Outlook for the Tech Labor Market

Published

2 years ago

May 3, 2024

The US jobs report for April came in softer than expected, with nonfarm payrolls advancing 175 thousand last month, the smallest gain in six months. The unemployment rate also ticked up to 3.9% and wage gains slowed. Reach Capital Partner Jomayra Herrera joins Ed Ludlow to break down what the report means for tech jobs, and to explain why we tend to be bad at predicting what types of jobs will be created following large technology shifts like that of generative AI. She speaks on “Bloomberg Technology.”
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14 Comments

@Holdontight1123

May 3, 2024 at 3:51 pm

????????????????????????????????????????

Reply
@JohnSmith-kw1qj

May 3, 2024 at 6:45 pm

Anti-Flag – Bullshit Opportunist

Anti-Flag – MODERN META MEDICINE ft. Jesse Leach

Anti-Flag – The W.T.O. Kills Farmers (Dirty Version)

Anti-Flag – WORK & STRUGGLE

Anti-Flag – ONLY IN MY HEAD

Reply
@hkiajtaqks5253

May 4, 2024 at 2:35 am

What is tech “labor”?

Reply
- @swaggitypigfig8413
  
  May 4, 2024 at 3:23 am
  
  People in tech jobs obviously
  
  Reply
- @mstar7520
  
  May 4, 2024 at 4:22 am
  
  labor is just another word for work, so they’re talking about tech “jobs”.
  
  Reply
- @redwithblackstripes
  
  May 4, 2024 at 4:25 am
  
  it means automated ad sells maintenance person
  
  Reply
- @jonron3805
  
  May 4, 2024 at 5:55 am
  
  Just what it is in other sectors. The people who work at building the core product/service.
  
  Reply
- @martinjrtremblay
  
  May 4, 2024 at 7:26 am
  
  It means BS jobs
  
  Reply
@aaraonhon

May 4, 2024 at 11:16 am

Hired at a premium and fired at an instance like an investment bank

Reply
@xxxx-tb4de

May 4, 2024 at 11:23 am

Hired too many people in the last of couple of years in technology. It is no surprise they are cutting. In fact, it is surprising they took so long. Still so much excess and I see so many employed have nothing to do for days at a stretch.

Reply
- @LifeWithRilla
  
  May 5, 2024 at 11:54 am
  
  Idk where you’re working but i see the opposite.
  
  Reply
@Zero11_ss

May 4, 2024 at 1:05 pm

College grads all crying and getting news coverage, meanwhile the unemployment rate for high school grads is double theirs and we have nonstop illegals coming in and keeping their wages from even rising by the rate of inflation.

Reply
@denysolleik9896

May 4, 2024 at 4:56 pm

The lipstick has worn off.

Reply
@CryptoNewsNetwork_

May 5, 2024 at 10:36 am

????????????????

Reply

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