In a statement, the governor of New York, Kathy Hochul, reported that more than 18,000 jobs were discovered in various sectors, ranging from technology to agriculture, with the collaboration of nearly 400 employers willing to hire immigrants who have obtained their work permits in the United States.

Governor Hochul directed the state Department of Labor on August 24 to collaborate with employers and determine which vacancies could be filled by immigrant workers, with the goal of providing them an opportunity to leave the shelters in which they have been since their arrival in New York.

This news comes in the context of the announcement made by President Joe Biden’s Administration on August 21, in which the granting of work permits to Venezuelan immigrants was announced. This measure will have a significant impact in New York, which has welcomed more than 100,000 undocumented immigrants in the last year, many of them from Venezuela.

Half of these immigrants are still in the city’s care, triggering a humanitarian and fiscal crisis of significant proportions.

K. Tovar

Source: Bancaynegocios

(Reference image source: PTTI EDU, Unsplash)

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La entrada New York announced that there are more than 18,000 jobs for immigrants apareció primero en Bitfinance.

The US economy generated 187,000 new non-agricultural jobs during the month of August, a figure higher than the 157,000 new jobs created in July, although the unemployment rate rose three tenths, up to 3.8 %, according to published data. this Friday by the Department of Labor.

Thus, the US labor market continues to show signs of strength and has created jobs for 32 consecutive months, especially in the health, leisure and hotel, social assistance and construction sectors. Although the data for August is below the average of 271,000 jobs for the last 12 months, this represents a revitalization of hiring.

Especially when the Labor Department has reported that it has revised downward the data for the previous two months, lowering June by 80,000 jobs, from 185,000 to 105,000, and July by 30,000, from 187,000 to 157,000. With these revisions, 110,000 jobs disappeared compared to what was previously reported.

In the case of the unemployment rate, the data stood at 3.8 % in August, compared to 3.5 % the previous month. Thus, the unemployment rate in the United States has fluctuated between 3.4 % and 3.8 % so far in 2023.

The number of unemployed reached 6,355 million in the eighth month of the year, compared to 5,841 million in July, including 1,296 million long-term unemployed (those without work for 27 weeks or more), which represented 20.4 % of the total number of unemployed

On its side, the number of people employed part-time for economic reasons increased by 221,000, up to 4.221 million in August. Likewise, the labor force participation rate stood at 62.8%, two tenths more.

Source: dpa

(Reference image source: Marten Bjork, Unsplash)

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La entrada US jobs increased by 3.8 % in August apareció primero en Bitfinance.

The European Commission projects that “extended reality” (technology that allows you to interact with virtual worlds) will generate 860,000 jobs in Europe by 2025.

Extended reality, also known as RX, encompasses immersive technologies such as virtual reality, augmented reality, and mixed reality. The European Commission considers it an “important technology enabler” for virtual worlds, it announced on July 11.

Europe has decided to embark on the race to become a world leader in Web 4.0 and virtual worlds. This new Internet will influence the way people live together and will bring many benefits. It is crucial that we put people at the center and shape this technology in accordance with our digital principles and rights in the European Union.

The Commission affirms that a significant impact on employment is expected, forecasting the creation of between 1.2 and 2.4 million direct or indirect jobs in other sectors by 2025.

However, the Commission acknowledges that most of the innovation around the Metaverse is currently taking place in the United States, China and South Korea.

“Unlike these countries, in the EU we do not have tech giants leading investment in the development of virtual worlds in the next decade.” While most of the VR and AR market activity in Europe is focused on gaming, media and entertainment, there are plenty of opportunities in other sectors such as retail, healthcare, military and defense, and the manufacturing industry.

The Commission stresses that virtual worlds, enabled by RX technology, will be one of the key technologies for the “next generation” of the World Wide Web, known as Web 4.0. In this new phase, physical and digital objects will come together in virtual environments in real time.

“We are witnessing a major technological transition: Web 4.0. Virtual worlds are a key element of Web 4.0 as they have the potential to revolutionize people’s daily lives and offer a wide range of opportunities in various business environments. and industrial”.

Some examples of these opportunities include the use of virtual worlds to train surgeons in complex medical procedures, the use of “digital twins” to preserve cultural heritage buildings, and even the use of 3D models to address the problem of global warming.

K. Tovar

Source: Cointelegraph

(Reference image source: Unsplash+)

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La entrada Extended reality will generate more than 800 thousand jobs in Europe apareció primero en Bitfinance.

Generative Artificial Intelligence (AI) is already used by 70 % of marketing managers from different companies in their jobs, while another 19 % are testing it, according to a study carried out by the Boston Consulting Group (BCG), which also highlights that these tools are used mainly for the personalization of offers and content.

Specifically, it details that some banks are using generative AI to analyze customer data and offer personalized investment advice that matches their risk appetite, while other types of businesses use this technology to create hyper-personalized recommendations that attract buyers, either to get better conversion rates or to achieve greater customer loyalty.

Other uses of generative AI tools are content creation, to support the work of creatives or to speed up processes, and market segmentation, making campaigns target customers with greater precision, improving the resource allocation and ROI.

The report, based on interviews with 200 chief marketing officers (CMOs) from various industries in eight countries across North America, Europe and Asia, highlights the rapid proliferation of long language models and how they are impacting the marketing industry. “No technology has reached 100 million users faster than ChatGPT, which crossed that threshold in just two months, much faster than Instagram, which took two and a half years,” the text details.

“The growing adoption of generative AI in marketing highlights its strategic importance rather than just a fleeting trend”, said Amaryllis Liampoti, BCG partner who leads the BCG X Growth team, who explains that “although the use of AI in marketing is not entirely new, today’s capabilities have reached an unprecedented magnitude. We are witnessing a true quantum leap in the ability of AI to drive personalization, precise targeting and content creation at scale.”

Source: dpa

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La entrada At least 70 % of business marketing already uses generative AI apareció primero en Bitfinance.

The search for employment through platforms such as LinkedIn or InfoJobs is increasingly widespread among companies that, thanks to them, can alert a greater number of users about a new vacancy, as well as group the applications in a simple and orderly way.

Because users share personal data on these services, such as their name, email, what company they work for, or their profile pictures, cybercriminals have found these platforms to be the perfect target for their attacks.

These are aimed both at companies that seek to fill their available jobs, through techniques such as “deepfake”, and at the workers themselves, who end up being victims of phishing by presumably legitimate business accounts.

One of the most recent cases is that of the group of cybercriminals known as Lazarus, attributed to the main intelligence agency in North Korea, which uses this type of social network to generate initial contact with its victims.

Their modus operandi when it comes to collecting data is consistent with that carried out by other hacker groups with the aim of deceiving job seekers through job search platforms.

First of all, these cybercriminals carry out a study on the target profile to find out, among other factors, their interests, the environments in which they move, their contacts or the company they work for, among other details.

Next, the attackers carry out a tailor-made approach, that is, they personalize the first contact with their victims according to their interests in order to gain their trust.

Once they have succeeded, they take advantage of this contact with job applicants to send ‘malware’ or harmful code to their victims. These phishing attacks can include files or links intended to take over all or part of your devices.

Deployment of this malware and remote access tools (RATs) are two of the most common methods used by cybercriminals to spy on and monitor infected computers.

In this way, they can not only access, steal and share their victims’ data, but also have access to passwords and credentials for other services, such as bank accounts or digital wallets.

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Source: dpa

La entrada Cybercriminals use job sites for attacks apareció primero en Bitfinance.

During the month of July, the United States economy generated a total of 528,000 new non-agricultural jobs, double what was expected by the market consensus, while the unemployment rate fell one tenth, to 3.5 %, reported the Bureau of Labor Statistics of the Department of Labor.

In this way, the net growth of employment in July accelerated substantially with respect to the 398,000 net jobs generated in June and the 386,000 in the month of May.

“Job growth was across the board, driven by gains in leisure and hospitality, professional and business services, and health care,” the Labor Department explained.

In the month of July, the unemployment rate fell to 3.5 %, with 5.7 million unemployed, thus returning to the levels prior to the Covid-19 pandemic.

Among the unemployed, the number of long-term unemployed fell by 269,000 people in July, to 1.1 million, which is equivalent to 18.9 % of the total unemployed. This measure has thus returned to its level in February 2020.

On his side, the number of part-time employees for economic reasons increased by 303,000 people, to 3.9 million. This increase reflected an increase in the number of people whose hours were cut due to lack of work or business conditions. The number of people employed part-time for economic reasons is down from its level of 4.4 million in February 2020.

K. Tovar

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Source: CNN

La entrada The US created more than half a million jobs in July apareció primero en Bitfinance.

TikTok’s corporate parent, ByteDance, is preparing to invest large amounts of money in the development of Virtual Reality (VR) games and experiences through Pico.

The Chinese company posted a series of job posts for Pico Interactive, the Chinese manufacturer of VR headsets that the Chinese multinational acquired last year.

Among the vacancies announced on LinkedIn, where around 40 jobs are available to be filled, are those of Director of VR Strategy and Operations Manager of this type of content.

In addition to management positions, ByteDance opened a recruitment process to fill several positions focused on technical development and innovation, both on  hardware and software.

Another of the job offers is that of head of Consumer Sales, also responsible for marketing the product in the United States, which could indicate that the Chinese company is seeking to promote this business in the North American country first.

Most of these jobs are spread across Pico Studios’ West Coast branches in this country, whether in California, Seattle or San Diego.

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Source: dpa

La entrada TikTok ready to invest in virtual reality apareció primero en Bitfinance.

The number of unfilled jobs in the United States increased last March to an all-time high of 11.5 million vacancies, up from 11.34 million the previous month and more than three million above 8, 4 million as of March 2021, according to Labor Department data, which goes back to December 2000.

Thus, the number of job vacancies in the United States in the month of March practically doubled the figure of 5.952 million unemployed in March, which means 1.9 jobs available for each unemployed person.

In the private sector, the number of job vacancies increased to 10.5 million free positions, while in the public sector there were 1.04 million unfilled positions.

By sectors, the largest increase in vacancies to be covered corresponded to retail trade (+155,000), as well as the manufacture of durable goods (+50,000). By contrast, job offers decreased in transport, storage and public services (-69,000); as well as in local and state education (-43,000).

On his side, the number of job resignations also reached the highest figure in the entire historical series, with 4.5 million, an increase of 152,000 abandonments compared to the previous month, which is equivalent to a rate of 3 %.

Voluntary terminations increased mainly in professional and business services (+88,000) and construction (+69,000).

Source: dpa

La entrada US registers record 11 million job openings apareció primero en Bitfinance.

The Volkswagen Group selected Sagunt, a Spanish town in Valencia, to install its battery gigafactory, which will also serve as support for the construction of urban electric models in the Catalan town of Martorell and in the Navarran town of Landaben from 2025 and 2026.

The execution of this gigafactory will create 3,500 direct jobs by the end of the decade and will have a capacity of 40 GWh per year. Additionally, the factory will also be able to supply the Ford factory in Almussafes, due to an agreement of “European cooperation between both firms by which they undertook to develop zero-emission and light commercial models.”

The factory will become the third in Europe for the Volkswagen Group and the official announcement will be made shortly before “the company registers, together with Seat, its comprehensive electrification proposal in the Strategic Project for Economic Recovery and Transformation in the Electric Vehicle sector and Connected.“

Sagunt: an industrial estate

This gigafactory will be located in the industrial estate adjacent to the port of Sagunt called Parc Sagunt II and will have some 5.6 million square meters of land.

The space is considered industrial land, due to the “strategic environmental and territorial declaration (DATE) of the special plan for the second phase of this manufacturing area and confirmed by the Department of Ecological Transition of the Generalitat Valenciana” through a published statement last February 17.

The Generalitat stated that as a result of this environmental authorization, the region is considered a “magnificent” position to host large-scale industrial investments.

M. Rodríguez

Source: publico.es

La entrada Volkswagen will install its battery gigafactory in Sagunt apareció primero en Bitfinance.

General Motors will invest more than 7,000 million dollars in four of its plants in Michigan, United States, to expand the production capacity of batteries and electric vehicles. The company highlighted that this amount will allow the creation of 4,000 new jobs and the maintenance of 1,000 additional jobs, while indicating that it is the largest individual investment in its history.

This economic injection contemplates the construction, by the hand of Ultium Cells, of a battery cell plant in Lansing (Michigan) and the conversion of the Orion Township center for the manufacture of electric versions of the Chevrolet Silverado and GMC Sierra models.

The president and CEO of General Motors, Mary Barra, stated that this “significant investment” demonstrates the company’s commitment to strengthening its industrial presence in Michigan and the United States, as well as increasing the number of jobs “well remunerated.”

“We will have the products, the battery cell production capacity and the vehicle manufacturing capacity to be the leader in electric mobility by the middle of the decade,” assured the head of the automobile group.

General Motors investments

The investments in Orion and the creation of the new Ultium Cells plant in Lansing will serve as a boost to expand the company’s 100 % electric SUV production capacity to 600,000 units per year.  Thus, General Motors will inject 4,000 million dollars in the adaptation of the Orion center for the manufacture of the electric GMC Sierra and Chevrolet Silverado, which will use the new Ultium platform.

On the other hand, Ultium Cells, a joint venture created by General Motors and LG Energy Solution, will invest 2,600 million dollars in the construction of its third battery cell manufacturing plant in the United States. It will allow the creation of 1,700 new jobs a once it is fully operational, which is scheduled to happen at the end of 2024.

General Motors will also invest $510 million in the Lansing Delta Township Assembly and Lansing Grand River Assembly plants, which will be upgraded for new model production.

Source: dpa

La entrada General Motors will produce batteries and electric cars in the US apareció primero en Bitfinance.