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https://financialpost.com/fp-work/americans-with-degrees-unemployed-workers
Thursday's labour figures showed young Americans are bearing the brunt of the recent rise in joblessness
Americans with four-year college degrees now comprise a record 25 per cent of total unemployment, underscoring a sharp slowdown in white-collar hiring this year.
Government-shutdown delayed monthly figures published Thursday by the United States Bureau of Labor Statistics showed the unemployment rate for bachelor's degree-holders rose to 2.8 per cent in September, up a half-percentage point from a year earlier. Other levels of education, by contrast, registered little or no increase over the same period.
There were more than 1.9 million Americans aged 25 and over with at least a bachelor's degree who were unemployed in September — one in four of the total number of unemployed. Before 2025, the ratio never reached such a high in data going back to 1992. Younger, recent college grads have also been struggling to find work.
Rising unemployment among the college-educated "should further fuel AI-related job loss fears," Michael Feroli, the chief U.S. economist at JPMorgan Chase & Co., said Thursday in a note following the release.
The milestone comes amid a raft of high-profile layoff announcements from major corporations including Amazon.com, Target Corp. and Starbucks Corp. A recent report by the outplacement firm Challenger, Gray & Christmas indicated job-cut announcements last month were the highest for any October in more than 20 years, fuelled by plans to replace positions with artificial intelligence.
(Score: 1) by khallow on Sunday November 30, @05:01PM (2 children)
Regulating the color of plastics? What about that indicates "brains enough"?
My view on this is that when your business model requires such a ridiculous level of regulation and freely given goodwill of people subject to this mess, then you need a new business model. How much indifference, much less active sabotage, will it require in order to render any plastics recycling effort useless?
If you can't make single stream work, then wait until you can.
(Score: 2) by aafcac on Sunday November 30, @08:33PM (1 child)
It's not ridiculous, it's far easier to ensure that things leaving the factory are properly labeled than expecting customers and businesses to know if it's recyclable or not. This burden should always have been on the manufacturers and factories to address as comparatively little of the problem is the direct result of customers.
I totally agree with you about single stream, I genuinely wish I could go back to sorting into 3 bins with relatively clear rules about what goes in which bin. I do think that eventually single stream will get good enough, but things like ensuring that the materials come out of the factory in an easier to sort way is key to getting that working more quickly.
(Score: 1) by khallow on Tuesday December 02, @03:38AM
The labels are accurate though. The dyed plastic is indeed recyclable. It's just that the recycling infrastructure doesn't want to recycle the plastic in question.