Blog
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Young Chinese People Are Paying for Pretend Jobs
Nobody wants to work for free, let alone pay for the privilege. But, in China, where unemployment is a massive problem for young people, more and more are waking up, getting dressed, commuting, and clocking into "pretend-to-work offices" where they can convince themselves—or others—that they're gainfully employed. The... Go to Source Author: Tim Karan
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Job Hunts Are Taking Longer
As job openings dry up and companies pull back on hiring, unemployed Americans are facing the longest waits for work in years. New federal data show that more than 1.8 million people have been out of work for at least 27 weeks, the longest period outside the coronavirus pandemic... Go to Source Author: Bob Cronin with Newser.AI
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Gen Z Job-Seekers Have Big New Problem: AI
Recent college graduates hoping to snag an entry-level corporate job are running into a new, digital hurdle: artificial intelligence. According to the career platform Handshake, job postings for entry-level white-collar positions—long seen as the first step for new grads—have fallen by 15%, reports CBS News . Meanwhile, competition is... Go to Source Author: John Johnson with Newser.AI
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College Grads Find the Current Job Market ‘Stings’
While completing a master's degree in data analysis, Palwasha Zahid moved from Dallas to a town near Silicon Valley. Zahid, 25, completed her studies in December, but so far she hasn't found a job in the industry that surrounds her. "It stings a little bit," she said. "I never imagined... Go to Source Author:
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Hiring Comes in Stronger Than Expected
The new jobs report beat expectations, showing that employers added 177,000 jobs in April, reports CNBC . Analysts anticipated about 133,000. The new figure is down from 228,000 in March, though it was positive enough to cheer Wall Street: Dow futures were up more than 300 points in... Go to Source Author: Rob Quinn
