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🚨 ALERT: Older workers are returning to the US labor market at the fastest pace in over a decade.
⚡ $ZAMA $OG $AUCTION ⚡
Workers aged 65 and older now account for 0.8% of all new hires, up from 0.5% in 2022. Meanwhile, the share of workers under 25 in new positions has dropped 6 percentage points, reaching 9%, the lowest in at least 10 years. The average age of new hires has risen 2 years since 2022, now exceeding 42 years in 2025.
Service-intensive and people-facing roles are aging the fastest, as employers increasingly prioritize experience and expertise over hiring younger candidates. This trend underscores a slowing labor market, where employers are becoming more selective, favoring proven workers over investing in training new hires.
From a broader economic perspective, the shift in hiring patterns may influence productivity, wage structures, and workforce dynamics in the coming years.
#LaborMarket #Employment #USjobs #WorkforceTrends #ZebuxMedia
⚡ $ZAMA $OG $AUCTION ⚡
Workers aged 65 and older now account for 0.8% of all new hires, up from 0.5% in 2022. Meanwhile, the share of workers under 25 in new positions has dropped 6 percentage points, reaching 9%, the lowest in at least 10 years. The average age of new hires has risen 2 years since 2022, now exceeding 42 years in 2025.
Service-intensive and people-facing roles are aging the fastest, as employers increasingly prioritize experience and expertise over hiring younger candidates. This trend underscores a slowing labor market, where employers are becoming more selective, favoring proven workers over investing in training new hires.
From a broader economic perspective, the shift in hiring patterns may influence productivity, wage structures, and workforce dynamics in the coming years.
#LaborMarket #Employment #USjobs #WorkforceTrends #ZebuxMedia
Tesla Faces Class Action Over 'Wage Theft' Amid Preference For H-1B Workers Following Elon Musk's Push To Optimize Visa Practice ⚪️
Tesla is facing a proposed class action in federal court accusing the electric vehicle maker of favoring foreign visa holders over U.S. citizens in hiring and firing decisions, a practice plaintiffs allege allows the company to pay lower wages.
Tesla shares were up 7.36% during Friday's regular session and down 0.0.99%, according to Benzinga Pro.
The lawsuit, filed Friday in San Francisco federal court, claims Tesla systematically discriminates against American workers in violation of civil rights law.
According to the complaint, Tesla hired an estimated 1,355
H-1B visa holders in 2024 while laying off more than 6,000 domestic employees, "the vast majority" believed to be U.S. citizens.
Plaintiffs Scott Taub, a software engineer and Sofia Brander, a human resources specialist, say they were denied interviews at Tesla after disclosing they did not require sponsorship.
Taub said he was told one position was "H1B only," while Brander alleged she was passed over despite previously working for Tesla as a contractor.
The complaint argues that Tesla prefers H-1B visa workers because they can be paid less than U.S. employees for equivalent work — a practice the plaintiffs call "wage theft."
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#TeslaNews #EmploymentLaw #ClassAction #WorkforceTrends #ElonMusk
Tesla is facing a proposed class action in federal court accusing the electric vehicle maker of favoring foreign visa holders over U.S. citizens in hiring and firing decisions, a practice plaintiffs allege allows the company to pay lower wages.
Tesla shares were up 7.36% during Friday's regular session and down 0.0.99%, according to Benzinga Pro.
The lawsuit, filed Friday in San Francisco federal court, claims Tesla systematically discriminates against American workers in violation of civil rights law.
According to the complaint, Tesla hired an estimated 1,355
H-1B visa holders in 2024 while laying off more than 6,000 domestic employees, "the vast majority" believed to be U.S. citizens.
Plaintiffs Scott Taub, a software engineer and Sofia Brander, a human resources specialist, say they were denied interviews at Tesla after disclosing they did not require sponsorship.
Taub said he was told one position was "H1B only," while Brander alleged she was passed over despite previously working for Tesla as a contractor.
The complaint argues that Tesla prefers H-1B visa workers because they can be paid less than U.S. employees for equivalent work — a practice the plaintiffs call "wage theft."
-
🔸 Like & Follow for tech, biz, and market light
#TeslaNews #EmploymentLaw #ClassAction #WorkforceTrends #ElonMusk
UK WORKFORCE SHRINKS SHARPLY AS AI TAKES HOLD
AI DRIVES WHITE-COLLAR JOB CUTS
JOB OPENINGS DOWN 31% SINCE MARCH
The UK job market is under pressure as AI reshapes entire sectors. McKinsey reports a 31% drop in online job postings over the last 3 months compared to 2022, with white-collar roles in tech and finance hit hardest—declining 38%, nearly double other sectors.
AI is replacing entry-level tasks, slashing opportunities for programmers, analysts, and consultants. Permanent job placements in June recorded their steepest drop in nearly two years, while job-seeker numbers surged.
Analysts warn that the rapid rollout of AI, combined with tax hikes and a sluggish economy, is forcing firms to freeze hiring or automate aggressively. Meanwhile, low-tech sectors like real estate and education remain relatively stable.
#AIImpact #UKJobsCrisis #WorkforceTrends #AutomationWave #McKinseyReport
JOB OPENINGS DOWN 31% SINCE MARCH
The UK job market is under pressure as AI reshapes entire sectors. McKinsey reports a 31% drop in online job postings over the last 3 months compared to 2022, with white-collar roles in tech and finance hit hardest—declining 38%, nearly double other sectors.
AI is replacing entry-level tasks, slashing opportunities for programmers, analysts, and consultants. Permanent job placements in June recorded their steepest drop in nearly two years, while job-seeker numbers surged.
Analysts warn that the rapid rollout of AI, combined with tax hikes and a sluggish economy, is forcing firms to freeze hiring or automate aggressively. Meanwhile, low-tech sectors like real estate and education remain relatively stable.
#AIImpact #UKJobsCrisis #WorkforceTrends #AutomationWave #McKinseyReport
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