Employees who use generative AI are more likely to worry about losing their jobs to generative AI
People who use generative AI are getting confident with it, according to findings from a new survey from BCG of more than 13,000 employees. They also think they’re playing with fire. About half of tho...
Working from home isn’t going away
Homework club The pandemic turned the world upside down. People stockpiled toilet paper, did yoga over Zoom, baked banana bread, bought Pelotons, went crazy for online shopping, and anyone who was eve...
Americans get, and take, less vacation than many other countries
Workaholics anonymous Gerri Kellman, General Counsel and erstwhile CEO at Waystar Royco in Succession, once characterized employees at top European rivals as “ soft… sick on vacation mania ” — compare...
Mentions of labor issues on earnings calls mean the labor market is tight
Good news for people who pay attention to what companies are saying on earnings calls: what they say might actually mean something. Parsing transcripts from public company earnings calls from 2002-202...
Elon Musk had an affair with a college SpaceX intern, and then put her on his executive team: report
When Elon Musk isn’t running one of his six companies , he’s apparently busy pursuing women who work at them, a Wall Street Journal report said. The Journal detailed a number of Musk’s alleged sexual ...
Treasury yields spike after US job growth crushes expectations in May
May jobs day in the US is a tale of two labor market reports. The establishment survey — which asks businesses about employment levels — was quite solid, showing job growth of 272,000 that exceeded ec...
There are still more job openings than people unemployed
Switching positions Looking to change up your job? There might not be as much choice as there was a couple of years ago. That’s the takeaway from national job openings data, which fell more than expec...
US stocks rise; bonds surge on cooling labor market data
Another day, another small gain for US stocks as the S&P 500 closed up 0.2%, extending its winning streak to three. More defensive sectors like real estate and consumer staples led the way higher on T...
Pixar is doing layoffs, its golden days seem to be behind it
Down Pixar hasn’t been flying high for a while now, but yesterday marked a particularly low point for the animation house that gave us Up and Toy Story, as the company embarked on the biggest round of...
AI engineer pay hovers around $300K
The median pay for AI engineers in the US was $290,000 in April — about $100K more than what non-AI software engineers made, according to data from compensation data and career services platform Level...
The unions strike back: Work stoppages rose sharply in 2023
Core issues In the aftermath of its outrage-inducing object-crushing advert , Apple has been dealt another PR blow, as it faces its first retail employee strike in history. On Saturday, members of t...
Which states pay teachers the most?
It’s Teacher Appreciation Week, a moment for students and parents to show admiration for the educators that inspire them (and an opportunity for teachers to get some first-rate deals ). While teachers...
Workers say they like their jobs slightly more… but everything about them less
New data out earlier this week from The Conference Board revealed that nearly 63% of US workers surveyed said they were “satisfied” with their jobs, the highest rating since the poll began in 1987 (ya...
AI is changing jobs, but it’s not actually taking them yet
The Wall Street Journal looked at how generative AI is altering the ways in which a lawyer, marketer, and a doctor work. Notably, the vast majority of AI-using businesses reported no change in employm...
Big companies aren’t making people come to the office on Friday
Even companies forcing people back to the office on certain days of the week know better than to make people come in on Fridays, according to new data from Flex Index , which tracks office policies. J...
Creative professionals top list of those adding generative AI skills
The people most likely to be supplanted by generative AI have become its biggest boosters. Or at least that’s one way to read data from Microsoft’s 2024 Annual Work Trend Index . In the past six month...
Friday's jobs report shows a cooldown. Investors love that.
The US labor market showed signs of cooling in April, and investors are rejoicing. Job growth of 175,000 came in well below the consensus estimate of 240,000. The unemployment rate unexpectedly ticked...
Tesla lays off charging team
Tesla laid off practically the entire 500-person team that runs the company’s Supercharger network, the Information reported . The network is considered a “crown jewel” and a competitive advantage com...
Nicolai Tangen says Americans "just work harder"
Nicolai Tangen, the CEO who holds the purse strings of Norway’s $1.6 trillion sovereign wealth fund, thinks that his fellow Europeans don’t quite stack up to US employees when it comes to pure hustle,...
The FTC is banning non-compete clauses
Yesterday, the US Federal Trade Commission voted 3-to-2 for a near-total ban on non-compete agreements, the contract stipulations that prevent millions of employees — from bankers, to biochemists, to ...