The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs.
Read More AI threatens wages, not jobs – so far, ECB paper finds
Tag: economists
US jobs data may be miscounting millions of ‘gig’ workers, research suggests
Millions of “gig” workers may get missed every month in the U.S. government’s employment report.
Read More US jobs data may be miscounting millions of ‘gig’ workers, research suggests
US weekly jobless claims at three-month high; import prices tumble
The number of Americans filing new claims for unemployment benefits increased to a three-month high last week.
Read More US weekly jobless claims at three-month high; import prices tumble
US retail sales dip; producer prices post biggest drop in 3-1/2 years
U.S. retail sales fell for the first time in seven months as motor vehicle purchases and spending on hobbies dropped.
Read More US retail sales dip; producer prices post biggest drop in 3-1/2 years
Economists express concerns over generational housing bubble
Several economist warn of a possible housing market collapse.
Read More Economists express concerns over generational housing bubble
Go Woke, Go Broke
Companies pandering to the woke agenda trigger calls for boycotts from conservatives.
Read More Go Woke, Go Broke