Free Republic

The panicans, thus far, have been proven wrong once again. Despite mass bipartisan fears of an unemployment crisis thanks to the technological advancements made in artificial intelligence, advancements in AI have created about one million American jobs, according to The Economist, readily outpacing the about 200,000 layoffs attributed to AI in the same period. In other words, technological advancements have yet again proven to be a net producer of jobs.🚨 The Economist: AI has already created around 1 MILLION American jobs.From skilled trades to high-tech roles, AI is proving to be a net job creator. pic.twitter.com/wKzAkg35wW— Innovation Council (@innovationcncl) September...

Just as "The Obsolete Man," which aired in 1961, depicted a future society in which technology had rendered certain professions obsolete, a recent survey showed that, as AI reshapes the workplace, most U.S. workers fear becoming obsolete in the future workforce and believe developing new skills is essential to job security.While many workers attributed their fear of obsolescence to a lack of skill with the latest technologies, some hiring and workforce professionals said building interpersonal skills is increasingly critical, especially at a time when many young people are living in a digital world.ETS, a global nonprofit educational testing and measurement...

The US Labor Department has suspended Cognizant Technology Solutions Corp.’s ability to file new applications for permanent labour certification, adding to scrutiny of the Indian IT services company’s use of US employment-visa programmes. The suspension will prevent Cognizant from making fresh PERM filings until the department completes an investigation into alleged fraud involving the company’s H-1B and PERM programmes, the department said. The probe follows complaints from whistleblowers alleging wrongdoing in Cognizant’s use of the immigration programmes. Cognizant did not immediately respond to a request for comment. The department’s inspector general, Anthony D’Esposito, said on X that the agency was...

Too many men have quit the workforce. They simply have decided not to work, not provide for their families, or offer leadership for their sons. The family unit has been collapsing in America for decades now partially because the man in the house decided comfort was more important than duty. They have been spoiled. Soft hands and weak spines. A generation of boys are being raised on screens instead of sweat. They know every video game and almost nothing about a job that leaves dirt under their fingernails. Reality for our nation is coming whether they (we) want it or...

American manufacturing is on the rebound — and that good news could hardly come at a better time for President Donald Trump, as Republicans gird themselves for the midterm elections just two months from now. Manufacturing isn’t the only sector that’s on a hiring spree; businesses across the board added 162,000 new jobs in August. Even The New York Times called the latest employment numbers “zesty.” The paper quoted T. Rowe Price’s chief US economist, Blerina Uruci: “It’s a very good report . . . And it perhaps shows that financial conditions more broadly are not that tight.” The workforce...

The value of the once vaunted college degree has come under increased scrutiny in recent years as critics question the ridiculous cost of most four-year institutions, the fact that huge percentages of them have been leftist indoctrination camps that don’t teach the students any real professional skills that will be useful unless they want to work in the DEI department or become yet another far-left professor, and that many young people are going deep in debt only to find it's tough just to get a barista gig at Starbucks.All but the most affluent families have to beg for financial aid...

There’s a group to thank for August’s blockbuster jobs report: women. Women accounted for 158,000 — or around 98% — of the 162,000 jobs added in the month, according to a CNBC analysis of data released Friday by the Bureau of Labor Statistics. Men represent the remaining 4,000 net positions added, meaning their contribution to overall payroll growth was nearly 40 times smaller. The Economic Security Project, a progressive nonprofit, first pointed out the anomaly in Friday’s data. With Friday’s report, the gap between the number of jobs held by women compared with men climbed to levels never before seen,...

The U.S. economy added 162,000 jobs in August, more than triple Wall Street’s forecast, giving the Federal Reserve more room to raise interest rates despite President Donald Trump’s escalating demands for cuts. Hiring Rebounds After a Weak SummerNonfarm payrolls increased by 162,000 in August, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones had expected just 53,000 new jobs. The unemployment rate held steady at 4.1%, even as the labor force expanded by 683,000 people and the participation rate rose to 61.6%. Previous months also looked stronger after revisions. June payroll growth was raised from 20,000 to...

Nonfarm payrolls were expected to increase by 53,000 in August while the unemployment rate held at 4.1%, according to the Dow Jones consensus.

A recent report from Stanford reviewed the latest employment data and found that, so far, AI has not resulted in large scale job destruction. Meanwhile, new hiring data from the Economic Times reveals that AI is actively fueling unprecedented job creation, with AI skills now powering nearly two-thirds of new Global Capability Center hiring. Together, these recent dispatches from the front lines of the labor market point to a calming reality: the much-dreaded AI job apocalypse hasn't materialized as a sudden extinction event.The (sometimes buried) lede: AI is delivering real impact, and it is broadly changing the nature of work....

What jobs do data centers actually create? It is a question increasingly on Americans’ minds as public opinion turns against data centers, their construction, environmental footprint, energy and water use, and uncertain local economic benefits. Yet in an era when President Trump has promised to reindustrialize America, many people are asking a simpler question: what good jobs will these facilities actually provide?First, it is important to remember that jobs should not be the primary metric for evaluating any infrastructure project. Treating them as such is reminiscent of the public-works programs of the 1930s under FDR, when the focus often shifted...

American workers' wages are once again failing to keep up with inflation — a painful financial déjà vu of the pandemic years. The repeat situation may feel even more acute given that many workers are still catching up from the 2021-2022 inflationary bout, when companies gave workers only moderate pay raises that fell short of four-decade-high price increases, according to new economic research. From February 2021 to June 2022, real wages — or the purchasing power of the average American's paycheck — fell by more than 4%, according to the paper from the University of Chicago and ADP researchers. That...

The U.S. unemployment rate remains historically low, but a growing number of labor researchers are focused on a different warning sign: young men are becoming less likely to work or actively look for jobs. The unemployment rate fell to 4.1% in July, while the civilian labor force declined by 264,000 people and the labor force participation rate slipped to 61.4%, according to the Bureau of Labor Statistics. The decline is especially pronounced among young men. A May analysis by the American Institute for Boys and Men found that labor force participation among men ages 16 to 24 fell from 69%...

Florida Governor Ron DeSantis visited the Port of Pensacola on Wednesday to award $9 million from the Florida Job Growth Grant Fund to the City of Pensacola, supporting the establishment of Birdon America Inc.’s Southeastern headquarters and creating 2,000 new jobs. The grant funding will aid in public infrastructure enhancements and capacity building to support the construction of two shipbuilding facilities totaling approximately 400,000 square feet of manufacturing space at the Port of Pensacola. The new facilities will expand Florida’s maritime manufacturing capacity, allowing the port to produce complex Navy ship modules for submarines and surface vessels up to 400...

The American workforce is shrinking, and the decline is becoming difficult to dismiss as just another monthly fluctuation in the jobs data.More than 1 million people have disappeared from the U.S. labor force over the past year, while the share of Americans working or actively looking for work has fallen to its lowest level since the aftermath of the pandemic.The decline is being driven by several forces hitting at once: millions of baby boomers reaching retirement age, fewer younger workers coming behind them, tighter immigration, and a difficult hiring market that may be convincing some frustrated job seekers to simply...

The AI job apocalypse is turning out to be a bust. The Wall Street Journal reports that major companies are hiring again, defying predictions that artificial intelligence would wipe out large numbers of jobs — and specifically entry level jobs. But the really interesting twist in this story is that AI is actually creating jobs. Entry level workers aren’t victims; they are valuable assets.Instead of preparing for disaster, let’s focus on a more productive — and realistic endeavor — preparing students and young adults for the opportunities that AI is creating for them in work and in life.As the founder...

The job market has been a tough sell for many Gen Z graduates, with tariffs, economic uncertainty, and artificial intelligence reshaping hiring plans across corporate America. But according to Nvidia's CEO Jensen Huang, the next wave of six-figure opportunities won't be found in a Wall Street cubicle or Silicon Valley Slack channel. Instead, high-paying careers will partially come by picking up a wrench—literally.As tech giants race to build sprawling data centers—totaling $7 trillion in global capital outlays by the end of the decade—Huang believes the world is on the cusp of what he calls the "largest infrastructure build-out in human...

WASHINGTON – President Trump on Thursday unveiled a plan to give military veterans a priority on trucking jobs, cutting out illegal immigrants who “cannot read” road signs. “We’re going to make it as easy as possible for the veterans,” Trump said at an event at the White House. Flanked by two massive truck cabs, one a military green and the other blue with a large American eagle painted on it, the president praised veterans for having “a talent” for truck driving while blasting states that gave commercial driving licenses to illegal immigrants. “Radical left maniacs at the state level have...

PARIS — Emmanuel Macron and Friedrich Merz are trying to jump-start the Franco-German engine one final time. After joint ministerial meetings in Germany last week, the leaders of the European Union’s two biggest economies have tasked their governments with striking a grand bargain that they say would strengthen Europe’s industrial defenses and revive the bloc’s automotive industry — key priorities for the two countries. The pact would fuse France’s push to reserve more public procurement contracts and subsidies for European industry with Germany’s drive to rescue its ailing carmakers, whose crisis has reached an acute stage after Volkswagen warned recently...

Each year, millions more graduates are thrust into China’s already saturated jobs market. The situation for this year’s cohort, flooding into an increasingly crowded pool of applicants fighting for an insufficient number of positions, is arguably the bleakest yet. The competition is intense, especially for jobs that offer weekends off and proper social insurance With more than 10 million Chinese students graduating each year since 2022, a figure that is only growing, it is the scale of the situation that is an exacerbating factor, with authorities tasked with finding meaningful work for the equivalent of a medium-sized European nation each...