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#labormarket

2 posts2 participants0 posts today

Eurozone unemployment remains at a historic low despite weak economy.

The European Union’s unemployment rate was 5.8% in January 2025 and 6.2% for the eurozone, according to Eurostat.

Both figures remained at a historic low for the fourth month in a row, despite the weakness of the eurozone economy. The region's GDP remained stable in the three months to 31 December, compared with the previous quarter.

mediafaro.org/article/20250304

euronews · Eurozone unemployment remains at a historic low despite weak economyThe eurozone labour market showed resilience following the region’s sluggish economic performance in the last quarter of 2024.

Eurozone unemployment remains at a historic low despite weak economy.

The European Union’s unemployment rate was 5.8% in January 2025 and 6.2% for the eurozone, according to Eurostat.

Both figures remained at a historic low for the fourth month in a row, despite the weakness of the eurozone economy. The region's GDP remained stable in the three months to 31 December, compared with the previous quarter.

mediafaro.org/article/20250304

euronews · Eurozone unemployment remains at a historic low despite weak economyThe eurozone labour market showed resilience following the region’s sluggish economic performance in the last quarter of 2024.

[en] Historical look at #technological #disruption

"... the research also uncovered a recent shift ... trends driven, at least partly, by AI"

"... surprise appeared in the data. From 2019 onward, Deming said, it looks like things were changing quite a lot."

"Everybody should be thinking about #AI, no matter what they do for a living"

news.harvard.edu/gazette/story

#ResearchHighlights #harvard #artificialintelligence #labour #labourmarket #labor #labormarket #jobloss @research @science

Harvard Gazette · Is AI already shaking up labor market?By Christy DeSmith
Continued thread

Economists had been watching to figure out whether the #LaborMarket slowdown was signaling a rebalancing of #labor market dynamics or an impending recession.

“This is what one expects at full employment as the #economy expands at a robust level,” said Joe Brusuelas, chief economist at RSM US LLP. “It’s absolutely consistent that firms should slow the pace of hiring at this time,” he added.

How does algorithmic management influence working conditions? And can the concept of "algorithm governance" help us better understand how #labor platforms govern #work?

Read this new paper by Valeria Pulignano (KU Leuven):

➡ doi.org/10.34669/WI.WJDS/4.3.6

via Weizenbaum Journal of the Digital Society #wjds #openaccess #AlgorithmManagement #AlgorithmGovernance #PlatformWork #DigitalLabor #GigEconomy #WorkConditions #LaborMarket #EmploymentForms #LaborRegulation #research #sociology #socialscience