Of the 20 labor markets that saw the biggest increases in NIH funding between 2004 and 2023, many were well-known college towns, including Tallahassee, Fla.; Athens, Ga.; and State College, Pa. And according to the report's calculations, the local economies that saw a substantial increase in NIH funding during that period also had lower rates of employment decline than those with small increases, no increases or no NIH funding.
"The loss of 'The Late Show with Stephen Colbert' is more than just the end of a television show. It means the loss of hundreds of good-paying production jobs, lost income for dozens of vendors, and a hit to the local businesses that rely on the show's daily audiences."
Michael Sandvig expressed deep concern for his former coworkers after the unexpected closure of the Rock Bottom Restaurant & Brewery, which left him and 45 others jobless. His emotional connection spans decades, having served many of the same guests and witnessed significant life events.
"At Poundland, trading remains challenging, which is reflected in a profit outturn below expectations for H1 and a weaker outlook for the full year."
While 2024 was the year of investment and optimism, businesses are learning the hard way that replacing people with AI without fully understanding the impact on their workforce can go badly wrong.