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| A New Study Says a Third of All US Workers to Be Replaced with Robots by 2030 A new study predicts that up to a third of all American jobs will be lost to automation within the next 13 years. The study by McKinsey Global Institute, a think tank that specializes in business and economics, says that nearly 70 million U.S. workers would have to find new occupations by 2030. This will ...
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| Global Economy Week Ahead: US Jobs Report and Trade, Brazil Rates Decision FRIDAY: The U.S. Labor Department releases the November jobs report, days before the Federal Reserve's December monetary policy meeting Dec. 12-13. Investors are penciling in a December interest-rate increase with near certainty, and the November employment figures could provide further ...
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Wall Street week ahead: It's all about tax reform and the jobs report The biggest economic news of the week happens Friday, when we get the monthly look at the state of the U.S. jobs market. The Labor Department will release its November nonfarm payrolls report, a closely watched report that not only talks about how many jobs were created during the month but also ...
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| 'Not enough jobs.' Nine of the 30 poorest counties in US are in Eastern Kentucky. The poverty rates in nine Eastern Kentucky counties were among the 30 highest in the nation in 2016, according to new U.S. Census Bureau estimates. The rate in Owsley County was third-highest in the country, at 45.2 percent, the agency estimated. The highest rate in the U.S. was in Todd County, S.D. ...
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| Monday Memo: Latest Seattle home sales data, US jobs report Monday Memo: Latest Seattle home sales data, U.S. jobs report. Originally published December 3, 2017 at 5:00 pm. Aerials of homes in the ... Payroll processor ADP reports how many jobs private employers added in November. … The Labor Department releases revised third-quarter productivity data.
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| Keep Your Eye On November's US Jobs Report In the coming week, traders will focus on November's US Non-Farm Payrolls. Jobs report expected to 198K jobs created after rising 261K the previous month. Unemployment Rate is expected to remain flat at 4.1% compared to a month ago. Average hourly earnings will be another release to be followed ...
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| 800 jobs at risk as Toys R Us plans to close a quarter of UK stores The process, called a Company Voluntary Arrangement (CVA) is separate to the bankrupcy protection proceedings pursued by the Toys R Us parent company in the US, but the British business will need the green light from its American owners in order to go ahead. It comes as the toys and games chain ...
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| World Week Ahead: Eyes on US probe, tax bill, jobs data Aside from the latest US jobs data, and what that means in terms of potential interest rate hikes, investors will closely eye any progress on the Republican tax bill and the special US probe of Russian interference in the 2016 election. Last Friday, Wall Street sank on news that former national security ...
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| Facebook opens new London HQ, to create 800 UK jobs The new jobs, which come 10 years after the company set up its first London office, will take Facebook's total British workforce to more than 2,300 by the end of 2018, it said. Facebook, along with other U.S. digital giants including Google and Amazon, has not been deterred from expanding in London by ...
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| Diary: Oz GDP, RBA, US Jobs, Trump's Tax Plan A busy week here and offshore with interest rate decisions, US jobs data, US tax, Brexit meetings, a possible partial closure of the US government, the citizenship and same sex marriage bill in Federal Parliament and GDP reports, especially here on Wednesday. As well central banks in Brazil, Canada ...
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| Automation Could Kill 73 Million US Jobs by 2030 Automation Could Kill 73 Million US Jobs by 2030. December 04, 2017. Automation could destroy as many as 73 million U.S. jobs by 2030, but economic growth, rising productivity and other forces could more than offset the losses, according to a new report by McKinsey Global Institute. Transport Topics.
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