Core Insights - The article discusses the challenges faced by international students in securing employment after graduation, highlighting a growing trend of underemployment among highly educated individuals [3][12][14] - It introduces the Qianlu Scholar Program, initiated by Guo Yue, aimed at guiding young talents to identify their career paths and align their skills with market needs [4][20][21] Group 1: Employment Challenges - International students are experiencing difficulties in finding suitable jobs due to tightening work visa policies abroad and a competitive job market in their home countries [3][12] - The phenomenon of "over-education" is identified, where students from top international universities face a mismatch between their qualifications and available job opportunities [14][15] - Factors contributing to this issue include cultural shock upon returning home, lack of local industry knowledge, and discrimination against foreign graduates in the job market [17][18] Group 2: Qianlu Scholar Program - The Qianlu Scholar Program aims to help students discover their "IKIGAI," a Japanese concept that represents the intersection of what one loves, is good at, what the world needs, and what can provide income [4][5] - The program offers two main services: Bootcamp practical training and one-on-one customized career planning, designed to address the specific needs of international students [21][25] - Bootcamp involves short-term projects where students work on real business problems under the guidance of experienced consultants, providing them with practical industry insights [22][24] Group 3: Career Development Approach - The one-on-one coaching service spans several years, focusing on career exploration, skill development, and job application strategies tailored to each student's stage [27][28] - The program emphasizes the importance of the first job, as it significantly impacts long-term career trajectories [20] - Guo Yue's extensive experience in human resources and her understanding of the challenges faced by young graduates position her as a valuable mentor for students [33]

Group 1 - Federal Reserve Chairman Jerome Powell indicated a need to reassess the 2020 monetary policy framework, particularly regarding "employment shortfalls" and "average inflation targeting" [1] - The current economic environment has shifted from a "three lows" scenario (low inflation, low unemployment, low growth) to a "three highs" scenario (high inflation, high growth, high interest rates), necessitating a reevaluation of the average inflation targeting approach [2][3] - Analysts suggest that maintaining the previous inflation narrative could lead to policy lag risks, potentially causing the Fed to miss critical opportunities to counter economic downturns [2] Group 2 - The structure of the employment market has fundamentally changed, with a need for the Fed to adjust its employment targets to prevent exacerbating inflation risks in a high-inflation environment [3] - Recent comments from Fed officials indicate a focus on inflation risks rather than employment concerns, suggesting a wait-and-see approach until clearer inflation data emerges [4] - Wall Street investment banks expect that price increases driven by tariff policies will become more apparent in the next 2-3 months, leading to a delay in the Fed's rate cuts [5]

Market Overview - US stock indices showed mixed performance with the Dow Jones up 0.65%, Nasdaq down 0.18%, and S&P 500 up 0.41% [1] - The VIX index decreased by 4.24% to 17.83, indicating reduced market volatility [1] - The US dollar index fell by 0.23% to 100.83, while the yield on the 10-year Treasury bond dropped by 2.399% to 4.435% [1] - Spot gold increased by 1.96% to $3239.58 per ounce, while Brent crude oil fell by 1.87% to $64.58 [1] Industry & Stocks - In the industry sector, all S&P 500 sectors except semiconductors, which fell by 0.64%, recorded gains, with utilities and consumer staples leading at 2.13% and 2.05% respectively [3] - Chinese concept stocks mostly declined, with KWEB down 2.64% and Alibaba down 7.87%, reporting Q4 revenue growth of only 7% year-on-year [3] - Major tech stocks saw mixed results, with Microsoft up 0.23% and Nvidia down 0.38%. Berkshire Hathaway significantly increased its Alibaba holdings by 21 times while reducing its Nvidia stake [4][10] Focus on Companies - UnitedHealth Group's stock dropped by 10.93% amid an investigation by the US Department of Justice into its billing practices, which the company claims it was unaware of [5][6] - Walmart reported Q1 revenue of $165.6 billion, slightly below expectations, but adjusted EPS exceeded forecasts at $0.61. The company anticipates a 3.5% to 4.5% increase in net sales for Q2 [8] - Berkshire Hathaway's Q1 report revealed significant sell-offs in bank stocks, maintaining its position in Apple, while increasing stakes in other sectors like beverages and oil [9] Trade and Tariff Developments - Japan is seeking to hold a third round of trade negotiations with the US next week, while the EU and US are accelerating trade talks, aiming for greater tariff reductions than those with the UK [7] - Following recent tariff adjustments, container shipping rates from China to the US have surged, with bookings increasing by nearly 300% [12][13]

Group 1 - The Federal Reserve is reassessing the terminology of "labor market slack" to avoid interpreting low unemployment as a signal of inflation risk [2] - The Fed is adjusting its "average inflation target" framework to adapt to broader economic changes, indicating a willingness to accept higher inflation for stronger employment growth [2] - Powell anticipates that the Personal Consumption Expenditures (PCE) price inflation will decrease to 2.2% in April, but tariffs may still drive prices up [3] Group 2 - The Fed is modifying its overall policy framework to address structural changes in inflation and interest rate outlook post-pandemic, with a focus on the increased instability of inflation due to rising real interest rates [4] - The evaluation of the new policy framework is expected to be completed and announced in August or September, while current interest rate decision-making will remain unchanged in the short term [4] - Powell warns that increasing supply shocks will pose significant challenges for the economy and the central bank [4]

Core Viewpoint - Federal Reserve Chairman Powell suggests a reconsideration of the terminology surrounding "employment shortfall" to avoid interpreting low unemployment rates as a signal of inflation risk [1] Group 1 - Powell indicates that the Federal Reserve is open to revising its approach to the average inflation target, ensuring that the new consensus statement is robust across various economic conditions and developments [1] - The remarks imply a potential significant modification to a strategy initially viewed as a major shift for the Federal Reserve, which was willing to accept higher inflation to strengthen the labor market after a period of weakness [1]

Core Viewpoint - Federal Reserve Chairman Powell indicated that officials agree on the need to reconsider the strategic language surrounding labor market slack and average inflation rates [1] Group 1 - The Federal Reserve is reassessing its approach to employment and inflation metrics, suggesting a potential shift in monetary policy strategy [1]