Latest news with #SeanO'Neil
Yahoo
05-05-2025
- Business
- Yahoo
Onity Group to Present at Upcoming Investor Conferences
WEST PALM BEACH, Fla., May 05, 2025 (GLOBE NEWSWIRE) -- Onity Group Inc. (NYSE: ONIT) ('Onity' or the 'Company') today announced that executive management will participate in two upcoming conferences in May 2025. Glen Messina, Chair, President and Chief Executive Officer, and Sean O'Neil, Executive Vice President and Chief Financial Officer, will meet with investors at the following conferences: BTIG 5th Annual Housing Ecosystem ConferenceDate: Wednesday, May 7, 2025For more information, please contact USCorporateAccess@ Please note participants must be pre-registered to attend. KBW Real Estate Finance & Technology ConferenceDate: Tuesday, May 20, 2025Virtual conferenceFor more information, please contact kbwevents@ An investor presentation will be made available on the Events & Presentations section of the Company's shareholder relations page at prior to the meetings on May 7 and May 20, 2025. About Onity Group Onity Group Inc. (NYSE: ONIT) is a leading non-bank financial services company providing mortgage servicing and originations solutions through its primary brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the largest servicers in the country, focused on delivering a variety of servicing and lending programs to consumers and business clients. Liberty is one of the nation's largest reverse mortgage lenders dedicated to providing loans that help customers meet their personal and financial needs. We are headquartered in West Palm Beach, Florida, with offices and operations in the United States, the U.S. Virgin Islands, India and the Philippines, and have been serving our customers since 1988. For additional information, please visit For Further Information Contact: Valerie Haertel, VP, Investor Relations(561) 570-2969shareholderrelations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-03-2025
- Business
- Yahoo
Minnesota's population slowing, foreign-born workers fill gap: Report
The Brief A new report says Minnesota's population growth is slowing down significantly. The state is facing labor force shortages, with several factors in play. Meanwhile, "New Americans" account for the majority of recent employment growth in the state. (FOX 9) - A new report from the Minnesota Chamber of Commerce shows a concerning reality for the future of the state's population. Experts say the projections show a significant population growth slowdown, which directly impacts the state's workforce, which is already experiencing a shortage. The backstory In the past 50 years, Minnesota's population grew by 50%, but in the next 50 years, it is projected to grow by just 7%. This means fewer workers in the state. People are a big part of the equation that predicts the state's economic growth and prosperity. According to the "Economic Contributions of New Americans in Minnesota" report, there are a few major factors that are contributing to the workforce shortage. There remains a large group from the Baby Boomer generation that has reached retirement age. Yet, birth rates are not keeping up to replenish the workforce. Plus, post-pandemic workforce issues still exist. Dig deeper According to the report, in the past five years, "New Americans" accounted for roughly 60% of the labor force and employment growth in Minnesota. Sean O'Neill, the Chamber's Director of Economic Development and Research said this impacts businesses directly, and in turn, customers. "We've been coming off of this period, really historic workforce shortages where companies have had to do things like reduce hours or not take on new customers because they just couldn't fill the job openings that they had at their businesses," said Sean O'Neil with the Minnesota Chamber of Commerce. "As much as we've had challenges around the work force so far this decade, it would have been even more severe if we didn't have that in flow of immigration into the state. We really want to focus on helping businesses in the current moment and help them meet the job demands that they have." Artificial Intelligence: Researchers said artificial intelligence (AI) could play into this dynamic, but more analysis needs to be done to draw stronger correlations and conclusions. In the long term, automation may help fill some gaps, but may also create demand for new roles. Experts said the long-term impact is hard to tell at this time. In the short term, experts say the roles "New Americans" are filling are jobs with less exposure to AI impacts currently, such as production, construction, and agriculture. Immigration trends: The Minnesota Chamber of Commerce also mentioned this pool of foreign-born workers grew in the state primarily through legal pathways such as guest worker visas or refugee programs. What you can do Learn more about the report here. The Source Minnesota Chamber of Commerce, U.S. Census, Pew Research
