Ticker: Cooler hiring and milder pay gains could aid inflation fight

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America’s employers added a solid 223,000 jobs in December, evidence that the economy remains healthy even as the Federal Reserve is rapidly raising interest rates to try to slow economic growth and the pace of hiring.

With companies continuing to add jobs across the economy, the unemployment rate fell from 3.6% to 3.5%, matching a 53-year low. Last month’s gain was the smallest in two years, and it extended a hiring slowdown for most of 2022.

China suspends social media accounts of COVID policy critics

China has suspended or closed the social media accounts of more than 1,000 critics of the government’s policies on the COVID-19 outbreak, as the country moves to roll back harsh anti-virus restrictions.

The ruling Communist Party has largely relied on the medical community to justify its tough lockdowns, quarantine measures and mass testing, almost all of which it abruptly abandoned last month. It led to a further surge in cases that have stretched medical resources to the limit.

What is ChatGPT and why are schools blocking it?

Ask the new artificial intelligence tool ChatGPT to write an essay about the cause of the American Civil War and you can watch it churn out a persuasive term paper in a matter of seconds.

That’s one reason why NYC school officials this week started blocking the impressive but controversial writing tool that can generate paragraphs of human-like text. The free tool has been around for just five weeks but is already raising tough questions about the future of AI in education, the tech industry and a host of professions.

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