Human curated highlights from last week:
• Crying wolf in the job market: Is AI killing jobs for college grads? Not yet, new study says;
• Serving a job search engine: HiringCafe raises $6.8M & intros a free AI Talent Agent for seekers;
• Humming buyer beware: Anthropic files for IPO, revealing $42bn loss & citing existential AI risk;
• Riding to job seekers’ rescue: The vigilante who’s taking down recruitment scammers;
• Plumbing a deep labor shortage: America trains 55 skilled trades workers for every 100 it needs.
PLUS
• Hey! If you’re a talent technology company in the hunt for funding, look no further than Propel Summit! It will be held at Boston University on January 20-21, 2027 to promote the development and implementation of Human Advancement AI, a meta-category encompassing HRtech, TAtech, Edtech and Worktech. It serves the Builders, Backers and Buyers of those applications with the goal of generating new term sheets and partnerships that accelerate AI solutions for advancing people at work. Don’t miss this inaugural event; Register today!
• Conferences are great; in fact, we’ll be hosting three of them next year. But, you also need to form partnerships and promote your brand in between those events. That’s what TAtech Year-Round is all about! Join the TAtech Network and connect with other TA solution providers globally for partnering, product integrations, marketing joint ventures and more, plus see your products featured in a Buyer’s Guide promoted continuously to TA/HR and industry leaders and shine a spotlight on your individual and corporate thought leadership in talent acquisition and technology. Give your company the competitive advantage it deserves; sign up today!
Is AI killing jobs for college grads? Not yet, new study says.
Amid fears that artificial intelligence will devastate entry-level hiring, there has yet to be an AI-powered spike in unemployment for recent college graduates, according to a new working paper by two professors at the University of California at Los Angeles. Over June, July and August, the unemployment rate for college graduates age 22 to 25 was 7.3 percent — higher than the same period last year but within the normal range of variation, the paper said.
HiringCafe Raises $6.8 Million Pre-Seed And Launches Free AI Talent Agent For Job Seekers
HiringCafe has raised $6.8 million in pre-seed funding led by Spark Capital, with participation from Nonfiction Capital, Silicon Gardens, and angel investors from ZipRecruiter and Indeed. The company is also launching an AI Talent Agent designed to search millions of open jobs on behalf of individual candidates. The San Francisco-based company has built an AI-powered job discovery platform that operates more like a search engine than a traditional job board.
Anthropic files for IPO, revealing $42bn loss and citing existential AI risk
AI developer Anthropic has filed for an initial public offering (IPO) expected to value the company at approximately $2 trillion, while disclosing a record net loss of $42 billion (£32bn) for the previous year. The financial deficit is primarily attributed to the high costs associated with training and running large-scale AI infrastructure. Despite the scale of the loss, the company reported revenue growth, increasing from $400 million in 2024 to $4.6 billion last year. The prospectus also outlines substantial future capital commitments, with plans to spend $518bn on cloud and computing infrastructure. Alongside its financial disclosures, Anthropic dedicated a significant portion of the prospectus to outlining potential risks associated with its technology.
The Vigilante Who’s Taking Down Recruitment Scammers, One Fake Job Ad at a Time
A smiling woman named Linda Anthony wants to hire you. Jay Jones is convinced she is a bot trying to scam you. It is just another Tuesday for Jones, a Chicago-area resident who calls himself The Profiler and spends hours daily wading through this kind of online sludge. An out-of-work copywriter on the job hunt himself, he now hunts down the proliferating scams targeting job seekers everywhere. The mission has taken him into the netherworld of the online job market. Jones has tracked nearly 60,000 fake jobs that he says he has helped yank from the internet, most on LinkedIn and some on the website Teal.
America trains 55 skilled trades workers for every 100 it needs
For every hundred skilled trades workers the United States needs, it trains fifty-five. That number is not from a vendor. It is from The State of America's Skilled Trades, published on 1 October by the Alliance for America's Skilled Trades and co-funded by Ford, Google, BlackRock and Carhartt, with fourteen more members including AT&T, Microsoft, Verizon and NVIDIA. The research was done with the Burning Glass Institute and Jobs for the Future.
Grab a Sustainable Competitive Advantage – Join the TAtech Network
TAtech: The Network for Talent Technology Solutions hosts industry conferences, a range of channels for thought leadership and a year-round community for talent technology companies worldwide. Its mission is to help accelerate their growth and profitability through year-round support that helps them establish market and technology partnerships, promote their product and company brands, and reinforce their business leadership. So, don’t wait another minute; visit TAtech.org and give your company the competitive advantage provided by the TAtech Network.
