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US LABOR SHORTAGES
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...- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
- 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...
- Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
- 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 Stock Market: Mortgage rates hit 9-month high as inflation worries deepenUS mortgage rates reached a nine-month high of 6.65% last week, driven by elevated oil prices and inflation concerns. This surge, coupled w...
- 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 ...
- 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...
- US weekly jobless claims increase moderately, labor market remains stableInitial jobless claims rose moderately to 211,000 last week, indicating a stable labor market despite rising inflation driven by energy pri...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- Quote of the day by Simone Weil: 'Petroleum is a more likely cause of international conflict than...' – French philosopher and mystic's warning on global conflict, power, energy politics and how oil drives war and the economyQuote of the day by Simone Weil: Simone Weil's observation that petroleum is a more likely cause of international conflict than wheat highl...
- 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...
- US stock market today: Why are Dow Jones, S&P 500, and Nasdaq surging as AMD stock explodes and oil prices crash on Iran peace hopes?US stock market today: Dow Jones jumps 650 points, Nasdaq surges as AMD stock explodes 19%, oil crashes, and AI optimism reshapes Wall Stre...
- Walmart self checkout: Why are Costco, Target removing self checkout?Self checkout means Customers could avoid long lines by scanning and bagging their own items, workers could be freed of doing those monoton...
- 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 ...
- Why Employers Freeze Hiring Before Major Workplace ChangesHiring freezes, often seen as cost-saving, can signal deeper organizational shifts like restructuring, budget cuts, or a change in business...
- Trump's plan to deport millions of illegal immigrants to hurt this sector of the U.S economy very badlyDonald Trump's plan to deport millions of undocumented immigrants could cripple the U.S. construction industry, already facing severe labor...
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