SELECT LANGUAGE BELOW

Biden’s grand plan to hand China more manufacturing jobs

You can’t blame Joe Biden for being bold. After destroying the value of the US dollar by making prices 19.3% higher than when Donald Trump left office, he led the economy to the toughest “soft landing” imaginable. Now Bidennomics is making the bold move to move even more US manufacturing jobs overseas – to China. […]

Creating So Many Jobs that Destroy Wealth

When Americans face an intense, hyper-partisan Presidential election, every labor market report becomes fodder for Administration claims of what great managers of the economy they are and counter-claims of how misleading such stewardship claims are. Of late, such dueling narratives have featured issues such as the seven-digit (and growing) difference between the official employment rate […]

Elon Musk expects AI will replace all human jobs,  lead to ‘universal high income’

Billionaire entrepreneur Elon Musk reiterated his belief this week that artificial intelligence will eventually eliminate the need for human labor, offering a vision for what the future might hold as technology continues to advance rapidly. During a remote appearance at the Viva technology conference in Paris on Thursday, Musk was asked whether he was worried […]

Over 40 Mayors Plead with Biden to Create Jobs Program — for Migrants

More than 40 mayors and county officials from across the U.S. are pleading with President Joe Biden to speed up the issuance of work permits to help millions of immigrants released into the country find American jobs. in letter This week, ahead of President Biden’s inauguration, New York City Mayor Eric Adams (D), Chicago Mayor […]

Elon Musk expects AI will replace all human jobs, lead to ‘universal high income’

Ryan Payne, president of Payne Capital Management, appeared on “Varney & Co.” to analyze the main drivers of the S&P 500’s recent gains. Billionaire entrepreneur Elon Musk reiterated his belief this week that artificial intelligence will eventually eliminate the need for human labor, offering a vision for what the future might hold as technology continues […]

NYC council introduces bill to increase oversight over mayoral picks for top jobs

Speaker Adrian Adams The bill was introduced on Thursday. The bill would significantly expand the City Council’s power over the city’s highest-ranking mayoral appointees, as the department is already sparring with lawmakers over one of the few positions it can veto. The new bill would add 20 secretary-level positions subject to a confirmation process, including […]

Disney’s Pixar cutting nearly 200 jobs, will focus exclusively on feature films

Pixar Animation Studios, which produced classic films such as “Toy Story” and “Up,” began laying off about 14% of its employees starting Tuesday as it scales back development of its original streaming series, the developer said. This was revealed by a person familiar with the matter. Approximately 175 people will be affected by the layoffs […]

Another month, another jobs record: Texas triples US job growth rate in April

(The Center Square) – Every month, Texas breaks its previous job growth records. April was no different with Texas’ job growth rate tripling the U.S. rate. Last month, the Texas labor market once again set record-high levels for the greatest number of filled jobs, the greatest number of employed Texans, and the largest civilian labor […]