Job market

With a low unemployment rate and millions of job openings, today’s graduates and other entrants into the job market are benefiting from a favorable economy that allows them to be […]

US employers hired fewer people than forecast in November and the unemployment rate held at a 49-year low, according to the jobs report from the Bureau of Labor Statistics released […]

Britain’s financial services minister has backed an estimate by the Bank of England that the financial services sector will have lost 5,000 jobs to Europe by day one of Brexit. […]

EU nationals should be subject to the same rules as migrants from the rest of the world after free movement ceases to apply in the UK post-Brexit, the Cabinet has […]

The US economy has posted its lowest unemployment rate in 18 years after American employers added 223,000 jobs in May and were forced to raise wages, a performance that reinforced […]

Germany’s largest lender Deutsche Bank said on Thursday it will cut over 7,000 jobs and dramatically scale back its investment banking activities as it tries to turn the corner on […]

A robot shop assistant was hired and fired by a Scottish supermarket after just a week because he couldn’t understand customers.

‘Shopbot’ Fabio was being trialled at Margiotta’s flagship Edinburgh store in an experience run by Heriot-Watt University’s Interaction Lab for the BBC’s Six Robots & US .

The Accenture Strategy report, Reworking the Revolution: Are you ready to compete as intelligent technology meets human ingenuity to create the future workforce?, estimates that if businesses invest in Artificial Intelligence (AI) and human-machine collaboration at the same rate as top performing companies, they could boost revenues by 38 percent by 2022 and raise employment levels by 10 percent. Collectively, this would lift profits by US$4.8 trillion globally over the same period. For the average S&P500 company, this equates to US$7.5 billion of revenues and a US$880 million lift to profitability.