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AI Can Replace 12% Of US Workers Today, Warns MIT Study
A new MIT study finds AI can replace nearly 12 per cent of US jobs, impacting sectors like technology, finance, and healthcare.
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Japan's Unemployment Rate Edges Up To Highest In Over A Year
Japan's jobless rate rose to its highest in over a year, signaling a slight loosening of the labor market as speculation swirls over a Bank of Japan rate hike in the near term.
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US Added Just 22,000 Jobs Last Month Amid Donald Trump's Uncertain Economic Policies
US employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump's economic policies.
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Trump Fires Official Overseeing Jobs Data After Dismal Employment Report
President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
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1 Million Illegal Immigrants 'Self-Deport' Under Trump, Wages Rise: Report
The Trump administration has implemented a two-track plan to reduce the unauthorized population in the US.
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Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
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"Labor Market Impact Is Small": Zoho's Sridhar Vembu On AI Taking Over Jobs
Zoho founder Sridhar Vembu noted that while vendors are promising major savings by cutting jobs through AI, "at least so far," the labour market impact has been "small".
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She Was Fired. Then Her Viral Video Got Her Hundreds Of Interview Calls
Marta Puerto was just one of thousands of job seekers struggling to stand out in a cooling labor market - and losing hope. Her fortunes reversed with a 1 minute, 42-second-long video posted to LinkedIn.
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The Hottest Property In The Job Market Right Now Is...
It's not just truck drivers and nurses. The most acute labor shortage for many companies right now is the chief financial officer.
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What To Do If You Lose Your Job: Tips For The Recently Laid Off
Layoffs has been notably absent in the past two years as pandemic stimulus measures funnelled cash into the economy and firms struggled to hire, leading to the tightest labor market in decades.
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US Weekly Jobless Claims Ease, Layoffs Jump 54% In July
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in mid-July, suggesting the labor market was stalling as the country battles a resurgence in new COVID-19 cases that is threatening a budding economic recovery.
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Donald Trump's Immigration Crackdown Harms Economy, US CEOs Warn
Vague and unpredictable Trump administration immigration policies threaten the US economy amid a tightening labor market, CEOs from major American companies warned Thursday.
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US Jobless Claims Hit 45-Year Low As Labor Market Tightens
New claims for US unemployment benefits fell to their lowest level in nearly 45 years last week, a fresh sign of the increasingly tight American labor market, according to weekly data released Thursday.
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Fed's Janet Yellen Says Gradual Hikes Should Continue, Despite Weak Inflation
It is possible, Janet Yellen said, that the Fed may have "misspecified" its models for inflation, and "misjudged" key facts like the underlying strength of the labor market and whether inflation expectations are as stable as they seem.
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Why Everyone Hates Uber's New Logo
Uber's new logo is not the fruit of a commissioned marketing agency's labors, but rather the brainchild of the company's internal design team.
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AI Can Replace 12% Of US Workers Today, Warns MIT Study
A new MIT study finds AI can replace nearly 12 per cent of US jobs, impacting sectors like technology, finance, and healthcare.
-
Japan's Unemployment Rate Edges Up To Highest In Over A Year
Japan's jobless rate rose to its highest in over a year, signaling a slight loosening of the labor market as speculation swirls over a Bank of Japan rate hike in the near term.
-
US Added Just 22,000 Jobs Last Month Amid Donald Trump's Uncertain Economic Policies
US employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trump's economic policies.
-
Trump Fires Official Overseeing Jobs Data After Dismal Employment Report
President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
-
1 Million Illegal Immigrants 'Self-Deport' Under Trump, Wages Rise: Report
The Trump administration has implemented a two-track plan to reduce the unauthorized population in the US.
-
Microsoft Cuts Hundreds More Jobs After Firing 6,000 Last Month
Microsoft cut hundreds more jobs just weeks after its largest layoff in years. The AI boom has roiled the tech labor market because companies are prioritising AI-focused jobs and harnessing the technology to save money.
-
"Labor Market Impact Is Small": Zoho's Sridhar Vembu On AI Taking Over Jobs
Zoho founder Sridhar Vembu noted that while vendors are promising major savings by cutting jobs through AI, "at least so far," the labour market impact has been "small".
-
She Was Fired. Then Her Viral Video Got Her Hundreds Of Interview Calls
Marta Puerto was just one of thousands of job seekers struggling to stand out in a cooling labor market - and losing hope. Her fortunes reversed with a 1 minute, 42-second-long video posted to LinkedIn.
-
The Hottest Property In The Job Market Right Now Is...
It's not just truck drivers and nurses. The most acute labor shortage for many companies right now is the chief financial officer.
-
What To Do If You Lose Your Job: Tips For The Recently Laid Off
Layoffs has been notably absent in the past two years as pandemic stimulus measures funnelled cash into the economy and firms struggled to hire, leading to the tightest labor market in decades.
-
US Weekly Jobless Claims Ease, Layoffs Jump 54% In July
The number of Americans seeking jobless benefits fell last week, but a staggering 31.3 million people were receiving unemployment checks in mid-July, suggesting the labor market was stalling as the country battles a resurgence in new COVID-19 cases that is threatening a budding economic recovery.
-
Donald Trump's Immigration Crackdown Harms Economy, US CEOs Warn
Vague and unpredictable Trump administration immigration policies threaten the US economy amid a tightening labor market, CEOs from major American companies warned Thursday.
-
US Jobless Claims Hit 45-Year Low As Labor Market Tightens
New claims for US unemployment benefits fell to their lowest level in nearly 45 years last week, a fresh sign of the increasingly tight American labor market, according to weekly data released Thursday.
-
Fed's Janet Yellen Says Gradual Hikes Should Continue, Despite Weak Inflation
It is possible, Janet Yellen said, that the Fed may have "misspecified" its models for inflation, and "misjudged" key facts like the underlying strength of the labor market and whether inflation expectations are as stable as they seem.
-
Why Everyone Hates Uber's New Logo
Uber's new logo is not the fruit of a commissioned marketing agency's labors, but rather the brainchild of the company's internal design team.
