Nonfarm payrolls were expected to increase by 80,000 in May while the unemployment rate held at 4.3%.
This may be the year of a "jobless recovery" for the economy. Or so warns the economics team at Goldman Sachs in a new note to clients. "We see a period of jobless growth similar to the 'jobless ...
Initial jobless claims rose to 225,000, above expectations of 215,000. Continuing claims edged lower, signaling layoffs ...
Daniel Priestley warned that AI is a tsunami that will split the economy in two — and sink anyone who doesn't adapt.IMAGO/Alexander Limbach via Reuters Connect "The modest job growth alongside robust ...
WASHINGTON — The number of Americans filing new applications for unemployment benefits unexpectedly fell last week, pointing to stable labor market conditions and a rebound in job growth in March. The ...
California unemployment and tech layoffs climb even as the state records strong GDP growth ...
Now, here are four news stories that broke in the morning to watch out for: Pinterest (PINS) commits to AI expansion: The ...