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All articles tagged with #job market

Trump Blames 'Public Relations' for Economic Gripes as Midterms Loom
politics10 days ago

Trump Blames 'Public Relations' for Economic Gripes as Midterms Loom

President Trump is intensifying campaign efforts to convince voters the U.S. economy is strong, despite persistent high prices and slow hiring. He attributes public dissatisfaction to poor messaging rather than economic reality, even as recent data shows wages lagging behind inflation. With midterms approaching, the administration is highlighting GDP growth and construction hiring, but faces a challenging task of countering widespread voter anxiety about financial stability.

via The New York Times|
#economy#inflation#job-market
Over-50s Face a Hiring Wall: 918,000 Britons Struggle to Reenter Workforce
economy21 days ago

Over-50s Face a Hiring Wall: 918,000 Britons Struggle to Reenter Workforce

Job seekers in their 50s and 60s are facing unprecedented barriers in the current labor market, with 918,000 people in the UK aged 50 to state pension age struggling to find work. This figure, the highest since 2020, rises to 2.9 million when including those with health or caregiving responsibilities. Many report extreme rejection rates, such as one man receiving only eight interviews from 598 applications. Challenges include perceived age bias, AI-driven screening that may overlook experienced candidates, and a lack of employer feedback. While some pivot to new roles or upskill in AI, others face emotional tolls and financial strain, highlighting a systemic issue where experience is undervalued.

via Business Insider|
#age-discrimination#ai-recruitment#career-pivot
The 'Too Old to Hire, Too Young to Retire' Trap: How Age 60 Became a Career Dead End
economy-and-labor23 days ago

The 'Too Old to Hire, Too Young to Retire' Trap: How Age 60 Became a Career Dead End

Workers laid off around age 60 face a brutal catch-22: employers view them as too old for long-term roles, while they are often too young to access full Social Security or Medicare benefits. A USA TODAY investigation highlights how this gap leaves many financially vulnerable, forcing some into bankruptcy or drastic career pivots.

via usatoday.com|
#age-discrimination#economy-and-labor#job-market
Laid Off Twice: Uber Employee’s Double Blow in the AI Era
business1 month ago

Laid Off Twice: Uber Employee’s Double Blow in the AI Era

A former Uber employee recounts being laid off first in 2023 and again after returning this year as an evaluations specialist on the GenAI team, detailing the shock of the second layoff, a 21-week severance plus garden leave, ongoing benefits and stock vesting, an active job search in a tough market, and skepticism toward leadership for not safeguarding staff amid AI-driven changes.

via Business Insider|
#business#genai#job-market
The Hiring Shuffle: AI Tools, Ghost Jobs, and Growing Job-Seeker Distrust
business1 month ago

The Hiring Shuffle: AI Tools, Ghost Jobs, and Growing Job-Seeker Distrust

In 2026, fierce competition, AI in recruitment, and opaque processes are making hiring feel broken to job seekers. Workers face low job openings, massive applicant volumes, and automation that speeds through resumes with little human review, while listings dubbed 'ghost jobs' can waste applicants’ time. Experts warn that this shift toward automation without transparency is eroding trust, prompting calls for clearer salary ranges, realistic job descriptions, and more human assessment in the hiring process.

via USA Today|
#ai-in-recruitment#business#ghost-jobs
After Hours AI Interviews Reshape How Companies Hire
technology2 months ago

After Hours AI Interviews Reshape How Companies Hire

AI-driven, automated video interviews are moving into late-night hours as platforms like Ribbon and Greenhouse enable pre-screening outside traditional work times. Ribbon reports about 24% of AI interviews occur between 10 pm and 2 am (up to 35% for some clients), while Greenhouse notes 15–20% of candidates schedule at night. The shift can help constrained workers but has earned skepticism from applicants who worry about how footage is used, lack of transparency, and whether AI rubrics unfairly filter candidates. Many see these AI interviews as a first step rather than a replacement for human interviews, but the process can feel dehumanizing and stressful for job seekers.

via WIRED|
#ai-recruitment#hiring-tech#job-market
Construction wages sprint ahead as broader pay gains stall
economy2 months ago

Construction wages sprint ahead as broader pay gains stall

Construction is driving the strongest wage gains in 2026 as workers switching into the trades see pay jumps around 12.9% and a median starting pay near $59k, far above the typical $43k for other industries. The gap reflects intense demand from large projects (chip plants, AI data centers), retirements thinning the experienced workforce, and a broader slowdown in wage growth elsewhere, signaling an uneven job market where pay fluctuates sharply by industry.

via USA Today|
#construction#economy#job-market
Drones, deals and diplomas: U.S.-Ukraine drone tie-up amid Trump political drama
politics2 months ago

Drones, deals and diplomas: U.S.-Ukraine drone tie-up amid Trump political drama

The U.S. turns to Ukraine for drone technology amid a munitions shortage, with a recent agreement allowing Ukrainian-made weapons to be tested in the United States. President Trump touts a Hamas deal whose terms are uncertain and threatens to withdraw his attorney general nominee as GOP holdouts push back. The newsletter also notes that the job market for new graduates is tightening, with fewer entry-level opportunities and offers.

via NBC News|
#ag-nomination#drones#job-market
AI reshaping Amazon and the wider tech layoff wave
technology3 months ago

AI reshaping Amazon and the wider tech layoff wave

Amazon cut about 16,000 employees in January (after a prior round of roughly 14,000)—the steepest layoffs in its history—as it pivots around AI. Across the tech sector, roughly 140,000 U.S. jobs have been cut this year, with AI repeatedly cited as a driver. Workers describe a tough, noisy job market—some land roles at Apple or startups, others take pay cuts or switch fields—while Amazon says the reductions are to boost speed and efficiency and that it continues hiring in strategic areas and in lower-cost regions like India.

via CNBC|
#ai#amazon#job-market
OpenAI and Anthropic Spark a Silicon Valley AI Talent Gold Rush
technology3 months ago

OpenAI and Anthropic Spark a Silicon Valley AI Talent Gold Rush

OpenAI and Anthropic have become the hottest tech employers in Silicon Valley, drawing ambitious applicants with six-figure pay, ample resources, and IPO upside; they’re expanding rapidly, luring leaders from Google and other giants, and running some of the industry’s toughest interviews, making frontier AI careers highly coveted even as concerns about an AI bubble and automation linger.

via Business Insider|
#anthropic#frontier-ai-labs#job-market
American Wallets Wobble: Fed Data Show Worsening Finances and Job Anxiety
economy4 months ago

American Wallets Wobble: Fed Data Show Worsening Finances and Job Anxiety

New York Fed’s May Survey of Consumer Expectations finds Americans are gloomier about their finances and job prospects, with inflation expectations around 3.5% and rising costs erasing wage gains; the labor market remains slow with modest job gains and rising perceived risk of unemployment, while quit rates edge up as people test the job market.

via CNN|
#consumer-sentiment#economy#federal-reserve
AI-linked layoffs surge in May, per Challenger report
business4 months ago

AI-linked layoffs surge in May, per Challenger report

A Challenger, Gray & Christmas report shows May 2026 saw about 97,000 announced layoffs—the highest for May since 2020—with AI named as the main reason for roughly 40% of cuts so far this year (87,714 over five months). Analysts caution that some companies may scapegoat AI while the broader labor market shows payroll gains (172,000 in May) but weak overall hiring, and note disruption across industries as resources shift.

via CNBC|
#ai#business#challenger-gray-and-christmas
Cybersecurity Surges as AI Expands the Job Market
technology4 months ago

Cybersecurity Surges as AI Expands the Job Market

AI-driven code creation and new security threats are turbocharging demand for cybersecurity leaders and engineers, with search firms seeing roles for breach-response and data-protection experts flood in as models like Anthropic’s Mythos and GPT‑5.4‑Cyber raise vulnerability concerns. Companies are bidding for scarce talent, pay is rising even at midlevels, and workers are retooling around AI tools; even as some tech giants cut jobs elsewhere, cybersecurity hiring accelerates to help firms manage the AI security challenge.

via The New York Times|
#ai#cybersecurity#hiring