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There’s a mismatch between the amount of labor that the U.S. economy needs to grow and strict immigration policy under the Trump administration.
A new report by MIT found that businesses are mostly not replacing humans with AI, although they are using AI to reduce outsourcing.
Job seekers at one of China’s top universities say the hunt is hard this year.
But most of them haven’t done anything recently to prepare for their job search.
Microsoft recently laid off about 3% of its workforce — some 6,000 people. A big chunk of those were reportedly software engineers, aka coders.
The U.S. added 51,000 health care jobs last month, but proposed cuts to Medicaid could slow hiring.
“Trump inherited an economy that was firing on most, but not all, cylinders,” said Ryan Sweet at Oxford Economics.
A little known industry that happens to be Wyoming’s biggest export piqued the interest of one mechanic last year. But sudden industry changes threw his family’s future into limbo.
Among the resilient sectors: health care and AI.
“We’re committed to rebuilding and continuing to support the community,” says Craig Sloane, general manager of Altadena Town & Country Club.