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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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CNET

iPhone Duo Livestream: How Many Folds Can Apple’s Phone Take? Day 14

Apple’s iPhone Duo is out and we want to see how durable it is. So we built a robot to fold it 20,000+ times a day to test its limits. How long do you think it will last? 100,000 folds? 200,000 folds? 500,000 folds? Tune in and watch the testing live. We’ll have CNET’s editors…

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Apple’s iPhone Duo is out and we want to see how durable it is. So we built a robot to fold it 20,000+ times a day to test its limits. How long do you think it will last? 100,000 folds? 200,000 folds? 500,000 folds? Tune in and watch the testing live. We’ll have CNET’s editors online to answer any of your questions.

Join us weekdays from 10:00 AM – 2:00 PM PT / 1:00 PM – 5:00 PM ET

Read more about the iPhone Duo Folding Test on CNET.com
We Answer 16 Questions About Folding the iPhone Duo Hundreds of Thousands of Times

The iPhone Duo Is Now in Our Custom-Made Foldable Phone Test Machine. Will It Beat the Galaxy Fold 8?

iPhone Duo Review: Late to the Foldable Party, but It Steals the Show

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Bloomberg Technology

Jensen Huang Ousted By Nvidia Board As CEO

Bloomberg’s Ed Ludlow breaks down the news of Jensen Huang ousted from his post as Nvidia CEO after reports of two affairs, including one with a woman US officials reportedly suspected of spying for China. Now investors are confronting a question that barely existed days ago: what is Nvidia without Jensen Huang? 00:00:00 – Bloomberg…

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Bloomberg’s Ed Ludlow breaks down the news of Jensen Huang ousted from his post as Nvidia CEO after reports of two affairs, including one with a woman US officials reportedly suspected of spying for China. Now investors are confronting a question that barely existed days ago: what is Nvidia without Jensen Huang?

00:00:00 – Bloomberg Tech Begins
00:01:11 – Ian King on Jensen Huang ousted by Nvidia
00:03:37 – Ryan Vlastelica on Nvidia slides as Huang
00:06:51 – Sara Araghi, Franklin Templeton on Nvidia CFO interm CEO
00:14:14 – Mandeep Singh on Tech Stocks Waiver after Huang Ousting
00:18:55 – Brian Mulberry, Zacks Investments on Nvidia
00:24:35 – Emily Chang on Nvidia Faces Future Without Huang
00:31:19 – Michael Shepard on Nvidia Faces Justice Dept Probes
00:35:11 – Christina Clark, Miller & Chevalier on Huang affair with alleged Chinese spy
00:41:44 – Carmen Reinicke on Nvidia ousted Huang
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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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Former Prosecutor Breaks Down Nvidia’s Legal Exposure

Questions remain over the potential legal and national security fallout for Nvidia and former CEO Jensen Huang following revelations about Huang’s relationship with a woman alleged to have ties to Chinese intelligence. Miller & Chevalier partner and former federal prosecutor Christina Clark explains how counterintelligence and criminal investigations could proceed in parallel and why Nvidia’s…

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Questions remain over the potential legal and national security fallout for Nvidia and former CEO Jensen Huang following revelations about Huang’s relationship with a woman alleged to have ties to Chinese intelligence. Miller & Chevalier partner and former federal prosecutor Christina Clark explains how counterintelligence and criminal investigations could proceed in parallel and why Nvidia’s independent board investigation may represent only one piece of a broader government inquiry. She joins Ed Ludlow on “Bloomberg Tech.”
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