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Young people entering the job market are facing the toughest conditions in years — but artificial intelligence isn’t the reason.A new analysis from a London-based economics consultancy suggests something much more old-fashioned is going on: Companies simply aren’t hiring.Since 2023, unemployment among new entrants to the US labor force has jumped more than 2.5 percentage points — a sharp contrast with older workers, whose jobless rates have remained flat, according to the analysis from Dario Perkins, a managing director at Global Data.TS Lombard.”For the AI maximalists, this is ‘proof’ that companies are deploying the technology rather than hiring graduates. And…

President Donald Trump is getting involved in the Netflix-Warner Bros. deal.On Friday, Netflix announced that it would acquire Warner Bros., including its TV and film studios, HBO and HBO Max, for $72 billion. If the deal goes through, it will be Netflix’s biggest acquisition to date.Speaking to reporters at the Kennedy Centre on Sunday, Trump said Netflix is a great company that has done a “phenomenal job.”But he added, “They have a very big market share, and when they have Warner Brothers, you know, that share goes up a lot.””So I don’t know, that’s going to be for some economists…

This as-told-to essay is based on a conversation with Ace Yip He Hua, an 18-year-old founder and final year student at a high school in Singapore. The following has been edited for length and clarity. Business Insider has verified her academic history.I started building my career tech startup in March, and we launched in July with the initial prototype.The product was to help with recruitment, which is a big problem in Singapore, the US, and China, where the workforce is saturated. Fresh graduates have difficulties trying to get placements into internships or jobs. I experienced that because I was looking…

Before December, Ed Bambas was among the sizable swath of older Americans still working with retirement nowhere in sight. Then, he met content creator Samuel Weidenhofer.Weidenhofer, who has 12 million followers across social media, set up a GoFundMe fundraiser for Bambas on Monday to help him leave his job at a Detroit supermarket and retire.”I’m opening a fundraiser to help Ed live the life he deserves to finally give him some relief, comfort and the peace of mind that comes from knowing he can enjoy his later years without constant struggle,” Weidenhofer wrote on GoFundMe.The fundraiser had a $1 million…

This story is based on a conversation with Katie Lynch, 41. The account has been edited for length and clarity.It’s unconventional, but I currently live on the same property as my ex-husband. When we divorced, we decided to prioritize our 9-year-old daughter, whom we had together, rather than our own needs.My other children, aged 18 and 14, also live here and get along well with their ex-stepdad. They’re from another marriage. The relationship with my first husband lasted from when I was 20 till I was 30. My second husband was from 30 to 40.When my second marriage ended, it…

Texas is popular for many reasons.The second-largest US state is the birthplace of the iconic musician Beyoncé Giselle Knowles-Carter as well as NFL star Michael Strahan and actresses Selena Gomez and Reneé Zellweger.It’s also home to a beloved football team, the Dallas Cowboys, and internationally famous festivals including South by Southwest (SXSW).Beyond its cultural significance, Texas has a reputation for its affordability, largely due to its relatively lower cost of living and absence of state income tax. This personal finance appeal, combined with a business-friendly environment, has attracted entrepreneurs and their companies over the years.Word has gotten out — and…

When I got amicably divorced five years ago, I moved to a three-bedroom apartment across the street from my old neighborhood to make the 50/50 custody arrangement easier on our two school-aged kids. I loved mostly everything about my new abode, from the layout to the location.However, as time passed, I noticed a few downsides, including thin walls, noisy upstairs neighbors, and rent that incrementally increased by a staggering $1,000 over the five years I lived there. This year, with my 21-year-old living with their dad and considering a move of their own, and my 18-year-old starting college three and…

My life was immeasurably changed in December of 2018 when my mom died from a fast-moving cancer. It was the week of Christmas, so I recall the feeling of guilt that I had when I sent an email to my team letting them know that I would be out for a little while. I didn’t want to burden their holiday season with my sad news.A few weeks later, my return to work was a two-day trip to Chicago to represent my department in some sales meetings. My boss and I had decided it would be an easy re-entry because there…

Welcome back to our Sunday edition, where we round up some of our top stories and take you inside our newsroom. There are many ways to acknowledge your company’s standout workers, but what about giving them a Porsche? How about an all-expenses paid trip? Check out how this company rewards its top employees every year.On the agenda today:But first: What it’s like to work over 80.If this was forwarded to you, sign up here. Download Business Insider’s app here.This week’s dispatch Jason Henry, Laura Thompson, Lanna Apisukh, Matt Martian Williams, Brittany Greeson, Cassidy Araiza, Alyssa Schukar, Bridget Bennett, Tim Gruber,…

Restaurants are literally in a pickle.An influx of pickle-flavored foods, from potato chips to beef jerky to pickle juice slushies, has reached a new peak with the launch of McDonald’s new seasonal Grinch meal, which features a packet of neon-green “Merry Pickle” dill-flavored seasoning meant to be shaken over the brand’s iconic fries.And it’s only the latest clue that the country is in its pickle era.McDonald’s has experimented with do-it-yourself fry seasoning before — the Grinch meal was first introduced in Canada in 2024, where the company says it sold out. In 2014, the golden-arched giant tested garlic Parmesan, zesty…