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AI JOBS AND UNEMPLOYMENT
Princeton PhD whose research was linked to Nobel Prize in Physics applies for 2,300 jobs, still struggles to find workA Princeton PhD graduate whose ice-formation research was cited in connection with the 2024 Nobel Prize in Physics, has applied for more th...- The fake commute: How China's unemployed save faceUnemployed individuals in China are pretending to be employed to avoid family concerns about their jobless situation. Many are sharing tips...
- Gold slips as investors weigh Fed rate outlookGold slipped in early Asian trade on Tuesday as investors awaited the US Federal Reserve policy decision next week for signals on interest ...
- AI researchers are smoking to demonstrate their belief that it will beat cancer: Palantir CTO Shyam SankarShyam Sankar, CTO of Palantir Technologies, highlighted AI researchers' intense commitments, likening it to social delusion. He pointed out...
- IIM Lucknow completes summer placements with 600+ offers, average stipend up 3%IIM Lucknow completed the summer placements for its 2026-28 PGP and PGP-ABM batches with total success. The average monthly stipend for int...
- AI crowds out fresh grads at Wall Street tech hubs in IndiaThe landscape of entry-level employment for Indian graduates is shifting dramatically due to advancements in AI. As machines tackle more mu...
- US Fed minutes signal another rate hike by year-end as inflation stays highAccording to the latest minutes from the US Federal Reserve, officials hint at a possible interest rate rise by year's end in response to o...
- Stable institutions, steady pursuit of reforms will steer India to 2047 goal: Jean-Claude TrichetIndia's journey to becoming a developed nation by 2047 hinges on institutional stability and sustained economic reforms. Former European Ce...
- How startups are making AI useful for India’s aspirant generationArtificial intelligence is now being used in learning, competitive interview preparation, and training millions of Indians irrespective of ...
- China revamps higher education with three-tier university system amid jobs slowdown, ageing populationChina is initiating a significant overhaul of its higher education system to align with national and strategic goals. The new guidelines in...
- US Market: Fed’s Hammack says jobs data gives time to assess rate pathFederal Reserve officials have signalled they have time to assess incoming economic data before making further changes to interest rates. C...
- US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in SeptemberThe U.S. job market saw a sharp decline, with only 29,000 new positions added last month, pushing the unemployment rate up slightly to 4.2%...
- Why is US unemployment rate rising? September's jobs report indicates 'below expectations' hiring slowdownIn September, the US unemployment rate increased to 4.2% as employers added only 29,000 jobs, which is below expectations. Hiring slowed fr...
- US stocks: US markets dip as surging Treasury yields overshadow software gainsWall Street encountered a downturn as escalating Treasury yields affected investor confidence in high-priced stocks. Despite solid performa...
- Ruchir Sharma’s India scorecard: How it fares on his 10-rule benchmarkRuchir Sharma says India remains a middling investment story rather than a clear outperformer, with strengths in demographics, inflation an...
- US Market: Wall Street rally faces fresh test as jobs, inflation data loomUS stocks face a crucial week as September employment and PCE inflation data could influence Federal Reserve rate expectations. Despite ele...
- Wall Street Week Ahead: Jobs report, inflation data to test US rate path, economic strengthUpcoming reports on employment and inflation are poised to influence expectations around interest rate hikes, subsequently impacting the US...
- Visa squeeze in the West sends Indians packing for homeWestern visa rules are tightening, impacting skilled Indian professionals seeking overseas employment. Rising sponsorship costs and stricte...
- Anthropic sees AI driving GDP growth, but warns of job losses, wage pressureArtificial intelligence could significantly accelerate economic growth by 2030, but faster AI adoption may also put pressure on employment ...
- AI may not take your job, but it could remove the first rung of your career ladderAI may not be causing mass unemployment yet, but it could be removing the entry-level jobs through which young workers traditionally build ...
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