A “Now Hiring” sign is seen at a FedEx location on Broadway on June 07, 2024 in New York City. Michael M. Santiago | Getty Images Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm ADP reported Wednesday. Companies added just 122,000 jobs on … Read more
Satya Nadella, CEO of Microsoft. Bernd Von Jutrczenka | picture alliance | Getty Images Microsoft on Tuesday said it will pay a one-time performance-based cash award of up to 25% of annual bonus to rank-and-file employees. Salaried and hourly workers at the senior director level and below will be eligible for the award, Kathleen Hogan, … Read more
High capacity electrical transmission lines in rural Nebraska, USA. Ryan McGinnis | Moment | Getty Images The demand for electricity to power homes, factories, office buildings, data centers, EVs, utilities and other parts of daily life keeps growing, while the supply of electricians needed to connect and control electricity keeps going down. That labor market … Read more
Photo Of Robot Examining Invoice With Magnifying Glass. Andreypopov | Istock | Getty Images Artificial intelligence-powered agents will be able to work together and solve tasks in a so-called “multi-agent AI” system by 2025, according to technology services giant Capgemini. Such a system would entail a collection of agents that work together to solve tasks … Read more
U.S. Vice President Kamala Harris campaigns at Westover High School in Fayetteville, North Carolina, U.S., July 18, 2024. Kevin Mohatt | Reuters Vice President Kamala Harris touted the nation’s domestic manufacturing resurgence under President Joe Biden on Thursday at a campaign stop in North Carolina, where the intense media interest reflected her status as the … Read more
A server scooping ice cream at the Freddo Gelato Shop in Miami Beach, Florida. Jeff Greenberg | Universal Images Group | Getty Images Teen summer jobs are back. Last month, more than 5.7 million 16- to 19-year-olds participated in the labor market, Bureau of Labor Statistics data shows, marking the highest teen employment rate in … Read more
Chinese President Xi Jinping and former U.S. President Donald Trump in Beijing, China, in 2017. Artyom Ivanov | TASS | Getty Images BEIJING — If Donald Trump wins the U.S. presidential election, his plans for 60% tariffs on Chinese goods could be a “major downside growth risk” to China, according to Goldman Sachs. Chances of … Read more
When Jenny Flora Wells graduated from Ohio State University in 2021 with her master’s degree in social work, she applied for 400 jobs. From that crop, she landed three interviews. “I was told an MSW was a golden ticket and that I would be sure to find a job. I did everything by the book, had … Read more
How big of a deal is artificial intelligence? Russell Wald, deputy director of the Stanford Institute for Human-Centered Artificial Intelligence, likens it to the printing press. “This technology is a general purpose technology that’s going to affect everyone and everywhere,” he said. The mere fact Stanford has a whole institute devoted to AI is a … Read more
Britain’s new government is prioritising avoiding job losses in talks with Tata Steel over government backing for a transition to lower-carbon technologies, business minister Jonathan Reynolds said on Sunday. Tata, Britain’s biggest steel producer, started closing one of its carbon-intensive blast furnaces on Thursday while the shutdown of its other one is slated for September, … Read more
