After three months, the fallout of the closure of the Strait of Hormuz is spreading, with developing countries bearing the brunt of the shortfall.
Category: Labor and Jobs
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Samsung Unions Approve A.I. Profit-Sharing Deal as Infighting Escalates
The agreement all but guarantees hefty bonuses for employees in the top-performing chip unit. Other workers say they feel left out.
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How Delta Steered Around Airline Industry Chaos
The carrier has become the country’s most profitable by catering to affluent travelers, but it is facing stiffer competition from United.
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Samsung Averts a Walkout With Big Bonuses, but Discord Over A.I. Profits Brews
Samsung Electronics, a global memory chip supplier, has been a major beneficiary of the A.I boom. It has also become the center of a debate over how to divide its spoils.
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They Graduated Into the ‘Bleakest Job Market.’ Now It’s Their Children’s Turn.
The New York Times profiled young job seekers in 1991. Today, their own children are entering a work force in flux.
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China Wants A.I. to Flourish, but Not at the Expense of Jobs
A series of precedent-setting rulings signals that Chinese courts are being enlisted to shield workers from displacement by artificial intelligence.
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On Blind, Anxious Tech Workers Get the Lowdown on Layoffs
On the website Blind, professionals share advice — and gallows humor — anonymously. It is chronicling the curdling of tech optimism.
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The Villain of This Year’s Commencement Speeches: A.I.
College students have interrupted graduation ceremonies to voice their fears about artificial intelligence. They’re not the only ones who are worried.
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Why Two Big Companies Just Cut Paid Family Leave
Deloitte and Zoom are among the employers reducing support for working parents, signaling a retreat from a “golden age of benefits.”
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Why Some People Are Allergic to ‘Peanut Butter Raises’
The beloved spread has become a metaphor for things that are less than delicious.
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What to know about the report.
Employers added 115,000 jobs and the unemployment rate remained at 4.3 percent despite higher energy prices and instability spurred by the war with Iran.
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Federal Reserve Turns Focus to Inflation as Job Market Stabilizes
April’s report showed employers added more jobs than expected, supporting the central bank’s view that it can afford to hold interest rates steady.