Embracing AI in the Workplace A recent article in Forbes observes that innovations like artificial intelligence (AI) are being introduced so quickly that once we comprehend one concept, it seems as though it’s already obsolete. There are concerns about AI outperforming all of us, and the World Economic Forum predicts that tech innovation and automation…
Easing hiring and wage growth, as reflected in today’s Bureau of Labor Statistics (BLS) survey, might signal that the economy is cooling in spite of recent robust GDP growth. Total nonfarm payroll employment increased by 150,000 in October in contrast to a surprisingly strong gain of 336,000 jobs in September. The unemployment rate up-ticked slightly…
EUROPE inflation in the euro zone cooled to its lowest level since October 2021, falling to 4.3% in September. That was down from a 5.2% annual reading in August, while month-on-month inflation dipped from 0.5% to 0.3%. Core inflation — which excludes energy, food, alcohol and tobacco, and is closely watched by monetary policymakers —…
In today’s knowledge economy, talent is not only critical, it’s also scarce. Although many executives say finding and retaining talent is a top priority, their companies still struggle to fill skilled positions. An effective way to attract and retain talent is to create an environment where talented people can develop. Talented people seek out opportunities…
New report pinpoints pressing cybersecurity workforce gaps ISACA’s newly released annual research report, State of Cybersecurity 2023, Global Update on Workforce Efforts, Resources and Cyberoperations, focuses on ongoing hiring and retention challenges, as well as key workforce gaps both in technical cybersecurity skills and soft skills. The report indicates some strides have been made in…
Today’s gain was an improvement over the average monthly gain of 267,000 jobs over the past 12 months. Employment growth was revised upward by 79,000 in June and by 40,000 in August which is included in the past 12-month average. The unemployment rate remained unchanged at 3.8 percent. “For nearly two years, and again this…
EMEA TikTok operations are underway at the first of its three European data centers, part of the popular Chinese-owned app’s effort to ease Western fears about privacy risks. The video sharing app said it began transferring European user information to a data center in Dublin. Two more data centers, another in Ireland and one in…
4 in 10 U.S. workers don’t take all their paid time off Some 46% of U.S. workers who receive paid time off from their employers — whether for vacation, doctor’s appointments or minor illnesses — take less time than they are offered, according to a recent Pew Research Center survey. Jump to Article >> Workplace…
The U.S. labor market continued to signal a soft landing as non-farm payroll increased by 187,000 as described in the August U.S. Bureau of Labor Statistics (BLS) report, roughly in line with analysts’ expectations. Today’s gain indicated a gradual slowing in hiring compared to the average job gain of 271,000 jobs in the past 12…
EMEA Southern Europe is bracing for more record-breaking temperatures, as the Cerberus heatwave — aptly named after the mythological beast guarding the gates of hell — continues to grip countries like Spain, Italy and Greece. As the thermometer is expected to reach 45 degrees Celsius in Spain and at least 10 cities in Italy have…