IDC: AI will not "fire" people because there is a shortage of them. This will make our work easier
If you think that artificial intelligence will eliminate some professions and have a negative impact on the labor market, you are right, but not entirely. One of the main reasons why companies use AI is the need to fill [...]
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11 March 2024
Mixed data from the US labor market
On Friday, the market was buzzing with the publication of data on the American labor market. The results were mixed. Stock indices ended the day in negative territory and the Nasdaq Composite lost 1,2%.
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SEPTEMBER 12, 2023
US wholesale inflation rose 2,2% in September - the largest YoY increase since April
U.S. wholesale prices rose last month at the fastest pace since April, suggesting inflationary pressures persist despite a year and a half of higher interest rates. The Department of Labor reported [...]
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June 20 2023
Problems of the Chinese economy. China's main interest rate is at an all-time low
China's annual interest rate, which serves as the benchmark for corporate loans, was lowered from 3,65% to 3,55%, while the five-year rate, which is used to price mortgage loans, was [...]