Tag: job market
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US sees strongest job growth in eight months, raising rate hike possibility
In September, the United States experienced a significant increase in employment, marking the most substantial growth in eight months. This surge in hiring was widespread, indicating a persistent strength in the labour market. This development potentially provides the Federal Reserve with the rationale to consider raising interest rates once again, although it’s worth noting that…
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India’s 5 million coders face uncertain future amid AI advancements
If the technology underlying ChatGPT were to displace software engineers, India would be the country most affected, as it is home to over 5 million coders. This prospect is causing concern for newly qualified engineers like Palash Hade, who anticipates a reduction in software jobs in India.
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About 830,000 Pakistanis left the country in 2022 in search of better jobs
The Bureau of Immigration and Overseas Employment (BE&OE) has reported a historic surge in emigrants seeking overseas employment in 2022, with a staggering 829,549 individuals registering for job opportunities abroad. Syed Agha Rafiullah, Parliamentary Secretary for Overseas Pakistanis and Human Resource Development (OPHRD), presented this data to the National Assembly on Wednesday, shedding light on…