• Alarming Job Market News

    From Mike Powell@1:2320/105 to All on Thu May 1 10:01:00 2025
    From TLDR 2025-05-01

    SOMETHING ALARMING IS HAPPENING TO THE JOB MARKET (5 MINUTE READ) [16]

    Labor conditions for recent college graduates have deteriorated
    noticeably in the past few months. Unemployment now stands at an
    unusually high 5.8%. This could be the signal of short-term economic
    drag, medium-term changes to the value of a college degree, or
    long-term changes to the relationship between people and AI. Today's
    graduates are entering into an uncertain economy where some businesses
    are so focused on tomorrow's profit margin that they're less willing
    to hire workers who will take time to learn on the job.

    JUDGE REBUKES APPLE AND ORDERS IT TO LOOSEN GRIP ON APP STORE (4
    MINUTE READ) [15]

    A US federal judge has ruled that Apple must loosen its grip on its
    App Store and stop collecting a commission on some app sales. Apple
    was previously ordered to allow apps to provide users with external
    links to pay developers directly for services to avoid the 30%
    commission Apple charges. The company instead created a new system
    that forced apps with external sales to pay a 27% commission to the
    company and also created pop-up screens that discouraged customers
    from paying elsewhere. Apple is now restricted from taking commissions
    from sales outside the App Store and from displaying messages
    discouraging users from making external purchases. It is being
    investigated for criminal contempt.

    "AI-FIRST" IS THE NEW RETURN TO OFFICE (5 MINUTE READ) [20]

    The audience for these memos is not the people who work at these
    companies, it's for other CEOs, investors, and VCs in the industry -
    just as it was for the other fads of the last few years.

    Links:
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    [15] https://www.nytimes.com/2025/04/30/technology/apple-epic-app-store-ruling. html?unlocked_article_code=1.D08.iHzt.PU6aqTgy477K&smid=url-share&utm_source=tl drnewsletter
    [16] https://www.theatlantic.com/economy/archive/2025/04/job-market-youth/68264 1/?gift=o6MjJQpusU9ebnFuymVdsJ1qwI70CnAkjDXBfrYqvHw&utm_source=copy-link&utm_me dium=social&utm_campaign=share
    [20] https://www.anildash.com//2025/04/19/ai-first-is-the-new-return-to-office/ ?utm_source=tldrnewsletter

    -- https://tldr.tech/tech

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