WITHOUT IMMIGRANTS, AMERICAN LABOUR FORCE KEEPS SHRINKING
When the June employment report of the Labor Department came in far below “economists’ expectations,” those same economists grabbed at “theories” like low leisure and hospitality jobs meaning Americans were eating out less, etc. They might instead have looked to health care, wherein annual growth of 1 million jobs/year since 2019, dropped sharply to 800,000 […]
SOUTH AFRICA IS NOT READY FOR THE COMING WHITE-COLLAR AI BLOODBATH
A major disruption is unfolding in global white-collar employment. According to Anthropic CEO Dario Amodei, up to 50% of entry-level white-collar jobs could vanish in the next five years due to advances in artificial intelligence. As detailed in Axios’ article “Behind the Curtain: A White-Collar Bloodbath”, this isn’t science fiction; it’s a forecast from one […]