unemployment

10+ articles

Ireland Faces AI Job Crunch: Could a 200k Job Loss Be Imminent?

A new report by ESRI and the Department of Finance warns that rapid AI growth could displace up to 200,000 jobs in Ireland, raising unemployment concerns reminiscent of the 2008 financial crisis. While job creation could offset losses, the study focuses on potential disruption, impacting mainly higher-income households and mental health.

2 days ago

Ireland Faces AI Job Crunch: Could a 200k Job Loss Be Imminent?

Goldman Sachs Issues a Grim Jobs Outlook Amidst Economic Uncertainties

Goldman Sachs has released a dire forecast for the U.S. job market, projecting a slump in payroll growth to just 10,000 jobs per month in 2025. This outlook, published in early October 2024, brings concerns of rising unemployment, potential recession risks, and the impact of higher interest rates. Contrast from more optimistic forecasts paints a complex picture of the economic landscape.

5 days ago

Goldman Sachs Issues a Grim Jobs Outlook Amidst Economic Uncertainties

Market Strategist Ed Yardeni Warns of 35% Chance of Market Meltdown Due to Iran War and Oil Spike

Market strategist Ed Yardeni has increased his odds of a market meltdown to 35% as the conflict in Iran sends oil prices soaring, potentially straining consumer spending and causing economic contraction. The rising oil prices to $100+ WTI and $110+ Brent could hike U.S. gas prices to $5 a gallon, putting the Federal Reserve in a tough spot between inflation and unemployment concerns. Yardeni's alert also comes amidst stock market volatility and concerns about AI-driven layoffs.

Mar 9

Market Strategist Ed Yardeni Warns of 35% Chance of Market Meltdown Due to Iran War and Oil Spike

Canada's Labour Laws: Stuck in the Pre-AI Age?

As AI reshapes the Canadian labor market, current protections seem woefully outdated. This article scrutinizes the gaps in Canada's labor laws, particularly around Employment Insurance (EI), as AI-driven changes give rise to unemployment and job displacement, and calls for significant reforms.

Mar 6

Canada's Labour Laws: Stuck in the Pre-AI Age?

The Lingering Impact of Prolonged Unemployment in 2026: A Growing Concern for Americans

In 2026, the U.S. faces a challenging job market with prolonged unemployment periods causing financial strain. As Americans grapple with longer job searches, low savings, and high living costs, hiring rates have slowed, adding to the economic pressure. Discover the dynamics and personal stories shaping this employment landscape.

Feb 22

The Lingering Impact of Prolonged Unemployment in 2026: A Growing Concern for Americans

US Jobless Claims Hit New Low in February: A Sign of Labor Market Recovery or Just a Fluke?

Initial jobless claims in the US have plummeted to their lowest level of the year, dropping to 206,000 for the week ending February 14, significantly lower than economist predictions. This sharp fall suggests a stabilizing labor market, though experts caution against reading too much into a single week's data. Continuing claims tell a slightly different story, showing an increase as more individuals remain on unemployment benefits. This complex picture leaves economists weighing whether this decline marks a true recovery or is merely a temporary adjustment.

Feb 19

US Jobless Claims Hit New Low in February: A Sign of Labor Market Recovery or Just a Fluke?

AI Doomers: Are Machines Really Taking Over Our Jobs?

The article from SF Standard tackles a hot topic: the fear that AI is taking over jobs, especially in administrative and clerical roles. While some experts warn of mass unemployment, others argue that many workers have the flexibility to transition seamlessly to new opportunities. The real challenge lies with the 6.1 million U.S. workers at high risk of job displacement due to low adaptive capacity. But is the situation as dire as it seems? This story digs into the reality behind the numbers.

Feb 15

AI Doomers: Are Machines Really Taking Over Our Jobs?

Davos 2026: AI Job Loss Fears Trump All at Economic Forum

The 2026 Davos World Economic Forum is abuzz with concerns over AI-driven job losses. Leaders like IMF's Kristalina Georgieva warn about the economic growth and job market implications, with AI hitting labor markets hard. CEOs, including Salesforce's Marc Benioff, cite AI for massive layoffs amid rising unemployment and stagnant wages. The discourse revolves around balancing AI's promise with its peril, as AI-related layoffs and worker discontent grow.

Jan 24

Davos 2026: AI Job Loss Fears Trump All at Economic Forum

AI's First Casualties: The Tech Jobs That Vanished in 2025

The article explores the significant loss of entry-level tech jobs due to AI advancements by 2025, highlighting the surge in unemployment among recent graduates. It emphasizes the importance of merging AI proficiency with irreplaceable human skills like empathy and critical thinking to adapt to this new job landscape.

Jan 16

AI's First Casualties: The Tech Jobs That Vanished in 2025

Geoffrey Hinton Warns of AI-Induced Unemployment and Inequality Surge

In a thought-provoking interview, Geoffrey Hinton, often dubbed the "godfather of AI," predicts a looming wave of unemployment driven by AI, benefitting big tech companies while widening economic gaps. Hinton's insights raise questions about capitalism's role and call for serious regulatory considerations.

Jan 13

Geoffrey Hinton Warns of AI-Induced Unemployment and Inequality Surge