Jobs
China’s robotaxi push sparks job loss fears among drivers. Experts say it can create new jobs too
TOPSHOT – The photo taken on August 1, 2024 shows a general view of the driver’s seat and controls of a driverless robotaxi autonomous vehicle developed as part of tech giant Baidu’s Apollo Go self-driving project, in Wuhan, in central China’s Hubei province. Turning heads as they cruise past office buildings and malls, driverless taxis […]
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This woman made up to $110,000 a year as a nanny for the ultra-rich. Here’s what she learned from the job
Stefanie Kiser Book: “Wanted: Toddler’s Personal Assistant”. Cover design by Jillian Rahn/Sourcebooks. Courtesy: Stefanie Kiser Stephanie Kiser came to New York City in 2014 as a new college graduate, hoping to become a screenwriter. Instead, she spent the next seven years as a nanny for wealthy families. Kiser’s new memoir, “Wanted: Toddler’s Personal Assistant: How […]
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Why remote work has staying power: It’s ‘still kicking,’ economist says
Key Points Remote work surged during the Covid-19 pandemic and appears to have staying power. It has endured largely because it has perceived benefits for both workers and employers, economists said. Source
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Corporate loyalty does not pay off, HR expert says, as job hopping gains currency among young people
43% of Gen Z and millennial employees in Hong Kong and Singapore “indicate frequent thoughts of leaving their jobs, underscoring significant turnover intention,” according to a July 2024 report by Endowus and Intellect. Lim Weixiang – Zeitgeist Photos | E+ | Getty Images Vera Lau, 27, has worked at three different companies in as many […]
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People leave New Zealand in record numbers as economy bites
Auckland, New Zealand. Scott E Barbour | The Image Bank | Getty Images People are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic growth is anemic, government statistics show. Data released by Statistics New Zealand on Tuesday showed that 131,200 people departed New Zealand in the year ended […]
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The unemployment insurance program is unprepared for a recession, experts say
Key Points The U.S. unemployment rate has drifted upward over the past year, fueling recession concerns. The unemployment insurance program buckled during the Covid-19 pandemic under a deluge of claims. Experts say the system for unemployment benefits is ill-equipped to handle the next economic downturn. Source
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CNBC Daily Open: Wall Street rebound fizzles out
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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CNBC Daily Open: Wall Street rebound fizzles out
Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: Market correction may not be over yet
Traders work on the floor of the New York Stock Exchange during morning trading on August 06, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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CNBC Daily Open: Dow sheds 1,000 points, Japan stocks rebound
A trader works on the floor of the New York Stock Exchange. NYSE This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. What you need to […]
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