The jobs report looks good ‘for the wrong reasons,’ top economist warns
The U.S. economy added 178,000 jobs in March and the unemployment rate ticked down to 4.3%, a showin[……] Read More
Hiring just hit a level not seen since the economy was shut down during COVID, top economist says
The Bureau of Labor Statistics reported Tuesday the hiring rate fell to 3.1% in February, with j[……] Read More
ServiceNow CEO predicts Gen Z college graduates will face at least 30% unemployment in just the next couple of years as AI takes over
AI tools are already spurring fierce job competition among Bambi-legged Gen Zers hoping to land thei[……] Read More
Healthcare jobs—which have been propping up labor market—just shrank for first time in four years
Despite making up nearly a fifth of the U.S. economy and providing a much-needed set of crutches, th[……] Read More
The unexpected 92,000 drop in payrolls is a clue we might be reading the AI jobs narrative all wrong
The shocking news that U.S. payrolls dropped by 92,000 in February—market watchers were expecting a[……] Read More
‘The job market is struggling in the face of so many headwinds’: labor market reels at unexpected 92,000 loss
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains und[……] Read More