employment

Employment is a relationship between two parties, usually based on contract where work is paid for, where one party, which may be a corporation, for profit, not-for-profit organization, co-operative or other entity is the employer and the other is the employee.

(source: en.wikipedia.org)

Recruiters Tap Big Banks for AI Expertise
Recruiters Tap Big Banks for AI Expertise
November 28, 2023  |  Personnel

In the search for new AI talent, employment recruiters are reportedly targeting big banks. The last year has seen banks such as Goldman Sachs and Bank of America lose...

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ECB: No Evidence That AI Has Led to Job Cuts … Yet
ECB: No Evidence That AI Has Led to Job Cuts … Yet
November 28, 2023  |  artificial intelligence

A new report says fears that artificial intelligence will end human employment might be overblown. The study, published Tuesday (Nov. 28) by the European Central Bank (ECB)...

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Job Market Softens As Ongoing Unemployment Claims Rise
Job Market Softens As Ongoing Unemployment Claims Rise
November 16, 2023  |  Economy

The “durable” job market economists had been touting all year now seems a bit softer. New employment figures from the U.S. Labor Department released Thursday (Nov. 16)...

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Elon Musk’s Stark Prediction: AI Will Render All Jobs Obsolete
Elon Musk’s Stark Prediction: AI Will Render All Jobs Obsolete
November 03, 2023  |  artificial intelligence

Elon Musk, the CEO of Tesla Inc., recently had a conversation with UK Prime Minister Rishi Sunak about the risks and future implications of artificial...

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Continuing Unemployment Claims Creep Up As Layoffs Mount
Continuing Unemployment Claims Creep Up As Layoffs Mount
November 02, 2023  |  Economy

Jobless Americans might be having trouble finding work, according to new unemployment data. Figures released Thursday (Nov. 2) by the Labor Department showed that continuing jobless claims —...

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Food Services Employment Returns to Pre-Pandemic Level With 61,000 Gain
Food Services Employment Returns to Pre-Pandemic Level With 61,000 Gain
October 06, 2023  |  Economy

The number of people employed in food services and drinking places is back to where it was in the pre-pandemic month of February 2020. It...

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ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
ADP Finds ‘Steepening’ Decline in Job Growth as Wages Dip
October 04, 2023  |  Economy

Private employers added 89,000 jobs last month, the slowest growth rate since early 2021. That’s according to the monthly employment report released Wednesday (Oct. 4) by ADP, which...

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Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
Citi Plans ‘Uncomfortable’ Cuts Amid Sweeping Reorganization
September 13, 2023  |  Economy

Citi says it is embarking on a major restructuring of its organization that eliminates a number of management layers. The new structure, announced Wednesday (Sept. 13), elevates the...

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Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
Job Growth in U.S. Moves from ‘Exceptional’ to ‘Sustainable’
August 30, 2023  |  Economy

American employers added fewer jobs than anticipated in August, according to new findings from ADP. The research group said in a news release Wednesday (Aug. 30) that private...

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