America's job market is cooling, and the youngest workers are feeling it most
https://finance.yahoo.com/news/americas-job-market-is-cooling-and-the-youngest-workers-are-feeling-it-most-120003303.html/
Sluggish hiring doesn't get quite as much attention as a layoff, but it has a very broad-based impact," Daniel Zhao, Glassdoor chief economist, told Yahoo Finance on Wednesday. "It means folks can't get onto the career ladder in the first place, and it also means that workers who are employed can’t make progress up the career ladder."
Concerns about artificial intelligence replacing entry-level jobs are also playing a role.
That risk was underscored by a recent New York Fed survey, which found that 12% of service firms already using AI reported hiring fewer workers in the past six months, while nearly a quarter of firms planning to adopt AI expect to scale back hiring in the months ahead.
Thanks to the AI data center boom, it’s a good time to be an electrician
https://finance.yahoo.com/news/thanks-to-the-ai-data-center-boom-its-a-good-time-to-be-an-electrician-133026522.html
The US needs more electricians to service data centers. Unions say the workers can make a great living.
https://finance.yahoo.com/news/americas-job-market-is-cooling-and-the-youngest-workers-are-feeling-it-most-120003303.html/
Sluggish hiring doesn't get quite as much attention as a layoff, but it has a very broad-based impact," Daniel Zhao, Glassdoor chief economist, told Yahoo Finance on Wednesday. "It means folks can't get onto the career ladder in the first place, and it also means that workers who are employed can’t make progress up the career ladder."
Concerns about artificial intelligence replacing entry-level jobs are also playing a role.
That risk was underscored by a recent New York Fed survey, which found that 12% of service firms already using AI reported hiring fewer workers in the past six months, while nearly a quarter of firms planning to adopt AI expect to scale back hiring in the months ahead.
Thanks to the AI data center boom, it’s a good time to be an electrician
https://finance.yahoo.com/news/thanks-to-the-ai-data-center-boom-its-a-good-time-to-be-an-electrician-133026522.html
The US needs more electricians to service data centers. Unions say the workers can make a great living.
Example from UK:
Gen Z ‘don’t know what a day’s work is’, says sausage maker
While food producers are desperate to recruit new employees, traditional white collar graduate jobs are becoming harder to come by – as employers look to automate functions with AI and cut back on hiring as tax rises drive up the cost of labor.