The Federal Reserve Bank of New York says artificial intelligence is not the main driver of the US hiring slowdown. Its research lands as recruiters plan more AI screening and blue-collar data center work surges. Neither story fits the simple narrative of an AI jobs apocalypse.
Economy28 September 20264 min readSources 4
Austria will let households and companies trade self-generated electricity directly from Oct 5, under rules that take effect on Oct 1, according to pv magazine, which reported the framework on 28 September.
Economy28 September 20266 min readSources 7
AI is hiring welders, electricians and pipefitters for data centre buildouts in the US, but state and local pushback could slow that demand, CNBC reported on 26 September. Separate data shows recent graduates still face an unemployment rate of 5.7%.
Economy28 September 20266 min readSources 6
ASML sold no lithography equipment in Europe in the first half of 2026, the company's executive vice president for public affairs said on 25 September, as Europe's energy-intensive industries face rising costs and shrinking demand at home.
Economy28 September 20266 min readSources 7
The newest US labour data on AI and jobs landed on 25 September, and it complicates the story: the New York Fed says AI is not the main driver of the hiring slowdown, while employer surveys point to retraining rather than cuts.
Economy28 September 20264 min readSources 5
China's Zhejiang province published rules on 23 September letting independent grid-side batteries trade in its electricity spot market, covering 40 projects totalling 2.54 GW/5.1 GWh, according to pv magazine.
Economy28 September 20263 min readSources 5