Author: automata

Mzansi’s unemployment rate remains high

The number of unemployed people in the country remains high. UNEMPLOYMENT crisis continues in Mzansi despite the unemployment rate decreasing marginally by 1,4 percentage points.

Political parties and unions have pointed out that this is not good news for millions of jobseekers, especially the youth.

StatsSA released the Quarterly Labour Force Survey (QLFS) report on Tuesday, 12 November revealing that South Africa’s unemployment rate decreased marginally by 1,4 percentage points to 32,1% (in Q3:2024). This means 294 000 jobs.Build One South Africa (Bosa) President Mmusi Maimane said his party has written to National Assembly Speaker, Thoko Didiza, on the stubbornly high […]

Reimagining Conservation Post-Cop16: The Case for a Universal Basic Income

Reimagining Conservation Post-Cop16: The Case for a Universal Basic Income

An aerial view shows Greenpeace activists working on a giant puzzle during a protest in the framework of the COP16 Summit, in Cali, Colombia on October 24, 2024. The recent 16th Conference of Parties (COP16) to the United Nations Convention on Biological Diversity, or COP16, has highlighted the urgent need to rethink conservation strategies, particularly in Latin America, where the convergence of social conflict and environmental vulnerability creates a complex, high-stakes landscape.

The global environmental crisis, manifesting in the accelerated loss of biodiversity, is exacerbated by deep socio-economic inequalities. Yet communities most affected by environmental degradation are often those that […]

Actor Song Jae-rim has died.According to the Seongdong Police Station in Seoul on the 12th, Song Jae..

Actor Song Jae-rim has died.According to the Seongdong Police Station in Seoul on the 12th, Song Jae..

Opposition lawmakers pose with pickets at the inauguration ceremony of the "National Assembly Solidarity for Impeaching Yoon Suk Yeol" held at the National Assembly Hall on the 13th. [Photo source = Yonhap News] The "National Assembly Solidarity for Impeachment of the Yoon Suk Yeol" was officially launched on the 13th, involving more than 40 lawmakers from five opposition parties, including the Democratic Party of Korea.

"The indescribable manipulation of state affairs revealed by the ‘Myeong Tae-gyun gate’ is no longer able to quell public anger," the impeachment alliance said at the launch ceremony. "We will continue to expand the impeachment […]

Assessing the Potential Impact of AI and Automation on Employment, Productivity, And Economic Growth

Recent Advances in AI-Enhanced Software Engineering and Web Services

Abstract

As artificial intelligence (AI) begins to gain traction in today’s technological world. The media, academia, and literature have all taken an interest in AI because of the buzz around its possible effects on the job market. Many have predicted a dramatic change in the character of employment in light of the concerns surrounding AI and its potential effects on the future of work. The need to understand the ethical consequences of these technical advancements has been highlighted by the progress in automation and artificial intelligence. Both the automation of cognitive functions […]

Opinion | How AI is Transforming Job Roles, the Workforce, and Employment

Artificial Intelligence (AI) has been around for quite a while, and it is increasingly improving our daily lives. From robots that greet people at shopping centres to search engines that suggest what we might like, AI is making things easier and more efficient.

AI innovations have brought many benefits across different industries. Processes are faster and more efficient, helpful technologies are now everywhere, and predictions are more accurate than ever.
Artificial Intelligence (AI) is changing jobs by creating new roles and automating everyday tasks, with 20-50 million new jobs expected by 2030, especially in fields like healthcare and pharmaceuticals. Though […]

Will AI Rule the World and Steal Our Jobs?

Will AI Rule the World and Steal Our Jobs?

[Illustration: FreePik] Many of us have used AI tools like ChatGPT, DALL-E and Mid Journey and have been blown away by what those tools can do. Interacting with ChatGPT feels like talking to a real person who can answer almost any question we can think of, explain complex topics in simple words, summarise articles and even write poetry, Shakespeare-like prose, essays and homework assignments. DALL-E and Mid Journey are capable of producing spectacular images from text prompts making artists out of people with no artistic skills. News articles have excitedly announced that AI tools have passed law, maths and […]

Denver City Council approves mayor’s 2025 budget. Here’s what it’ll fund in the coming year

Denver City Council approves mayor's 2025 budget. Here's what it'll fund in the coming year

The Denver City Council approved the city’s 2025 budget Tuesday. It’s also the tightest budget the city has seen since 2011, aside from the pandemic.

DENVER — The Denver City Council approved the city’s 2025 budget Tuesday by a vote of 13 to 0. At $1.76 billion, the budget is only slightly higher than this year’s budget. It’s also the tightest budget the city has seen since 2011, aside from the pandemic.

City officials attribute the tight budget to pandemic funding from the federal government drying up and sales tax revenue softening. Despite that, the budget funds many of Mayor Mike […]

Marzunisham Omar: Future of work in East Asia – jobs and technology

Marzunisham Omar: Future of work in East Asia - jobs and technology

Opening speech by Mr Marzunisham Omar, Deputy Governor of the Central Bank of Malaysia (Bank Negara Malaysia), at the "Future of Work in East Asia: Jobs and Technology" Workshop, organised by the Asian Institute of Chartered Bankers, Kuala Lumpur, 11 November 2024.

The views expressed in this speech are those of the speaker and not the view of the BIS.

PDF full text (10kb) | 3 pages When we talk about AI, machine learning, and automation, it is natural to focus on what these innovations can offer. Yet, many policymakers face a delicate challenge in managing the impact of technological […]

Pensions – Articles – Bridging the income gap when retiring early

Four fifths of over-50s (42%) have reduced their working hours or plan to as they approach retirement. 85% of over 50’s expect to use their State Pension to fund part of their retirement. One in five (19%) of those who have or plan to purchase a fixed term annuity do so to help plug the income gap
Three quarters (75%) of over-50s say the ability to use their pension savings to bridge any income gap between reducing their working hours or fully retiring and the State Pension kicking in is important to them, according to new research from […]

SA joblessness crisis: Despite improvement, unemployment remains stubbornly high

SA joblessness crisis: Despite improvement, unemployment remains stubbornly high

/ MEDIA STATEMENT / The content on this page is not written by Polity.org.za, but is supplied by third parties. This content does not constitute news reporting by Polity.org.za.

South Africa’s unemployment rate decreases marginally by 1.4 percentage points to 32.1% in Q3:2024. And although any improvement should be celebrated, the reality is this number remains stubbornly high.

8 million South Africans are unemployed, with no income to support their families.In terms of the expanded definition, which includes the people who have given up looking for jobs, unemployment decreased by 0.7% points but still sits at a socially unsustainable 12.2 million […]