![35-year-old American moved to Chengdu and lives on $30,000 a year: ‘[It’s] poverty in America, but in China I’m living large’](https://image.cnbcfm.com/api/v1/image/108167583-1751548516689-chinacelia1.jpg?v=1751549197&w=1920&h=1080 "35-year-old American moved to Chengdu and lives on $30,000 a year: ‘[It’s] poverty in America, but in China I’m living large’")
Jobs
Fake job seekers are flooding U.S. companies that are hiring for remote positions, tech CEOs say
An image provided by Pindrop Security shows a fake job candidate the company dubbed “Ivan X,” a scammer using deepfake AI technology to mask his face, according to Pindrop CEO Vijay Balasubramaniyan. Courtesy: Pindrop Security When voice authentication startup Pindrop Security posted a recent job opening, one candidate stood out from hundreds of others. The […]
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U.S. payrolls rose by 228,000 in March, but unemployment rate increases to 4.2%
Job growth was stronger than expected in March, providing at least temporary reassurance that the labor market is stable, the Labor Department reported Friday. Nonfarm payrolls increased 228,000 for the month, up from the revised 117,000 in February and better than the Dow Jones estimate for 140,000, according to the Bureau of Labor Statistics. However, […]
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AI could affect 40% of jobs and widen inequality between nations, UN warns
Artificial intelligence robot looking at futuristic digital data display. Yuichiro Chino | Moment | Getty Images Artificial intelligence is projected to reach $4.8 trillion in market value by 2033, but the technology’s benefits remain highly concentrated, according to the U.N. Trade and Development agency. In a report released on Thursday, UNCTAD said the AI market […]
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Meet the 21-year-old helping coders use AI to cheat in Google and other tech job interviews
A person walks past the entrance to a Google building in Dublin, Feb. 15, 2023. Artur Widak | Anadolu | Getty Images After landing internship offers from Amazon, Meta and TikTok, computer science student Chungin “Roy” Lee has decided to move to San Francisco. But he won’t be joining any of those companies. Instead, Lee will […]
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DOGE layoffs may ‘overwhelm’ unemployment system for federal workers, report finds
Key Points The Trump administration — with the help of the so-called Department of Government Efficiency, known as DOGE, which the president says is headed by Elon Musk — has fired tens of thousands of federal workers. The scale of cuts will likely be flood the Unemployment Compensation for Federal Employees (UCFE) with claims and […]
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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source
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Unemployment spikes in Washington, D.C. as Trump and Musk begin efforts to shrink the government
Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. Kevin Lamarque | Reuters President Donald Trump’s moves to fire thousands of federal government workers have coincided with a surge in jobless claims in Washington D.C. that could get worse as […]
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Many workers would take a pay cut to work from home — some would forgo at least 20% of their salary
Key Points Many workers say they’d take a pay cut to be able to work from home at least a few days a week, according to academic studies. They see work-life balance as the biggest advantage of remote work. Others say they feel less connected to co-workers and see fewer opportunities for mentoring. Employers also […]
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