Private sector wage gains lift US labor costs in Q2, underlying trend benign
By Lucia Mutikani WASHINGTON, July 31 (Reuters) – U.S. labor costs increased slightly more than expected in the…
Demanding retirement at 70, weeding people out at 50 – the most brazen and deceitful double game of German business and politics
“Too old, too expensive”: The brutal truth about job applications from age 50 onwards Skills shortage? Why companies…
Why the labor market is not actually like a game of musical chairs
Right now, a good chunk of Americans feel threatened by artificial intelligence. A recent Reuters/Ipsos poll found that…
Leisure & hospitality shed 61,000 jobs in June despite expected World Cup boost
WASHINGTON (TNND) — The tourism boost from the World Cup was supposed to create tens of thousands of…
Nearly 2 Million Americans Have Been Out of Work for Over Six Months, the Highest Toll Since 2021
The United States added 172,000 jobs in May, well above economist projections, and the headline unemployment rate held…
Strong US job growth beats expectations in May, firming recent gains
The leisure and hospitality industry added 70,000 jobs in May, well above its average monthly gain over the…
America’s Productivity Boom May Have an Unlikely Hero: WFH
America has been experiencing a productivity boom for the past five years, and economists are debating what’s driving…
AI will cause ‘massive shedding’
The proliferation of AI may create new infrastructure and startup jobs in the short term, but more job…
Economy expands rapidly, but job growth flatlines in unprecedented ‘jobless boom’
The economy is creating plenty of wealth. It’s just not creating many jobs. Forecasters expect Friday’s report on…
AI doomsday where many workers are ‘essentially unemployable’ is totally possible, Fed governor says
Federal Reserve Governor Michael S. Barr issued a stark warning on Tuesday regarding the potential trajectory of artificial…
Top analyst warns the economy is figuring out how to grow without creating new jobs, leaving a major vulnerability
Last summer, Bank of America Research predicted a “sea change” in the economy as companies showed increasing signs…
US economy undershoots expectations to add just 50,000 jobs in December – The Irish Times
The US economy added just 50,000 jobs in December, undershooting expectations, in the latest sign that the labour…