Hacker News with Generative AI: Labor Market

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 3 days ago | 79 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 9 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 33 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 38 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 40 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 44 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 61 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 74 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 77 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 93 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 106 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 106 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 112 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 134 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 145 days ago | 54 comments

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