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Jobs

All articles tagged with #jobs

technology17 days ago•22 min saved

Muse AI Sparks Labor-Shift Debate: Displacement and New Opportunities

Meta's Muse AI is highlighted as a potential accelerant of labor displacement, with executives noting it could speed up tasks inside companies; economists emphasize it's a waiting game—AI could also create new business opportunities and jobs. The piece cites layoffs at Block, Amazon, Dell, Oracle, Coinbase, Cloudflare, Meta, and Uber, while Gartner projects about 30% of AI-laid-off workers could be rehired by 2029 at higher costs, prompting questions about how broadly corporates will deploy Muse and its overall impact on employment.

via Yahoo Finance|

#artificial-intelligence #jobs #labor-displacement

ai22 days ago•30 min saved

Global anxiety over AI's impact on jobs, Pew finds

A Pew Research global survey of 42,151 people across 37 countries (Feb. 8–May 13) finds that in 34 of 37 countries, respondents expect AI to cause more job losses than gains over the next 20 years, with especially high concern in wealthier nations like Australia, South Korea, and the U.S. Older adults are more worried than younger ones, who show mixed feelings and rising anxiety about AI-driven inequality. The data also show a global median of 41% who feel equally concerned and excited about AI in daily life, indicating a nuanced mix of fear and optimism.

via The Verge|

#ai #ai-artificial-intelligence #automation

business22 days ago•27 min saved

Power-grid protection leader SEL expands to Nampa with 250 jobs and $150M investment

Schweitzer Engineering Laboratories, a Pullman-based power-grid protection technology maker, announced a 103,000-square-foot facility in Nampa that will create about 250 manufacturing jobs as part of a total investment exceeding $150 million; the project, which includes the building purchase and equipment, is expected to be operational in 2027 and complements SEL’s Boise expansion.

via Boise Dev|

#business #expansion #jobs

business25 days ago•5 min saved

Paramount’s California Exodus Could Cost the State Billions and Tens of Thousands of Jobs

A leaked LAEDC analysis warns that Paramount’s potential relocation of its California operations amid the Warner Bros. Discovery merger dispute could cost the state up to about 58,000 jobs and $21.2 billion in annual economic output, with tax revenue falling by roughly $585 million to $1.17 billion a year. Even partial reductions in California spending could trigger hundreds of job-years and hundreds of millions in yearly output.

via New York Post|

#antitrust #business #california

business25 days ago•46 min saved

Puget Sound’s 7,000-Job Losses Put Regional Competitiveness Under Scrutiny

Former Gov. Christine Gregoire says the Puget Sound region has shed nearly 7,000 jobs and can no longer assume major employers will choose the area automatically, citing Seattle’s high costs and regulatory burdens as eroding the region’s competitive edge amid competition from employers like Amazon and Starbucks.

via KOMO|

#business #competitiveness #economy

business27 days ago•17 min saved

California at Risk: Leaked Study Details Job, Revenue Loss If Paramount Leaves

A leaked report from the Los Angeles Economic Development Corporation, commissioned by Paramount, estimates California could suffer as many as 58,000 lost full‑time job‑years and up to $21 billion in yearly economic output if Paramount exits California amid the Paramount–Skydance–Warner Bros. Discovery merger lawsuit. The analysis also outlines potential permanent infrastructure losses if Warner Bros. soundstages are repurposed, notes that Paramount has threatened to relocate to Georgia, Tennessee or Texas, and highlights an Oct. 1 deadline with a $7 million‑a‑day “ticking fee” if the merger isn’t closed. A Sept. 24 bond hearing and a March 2027 trial are on the docket, and the studio’s pledge to produce 30 feature films a year for three years could generate 1,020–2,760 California job‑years and $378 million–$1.01 billion in state output during that period.”

via The Hollywood Reporter|

#antitrust #business #california

economy1 month ago•24 min saved

Boom in Job Market Lifts Non‑College Workers While Grads Lag

A Burning Glass Institute analysis finds unemployment for 22–34-year-olds without a college degree at multi‑decade lows, while degree‑holders—especially those with advanced degrees or STEM backgrounds—face a tougher stretch as blue‑collar and service jobs surge. Factors include an aging skilled‑trades workforce, slower immigration, and AI taking on entry‑level tasks. August payrolls rose by 162,000 with restaurants adding 59,000, underscoring growth in non‑college sectors, though the raw numbers mask a shrinking gap between degree and non‑degree workers. Experts warn the trend could be temporary and urge new grads to stay flexible and even consider trades as a hedge against volatility.

via New York Post|

#ai #economy #education

business1 month ago•5 min saved

Riding the AI Wave: 10 High-Paying Roles With Heavy AI Exposure

Based on BLS data classifying many occupations as very highly exposed to AI, the piece highlights 10 high-paying, fast-growing jobs—led by software developers whose employment is projected to grow by about 175,000 to roughly 2 million by 2035—illustrating AI’s broad impact on demand across tech and non-tech fields.

via Business Insider|

#ai #business #employment-projections

technology1 month ago•120 min saved

Four AI Bots Agree on the Jobs AI Will Hit First

Tom’s Guide writer Elton Jones asked four AI chatbots—ChatGPT, Gemini, Claude, and Perplexity—to rank the 10 jobs most likely to be replaced by AI. The exercise shows broad overlap around routine, data‑driven work (data-entry clerks, transcription, telemarketing) and other roles like customer-service reps and interpreters/translators, but each bot also lists different top picks. The takeaway: predictable, rule‑based tasks are most at risk, while jobs requiring dexterity or high-stakes judgment are more resilient. The piece also notes ongoing automation risks and encourages upskilling rather than expecting AI to replace all work.

via Tom's Guide|

#ai #automation #customer-service

politics-and-government1 month ago•22 min saved

Trump’s ‘boom’ rhetoric collides with reality after solid jobs data

President Trump has spent 20 months promising an economic boom, but August’s stronger-than-expected jobs report has fueled frustration as he vented about inflation and rates from the Oval Office. Economists warn that ongoing growth won’t solve mounting deficits and the national debt, and the episode underscores a credibility gap for Trump on the economy ahead of the election.

via Yahoo Finance|

#debt #economy #inflation

economy1 month ago•36 min saved

Healthcare Leads Hiring Boom Through 2035 as AI Spurs Utilities Growth

The Bureau of Labor Statistics forecasts slower overall U.S. growth, but healthcare and social assistance will drive the most new jobs, adding about 2.2 million through 2035 (roughly 37% of all new positions). Utilities are projected to grow the fastest (about 9.8%) due to AI-powered data centers, adding roughly 58,800 jobs. The professional, scientific, and technical services sector also rises (second-most jobs, ~926,700) with strong gains in data-related roles (data scientists up ~34.6%, computer scientists up ~21.8%). Conversely, office/administrative support and some sales roles are expected to shrink. Overall, employment is projected to reach around 176.2 million by 2035.

via Fortune|

#ai #economy #future-of-work

economy1 month ago•29 min saved

Manufacturing Jobs Climb as PMI Signals Broad Expansion

Manufacturing payrolls rose by more than 50,000 since February and demand remains strong, with PMI and ISM indexes signaling continued expansion; the Beige Book notes wage gains tied to skilled labor, but the article cautions that data sources may be noisy or biased, framing the strength within ongoing debates over trade and policy.

via Commonplace | Substack|

#economy #ism #jobs

economy1 month ago•2 min saved

US August Jobs Gain Signals Stable Labor Market Ahead of Fed Decision

US payrolls rose 162,000 in August 2026 and the unemployment rate held at 4.1%, signaling a stable labor market with broad gains and upward revisions to prior months; participation rose, the U-6 rate fell to 7.7%, and AI-related shifts appeared in information sectors ahead of the Fed’s inflation data and rate decision.

via CNBC|

#economy #industry-breakdown #jobs

business1 month ago•22 min saved

Burlington Stores to Move HQ to Philadelphia, Bringing 2,000 Jobs and $370M Investment

Burlington Stores will relocate its corporate headquarters from Burlington, NJ to Philadelphia's Schuylkill Yards in a $370 million move, creating about 2,000 jobs over five years. The project is supported by roughly $30 million in Pennsylvania incentives (a $20 million Redevelopment Assistance Capital Program grant and a $10 million Pennsylvania First grant) plus a $7 million forgivable city loan and a 2% Job Creation Tax Credit, with SEPTA and the Philadelphia Parking Authority offering commuter discounts for new employees.

via WHYY|

#burlington-stores #business #hq-relocation

economy-and-labor1 month ago•29 min saved

August payrolls surge beats forecasts with 162,000 jobs added

The August jobs report shows the US added 162,000 payrolls, far above economists’ 55,000 estimate, with the unemployment rate holding at 4.1%. Gains were led by healthcare, while ADP data showed private payrolls rising less than expected, and the report will inform the Federal Reserve’s near-term rate decision amid stubborn inflation.

via Yahoo Finance|

#economy-and-labor #federal-reserve #inflation