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AI will not lead to mass permanent unemployment
Yahoo Finance· 2026-03-25 16:08
Rapid advances in AI have fueled fears of mass job losses. Enterprises shifting focus from generative to agentic AI, which promises meaningful returns on AI investments, have only intensified this anxiety. In 2025, companies such as Amazon, IBM, and Salesforce announced layoffs citing AI. Q1 2026 picked up where 2025 left off, with firms, including Block, WiseTech Global, and Livespace, also pointing to AI as a factor in job cuts. Although sceptics argue that the technology has been used as a cover for tr ...
David Ellison Says In Letter To Lawmakers He Expects Paramount-WBD Merger To Support Job Creation
Deadline· 2026-03-19 22:33
Paramount CEO David Ellison told California lawmakers his commitment to keep Par and Warner Bros. separate and to produce a combined 30 films a year if they merge will help support sustained job creation across the film and creative industries. In a letter to Sen. Adam Schiff and Rep. Laura Friedman obtained by Deadline, he said a combined company will continue licensing content to its own and third-party platforms while remaining active buyers of content from third-party studios and independent producers. ...
Trump's Tariffs Are Creating Jobs In One Particular Field
Investopedia· 2026-03-11 00:00
Core Insights - Tariffs have led to an increase in job opportunities specifically in legal and compliance firms that manage tariff-related lawsuits and regulatory complexities [1] - Job postings related to "tariff" or "international trade" have risen by 25% on Indeed.com over the past year, indicating a growing demand for specialists in these areas [1] - Despite the intended revival of manufacturing jobs, the economy has lost 19,000 jobs overall and 89,000 manufacturing jobs since the implementation of tariffs [1] Industry Impact - Legal and compliance firms are experiencing growth due to the influx of tariff-related lawsuits, with companies hiring specialists to navigate the complexities of import tax regulations [1] - The Supreme Court's ruling on the legality of many tariffs has led to a surge in lawsuits, benefiting law firms that specialize in international trade [1] - The uncertainty surrounding tariffs has created a demand for compliance experts, as businesses seek to understand and adapt to changing trade policies [1] Employment Trends - As of February, 532 out of every 1 million job postings on Indeed.com included "tariff" or "international trade," reflecting a significant increase from 424 postings the previous year [1] - The rise in tariff-related job listings is seen as an unintended consequence of tariff policies that have generally stifled broader job creation [1] - Many firms are absorbing tariff costs rather than passing them on to consumers, which has limited their ability to hire new employees [1]
X @Bloomberg
Bloomberg· 2026-03-07 04:52
China will harness artificial intelligence to create jobs as the number of university graduates poised to enter the labor market this year will reach 12.7 million https://t.co/nYDynEVh24 ...
Fed Governor Stephen Miran: Labor demand isn't strong enough because monetary policy is too tight
CNBC Television· 2026-03-06 19:15
grays and blonds fight brassiness while bringing in much needed >> WELCOME BACK TO MONEY MOVERS. NONFARM PAYROLLS UNEXPECTEDLY SHRINKING IN FEBRUARY, ACCORDING TO NEW DATA OUT THIS MORNING FROM THE GOVERNMENT. THIS, OF COURSE, HAS THE IRAN WAR CLOUDS THE RATE OUTLOOK FOR THE FED, WHICH IS SET TO VOTE ON THE NEXT RATE DECISION LATER THIS MONTH.WEEK AFTER NEXT. JOINING US HERE AT POST NINE IS FED GOVERNOR STEPHEN MYRON. GOVERNOR MYRON, WELCOME BACK.IT'S GOOD TO HAVE YOU. >> HI. THANKS FOR HAVING ME BACK.>> DO ...
Unemployment Rises 0.1 Percentage Points? Yawn. Wake Me Up When It Changes By 0.3
Investopedia· 2026-03-05 17:08
Core Insights - The upcoming job creation and unemployment rate report is expected to be released on Friday, with small changes in the unemployment rate often being insignificant unless they exceed 0.3 percentage points over three months [1] - Researchers from the Federal Reserve Bank of St. Louis emphasize that the unemployment rate, derived from a survey of 60,000 individuals, is subject to sampling error, making minor fluctuations less meaningful [1] - Sustained changes in the unemployment rate of at least 0.3 percentage points over three months are considered more indicative of genuine labor market trends, rather than individual monthly changes [1] Economic Implications - Statistical significance is crucial for interpreting unemployment rate changes, as small monthly variations may not accurately reflect the economy's health [1] - The report on the job market due on Friday should be approached with caution regarding small changes in the unemployment rate, particularly in comparison to January's rate of 4.3%, which was slightly lower than September's 4.4% [1]
X @Bloomberg
Bloomberg· 2026-02-13 13:52
RT Bloomberg Opinion (@opinion)@JonathanJLevin @AllisonSchrager @JoseTorresEcon “Healthcare and social services basically accounted for all the job creation in the relatively strong number that we got earlier this week,” notes @JonathanJLevinTune in here: https://t.co/qipAqTmbbZ ...
What the US Jobs report means for the Fed
Bloomberg Television· 2026-02-11 16:58
When I say the benchmark revision that goes to last March was almost 900,000 down. There are other revisions from the birth death model that come in the months after that. By December of last year, the downward revision was over a million jobs.Yeah. So now we got the best possible outcome today. We knew these revisions were coming and they're going to talk about what's behind them.But to see the most recent readings, we've got some lift in the payrolls in January is just one month. But we got some lift and ...
X @Bloomberg
Bloomberg· 2026-02-11 05:15
Over the next 10 to 15 years, 1.2 billion new workers will need jobs, and World Bank chief Ajay Banga has a plan to help create them (via @opinion) https://t.co/B8X8kupNbj ...
NJ Gov. Mikie Sherrill taking Trump to court over 'illegal' rail tunnel funding freeze
MSNBC· 2026-02-05 04:30
Remember infrastructure week the week that never happened during the first Trump presidency while it's happening now when Donald Trump's version of infrastructure week is to kill the most important infrastructure project in the United States. Donald Trump is trying to stop the funding for construction for a new tunnel under the Hudson River connecting the state of New York and the state of New Jersey, a project that already secured funding with bipartisan support during the Biden presidency. And now, Now th ...