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New jobless claims edge higher but labor market remains stable
The Labor Department has reported that new applications for unemployment benefits totalled 214,000 in the seven days to April 18th, up 6,000 from a week earlier, and ahead of the 210,000 expected among economists surveyed by the Wall Street Journal. The four-week moving average of claims rose 750 to 210,750, while continuing claims increased from…
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CDC won’t publish report showing COVID vaccine effectiveness
The Department of Health and Human Services (HHS) has said that a report showing the efficacy of COVID-19 vaccines has been ?blocked from being published in the U.S. Centers for Disease Control ?and Prevention’s flagship scientific journal. COVID-19 vaccines roughly halved the chances that a U.S. adult would need to visit the emergency room or…
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Law firm apologizes for AI ‘hallucinations’ in court filing
Elite law firm Sullivan & Cromwell has apologized to New York federal judge Martin Glenn for submitting a court filing with inaccurate citations and other errors generated by artificial intelligence. In a letter dated April 18, Andrew Dietderich, co-head of the firm’s global restructuring group, said the filing contained multiple “hallucinations” made by AI software….
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Study suggests e-cigarette taxes do not necessarily lead to higher smoking rates
Regulators have hesitated to impose taxes on e-cigarettes, fearing it might push vapers back to traditional tobacco. However, a recent study published in Health Economics indicates that higher prices can effectively reduce e-cigarette use among adult vapers without increasing tobacco smoking. Lead researcher Shaoying Ma from the Center for Tobacco Research at Ohio State University…
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Chinese migrant workers return home as urban jobs grow scarcer
The number of Chinese migrant workers willing to travel outside their provinces to find jobs is falling, and policymakers are fretting about a ‘large-scale’ movement back to the country’s rural interior.
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India to decide women’s quota bill
India is preparing for a redrawing of its political map, driven by what the government says is a push to reserve one-third of seats for women in parliament and state assemblies. To do that, the government will unveil a constitutional amendment – requiring a two-thirds majority – backed by a three-day special session from Thursday….
