COVID-19 Pandemic

Is Unemployment’s Perfect Storm Approaching?

For about a year now, one of the most significant narratives in the developed world has been job losses due to the advance of AI. In every sector, AI is the heir presumptive to administration, management and research roles. This technology has even crept into the arts, confounding our notions of creativity with AI demonstrating […]

China’s Industrial Profits Slump Deepens on Soft Demand, High Costs

The slump in Chinese industrial firms’ profits deepened in the first two months of 2023, weighed by lacklustre demand and stubbornly high costs as the world’s second-largest economy struggled to fully shake the long-term effects of COVID. The sharp 22.9% contraction followed a 4.0% fall in industrial profits for the whole of 2022, data from […]