The labor market could become so backward that job losses will keep unemployment steady
President Donald Trump’s immigration crackdown and the surge in baby boomer retirements could soon redefine what it means…
Mathematicians grapple with a ‘very rapid and very unsettling change’ as AI cracks yet another century-old problem
On Sunday afternoon, while the rest of the world’s eyes were glued to the World Cup final, an…
Gen Z is losing the most in the AI economy—and Goldman warns it’s about to get worse
The net number of jobs AI is eliminating each month is shrinking. That sounds like good news. It…
The job market is so bad workers think they have worse odds of finding a job than during COVID
Job prospects during the pandemic were grim. After all, companies shuttered their windows, business went online, and recessionary…
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 just 4.8…
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 50,000 gain—trained the…
Frozen jobs data shows recession risks getting ‘uncomfortably high,’ top economist Mark Zandi says
The U.S. job market hasn’t collapsed, but is no longer overheating, snapping back, or even cooling in a…
Fed Beige Book: Employers are leaning on AI, freezing hiring, changing hours to avoid layoffs
If a company wants to reduce its headcount, there are several levers it can pull. It could freeze…
Jobs disaster—or mediocrity—to be revealed with September jobs report finally set to drop Thursday
The Labor Department will release its numbers on September hiring and unemployment next Thursday, a month and a…
Top economist Mohamed El-Erian warns the AI bubble will ‘end in tears’ and credit ‘cockroaches’ abound
Famed economist Mohamed El-Erian delivered a stark warning about the evolving global economy, stating that while the underlying…
The housing market, workers, and the economy are all stuck
The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for…
Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad
The Federal Reserve lowered its benchmark interest rate by a quarter of a percentage point on Wednesday, a…