1 min read
Business

Economists Warn of Misleading Employment Data Amidst Growing Concerns

The recent release of employment numbers has caused confusion among economists and analysts. While the headline figures may appear positive, a closer look reveals a more complicated picture. In reality, the distribution of these jobs has been uneven, with many industries still struggling to recover from the impacts of the pandemic.

3 min read
Business

Rise of AI: IMF Estimates Potential Disruption to 40% of Global Employment

The International Monetary Fund (IMF) has issued a warning that approximately 40% of jobs worldwide could face significant disruption due to the rapid advancements in Artificial Intelligence (AI). In a recent report, the IMF highlighted the various ways in which AI could reshape labor markets and emphasized the urgent need for policies to address the potential consequences.