Hacker News with Generative AI: Labor Market

Over 4M Gen Zers are jobless–experts blame worthless degrees and broken promises (fortune.com)
Over 4 million Gen Zers are jobless—and experts blame colleges for ‘worthless degrees’ and a system of broken promises for the rising number NEETs

Economy, Education, Gen Z, Labor Market

11 points by amichail 7 days ago | 9 comments

The good times in tech are over (seangoedecke.com)
For most of the last decade, being a software engineer has been a lot of fun. Every company offered lots of perks, layoffs and firings were almost unheard of, and in general we were treated as special little geniuses who needed to be pampered so we could work our magic. That’s changed in the last two years.

Software Engineering, Technology Industry, Labor Market, Economy

185 points by swah 18 days ago | 252 comments

Older Americans Taking Blue-Collar Jobs, White-Collar Hiring Slowdown (businessinsider.com)
Locked out of their white-collar careers, older Americans turn to blue-collar jobs and side hustles

Labor Market, Ageism, Economy, Workforce, Retirement

19 points by wallflower 20 days ago | 7 comments

Junior Bankers Say Grunt Work Matters Even with AI Taking on the Tasks They Hate (bloomberg.com)
Wall Street firms are all in on AI, touting it as a game-changer that can minimize the repetitive, soul-crushing tasks that define junior bankers’ early careers.

Finance, Artificial Intelligence, Wall Street, Labor Market, Jobs

4 points by petethomas 26 days ago | 0 comments

The job market may be tougher than it looks on paper (marketplace.org)
The first jobs report of the second Donald Trump administration comes out Friday. So far, we know that weekly jobless claims dropped last week, according to data from the Labor Department, and the number of people continuing to file for unemployment benefits reached nearly a three-year high — showing it’s taking workers longer to find new jobs.

Economy, Labor Market, Job Market, Unemployment

10 points by toomuchtodo 26 days ago | 1 comments

U.S. payroll growth totals 151,000 in February, less than expected (cnbc.com)

U.S. Economy, Employment, Labor Market

5 points by jarsin 26 days ago | 0 comments

Artificial Intelligence and the Labor Market [pdf] (nber.org)

Artificial Intelligence, Labor Market, Economics

33 points by pedrodelfino 31 days ago | 2 comments

The Job Market Is Frozen (theatlantic.com)
Unemployment is low, but workers aren’t quitting and businesses aren’t hiring. What’s going on?

Economy, Labor Market, Job Market

87 points by aarghh 35 days ago | 61 comments

The Job Market Is Frozen (theatlantic.com)
Unemployment is low, but workers aren’t quitting and businesses aren’t hiring. What’s going on?

Economy, Labor Market, Employment

15 points by petethomas 35 days ago | 0 comments

What are non intelligent people like me supposed to do for money? (reddit.com)
Since the cost of living has surpassed most labor jobs wages and they don't seem to be moving anytime soon. What are people like me who aren't book smart or computer smart supposed to do?

Economics, Labor Market, Social Inequality

53 points by carabiner 51 days ago | 88 comments

Tell HN: Title: The UC Berkeley Job Market Meltdown–What No One Wants to Admit (ycombinator.com)
I work in administration at UC Berkeley, and I need to say this: something is deeply broken.

University, Labor Market, Higher Education, California

12 points by UCBThrowaway 51 days ago | 9 comments

Return-to-office policies are leading to increased brain drain in the U.S. (venturebeat.com)
Return-to-office mandates are emerging as one of the most contentious of the post-pandemic work trends that U.S. employees have faced.

Work Culture, Labor Market, United States, Technology

46 points by this_weekend 57 days ago | 13 comments

Major data revisions are coming – should make you trust official statistics more (slowboring.com)
Next month, the jobs report will incorporate its annual benchmark revision, which will meaningfully change some key economic statistics and will solve some nagging puzzles and misconceptions about the labor market.

Economics, Statistics, Labor Market

11 points by therabbithole 70 days ago | 0 comments

Shove your office mandates, people still prefer working from home (theregister.com)
Years after the pandemic reshaped working practices across the world, many staff are still resisting corporate efforts to get them to return to the office preferring instead to quit in favor of a more flexible employer.

Remote Work, Work Culture, Labor Market, Workplace Trends, COVID-19

62 points by rntn 78 days ago | 80 comments

US hiring announcements in 2024 lowest in nine years (yahoo.com)
Hiring announcements by U.S. employers last year were the lowest since 2015, a report showed on Thursday, confirming a sharp moderation in job growth over that period.

Economy, Labor Market, Hiring, Business, United States

4 points by joshstewart 83 days ago | 0 comments

Companies are firing Gen Z employees soon after hiring them (euronews.com)
A recent report found that companies were dissatisfied with their Generation Z (Gen Z) new hires and may avoid hiring recent graduates in the future.

Gen Z, Employment, Labor Market, Hiring Practices

9 points by makerdiety 108 days ago | 5 comments

The Death of the Stubborn Developer (sourcegraph.com)
I wrote a blog post back in May called The Death of the Junior Developer. It made people mad. My thesis has since been corroborated by a bunch of big companies, and it is also happening in other industries, not just software. It is a real, actual problem, despite being quite inconvenient for almost everyone involved.

Software Development, Industry Trends, Labor Market

21 points by ingve 113 days ago | 26 comments

From 'Great Resignation' to 'Great Detachment': How U.S. job market has slowed (nbcnews.com)
For many workers, the euphoria of “the Great Resignation” — a period following Covid-19 reopenings that brought a massive reshuffling of jobs and substantial wage gains — has given way to a new, far more uncertain environment.

Labor Market, Economy, COVID-19, Resignation, Employment

44 points by makerdiety 115 days ago | 14 comments

It's Taking Longer to Find a New Job in the US (bloomberg.com)
The unemployed are having a harder time finding jobs in the US, a trend that’s casting a shadow over other statistics showing a resilient labor market with few outward signs of trouble.

Unemployment, Labor Market, Economy, US

6 points by toomuchtodo 119 days ago | 1 comments

Japanese workers turn to resignation agencies (metropolisjapan.com)
A new survey from Mynavi Corp. shows a significant rise in resignation agencies across Japan that help people quit their jobs. But why?

Japan, Employment, Resignation, Labor Market, Human Resources

170 points by billybuckwheat 136 days ago | 142 comments

Employment Barometer in Germany Falls Further (ifo.de)
Companies in Germany are more cautious in their personnel planning. The ifo Employment Barometer fell to 93.7 points in October, down from 94.0 points in September, the lowest level since July 2020. “The situation on the labor market has been on a negative trend for months, not sharply, but continuously,” says Klaus Wohlrabe, Head of ifo Surveys. “Rather than filling vacancies, companies are more likely to lay off employees.”

Germany, Economy, Labor Market, Employment

17 points by rustoo 149 days ago | 22 comments

The Senior Shortcut (medium.com)
Many have predicted the death of the “junior engineer” thanks to AI; after all, if AI can do all of the simple tasks, we don’t need to hire people who are only capable of handling those tasks anymore.

Artificial Intelligence, Software Engineering, Labor Market

5 points by HideInNews 152 days ago | 0 comments

Daron Acemoglu: America is sleepwalking into an economic storm (nytimes.com)
Inflation seems under control. The job market remains healthy. Wages, including at the bottom end of the scale, are rising. But this is just a lull. There is a storm approaching, and Americans are not prepared.

Economics, United States, Inflation, Labor Market

6 points by hhs 167 days ago | 4 comments

Employment rises by 254K in September; unemployment changes little at 4.1% (bls.gov)
Total nonfarm payroll employment increased by 254,000 in September, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, government, social assistance, and construction.

Economics, Employment, Labor Market, United States

7 points by impish9208 181 days ago | 6 comments

US economy added 254,000 jobs in September, well above expectations (foxbusiness.com)
U.S. job growth picked up in September, beating economists' expectations, while the unemployment rate was little changed.

Economy, Employment, Labor Market, Jobs, News

6 points by hhs 181 days ago | 1 comments

Bosses are firing Gen Z grads just months after hiring them (yahoo.com)

Generation Z, Employment, Hiring Practices, Labor Market

11 points by rustoo 187 days ago | 7 comments

Effects of Gen AI on High Skilled Work: Experiments with Software Developers (ssrn.com)

Generative AI, Software Development, Labor Market, Research

335 points by Anon84 209 days ago | 511 comments

Young workers face a new challenge: Older workers aren't retiring (washingtonpost.com)

Generational Issues, Retirement, Labor Market

16 points by howard941 219 days ago | 54 comments

Workers are stuck in place because everyone is too afraid of a recession to quit (businessinsider.com)