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Oxford Economics study predicts AI technology adoption will transform half of all jobs and inject US$1T into US economy over next decade; AI could lead to 9% of US workforce losing their job in next 10 years, with 1% struggling to find new employment
Published:
January 25, 2024
by Business Insider
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British beauty industry has lost £850M in exports to EU since Brexit, also faces skills shortage from fewer EU workers, finds Oxford Economics study commissioned by British Beauty Council; smaller brands are disproportionately affected by customs issues
Published:
October 30, 2023
by CosmeticsDesign.com (US)
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Oxford Economics expects mild US recession in late 2023, noting consumers quickly spending savings, businesses slowing hiring; economy could fall into 'rolling' recession when some industries contract while others grow, leaving overall GDP growth positive
Published:
August 23, 2023
by Fortune
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Commentary: Economists widely expect inflation to keep cooling in coming months; Pimco forecasts slowdown in inflation in H2, but Oxford Economics warns of possible spike in US food prices triggered by El Nino, which is expected to begin later 2023
Published:
July 27, 2023
by CE Noticias Financieras (Latin America)
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Oxford economist says older generations have advantage in AI boom, as people skills can't be automated away; as AI automates online tasks, some remote workers and jobs reliant on virtual communication face greater risk
Published:
July 06, 2023
by Business Insider
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