searching.

1 in 4 unemployed people, or 1.8 million Americans, have been job searching for over half a year. Goldman Sachs says it is using AI to “limit future head count growth,”

1 in 4 unemployed Americans is stuck in the trap. After 6 months:→ Employer callback rates drop ~45%→ ATS systems flag the gap automatically→ Network connections go cold→ Savings run out The job market seems to be structurally punishing people …

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Airlines Sell 5 Billion Plane Ticket Records to the Government For Warrantless Searching

https://www.404media.co/airlines-sell-5-billion-plane-ticket-records-to-the-government-for-warrantless-searching/ A data broker owned by the country’s major airlines, including American Airlines, United, and Delta, is selling access to five billion plane ticketing records to the government for warrantless searching and monitoring of peoples’ movements, including by the FBI, …

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SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high.

Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ TLDRS: The Federal Reserve Bank of New York’s July 2024 SCE Labor Market Survey reveals significant changes in the job market, with 28.4% of individuals actively searching for jobs, the highest level since the survey’s inception in 2014. The …

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