Tag: Employment
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Why Young Job Seekers Face Challenges in Employment: Debunking the AI Myth
Young people entering the job market are facing the toughest conditions in years — but artificial intelligence isn’t the reason. A new analysis from a London-based economics consultancy suggests something much more old-fashioned is going on: Companies simply aren’t hiring. Since 2023, unemployment among new entrants to the US labor force has jumped more than…
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AI’s Impact on Employment: Insights from East Asia
Western analysts often frame automation, artificial intelligence (AI) and robotics as an existential threat to workers, with the risk of impending unemployment potentially triggering economic unrest. However, 74 per cent of all industrial robots deployed last year were in Asia, where they do not appear to be replacing workers but are instead redefining roles amid…
