Chinese community, made up of labourers who had migrated mainly from the Guangdong province. While the early Chinese migrants in Kolkata had to find work in the city's famed tanning and leather industries, newer generations are broadening their horizons.
Ethnic Chinese like Dominic Lee are continuing their family’s legacy with Pou Chong - an iconic company that introduced Chinese sauces to Kolkata. On the other hand, there are entrepreneurs like Monica Liu who is building an F&B empire with her chain of Chinese restaurants.
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
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