The March Jobs Numbers Show the Economy Is Sound, but Far From Invincible

The March Jobs Numbers Show the Economy Is Sound, however Far From Invincible

The March employment numbers have been a disappointment, however solely relative to extraordinarily optimistic expectations. The primary story of a sturdy United States job market stays very a lot intact — although with an necessary asterisk. Sure, the United States added only 103,000 jobs in March, down from the blockbuster 326,000 in February. Yes, the […]

Report: 66 million people will lose their jobs to robots

Report: 66 million folks will lose their jobs to robots

According a report from the Organization for Economic Cooperation and Development, 66 million individuals are liable to having their livelihoods taken away by robots. From The Guardian: The OECD mentioned 14% of jobs in developed international locations had been extremely automatable, whereas an extra 32% of jobs had been more likely to expertise vital modifications […]

Opinion

Opinion

The many Americans now cheering President Trump’s willingness to struggle a commerce battle with China little doubt consider that commerce lately with that Asian nation has destroyed too many American jobs. Not way back an academic paper by the economists David Autor, David Dorn and Gordon Hanson garnered an uncommon quantity of public consideration due […]

models his voice on fluctuations in the stock market - currently very deep

Robert Peston’s smugness rising as world nears financial meltdownNewsBiscuit

Following predictions that the world is on the verge of a global recession, financial markets have taken a further tumble after figures published by the BBC showed that the smugness of its business editor, Robert Peston, has reached critical levels. ‘There’s no doubt it’s gone to his head,’ said BBC Director General, Mark Thompson. ‘Inflation […]