Observations

Posted by EditorDavid

https://mobile.slashdot.org/story/26/05/16/0258209/trump-phones-start-shipping---but-were-there-really-600000-preorders?utm_source=rss1.0mainlinkanon&utm_medium=feed

USA Today reports: Trump Mobile phones are being shipped this week, the company exclusively confirmed to USA TODAY in an email May 11.... The company's first smartphone — the T1 Phone — was originally scheduled for release in August. However, the golden gadget's release was later delayed to October before being pushed back again to this week. Now, Trump Mobile CEO Pat O'Brien told USA TODAY, pre-ordered phones will start getting sent out to customers this week... O'Brien said the company anticipates all pre-ordered phones to be delivered within the next several weeks... The company's 5G "47 Plan" is available for $47.45 a month, a nod to President Donald Trump's two presidential terms, according to the website... Customers will also have Trump(SM) displayed as the status bar in their network. The Verge reported the phone was added last week to Google's public list of devices certified for Google Play, "usually one of the final steps before an Android phone is launched." Trump Mobile may have broken radio silence partly in response to a recent wave of media coverage alleging that buyers had received emails notifying them that their preorders had been canceled, coverage that even made it onto Stephen Colbert's The Late Show... [T]here's seemingly no evidence of the alleged cancellation emails beyond unverified social media claims. In January The Verge also questioned reports that 600,000 people preordered the Trump phone with a $100 deposit. "I can't find a shred of evidence that this figure is true," calling it "a microcosm of how the modern media landscape and AI chatbots can combine to give falsities the sheen of respectability." I first saw the figure in, of all places, the Threads feed of California governor Gavin Newsom's press office, which had shared a screenshot of a tweet of a Grok summary making the claim. Trustworthy, right? The Grok post cites "reports from sources like Fortune, NPR, and The Guardian" for the 600,000 preorders, but a quick search of their recent output shows no sign of the number... India's Economic Times and Hindustan Times both reported a more specific figure of 590,000 preorders, referencing an unspecified Associated Press report as the source. [The Associated Press] VP of corporate communications, Lauren Easton, confirmed to me that "AP's original stories never contained such a number...." Hindustan Times writer Shamik Banerjee called the citation "a typo," and told me that the figure was in fact taken from The Times of India. The Times of India story, which is bylined only to the newspaper's lifestyle desk, is more transparent in its sourcing: a viral post by a meme account... It's been covered by multiple publications, now presented as fact on MSN.com and tech site Phone Arena. And that coverage has helped it to filter into the chatbots and not just Grok — Gemini and ChatGPT were both happy to confirm to me that 600,000 T1 Phones have been ordered so far, the former falsely attributing the number to the Associated Press, and the latter to Phone Arena. As for how many Trump Phone preorders have actually been placed? No one outside the company knows.

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Posted by EditorDavid

https://it.slashdot.org/story/26/05/16/0451234/why-is-the-us-job-market-so-tough-especially-for-recent-college-grads?utm_source=rss1.0mainlinkanon&utm_medium=feed

What's going on with the U.S. job market? "The economy is growing. Unemployment is low," notes the Washington Post. "And yet, for millions of workers, finding a job has become harder than at almost any other point in decades," with the hiring rate "well below pre-pandemic levels for more than a year." Part of the problem? "Of the net 369,000 positions added across the entire economy since the start of 2025, health care alone accounted for nearly 800,000 — meaning every other sector, taken together, shed jobs." By the end of 2025 nearly half of college graduates ages 22 to 27 were working at jobs that didn't require a degree, according to stats from New York's Federal Reserve Bank. The headline unemployment rate, at 4.2%, looks healthy. But that figure has been buoyed by a shrinking labor force: Fewer people are actively looking for work, which keeps the rate down even as hiring slows... [Some large tech companies] are trying to recalibrate after their hiring sprees of 2021 and 2022, when many had raised pay, offered flexible schedules and signed people quickly... Higher interest rates have also made expansion more expensive, pushing many firms to invest in technology rather than headcount. Another reason hiring has slowed is uncertainty about AI. Even though the technology has not yet replaced large numbers of workers, it is already shaping how companies think about hiring. "I don't think this is AI displacement," said Ben Zweig, chief executive of Revelio Labs, a workforce data company. "What we're seeing is anticipatory." Instead of rushing to bring on new workers, some firms are waiting to see how the technology evolves and which tasks it will eventually take over. A 39-year-old web developer tells the Post it took 453 job applications to get a handful of interviews and two offers. And a journalism school graduate said they'd sent hundreds of job applications but most led nowhere, and they're now couch-surfing to save money. But the problem seems even worse for young people. One 18-year-old told the Post that in a year and a half of job searching, they'd yet to even meet an employer in person. The unemployment rate for people ages 22 to 27 who recently completed college hit 5.6% in the final months of 2025 — well above the 4.2% rate for all workers, according to national data from the Federal Reserve Bank of New York... At one point last summer, new workforce entrants made up a larger share of the unemployed than at any point since the late 1980s — higher even than during the Great Recession. When hiring slows, the door closes first on those without an existing foothold. For the class of 2026, the timing could hardly be worse. "It is getting increasingly clear that young people are being more affected by AI than older workers," Zweig said. Companies are not eliminating jobs at scale, but many are slow to hire junior workers. At the same time, older workers are staying in the labor force longer, leaving fewer openings for new arrivals. Even when jobs are available, the bar has shifted. Positions once considered entry level now often require several years of experience, technical expertise and familiarity with AI tools. With fewer openings and more applicants, companies are holding out for candidates who can do the job immediately and need little training... Employers are also looking for a different mix of skills. An analysis of millions of job postings by Indeed found that communication skills now appear in nearly 42% of all listings, while leadership skills feature in nearly a third — capabilities that are harder to prove on a résumé and harder still to demonstrate without an existing professional network. Christine Beck, a career coach who works with early-career job seekers, said employers are asking more of the people they do hire.

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