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TECH LABOR SHORTAGE
Why Google is investing millions in electricians, welders and pipefitters in the age of AIGoogle is investing $50 million through Google.org to train over 300,000 American workers for skilled trades like electrical work and weldi...
S&P 500 could end 9-week winning streak, Dow and Nasdaq fall - here are reasons why US stock market is down today June 5S&P 500, Dow and Nasdaq down today: Wall Street ended the week in the red as a robust US jobs report fueled fears of prolonged high interes...
PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
US stocks today: US stocks slips as oil jumps on renewed Mideast concernsWall Street slipped as oil prices jumped after Iran signaled a tougher nuclear stance, raising fears of prolonged supply disruption. Rising...
The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
Samsung, labour union meet again as Seoul threatens to intervene to block strikeSamsung Electronics and its labor union are in crucial government-led talks. The aim is to resolve a dispute over pay and bonuses. A strike...
Over $150,000 income, safety from layoffs: This one profession could be one of the safest jobs as AI anxiety risesAs layoffs continue across major tech companies investing heavily in AI, one profession is seeing the exact opposite trend. Elevator mechan...
The US is tightening H-1B visas. Its economy may pay the priceA wave of legislative proposals in Washington targets the H-1B visa program and the broader immigration pipeline for skilled workers. Bills...
Trump wants to make H-1B workers more expensive for US employersA Trump administration proposal would significantly increase H-1B visa minimum salaries, requiring entry-level software engineers in San Fr...
In the PR battle for AI data centers, tech giants got a blue-collar allyAmerican construction unions are now key players in building the nation's artificial intelligence infrastructure. They are partnering with ...
Samsung focuses on HBM as AI demand drives record quarterly profitSamsung Electronics, on Thursday, announced its strategy to prioritize high-value memory products, specifically high-bandwidth memory (HBM)...
U.S. accounting firms tap India to alleviate talent crunchU.S. accounting firms are increasingly turning to India to address a critical shortage of accountants at home. This surge in recruitment is...
Musk and Ramaswamy Spark Fierce Debate Over Skilled Immigration, Clash with MAGA Base on U.S. Labor and Tech Industry NeedsVivek Ramaswamy and Elon Musk have sparked a fierce national conversation over the future of skilled immigration in the United States.
Australia introduces new Skills in Demand Visa. What Indians need to knowAustralia's new Skills in Demand visa replaces the Temporary Skills Shortage visa from December 7. The SID visa has three streams. A new co...
Germany increases visa quota for skilled Indian professionals to 90,000 annuallyGermany will increase annual visas for skilled Indian professionals from 20,000 to 90,000. This aims to enhance economic and professional t...
Still hiring: Big Tech layoffs give other sectors in the US an openingFederal, state and local government tech job postings in the US soared 48% in the first three months of 2023 compared to the same period la...
Tech firms continue to exploit H-1B visa programme amid layoffs: StudyThe top 30 H-1B visa employers in the US hired 34,000 new workers in 2022, despite laying off around 85,000 employees in 2022 and early 202...
Australia plans to increase migrant intake amid skill crisisAccording to the Australian Bureau of Statistics (ABS), there are 480,100 job vacancies in Australia in May, an increase of more than 100 p...
Microsoft president Brad Smith sees 'new era' of stagnating labor poolThe trend of around 5 million people expanding the US working age population every five years since 1950 has shifted, starting in the perio...
Wall St closes lower as inflation jitters spark broad sell-offThat worker shortage, along with a supply drought in the face of booming demand could contribute to what is seen as inevitable prices spike...