AI and Hiring Slowdown Change Job Market Structure

Live Global Market Updates

When the April jobs report is released Friday morning, it is expected to show that the US labor market added 67,000 positions. If so, that’s roughly one-third of the 178,000 jobs created in March. While in comparison the April total Read More …

Job loss to AI brings more than unemployment

Live Global Market Updates

AI-driven job losses may not only complicate the immediate employment prospects for affected workers but could also result in prolonged “scarring,” characterized by diminished income, postponed homeownership, and a reduced likelihood of marriage, as indicated by a recent research report. Read More …

US Hiring Slows as Job Openings Hit Post-Pandemic Low

Live Global Market Updates

The labor market in the United States is increasingly challenging, with a decline in demand for workers and job postings reaching their lowest levels since the pandemic. Recent figures, published on Thursday, indicated that the estimated number of job openings Read More …

January Jobs Report Postponed Amid Government Shutdown

Live Global Market Updates

For the second time in four months, a federal government shutdown has resulted in the cessation of critical economic data. The Bureau of Labor Statistics has postponed the release of the January jobs report and other significant labor market data Read More …