Deloitte and Zoom scale back employee perks, signaling a labor market shift and raising questions about risks for employers.
Browsing: Labor market
US economy loses 92,000 jobs in February as hiring slows, unemployment rises, and AI uncertainty shapes labor market trends.
Bernie Sanders and Ron DeSantis raise bipartisan concerns over AI data centers’ impact on energy grids and jobs.
US unemployment reaches a four-year high amid slower job growth, layoffs, and economic uncertainty, signaling a cooling labor market.
Fed weighs a possible December rate cut as inflation risks, job market concerns, and policy divisions shape outlook.
U.S. consumer confidence falls as job pessimism rises, reflecting weakening expectations despite a generally stable labor market.
Amazon plans to automate 75% of its operations by 2027, potentially cutting 160,000 U.S. jobs and saving $12.6 billion, sparking concerns over mass job losses.
Data from payroll processing company ADP indicates that U.S. companies have lost around 32,000 jobs in September, raising concerns about the labor market
Gary Cohn highlights a cooling U.S. job market as the Federal Reserve issues its first rate cut since 2024, balancing slowing growth with persistent inflation.