Why has youth unemployment risen so dramatically? It may not be AI.
Artificial intelligence can’t explain the disparity in hiring between generations, an analysis from the Federal Reserve Bank of New York noted. Source: www.hrdive.com
How a hiring algorithm is audited can disguise bias, study finds
Modern recruiting is marked by an “algorithmic monoculture” in which only a small number of vendors supply applicant screening algorithms, Stanford researchers said. Source: www.hrdive.com
Is remote work fuelling graduate unemployment?
While AI is often blamed for a decline in graduate recruitment, researchers in the US say that the growth in remote work accounts for most of the change. The post Is remote work fuelling graduate unemployment? appeared first on Personnel Today. Source: www.personneltoday.com
Managers will need OH support to tackle Neets, says SOM
Employers have been warned that efforts to cut the number of young people not in education, employment or training (Neet)… The post Managers will need OH support to tackle Neets, says SOM appeared first on Personnel Today. Source: www.personneltoday.com
Week in review: How AI will derail careers
We’re rounding up last week’s stories, from the disconnect between front-line workers and leadership to the rise of learning as an HR priority. Source: www.hrdive.com
Wage growth for salaried roles outpaces hourly ones, analysis shows
Even in hourly roles experiencing wage growth, such as in human resources, the gains fell below that seen in salaried roles, Indeed Hiring Lab found. Source: www.hrdive.com
Wells Fargo CEO: AI’s effect on employment is ‘complicated’
The bank’s biggest AI-related challenge is determining how the technology can transform its business model, Charlie Scharf said Wednesday. Source: www.hrdive.com
Former M&S chief exec to tackle UK youth unemployment
The former chief executive of Marks & Spencer, Marc Bolland, has been appointed to oversee the government’s response to Alan… The post Former M&S chief exec to tackle UK youth unemployment appeared first on Personnel Today. Source: www.personneltoday.com
Small businesses are driving the future of 401(k) adoption
Summer hiring is exposing payroll and compliance gaps many SMBs can’t afford to miss. Source: www.hrdive.com
OpenAI Foundation invests $250m to understand AI impact on jobs
The OpenAI Foundation will invest $250 million (£186m) in research aimed at understanding the impact of AI on jobs. The post OpenAI Foundation invests $250m to understand AI impact on jobs appeared first on Personnel Today. Source: www.personneltoday.com