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Outlook for the Tech Labor Market

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,…

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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

14 Comments

  1. @Holdontight1123

    May 3, 2024 at 3:51 pm

    😍🥰🥰🥰🥰😍😍😍😍😍

  2. @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

  3. @hkiajtaqks5253

    May 4, 2024 at 2:35 am

    What is tech “labor”?

    • @swaggitypigfig8413

      May 4, 2024 at 3:23 am

      People in tech jobs obviously

    • @mstar7520

      May 4, 2024 at 4:22 am

      labor is just another word for work, so they’re talking about tech “jobs”.

    • @redwithblackstripes

      May 4, 2024 at 4:25 am

      it means automated ad sells maintenance person

    • @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.

    • @martinjrtremblay

      May 4, 2024 at 7:26 am

      It means BS jobs

  4. @aaraonhon

    May 4, 2024 at 11:16 am

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

  5. @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.

    • @LifeWithRilla

      May 5, 2024 at 11:54 am

      Idk where you’re working but i see the opposite.

  6. @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.

  7. @denysolleik9896

    May 4, 2024 at 4:56 pm

    The lipstick has worn off.

  8. @CryptoNewsNetwork_

    May 5, 2024 at 10:36 am

    🥰🥰🥰🥰

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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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