World Business Report

Is the FIFA World Cup boosting the US job market?

26 min · Gisteren
aflevering Is the FIFA World Cup boosting the US job market? artwork

Beschrijving

US hospitality industry leads on new jobs growth, but is AI still impacting hiring for white-collar roles? Moscow says the Russian economy is proving resilient in the face of international sanctions - we hear how the economy hits the local business from the Russian business owner in St Petersburg. And the legacy of the co-founder of Netflix, Reed Hastings, who departs the streaming giant today after almost thirty years.

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aflevering US jobs growth way better than expected artwork

US jobs growth way better than expected

US jobs growth was way better than expected last month. The world’s biggest economy added twice as many jobs as economists had forecast: 172,000 versus predictions of around 88,000. Many of the new jobs were in the hospitality sector as pubs, bars and restaurants ramped up hiring ahead of the World Cup. The figures cover the lead up to the tournament, being jointly hosted by the US, Mexico and Canada. Plus, nearly a year after the Air India crash in Ahmedabad, the families of victims in India say they’re being paid significantly less in compensation than their counterparts in the UK. We hear from one of Vladimir Putin’s top advisers on the state of the Russian economy, and from a co-founder of the AI giant Anthropic, who says artificial intelligence needs to be reined in. Presenter: Leanna Byrne Producer: Gideon Long

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