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Robots are set to wipe out the hottest jobs on Wall Street

The financial services industry is a popular place for job seekers, but artificial intelligence could wipe away a million banking jobs......»»

Category: topSource: moneycentralApr 12th, 2019

Amazon plans another facility in Alabama

Amazon.com Inc. is expanding its presence in Alabama yet again. The online retail giant plans to open a 1 million-square-foot fulfillment center in the Limestone Country portion of Huntsville and is expected to create over 500 jobs in t.....»»

Category: topSource: bizjournalsMay 19th, 2021

The historic 20.5 million jobs lost in April are just the beginning — here"s how the coronavirus recession could devastate employment across the US economy

Robert Nickelsberg/Getty Image The economic fallout from the coronavirus pandemic has begun to wipe out .....»»

Category: topSource: businessinsiderMay 12th, 2020

CityWatch: New York jobless claims soar past 1.6 million

The hardest hit jobs have been in the retail and hospitality sectors, but also some areas of health care......»»

Category: topSource: marketwatchApr 30th, 2020

City may lose 475,000 jobs and $10 billion in taxes, Budget Office says

New York City may lose a half-million jobs and run about $10 billion short on tax revenue through mid-2021 because of the coronavirus outbreak, the city’s Independent Budget Office estimated. Retail... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

The Conversation: One nasty side effect of coronavirus: Robots will take our jobs at an even faster rate

About 50 million jobs could be automated just in “essential” industries......»»

Category: topSource: marketwatchApr 14th, 2020

Great Depression Unemployment Level Would Wipe Out 40 Million US Jobs

The jobless rate will soar for months, as millions of workers in deeply wounded industries and in companies trying to preserve cash are pushed off the payroll......»»

Category: blogSource: 247wallstApr 4th, 2020

Does US Have to Brace for a Loss of a Million Jobs?

Months of job increases could be reversed quickly if industries such as retail, travel and consumer goods suffer a drop in demand. The remedy to a fall-off in revenue is usually cost cuts, and often........»»

Category: blogSource: 247wallstFeb 28th, 2020

US has half a million fewer jobs than believed after big government revision

There were 501,000 fewer jobs created from April 2018 to March 2019. Jobs in retail, hospitality and professional services wer.....»»

Category: topSource: usatodayAug 21st, 2019

City Furniture opens $20M showroom; another on the way

Tamarac-based City Furniture has opened a new $20 million-plus, 120,000-square-foot showroom at 4779 Vineland Road near the Mall at Millenia, creating roughly 200 jobs. This is the 20th location to open for the Florida retail giant and it marks the sec.....»»

Category: topSource: bizjournalsAug 5th, 2019

Private equity"s role in retail has killed 1.3 million jobs, study says

Private equity firms have bought at least 80 retailers in the past decade, including Brookstone, Gymboree and David's Bridal......»»

Category: topSource: moneycentralJul 24th, 2019

Private equity"s role in retail has killed 1.3 million jobs, study says

Private equity firms have bought at least 80 retailers in the past decade, including Brookstone, Gymboree and David's Bridal......»»

Category: topSource: moneycentralJul 24th, 2019

Report Claims "Racist" "Pirate Equity" Firms Destroyed 1.3 Million Retail Jobs

Elizabeth Warren's twitter feeds have been clogged with clips of Rachel Maddow and links accusing President Trump of breaking the law (in honor of Robert Mueller's appearance before Congress on Wednesday), but as soon as she h.....»»

Category: blogSource: zerohedgeJul 24th, 2019

The Great Transformation: Robots Will Displace 20 Million Jobs By 2030

A new report by Oxford Economics says accelerating technological advances in automation, engineering, energy storage, artificial intelligence, and machine learning have the potential to reshape the world in the 2020s through 20.....»»

Category: blogSource: zerohedgeJun 29th, 2019

Retailers are embracing robots – here’s how workers can tell if they’ll be replaced

Walmart recently said it plans to deploy robots to scan shelves, scrub floors and perform other mundane tasks in its stores as the retail giant seeks to lower labor costs. While the retail giant did not say which jobs, if any, might be lost as a.....»»

Category: topSource: bizjournalsApr 15th, 2019

Are Walmart"s Robots a Threat to Its Workforce?

The retail giant insists that its latest automation push won't cost employees their jobs -- it will just spare them some of the drudgery......»»

Category: topSource: foxnewsApr 12th, 2019

Self-driving cars could wipe out 4 million jobs — but a new report says the upsides will be easily worth it

AP Photo/Eric Risberg Autonomous vehicles could add $800 billion to the US economy, a new report says. The report also say.....»»

Category: topSource: businessinsiderJun 13th, 2018

This startup is raising $750 million to outmaneuver Domino"s and Pizza Hut with pizzas made by robots — check it out

Melia Robinson Robots could kill off jobs in the future — but at least they come bearing pizza. Founded in 2015, Zume Pizza uses robotics and artificial inte.....»»

Category: topSource: businessinsiderAug 11th, 2018

Robots set to take over HALF of all workplace tasks by 2025

A new report by the World Economic Forum predicts 75 million jobs will go to robots by 2025. Buzz60's T.....»»

Category: topSource: usatodaySep 17th, 2018

Jack Ma: Alibaba no longer plans to create 1 million US jobs

Jack Ma, the founder and chairman of Alibaba, says that the Chinese retail giant no longer promises to create 1 million U.S. jobs in the wake of an escalating trade conflict......»»

Category: topSource: moneycentralSep 19th, 2018