#wage-inequality
#wage-inequality
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Artificial intelligence
fromFortune
1 week agoTop AI economist who found 'significant and disproportionate impact' on entry-level jobs finds link between robots and minimum wage hikes | Fortune
AI and automation are simultaneously displacing entry-level white-collar workers while minimum wage increases accelerate robot adoption in blue-collar industries, creating a dual squeeze on lower-wage workers.
Business
fromAxios
1 week agoThe labor market is finally stabilizing, data shows
Private sector job growth accelerated in February with 63,000 new jobs, but gains concentrated in education and health services, while wage growth inequality widened significantly between higher-income and lower-income workers.
Artificial intelligence
fromFortune
1 week agoGen Z is paying the price for lack of experience as AI takes their jobs. Older workers are safe-for now, Dallas Fed warns | Fortune
AI adoption benefits experienced workers by automating routine tasks, while entry-level workers with codifiable knowledge face declining employment and wages across tech and finance sectors.
fromThe Mercury News
2 weeks agoWhere in California are people feeling the most financial distress?
When California cities were divided into three geographic regions - Southern California, the Bay Area, and anything inland - the most challenges were often found far from the coast. The average national ranking of the six inland cities was 39th worst for distress, the most troubled grade among the state's slices.
California
fromwww.npr.org
1 month agoCourt rebuffs plea from domestic workers for better pay and respect
She'd cooked breakfast and lunch for her two children and for her husband, who works as a taxi driver. Her daughter had an event at college for which she had to wear a sari. She needed her mother's help to get dressed. It took longer than they'd both expected. Meenakshi knew she was running late, so she skipped breakfast and rushed to work.
Women
World news
fromFortune
1 month agoAI productivity gains are making the rich richer, and they'll wipe out jobs-but the IMF chief sees a silver lining for low-wage workers | Fortune
AI-driven productivity increases top wages, and higher-earner spending can boost demand for low-wage services, potentially raising employment for low-wage workers.
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