Hacker News with Generative AI: Labor Market

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?
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.”
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.
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.
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.
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.
Bosses are firing Gen Z grads just months after hiring them (yahoo.com)
Effects of Gen AI on High Skilled Work: Experiments with Software Developers (ssrn.com)
Young workers face a new challenge: Older workers aren't retiring (washingtonpost.com)
Workers are stuck in place because everyone is too afraid of a recession to quit (businessinsider.com)
Liquid vs. Illiquid Careers (everythingisatrolley.com)
An AI bot-war destroyed the online job market (salon.com)
Low salary likely to cause exodus of European tech talent (tradearabia.com)
Big slowdown in hiring here? June U.S. jobs report not showing it (marketwatch.com)
Why are Japanese developers not undergoing mass layoffs? (gamesindustry.biz)
US Payroll Gains Not as Robust as Reported, New Data Suggest (bloomberg.com)
US Job openings fall to new 3-year low (cnn.com)
Job openings fall to lowest level since February 2021 (yahoo.com)
Jobs Aren't Coming Back (demo.fun)
Artificial intelligence and the skill premium (nber.org)
Computer-science majors graduate into a world of fewer opportunities (wsj.com)
AI Is Taking over Accounting Jobs as People Leave the Profession (forbes.com)
Ordered back to the office, top tech talent left instead, study finds (washingtonpost.com)
The end of non-compete agreements is a tech job earthquake (computerworld.com)
US White-Collar Job Growth Stalls, Even in Pandemic Boomtowns (bloomberg.com)
Cheap Mortgages Deter Workers from Relocating for $250k Jobs (bloomberg.com)