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Goldman Sachs economist warns Gen Z tech workers are first on the chopping block as generative AI shows signs of shaking up the labor market. It would make sense for Americans to save more money in the event that generative AI replaces their job and they have to retrain for a new job. It can be time consuming and expensive to retrain for a new job if you’re already making six figures and you have to find another career that will also pay six figures. Economic uncertainties from the Trump Administration’s tariffs and inflation are also playing a part in tech workers having trouble finding jobs. 🇺🇸

Fortune

Goldman Sachs economist warns Gen Z tech workers are first on the chopping block as AI shows signs of shaking up the labor market | Fortune

Unemployment among 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, said Goldman Sachs senior economist Jos...

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What to know about the upcoming Atlanta mayoral election 🇺🇸 Atlanta’s first-term mayor and former council member Andre Dickens shocked the city by emerging as the winner of a crowded and highly watched mayoral race in 2021. So far the 2025 mayoral race looks to be crowded as well, the mayor’s competitors are: Helmut Love, a consultant; Eddie Meredith, a community advocate; Marcus Lamar, a financial manager, Walter Reeves, a former candidate for mayor; Larmetria Trammell and Kalema Jackson. 🇺🇸

ajc

5 things to know about the upcoming Atlanta elections

The mayor and all Atlanta City Council members are up for election this November. Here are some issues to be aware of.

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Is the US entering a recession or stagflation period because of the Trump Administration’s recent economic policies? Most Americans should save additional money in case they lose their jobs and have difficulty finding new jobs as many companies are now on hiring freezes.🇺🇸 “The job market is terrible,” said Douglas Holtz-Eakin, former director of the Congressional Budget Office during the George W. Bush administration. “Outside of education and health, the economy has lost private sector jobs in the past three months. That’s terrible.” Several recent economic indicators are pointing in the wrong direction – weakness in second-quarter gross domestic product and slower-than-expected growth in both the manufacturing and services sectors, for example. “Friday’s jobs report was terrible with recessionary level numbers, but slowing hiring is not new,” said Robert Ruggirello, chief investment officer, Brave Eagle Wealth Management. “While Friday’s report does not mean we are entering a recession, it shows that companies are freezing hiring and firing until there is more policy certainty and business confidence.” 🇺🇸

The Times of India

RECESSION: The 'warning sign' in the US Jobs report that enraged Donald Trump - The Times of India

Tech News : Revised employment figures from the BLS revealed a significant slowdown in hiring, prompting concerns about the US economy's health. Do...

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There are now incidents of ICE violating the rights of US citizens who are carrying proof of US citizenship. 🇺🇸 The Trump Administration is clearly mishandling immigration reform and needs to be checked by Congress. A U.S. citizen was detained after federal agents showed up at a Stater Bros. Markets store in Ontario, California. "They were shoving my head against the ground, elbowed me and they used, forcefully, a baton to really pierce my side," Angel Pina told Eyewitness News. Pina says he tried explaining to the agents that he is American, but they ignored him. "I told them where I was born, I had an ID, I had a social, I had a birth certificate," he said. "None of the ICE agents that were on scene, they didn't' care about none of that." 🇺🇸

US citizen detained after federal agents show up at Ontario Stater Bros. store | abc7.com

A%20U.S.%20citizen%20was%20detained%20after%20federal%20agents%20showed%20up%20at%20a%20Stater%20Bros.%20Markets%20store%20in%20Ontario.

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