Whether it’s robots operating in a catastrophic area, autonomous cars coming around the city, or machines that can be seen in space through satellites, clouds, fog, and fog – it’s incredibly useful – and scientists have built the best system yet. The newly developed system works through an algorithm that …
Read More »United Airlines announces biggest cut on pilot jobs in its history
CHICAGO (Reuters) – United Airlines (UAL.O) is preparing for the biggest pilot event in its history after announcing on Thursday the need to cut 2,850 pilot jobs this year, or about 21% of the total, without further US government assistance. Airlines, which are reeling from the devastating impact of the …
Read More »Trump says he has saved 51 million jobs in pandemic. Economists, US officials say otherwise
WASHINGTON (Reuters) – Standing in front of half a dozen American flags at a press conference at his country club in Bedminster, New Jersey, President Donald Trump announced what has become a central part of his November re-election argument: the treatment of his administration of the economic downturn of the …
Read More »U.S. first unemployment claims fell to $ 1 million in late August, reversing the downward trend
The numbers: New unemployment benefits fell to just over $ 1 million in late August, resuming a downward trend, perhaps signaling the resumption of a slow or painful recovery in the U.S. labor market. Initial unemployment claims, a rough measure of redundancies, were rejected by 98,000 to 1 million in …
Read More »COVID-19 and 1918 ‘Spanish flu’ have one depressing thing in common
The coronavirus of 2020 and the Spanish flu pandemic of 1918 have many differences and share many similarities, but they also combine at one point: their impact on the economy and employment, and in particular, how richer people had better opportunities to survive their respective pandemics. Both pandemics involve new, …
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