Two years after the cryptocurrency market crashed, internet cafes for playing crypto-earning video games are opening and farmers have started harvesting virtual crops from the games for income.
Category: Foreign Workers
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Economic Dividend of Immigration Faces Legal and Logistical Hurdles
Immigrants aided the pandemic recovery and may be crucial to future needs. The challenge is processing newcomers and getting them where the jobs are.
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U.S. Debt on Pace to Top $54 Trillion Over Next 10 Years
Congressional Budget Office projections released on Wednesday said a growing economy and recent spending cuts had slowed deficits.
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How the War With Hamas Has Damaged Israel’s Tech Firms and Economy
Israel’s technology sector, a key part of the economy, has been jolted by worker shortages and funding fears, which could drive a wider slowdown in 2024.
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Vermont May Be the Face of a Long-Term U.S. Labor Shortage
Employers are pulling out all the stops to attract workers as the state’s population grows older, offering a likely glimpse of the country’s future.
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Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?
Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
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A Hungarian Town Seethes Over a Giant Chinese Battery Plant
The New York Times – Business:A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
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Immigration Rebound Eases Shortage of Workers, Up to a Point
The New York Times – Business:While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.
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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits
The New York Times – Business:Amid a tech cold war with China, U.S. companies have pledged nearly $200 billion for chip manufacturing projects since early 2020. But the investments are not a silver bullet.
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Japan’s Ski Mecca, Niseko, Is Desperate for Workers
The New York Times – Travel:Japan reopened its borders just in time for the winter season. The Niseko area is straining to meet the pent-up demand.
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Japan Needs Indian Tech Workers. But Do They Need Japan?
The New York Times – Business:Recruiters call the push a crucial test of whether the world’s third-largest economy can compete with the U.S. and Europe for global talent.
