‘Jobless profit boom’ has cemented a permanent payroll loss as AI displaces labor at faster rate
Booming corporate earnings and a slumping labor market have been telling very different stories lately, and AI is the likely ...
Thursday, May 7, 2026
Tag: Labor
Geoffrey Hinton says tech giants can’t profit from AI investments unless human labor is replaced
Computer scientist and Nobel laureate Geoffrey Hinton doubled down on his warnings about how artificial intelligence will affect the labor market ...
CPI inflation report will be released by Labor Department, while other data is delayed by shutdown
A large US flag is seen on the facade of the Department of Labor headquarters building in Washington DC, United ...
Understanding Theory: Labor Market Edition
Recently, the Trump Administration announced that H-1B applications would face a new $100,000 fee (in addition to the already existing ...
Abolish the Bureau of Labor Statistics
President Trump caused a considerable stir in Washington when he fired Commissioner of Labor Statistics Erika McEntarfer back on August ...
Labor Dept. won’t release jobs report, other data in case of shutdown
The US Capitol is seen in the background as signage for US Department of Labor is seen in Washington, DC ...
Ford CEO Jim Farley: Blue-collar labor shortages are hampering AI data center expansion, reshoring plans
The United States can’t actualize its moonshot AI goals if it’s lacking key workers to bolster the infrastructure to build ...
Jobless claims fall to 218,000, easing labor fears
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and ...
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's ...
The Reliance On Labor Arbitrage Might Be Coming To End
The “Halting International Relocation of Employment” HIRE Act, if passed, will have dramatic implications on organizations’ outsourcing strategies and vendor ...
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