AI Is Making It Nearly Impossible to Find a Well-Paying Job. Is This the World We Want?
What jobs, exactly, is so-called “artificial intelligence” supposed to revolutionize, and for whose benefit? The answers to those…
Unemployment hits 14-year high as Germany waits for Merz’s stimulus – POLITICO
Indeed, the local headlines are being conspicuously dominated by national champions shedding staff. Earlier this week, Lufthansa said…
How Scotland learned to — almost — love Nigel Farage – POLITICO
Reform’s teams in Scotland and the U.K. don’t expect to form the next Scottish government, but their strength…
BOE’s Bailey Says Further to Go on Rate Cuts, Consumer Cautious
Splits on the Bank of England policymaking committee were on full display on Wednesday after Governor Andrew Bailey…
US Inflation Above Target, Fed’s Goolsbee Urges Careful Rate Reductions
Federal Reserve Bank of Chicago President Austan Goolsbee said the US central bank should be cautious toward additional…
What jobs will AI replace, and which are safe?
Artificial intelligence and outsourcing are rapidly reshaping the workforce, forcing employers and employees alike to ask a pressing…
Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown
Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower…
Accounting for City Size, Minimum Wages Reduce Jobs Almost Everywhere
In new research, Priyaranjan Jha, Jyotsana Kala, David Neumark, and Antonio Rodriguez-Lopez find that studies arguing higher minimum…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
Canada Bucks the Fiscal-Fretting Trend to Go for a Bigger Deficit – Bloomberg.com
Canada Bucks the Fiscal-Fretting Trend to Go for a Bigger Deficit Bloomberg.comCarney to Unveil Budget Nov. 4 as ‘Substantial’…
Climate change is burning a €43B hole in Europe’s pocket – POLITICO
“These estimates are likely conservative,” said the authors of the study, Sehrish Usman of the University of Mannheim,…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…