Economic Impact
11 articles
AI's Long-Term Impact: Entry-Level Jobs Shrink Amidst Leadership Concerns
Workers aged 22–25 in AI-exposed fields have experienced a 13 percent relative decline in employment, a significant shift observed since organizations began integrating artificial intelligence.
LP Jasper County mill curtailment impacts 150 jobs
In Jasper County, 150 workers at LP's oriented strand board mill face indefinite unemployment as the company halts production, signaling a stark shift in the regional economy.
Black-owned businesses surpass 200,000 by 2023
Black-owned employer businesses in the United States surged by 62% between 2017 and 2023, surpassing 200,000.
Inclusive leadership isn't just ethical, it's 2026's innovation engine.
Closing the ethnicity pay gap could unlock up to £24 billion in annual GDP gains for the UK, a substantial economic boost directly linking equitable workplace practices to national prosperity accordin
Higher education career literacy: Unlocking economic impact
A groundbreaking study analyzed over one million college syllabi from more than eight hundred US institutions, precisely connecting classroom material with detailed work activities reported by the US
Carlex plant closure impacts 325 manufacturing jobs in Vonore
By the end of September, 325 employees at Carlex Glass America's Vonore plant will be out of a job, a sudden closure that will ripple through the small Tennessee community.
Workplace stress costs $1 trillion annually, crushing retention and productivity.
More than a third (36%) of education staff in the UK had a wellbeing score indicating probable clinical depression.
Florida Offers Job Support for Displaced Spirit Workers in State
An estimated 17,000 Spirit Airlines employees globally became unemployed when the company announced its closing, according to Florida Politics .
Spirit Airlines employees seek new jobs after Saturday's shutdown
By 3 a.m. on Saturday, Spirit Airlines flights were grounded, instantly stripping thousands of employees of their jobs, health insurance, and any advance notice, according to New Orleans CityBusiness
What Is a Skills-Based Economy and How Does It Impact Work?
The skills-based economy is transforming how we define professional value, shifting focus from degrees to demonstrable capabilities. This fundamental change impacts hiring, career progression, and the future of work.
The Great Mismatch: Why Today's Graduates Face a Challenging Job Market
Recent university graduates are facing a crisis of confidence as the job market proves challenging, highlighting a significant disconnect between academic preparation and employer needs. This foundational issue demands urgent, systemic solutions to ensure a successful transition from campus to career.