Thursday, December 1, 2022

The Department of Labor’s Office of Foreign Labor Certification Will Propose Rescission of H-2B Registration Requirements and Will Provide Unique H-2B Temporary Registration Numbers Per District Court’s Order

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December 1, 2022. The Department of Labor's Office of Foreign Labor Certification Will Propose Rescission of H-2B Registration Requirements and Will Provide Unique H-2B Temporary Registration Numbers Per District Court's Order

The Department of Labor (Department) published the current H-2B regulations, Temporary Non-Agricultural Employment of H-2B Aliens in the United States, as an interim final rule with the Department of Homeland Security (DHS) on April 29, 2015. 80 FR 24042. With the interim final rule, the Department created a separate H-2B registration process to determine whether an employer has a temporary need for nonagricultural services or labor, subject to review by DHS as the final arbiter of temporary need. The interim final rule stated the registration process would be implemented through the publication of a notice in the Federal Register. The Department has not implemented the H-2B registration process.

On November 2, 2022, the U.S. District Court for the Central District of California issued an order in Padilla Construction Company, et. al. v. Martin J. Walsh, et. al., No. 2:18-cv-1214 (C.D. Cal. Nov. 2, 2022). Under the order, the Department will propose to rescind H-2B registration requirements contained in 20 CFR 655.11 and 655.12 and propose conforming edits throughout its H-2B regulations at 20 CFR part 655, subpart A to remove references to the H-2B registration process through future notice and comment procedures. In the interim, the Department will use the Notice of Acceptance (NOA), which is issued when an H-2B application meets regulatory requirements and is permitted to commence recruitment of U.S. workers, to inform an H-2B employer of the Department's determination on its temporary need for services or labor. Where an employer is determined to have a temporary need for services or labor, the NOA will provide the employer with a unique temporary need registration number, which may remain active for up to three years and which will be considered as one piece of evidence during the Department's adjudication of the employer's temporary need in future application filings. The Department will use a Notice of Deficiency to inform an H-2B employer when its temporary need for an application filing is in question, to request additional information, and also to inform an employer of deactivation of its temporary need registration number if the number has expired or if it appears that the employer no longer demonstrates a temporary need. For more information, please see the district court's order below.

Important Note: This announcement of the Department's future proposal to rescind H-2B registration requirements will not affect H-2B application filings for the 2023 peak application filing season for the second half visa cap.


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Unemployment Insurance Weekly Claims Report Update

You are subscribed to Unemployment Insurance Weekly Claims Report for the U.S. Department of Labor. This information has recently been updated.

In the week ending November 26, the advance figure for seasonally adjusted initial claims was 225,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 240,000 to 241,000. The 4-week moving average was 228,750, an increase of 1,750 from the previous week's revised average. The previous week's average was revised up by 250 from 226,750 to 227,000.

Read the full news release.


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While the media is busy talking about restrictions and censorship, there's one story that's unfold
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Before you go - must read: "Poor Hygiene May Be an Early Sign of Cognitive Decline"

Dementia can significantly impact people's quality of life. Currently, there's no cure for this disease, so managing its symptoms depends on early diagnosis. Forgetfulness is a well-known warning sign of cognitive decline and can negatively affect your daily routine and lead to poor hygiene.

Keep learning to learn more.

Poor Hygiene and Dementia

Although dementia is most commonly associated with memory loss, forgetfulness is sometimes just a result of old age or increased stress.

Thus, many fail to realize their memory is declining.

When people become more forgetful, they struggle to keep up with their daily routine, including hygiene.

The familiar tasks of getting dressed, grooming, and flossing become challenging. Because dementia targets the language and speech centers of the brain, people can forget how to complete everyday tasks.

These slight changes in daily routine, such as failing to practice good hygiene, could be early signs of dementia.

Why Dementia Affects Daily Habits

Poor judgment is another symptom of cognitive decline, which may appear before memory issues. The decreased ability to make good choices could explain why those with Alzheimer's and similar illnesses find it difficult to perform routine tasks. For example, they might wear light clothes in cold weather or decide they don't need to brush their teeth.

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Symptoms of dementia can appear suddenly and progress rapidly. As soon as you notice unusual behavior, contact a medical professional. They're familiar with activities that help keep the brain healthy and active. Treatment often includes physical exercise and socialization. In addition, experts believe that mental exercise that stimulates the brain helps slow cognitive decline.

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Dealing with dementia is daunting, but healthcare professionals can help patients alleviate the most severe symptoms and maintain their quality of life.

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Tech Company Rises After Massive Order

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures held steady on Thursday. There was a hefty spike late Wednesday following confirmation of a slower US rate-hiking pace from Federal Reserve Chairman Jerome Powell. China is also adopting a softer stance on COVID, with the country's top official Vice Premier Sun Chunlan saying the response is entering a new phase.

With the recent positive news, a Santa Claus rally is in play. If this happens, it's important to know when to get in and out of certain stocks. See how we use this 'Perfect Timing Pattern' in The War Room for wins as high as 121% in just over an hour. It also works during bear markets.

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Here's a look at the top-moving stocks this morning.

Okta, Inc. (Nasdaq: OKTA)

Okta, Inc. is up 15.53% premarket after the company's fourth quarter adjusted earnings guidance blew past expectations. Analysts expected a loss of 11 cents per share, but the American identity company posted guidance of 9 cents to 10 cents. Revenue came in at $481 million, an increase of 37% from a year ago.

 

Sonim Technologies (Nasdaq: SONM)

Sonim Technologies is up 26.05% premarket after announcing a $17 million customer order for its tablet products. Sonim expects to ship the order from the fourth quarter and into 2023, driving revenue growth over the third quarter of 2022. The new device revenue follows $13.9 million in tablets delivered in the third quarter. Overall, these revenue streams are helping Sonim expand into the broader markets.

 

Warning: The Last Value Play Gone After December?

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In this market...

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Salesforce Inc. (NYSE: CRM)

Salesforce is down 6.63% premarket after co-CEO and vice chair Bret Taylor announced he's stepping down as of January 31, 2023. Co-founder Marc Benioff will become the solo CEO. The cloud-based company topped revenue estimates for its third quarter, with $7.84 billion in revenue, yet shares fell after reducing fourth-quarter revenue guidance of $7.9 billion to $8.03 billion.

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PVH Corp. (NYSE: PVH)

PVH is up 9.56% premarket after the maker of Calvin Klein and Tommy Hilfiger offered a more positive full-year forecast. Executives said they expected full-year sales to be 'at the top end of previous guidance range,' for a decrease of around 3% year-over-year. The company also recently extended most of its licensing deals with G-III for Calvin Klein and Tommy Hilfiger wholesale women's apparel in the U.S. and Canada.

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Those are the top market movers today.

Happy trading!

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