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EFFECTS OF AI ON UNEMPLOYMENT
Workers in China worry over being replaced as they adapt to the growing impact of AI on jobsRapid adoption of AI in many fields, from computer programmers to script writing and physical tasks, is pushing people out of their jobs or...
ETMarkets Management Talk | SIS bets on healthcare, BFSI, manufacturing for next leg of security growth: Rituraj SinhaFor SIS, this transition is opening up a fresh growth opportunity across sectors such as healthcare, BFSI, manufacturing, logistics, e-comm...
Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
Fed may talk less and let markets lead. That could spell more volatility for IndiaUS Federal Reserve chief Kevin Warsh’s push to reduce forward guidance and shrink the Fed’s balance sheet could increase global market vola...
Independence Day 2026: 79 years of work, ambition and the making of modern India2026 Independence Day of India: The country's job market transformed from government security to private paychecks and now relies on acquir...
ET Business Growth Summit Noida highlights industrial resilience, jobs and skilling as key growth prioritiesThe ET Business Growth Summit in Noida witnessed strong industry participation, underscoring the growth potential of the region’s industria...
China is rethinking degrees for industry. Should India do the same for its MSMEs?China is realigning its university offerings to better align with the needs of its industries and job market. Meanwhile, India struggles to...
Companies Are Laying Off Workers Because of AI’s Potential—Not Its PerformanceAI has been cited as a cause of layoffs, but is it actually displacing jobs? And if not, what’s going on? Based on a survey of 1,006 global...
It’s cool, calm, collecting: Why data centres won’t cripple consumer availability of water and powerGlobal tech giants are investing billions in Indian data centers for digital sovereignty. These facilities are essential for India's nation...
US Federal Reserve expected to hold rates steady as inflation swirlsThe US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting Tuesday, with markets expecting policymake...
Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
For one small business, AI was key to a quick start and expansionThe rapid emergence and spread of AI has become a defining feature of the U.S. economy, of prime interest to Federal Reserve officials tr...
Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
Dollar steady as focus turns to US payrolls, yen intervention jitters persistMarkets are keenly awaiting crucial U.S. non-farm payrolls data on Thursday, with the dollar holding steady. Meanwhile, the Japanese yen's ...
Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
India’s development ladder after AI: What comes next?India’s future prosperity may increasingly depend on empowering its smaller economic units to become more productive using AI.
US stocks: Nasdaq and S&P 500 slip while Dow hits record high ahead of Fed rate decisionTechnology stocks pressured the Nasdaq and S&P 500 lower on Tuesday, while the Dow Jones Industrial Average achieved its second consecutive...
Anthropic urges US not to block state AI laws without setting federal standardsUS President Donald Trump has urged Congress to enact legislation that would supersede state rules on AI. Anthropic on Wednesday weighed ...
Jerome Powell highlights challenges for Gen Z graduates entering workforceGen Z is confronting a challenging employment market as joblessness rises among recent graduates, especially men, while Black unemployment ...
US headed for a severe recession, says ace investorThe United States may be on the verge of a major recession, according to an ace investor and the implications of the same can be very sharp...