jobs

CIO Upside

Shrinking IT Teams Increasingly Rely on AI Helpers

Photo by Getty Images via Unsplash

By 2030, Gartner projects that 25% of IT work will be done solely by AI; the remaining 75% will be done by humans, but augmented by AI.

2 min read

Photo via BONNIE CASH/UPI/Newscom

Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read
Photo via Olivia Sun/ZUMAPRESS/Newscom

Indicators

Private Employers Add 42,000 Jobs, Marking First Net Gain Since Summer

Overall employment was likely roughly flat in October due to layoffs in the federal government amid the longest shutdown in history.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read

Indicators

Amazon Job Cuts Broaden Big Tech’s Layoff Barrage

Photo via CentralITAlliance

When layoffs rise, people spend less, which leads to tighter bottom lines and more layoffs. Wash, rinse, and repeat.

2 min read

CIO Upside

The Risky Business of Replacing Human Workers With AI

Photo by Tima Miroshnichenko via Pexels

‘What is our obligation to our people?’

2 min read

Markets

Midday Market Brief: Hiring Freeze

Photo illustration by Connor Lin / The Daily Upside

The job openings report for April fell to its lowest level in about three years, giving investors pause about the impact on profits.

1 min read

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