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Meta to Build $10B AI Data Center in Northeast Louisiana

A transformational investment that cements the state’s status as a major innovation hub and puts this picturesque rural community on the leading edge of a global digital revolution. Meta projects the data center will support 500 or more direct new jobs in Richland Parish. Louisiana Economic Development (LED) estimates the project will result in the creation of more than 1,000 indirect jobs, for a total of more than 1,500 potential new jobs in the Northeast Region. The company estimates 5,000 construction workers at peak of construction on the 2,250-acre former Franklin Farm megasite that sits between the municipalities of Rayville and Delhi, about 30 miles east of Monroe. Meta to Build $10B AI Data Center in Northeast Louisiana – electrifiED

ABC: Nonresidential Construction Adds Solid 27,900 Jobs in January

The construction industry added 33,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 44,000 jobs, an increase of 0.5%. Nonresidential construction employment expanded by 27,900 positions, with gains in 2 of the 3 subcategories. Nonresidential specialty trade added 25,100 jobs, while nonresidential building added 3,600 new positions. Heavy and civil engineering lost 800 jobs in January. The construction unemployment rate was 6.9% in January. Unemployment across all industries decreased to 4.3% and is 0.3 percentage points higher than one year ago. ABC: Nonresidential Construction Adds Solid 27,900 Jobs in January

20 States and D.C. Add Construction Jobs in December

Construction employment rose in 34 states and the District of Columbia over the past year, while 20 states and D.C. added jobs between November and December, according to an analysisof new federal data released today by the Associated General Contractors of America.  California lost the most construction jobs during the past 12 months (-19,800 jobs, -2.2 percent), followed by New York (-15,700 jobs, -4.1 percent), Washington (-11,600 jobs, -5.2 percent), Nevada (-10,500 jobs, -9.3 percent), and New Jersey (-10,200 jobs, -6.2 percent). The largest percentage loss was in Nevada, followed by New Jersey, Washington, New York, and Vermont (-3.7 percent, -600 jobs).  20 States and D.C. Add Construction Jobs in December – tEDmag

America Signs Semiconductor Trade Deal with Taiwan

This unprecedented commitment will strengthen U.S. economic resilience, create high-paying jobs, and bolster national security. The agreement establishes a strategic economic partnership between the United States and Taiwan to decisively strengthen U.S. domestic semiconductor supply chains and secure America’s technological and industrial leadership. Taiwan will facilitate U.S. investment in the Taiwanese semiconductor, AI, defense technology, telecommunications, and biotechnology industries to expand market access for American companies, deepen technological collaboration, and strengthen U.S. leadership in critical and emerging industries. The agreement will enhance balanced trade through a predictable tariff framework. America Signs Semiconductor Trade Deal With Taiwan – electrifiED

The Boss Has a Message: Use AI or You’re Fired by Lindsay Ellis

At companies big and small, employees have feared being replaced by AI. The new threat: Being replaced by someone who knows AI. Rank-and-file employees across corporate America have grown worried over the past few years about being replaced by AI. Something else is happening now: AI is costing workers their jobs if their bosses believe they aren’t embracing the technology fast enough. From professional-services firms to technology companies, employers are pushing their staffs to learn generative AI and integrate programs like ChatGPT, Gemini or customized company-specific tools into their work. They’re sometimes using sticks rather than carrots. Anyone deemed untrainable or seen as dragging their feet risks being weeded out of hiring processes, marked down in performance reviews or laid off. Companies are putting their workers on notice about their AI skills amid a wave of white-collar job cuts. Some companies are training people in how to use the tools—but leaving it up to them to figure out what to use them for. There are countless possibilities for how to deploy AI. Some businesses have required training classes or set up help desks to coach employees on how to incorporate AI into their work. Others are putting the onus on staff to think creatively about how to make money or save time with the tech. That can prompt exciting innovations—or it may come at the expense of getting work done. Or both.    The Boss Has a Message: Use AI or You’re Fired – WSJ

Stellantis Says It will Invest $13B to Expand Its US Operations, Adding More Than 5,000 Jobs by Alex Veiga

Stellantis says it will invest $13 billion over the next four years to expand its manufacturing capacity in the United States, a move that the automaker says will increase its domestic vehicle production by 50% and add more than 5,000 jobs. The world’s fourth-largest carmaker said Tuesday the investment will support the introduction of five new vehicles, including a Dodge Durango to be built in Detroit and a midsize truck to be assembled in Toledo, Ohio. The new jobs will be spread across plants in Illinois, Ohio, Michigan and Indiana.  Stellantis says it will invest $13B to expand its US operations, adding more than 5,000 jobs | AP News

Faster Economic Growth, Weaker Hiring Seen by Harriet Torry and Anthony DeBarros

Prospects for U.S. economic growth are looking up, as investment in artificial intelligence booms and risks around tariffs diminish, according to economists surveyed by The Wall Street Journal. Even as the economists have raised estimates for economic growth, they have lowered prospects for jobs. Behind the strange dichotomy: Employers are reluctant to hire given political uncertainty and rising costs, even as their investment, especially in AI, is boosting productivity and economic growth.  That slower job growth, however, won’t translate into notably higher unemployment, because the Trump administration’s crackdown on immigration is reducing the supply of workers. Economists expect the jobless rate to hover around 4.5% over the next year. It was 4.3% in August.  tCTlJoMg7sMgno0naAXk-WSJNewsPaper-10-13-2025.pdf

Walmart CEO Issues Wake-Up Call on AI

Walmart executives aren’t sugar coating the message: Artificial intelligence will wipe out some jobs and reshape the company’s workforce.  For now, Walmart executives say the transformation means the size of its global workforce will stay roughly flat even as its revenue climbs. It plans to maintain its headcount of around 2.1million global workers over the next three years, but the mix of those jobs will change significantly, said Donna Morris, Walmart’s chief people officer. What the composition will look like remains murky.  Though there is plenty of anxiety among workers and leaders, many executives say the U.S. labor market remains healthy and they don’t anticipate widespread unemployment because of AI.  89qCx6UzCDStQHAyWTf5-WSJNewsPaper-9-29-2025.pdf

These AI-Skilled 20-Somethings Are Making Hundreds of Thousands a Year

It’s a tough time to be a young person looking for a job—unless you’re in artificial intelligence. While AI is part of the reason for the doldrums, there is a bright spot when it comes to workers with actual experience in machine learning. They’re in their early 20s, they have AI know-how, and a bunch of them are making $1 million a year.  Base salaries for nonmanagerial workers in AI with zero to three years experience grew by around 12% from 2024 to 2025, the largest gain of any experience group, according to a new report by the AI staffing firm Burtch Works, which analyzed the compensation of thousands of AI and data-science candidates. The report also found that people with AI experience are being promoted to management roles roughly twice as fast as their counterparts in other technology fields. They’re jumping the ladder as a result of their skills and impact instead of their years on the job. These AI-Skilled 20-Somethings Are Making Hundreds of Thousands a Year – WSJ

Trump Announces ‘Massive’ Trade Deal with Japan with 15% Tariffs by Lim Hui Jie

President Donald Trump on Tuesday stateside announced that he had made the “largest Deal ever” with Japan, that involves “reciprocal” tariffs of 15% on the country’s exports to the U.S.

  • Trump said that Japan will invest $550 billion into the United States, adding that the U.S. will “receive 90% of the Profits.”
  • He also said Japan will “open their Country to Trade including Cars and Trucks, Rice and certain other Agricultural Products, and other things.”
  • The U.S. president added that the deal would also create “Hundreds of Thousands of Jobs.”  Trump announces ‘massive’ trade deal with Japan with 15% tariffs

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini