Jobs

Cybersecurity hiring in Singapore surges with AI adoption, but talent gaps remain

Job postings in the sector record the highest jump in three years, notes job site Indeed

A growing salary expectation gap comes at a time of economic uncertainty, when firms are exercising caution in wage management

New hires in AI could get up to 20% raise even as salary growth moderates: Robert Walters survey

Companies are grappling with cost pressures while talent is demanding higher compensation

Though the September report is outdated, it suggested little change in the labour market, which has lost significant momentum this year as evidenced by sharp downward revisions to nonfarm payroll counts.

US job growth beats expectations in September; unemployment rate rises to 4.4%

Nonfarm payrolls increased by 119,000 jobs after a downwardly revised 4,000 drop in August

The delay means that the Federal Reserve will not have access to official October jobs data ahead of its next scheduled policy meeting.

US government to skip October jobs report due to shutdown

THE US government said on Wednesday that it would cancel the full release of a report on October’s employment situation, skipping a key indicator that the central bank considers in adjusting interest ...

Within the vast universe of selling, entire constellations of tasks have become more transactional than relational, and these are precisely the areas where AI is now making its most aggressive inroads.
THINKING ALOUD

Why AI will always be closing in on sales jobs

The question is no longer whether AI can sell – it is how many of its human peers will survive the takeover

Federal Reserve Governor Christopher Waller said a December cut will “provide additional insurance” against an acceleration in labour market weakening, adding that he backs another 25 basis points reduction.

US Fed official backs further rate cut due to weak job market

Fed Governor Christopher Waller made the remark at a London dinner

These programmes overwhelmingly target employees aged 50 and above, marking a shift away from Japan’s traditional lifetime employment model.

Job cuts surge as Japan Inc rebalances ageing workforce

[TOKYO] A wave of voluntary and early retirement programmes in Japan is on track to hit a four-year high, as companies from Panasonic Holdings to Japan Display try to balance an ageing workforce with ...

White House Press Secretary Karoline Leavitt told reporters that the October consumer price index (CPI) and jobs reports will “likely never” be released.

October inflation, jobs data may never be released: White House

OFFICIAL US data on how consumer inflation and the jobs market fared in October may never be published, the White House said on Wednesday, citing the longest government shutdown in the country’s histo...

Michael Barr pointed to a New York Fed survey showing AI has led employers to scale back hiring plans - a development the Fed governor suggested may be contributing to slower levels of job creation - though he didn’t comment on the near-term outlook for monetary policy.

Federal Reserve’s Barr says AI will transform economies though outcomes vary

FEDERAL Reserve Governor Michael Barr said although artificial intelligence will transform economies, there are a range of outcomes as to how that will play out.

Employers announced the most job cuts for any October in more than two decades, spurring anxiety about the health of the labour market.

US companies shed jobs in late October, weekly ADP data show

The figures come after an array of companies flagged plans to reduce headcount in recent weeks