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LinkedIn's top economist explains the AI trend that could mark a tipping point - and the under-the-radar labor market shifts unfolding now

Sat, 04/15/2023 - 06:30

Tech Insider : Economy, Technology

Guy Berger, LinkedIn Head of Macroeconomics — Guy Berger, LinkedIn's head of macroeconomics
LinkedIn

Markets, MI Exclusive, linkedin, Economics, Labor Market, economy, Jobs

The Fed's own economists predict a mild recession later this year – and expect a recovery to take 2 years

Thu, 04/13/2023 - 07:26

Tech Insider

jerome powell — Fed Chair Jerome Powell.
Yuri Gripas/Reuters

Markets, MI Exclusive, Fed, fed inflation, Fed Minutes, Interest Rates, rising interest rates

March CPI and the Fed's next steps in its inflation battle: Everything to know

Wed, 04/12/2023 - 06:00

Tech Insider

Well, well, well if it isn't another CPI day. Phil Rosen here — March's inflation report is due at 8:30 a.m. ET today.

Here's how FactSet data predicts things to shake out:

Markets, Newsletter, 10 things, 10 things opening bell, Fed, Federal Reserve, BlackRock

Nobel economist Paul Krugman says this is the best job market in decades, and the Fed doesn't need high unemployment to bring down inflation

Tue, 04/11/2023 - 08:34

Tech Insider

Hiring sign labor market coronavirus — People walk by a Help Wanted sign in the Queens borough of New York City on June 04, 2021 in New York City.
Spencer Platt/Getty Images

Markets, MI Exclusive, Unemployment, Recession, Labor Force, fed interest rates, interest rate outlook

Here's why people shouldn't freak out yet about losing their jobs to AI automation

Mon, 04/10/2023 - 16:08

Tech Insider

Robot painting picture — Economics writer Noah Smith talked about why we should freak out—yet— about AI automating our jobs.
OpenAI

Tech Insider, Generative AI, AI, Jobs, Unemployment

Black Americans are more likely to be working than white Americans for the first time on record

Fri, 04/07/2023 - 15:16

Tech Insider : Economy

A salesperson using a tablet — A hot labor market "incentivizes employers to reach out to pools of talent they've historically overlooked," Daniel Zhao, lead economist at Glassdoor, told Insider.
Jeffrey Greenberg/UCG/Universal Images Group via Getty Images

economy, great resignation, labor shortage, Unemployment, Black unemployment, Jobs Report, Bureau of Labor Statistics

US stocks edge higher as investor await important March jobs report

Thu, 04/06/2023 - 16:24

Tech Insider

stock traders nyse — Reuters / Brendan McDermid

Markets, MI Exclusive, Stock market news today, US stocks, Jobless Claims, Unemployment, US Labor Market

US stocks slip as investors assess health of the economy ahead of key jobs report

Thu, 04/06/2023 - 09:39

Tech Insider

Trader NYSE — Andrew Kelly/Reuters

Markets, MI Exclusive, Stock market news today, Fed, interest rate hikes, Federal Reserve, Jobs

The banking fiasco threatens lending, commercial real estate, and economic growth, Wharton professor Jeremy Siegel says

Tue, 04/04/2023 - 10:27

Tech Insider

Jeremy Siegel, Russell E. Palmer Professor of Finance at the Wharton School of the University of Pennsylvania in Philadelphia, on an interview on December 30, 2014. — Jeremy Siegel.
Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images

Markets, MI Exclusive, Stocks, Jeremy Siegel, Wharton School of Business, US Economy and Markets, Federal Reserve

I'm a Stanford professor who's studied organizational behavior for decades. The widespread layoffs in tech are more because of copycat behavior than necessary cost-cutting.

Sat, 03/25/2023 - 09:46

Tech Insider : Economy

Stanford professor Jeffrey Pfeffer — Stanford professor Jeffrey Pfeffer says copycat behavior is a key factor in the mass layoffs sweeping tech, finance, and other industries.
Nancy Rothstein

Tech Insider, economy, News, finance, Careers, as told to, Layoffs

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