Future of jobs 

A survey conducted ______ 1 the World Economic Forum and published in May 2023 reveals that approximately 25% of jobs will ______ 2 significant changes in the next five years.

The report indicates that by 2027, 69 million jobs will be created, while 83 million jobs will be eliminated, resulting in a ______ 3 employment decrease of 2%. The survey incorporates input from over 800 companies that employ more than 11 million workers and utilizes a dataset of 673 million jobs. The report highlights technology and digitalization as the catalysts for both job ______ 4 and destruction.

Secretarial and clerical roles such as bank tellers and cashiers are expected to decline rapidly due to automation, while there will be a growing demand for experts in AI, machine learning, and cybersecurity.

Source (adapted):  https://www.newsinlevels.com/products/future-of-jobs-level3/

Two US banks collapse 

Last week, Silicon Valley Bank failed, and it left customers in a tough spot as the government took ______ 1 . 

The so-called bank run happened because there ______ 2 news that the bank couldn’t meet its deposit obligations. It means that it had invested the money in various things that weren’t making the money back. Typically, that’s the point where the Federal Deposit Insurance Corporation, ______ 3 insures deposits ______ 4 250,000 dollars, comes in. However, 98% of Silicon Valley Bank customers didn’t have 250,000 dollars but billions of dollars. The government announced that it would step in and secure the depositors, with US president Joe Biden ______ 5 that the US banking system was safe. 

Shortly after the fall of Silicon Valley Bank, regulators closed New York-based Signature Bank, too, citing systemic risk. Experts said that these stories would continue repeating themselves because many corporations were overleveraged in dollar debt.

After the collapse, European banks lost 100 billion dollars in value in a week, and despite tough regulations that should make a similar banking failure in Europe unlikely, the contagion is accelerating.

Source: https://www.newsinlevels.com/products/two-usbanks-collapse-level-3/

                                       The intrigue behind the Bermuda Triangle

       On a sunny day nearly 80 years ago, five Navy planes took off from their base in Florida on a _________ training mission, known as Flight 19. Neither the planes nor the crew were ever seen again. Thus was a legend born. The Bermuda Triangle is an area roughly bounded by Miami, Bermuda, and Puerto Rico. No one keeps statistics, but in the last century, numerous ships and planes have simply vanished without a trace within the imaginary triangle.

       The disappearances have been attributed to the machinations of enormous sea monsters, giant squid, or extra-terrestrials. Alien abductions, the existence of a mysterious third dimension created by unknown beings, and ocean flatulence—the ocean suddenly spewing great quantities of trapped methane—have all been suggested as culprits.

       The reality, say many, is far more prosaic. They argue that a sometimes treacherous Mother Nature, human error, shoddy __________________ or design, and just plain bad luck can explain the many disappearances.

       "The region is highly traveled and has been a busy crossroads since the early days of European exploration," said John Reilly, a historian with the U.S. Naval Historical Foundation. "To say quite a few ships and airplanes have gone down there is like saying there are an ________ lot of car accidents on the New Jersey Turnpike—surprise, surprise."

(Fonte: National Geographic. — adaptado.)