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The Bank of England may lower interest rates further if signs of a slowdown in the UK job market grow stronger. In an interview with The Times, Governor Andrew Bailey emphasized the downward trend in interest rates, stating that the bank stands ready to act if economic slack increases. Bailey Hints at More Cuts Currently, …
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A new report from Microsoft and Carnegie Mellon University highlights the risks of overreliance on generative AI (Gen AI). It reveals that excessive use of these tools may weaken critical thinking and problem-solving skills in the workplace. While Gen AI boosts productivity, its impact on cognitive abilities should not be overlooked. Key Findings of the …
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Pakistani unskilled workers may soon find fewer opportunities in the UAE as the country moves towards a high-skilled job market, said Pakistan’s Ambassador to the UAE, Faisal Niaz Tirmizi. He stressed the need for training professionals in fields like IT, banking, AI, healthcare, and aviation. The UAE’s job market is evolving. Ambassador Tirmizi urged Pakistan …
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