#economic-downturns

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#architecture #housing #climate-change #global-south #401k-matching #retirement-benefits #employer-benefits-cuts
Design
fromArchDaily
1 week ago

MASS: A Non-Profit Model for Architecture in Service of Society

Architecture faces recurring crises tied to economic cycles and persistent failures to address housing, climate change, and human development.
Remote teams
fromFortune
1 week ago

Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid | Fortune

TTEC paused US 401(k) matches for nine months due to business performance uncertainty, reflecting how employers cut retirement benefits during economic strain.
Artificial intelligence
fromFortune
9 months ago

This unprecedented shift in unemployment suggests AI could strand white-collar knowledge workers in a jobless recovery after the next recession

AI adoption during economic downturns may lead to significant job displacement for white-collar workers. Historical recovery patterns may shift.
fromAxios
9 months ago

The next jobs downturn could mean an AI-induced purge of millions of workers

If firms face a costly adaptation process for automation to replace workers, then the cost of adjustment comes down during recessions when the opportunity cost of not producing is relatively low.
US politics
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