Sep. jobs report released
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The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Nov. 6. Firms have pointed to a myriad of causes for their layoffs, from AI to tariffs and corporate restructuring.
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Labor Department won’t release full October jobs report, a casualty of the 43-day federal shutdown
The Labor Department said Wednesday that it will not be releasing a full jobs report for October because the 43-day federal government shutdown meant it couldn’t calculate the unemployment rate and some other key numbers.
As job cuts spread gloom through the Seattle-area tech scene, one of Microsoft Corp.’s top executives is warning that state proposals for higher taxes risk devastating the region’s economy.
You just don’t see such a pattern of job losses outside a recession, and the U.S. economy is not in a recession. The decline is a terrible fact for President Donald Trump, who made bringing factory jobs back to the U.S. central to his 2024 campaign, and is discouraging for many Americans who believed his promises.
New Analysis Reveals the 50 Jobs Most Exposed to AI Automation – Some Face Over 96% Task Replacement
Dsmart’s AI Automation Risk Report analyzes 784 occupations to identify the 50 jobs most vulnerable to AI automation. Administrative, clerical, and data-processing roles face the highest exposure, ranging from 77.
The latest US jobs report showed a modest increase of 119k jobs. This was accompanied by a rise in the unemployment rate to 4.4%. Every single month this year has seen negative revisions.
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.