Study: Generative AI poised to accelerate economic growth, create new jobs
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Today, the Commerce Department released a snapshot of its growth report for the first quarter. The country’s gross domestic product (GDP) grew by just 1.6 percent, its slowest pace in nearly two years. Further, inflation rates have also risen dramatically. Many economists are describing this as “the worst of both worlds.” Economists polled by Reuters […]
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What’s behind Salem’s economic growth?
he city of Salem has seen a surge of economic growth, with businesses popping up left and right and more on the way. But what's behind all of that development? And how was the city able to turn things around?
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U.S. job openings hit three-year low, showing cooling labor market
U.S. job openings fell in March to the lowest level in three years while quits and hiring slowed, indicating more softening in the labor market.