logo
How AI, federal job cuts could impact Black workforce

How AI, federal job cuts could impact Black workforce

Yahoo27-02-2025

(NewsNation) — Martin Luther King Jr. addressed a crowded room of union workers back in 1961, warning the rise of automation would disproportionately impact African Americans in the auto industry.
'Automation cannot be permitted to become a blind monster which grinds out more cars and simultaneously snuffs out the hopes and lives of the people by whom the industry was built,' he said.
Nearly half a century later, as the Association for the Study of African American Life and History celebrates its 2025 Black History Month theme, 'African Americans and Labor,' artificial intelligence is stoking similar fears.
'I feel that kind of the next large struggle for, especially the Black labor force in the country, is in these ongoing discussions around artificial intelligence and how it'll impact the American workforce at large,' said Christian Collins, a policy analyst at The Center for Law and Social Policy.
He told NewsNation the tenets of King's speech ring true today, including that tech innovations like AI cut costs without 'concern for the humanity of the workers.'
'The indispensable nature of Black labor has always been requisite to the development and wealth of the United States, to the point that it is valued more than the lives of the Black people performing the work,' Collins wrote earlier this February.
Black-owned pie shop celebrates 40 years in business
In 2024, nearly 60% of U.S. companies implemented software, equipment or technology to automate tasks previously done by employees, a survey from Duke University and the Federal Reserve Banks of Atlanta and Richmond found.
Goldman Sachs estimates that 'roughly two-thirds of current jobs are exposed to some degree of AI automation.'
Collins and other experts worry that AI — and federal job cuts from the Trump administration — will impact the Black workforce disproportionately.
King's automation concerns were mainly targeted toward blue-collar workers, but the newest tech innovations are putting white-collar jobs at risk as well.
Tasks in office and administrative support roles — bookkeepers, customer service representatives, office clerks — are especially likely to be automated, a recent Brookings Institution report posited.
Other professions like insurance underwriters, tax preparers and legal secretaries also face high automation risk.
Fighting for the Right to Fight: The National WWII Museum's dedication to Black soldiers
Estimates from the McKinsey Global Institute point to the overrepresentation of African Americans in three categories — office support, food services and production work — all of which are likely to be first displaced.
The institute's calculations found that African Americans have one of the highest rates of potential job loss by 2030, with a 23.1% displacement rate.
'Even though AI is such a popular topic now and has been for quite some time, that's not really what's being discussed, either publicly in regards to AI or, honestly, even in some of the private policy decision rooms,' Collins said.
President Donald Trump and his tech billionaire ally Elon Musk, head of the Department of Government Efficiency, have targeted civil servants in an effort to slash federal workforce sizes.
DOGE launched an overhaul of government to save what he claims could be trillions of dollars. The Trump administration faces a myriad of legal challenges questioning the White House's unilateral ability to cut spending.
Dr. Danielle Phillips-Cunningham, an associate professor of labor studies and employment relations at Rutgers University, said the recent orders have 'significantly rolled back and threatened' what 'Black labor leaders fought for.'
'The targeting of federal workers is a targeting of Black people,' Phillips-Cunningham said. 'As we know, people from many different races are employed by the federal government, but the federal government is an area of employment where a lot of Black people work.'
Pew Research data shows that the federal workforce relatively mirrors the overall workforce makeup, though with two notable exceptions: A bigger share of federal workers are Black — 18.6% compared to 12.8% nationally, while a smaller share is Hispanic or Latino (10.5% vs. 19.5%).
Phillips-Cunningham said some of the president's orders violate the Civil Rights Act of 1964, specifically in regard to employment discrimination.
'This is why labor organizers and labor unions are at the forefront of lawsuits filed against the presidential administration,' she explained. 'Because a lot of what labor leaders have fought for are being threatened and dismantled as we speak.'
NewsNation's Michael Ramsey and Andrew Dorn contributed to this report.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

‘There's no invasion': California AG on Los Angeles protests
‘There's no invasion': California AG on Los Angeles protests

Yahoo

time12 minutes ago

  • Yahoo

‘There's no invasion': California AG on Los Angeles protests

(NewsNation) — California Gov. Gavin Newsom's request for judicial intervention in the Trump-ordered military presence in the Los Angeles protests was unsuccessful Tuesday. Newsom asked a federal judge to limit the National Guard's response to anti-ICE protests in his state by 4 p.m. ET. Trump had deployed the National Guard without the governor's request Sunday after days of immigration protests. Although a federal judge did not grant the immediate halt, a hearing will take place Thursday. California Attorney General Rob Bonta said the state sued Trump because 'of the irreparable harm and irreversible injury that we would suffer.' Anti-ICE protests in LA expand to New York, Chicago 'There's existing law that governs what the president can do and can't do. The president has invoked a specific statute to call in the National Guard that he believes authorizes him … and that law requires that there be a rebellion there,' Bonta said Tuesday on 'Elizabeth Vargas Reports.' 'There's no rebellion. It requires that there be an invasion. There's no invasion.' He said he's confident the judge will rule in California's favor by limiting the military's presence in response to the protests. Some protesters have thrown rocks and bottles at police, set cars on fire and committed other violent acts during the demonstrations, which first prompted law enforcement response. 'When you have peaceful protests, you have agitators, and those who use the cover of the protest to engage in unlawful conduct, it's wrong. They should be held accountable. They should be prosecuted to the fullest extent of the law,' Bonta said. 'That's largely been happening, and it and none of that was being done by the National Guard or the Marines. It was done by local law enforcement agencies, sheriffs and hard-working members of the police departments who are getting the job done on the ground.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Form 8.5 (EPT/RI)-Craneware plc
Form 8.5 (EPT/RI)-Craneware plc

Yahoo

time17 minutes ago

  • Yahoo

Form 8.5 (EPT/RI)-Craneware plc

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Name of exempt principal trader: Investec Bank plc (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Craneware plc (c) Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to Craneware plc (d) Date dealing undertaken: 10th June 2025 (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state 'N/A' N/A 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received Ordinary shares Purchases 3,408 2090 1975 Ordinary shares Sales 1000 2090 2090 (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit N/A N/A N/A N/A N/A (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit N/A N/A N/A N/A N/A N/A N/A N/A (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit N/A N/A N/A N/A N/A (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) N/A N/A N/A N/A 3. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state 'none' None Date of disclosure: 11th June 2025 Contact name: Priyali Bhattacharjee Telephone number: +91 9768034903 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in to access your portfolio

Form 8.5 (EPT/RI)- De La Rue plc
Form 8.5 (EPT/RI)- De La Rue plc

Yahoo

time28 minutes ago

  • Yahoo

Form 8.5 (EPT/RI)- De La Rue plc

FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule 8.5 of the Takeover Code (the 'Code') 1. KEY INFORMATION (a) Name of exempt principal trader: Investec Bank plc (b) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree De La Rue plc (c) Name of the party to the offer with which exempt principal trader is connected: Investec is Joint Broker to De La Rue plc (d) Date dealing undertaken: 10th June 2025 (e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer? If it is a cash offer or possible cash offer, state 'N/A' N/A 2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in. The currency of all prices and other monetary amounts should be stated. (a) Purchases and sales Class of relevant security Purchases/ sales Total number of securities Highest price per unit paid/received Lowest price per unit paid/received Ordinary shares Purchases 43,810 129.1 129.1 (b) Cash-settled derivative transactions Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit N/A N/A N/A N/A N/A (c) Stock-settled derivative transactions (including options) (i) Writing, selling, purchasing or varying Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit N/A N/A N/A N/A N/A N/A N/A N/A (ii) Exercise Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit N/A N/A N/A N/A N/A (d) Other dealings (including subscribing for new securities) Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable) N/A N/A N/A N/A 3. OTHER INFORMATION (a) Indemnity and other dealing arrangements Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none' None (b) Agreements, arrangements or understandings relating to options or derivatives Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state 'none' None Date of disclosure: 11th June 2025 Contact name: Priyali Bhattacharjee Telephone number: +91 9768034903 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129. The Code can be viewed on the Panel's website at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store