AI will affect 60% of US jobs, IMF warns
Artificial intelligence will affect about 60% of all jobs in the US — and worsen income and wealth inequality, the International Monetary Fund warned. Advanced economies such as the US…
Initial US employment reports overstated by 439,000 jobs in 2023
There’s something wrong with previous U.S. jobs reports. The government quietly erased 439,000 jobs through November 2023, a closer look at the numbers from the Bureau of Labor Statistics shows.…
K-P to send 500,000 skilled workers abroad
PESHAWAR: The Khyber-Pakhtunkhwa caretaker provincial government aims to send 500,000 skilled workers abroad by focusing on technical education. This is being done under the ‘Prosperous Pakhtunkhwa Program’ which involves taking…
Bernie Robbins Jewelers owners retire, give loyal employees control of 60-year-old business
The owners of an East Coast luxury jewelry store chain are passing up the opportunity to sell their family business and instead giving it to longtime employees for free. After…
India Added 5.2 Crore New Formal Jobs In FY20-23: Report
During the past four years, around 31 lakh new subscribers joined the NPS. (Representational) New Delhi: The economy has added around 5.2 crore new formal jobs between FY20 and FY23,…
9 Cops Among 15 Injured As Cement Plant Protest Turns Violent In Meghalaya
Police had to resort to baton-charging and firing tear gas shells to control the protesters. Shillong: At least 15 people, including nine police personnel, were injured when a protest against…
Return to office resulting in these thefts at shocking rates
It’s a big fork you to workers everywhere. As employees have been returning to their offices, eating utensils have been vanishing from workspaces worldwide at shockingly high rates, the Wall…
Employer’s hiring choice endorsed
ISLAMABAD: The Supreme Court has held that overqualified people for a post did not necessarily mean that it required lower credentials. “Recruitments, therefore, are to be made strictly in accordance…
FTC proposes rule that would ban noncompete clauses
The Federal Trade Commission proposed a rule Thursday that would ban US employers from imposing noncompete clauses on workers, a sweeping measure that could make it easier for people to…
Companies offer big raises to keep workers, adding to inflation
Workers who are staying in their jobs are getting their biggest pay raises in decades, putting pressure on inflation, according to a report from the Wall Street Journal. According to…