Tariff Shock Last week, President Joe Biden announced higher tariffs aimed at Chinese electric vehicles and components, including a 100% tariff on all Chinese EVs, and a 25% levy on EV batteries and parts produced in the country. These changes are intended to help shore up U.S. jobs and reduce economic reliance on China. But…Read more
SoFi Hong Kong Blog
It’s hard enough to choose a major in college. But now economists believe you may be better served picking two! Choosing a double major could be the secret to protecting yourself from disruptions to the job market, as wages of workers with dual majors are more resistant to market shocks, according to a working paper…Read more
The labor market is growing increasingly reliant on artificial intelligence, and not just because of automated jobs. AI has become a prominent tool in many companies’ recruitment processes — but it may be making the process worse for everyone involved. Reconfigured Recruitment The use of AI in recruitment is widespread. Only 15% of companies aren’t…Read more