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US Labor Market Remains Resilient, Unemployment Rate Falls

The job gains were significantly larger than expected and the unemployment rate ticked down in May. S. employers added 147,000 jobs in June and beat economists’ expectations of fewer than 118,000 new jobs as the American labor market continues to show surprising resilience despite uncertainty over President Donald Trump’s economic policies. The unemployment rate ticked down to 4.1% from 4.2% in May, the Labor Department said Thursday. US Labor Market Remains Resilient, Unemployment Rate Falls – tEDmag

Amazon CEO Says AI Will Reduce Its Corporate Workforce by Michelle Chapman

Amazon CEO Andy Jassy anticipates generative artificial intelligence will reduce its corporate workforce in the next few years as the online giant begins to increase its usage of the technology. “We will need fewer people doing some of the jobs that are being done today, and more people doing other types of jobs,” Jassy said. The executive said that Amazon has more than 1,000 generative AI services and applications in progress or built, but that figure is a “small fraction” of what it plans to build. Jassy encouraged employees to get on board with the e-commerce company’s AI plans.  Amazon CEO Says AI will Reduce its Corporate Workforce – electrifiED

U.S. Economy Shows Remarkable Resilience in Face of Trade Turmoil

The world’s most powerful economy is showing remarkable resilience in the face of enormous pressure. Employers added more jobs than many economists expected last month, and the low unemployment rate held steady. The U.S. economy contracted in the first quarter, but the result was distorted by a rush of imports that offset generally solid demand. The stock market rallied sharply from its April lows. Yet real turmoil is threatening that strong foundation. President Trump’s ever-changing tariff policies, government cuts and immigration restrictions are disrupting trade and sparking deep unease among consumers, businesses and investors. Trump’s 145% tariffs on Chinese imports are causing cargo shipments from China to plummet, prompting major retailers to warn of likely price hikes and even shortages of some goods. In early April, economists forecast the likelihood of a recession in the coming year to be twice as high as it was at the start of the year.  At the moment, however, things are still looking surprisingly good. U.S. Economy Shows Remarkable Resilience in Face of Trade Turmoil – WSJ

AI Is Coming for Your Job…Posting by Aaron Szymanski

The construction industry is struggling to keep up with the rate of change occurring in society today. To truly embrace innovation, the industry must recognize that AI isn’t working against you. It’s an agent that works with you and for you — completing monotonous tasks that humans aren’t generally good at, such as calculation and data storage. Electrical contractors have a unique opportunity to lead the way in AI adoption, and the tools available today only scratch the surface of AI’s potential. By embracing this transformative technology, electrical contractors can improve their efficiency and productivity and inspire other trades to follow suit. The future of construction isn’t about choosing between human expertise and artificial intelligence; it’s about combining both to build better, faster, and more sustainably than ever before. AI Isn’t Taking Your Electrical Job | EC&M

Apple Will Spend More Than $500 Billion in the U.S. Over the Next Four Years

Today, Apple supports more than 2.9 million jobs across the country through direct employment, work with U.S.-based suppliers and manufacturers, and developer jobs in the thriving iOS app economy. As part of its new U.S. investments, Apple teams and facilities to expand in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington, and hire 20,000 people.

  • Opening a New Manufacturing Facility in Houston
  • Doubling Apple’s U.S. Advanced Manufacturing Fund
  • Growing R&D Investments Across the U.S.
  • Supporting American Businesses with a New Manufacturing Academy in Detroit

Apple will spend more than $500 billion in the U.S. over the next four years – Apple

What Do the Colors on Bread Tags Mean? – These color-coded tags indicate the date the bread was baked and packaged.  Now that you know that the color-coded tags actually mean something, how can you remember which color means which day? Luckily there is an easy way to remember the schedule. The colors correspond to weekdays in alphabetical order: Blue (Monday), Green (Tuesday), Red (Thursday), White (Friday), then Yellow (Saturday). Maybe you just learned something you did not know…..