Employment

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Recent reports indicate ongoing difficulties in Sweden's labour market, with persistent high unemployment and slow job growth. Analysts attribute this to economic factors and structural issues. Government officials are monitoring the situation closely.

Rahul Goyal of ADP India noted that Indian knowledge workers are optimistic about AI's job impact, though younger employees express displacement concerns. He stressed skill-building to make AI a tool for empowerment.

Salesforce and Oracle have laid off thousands of employees amid a push towards AI-driven automation. The layoffs reflect broader industry trends in cost-cutting and technological shifts. Both companies are investing heavily in AI to streamline operations.