jobs

Experts have been debating the artificial intelligence-driven impact on employment with contradicting views. While market veteran like Jim Cramer thinks that “AI is still not trusted,” others see trouble brewing in the labor market due to the automation of several human-led jobs. What...

The Federal Reserve bumped its median forecast for core inflation, which has left analysts divided as some believe that the central bank is overplaying the inflation story, while others say the impact of inflation cannot be overstated. What Happened: Despite acknowledging that inflation data was...

After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary policy. While some believe that the Federal Reserve should hold onto its “wait and see” stance, others affirm that the central bank can start cutting interest rates....

Google searches for the phrase "Are we in a recession" have soared to their second-highest level in recorded history, reflecting deepening public anxiety about the U.S. economy. The trend, highlighted in a recent post on X by Barchart, signals growing concern among Americans, even as official...

Upwork, Inc.  (NASDAQ:UPWK) released its first-quarter results after Monday's closing bell. Here's a look at the details from the report.  The Details: Upwork reported quarterly earnings of 34 cents per share which beat the analyst consensus estimate of 26 cents....

Financial markets are currently pricing in a significant and rapid cycle of interest rate cuts by the Federal Reserve starting as early as July, according to the CME data. However, this expectation stands in stark contrast with the prevailing short-term rate market data, which suggests a different...

Author Robert Kiyosaki cautioned about the potential for significant job losses in the near future. He urged individuals to pivot towards entrepreneurship and bolster their financial education. What Happened: In a post on X, Kiyosaki voiced his apprehensions about the evolving job market...

The U.S. is on track to add almost four million manufacturing jobs by 2033—but Gen Z is not interested. While young workers are opting for trade careers, factory roles remain a hard sell. What Happened: A Deloitte study projects 3.8 million new manufacturing jobs over the next decade, primarily due...

Billionaire investor Mark Cuban is arguing against the notion that artificial intelligence will be a primary driver of deflation and believes that it will be a massive driver of innovation and productivity. What Happened: Anthony Pompliano, the founder and CEO of Professional Capital Management, in...

Economist Mohamed El-Erian highlighted the risks of an economic slowdown as Federal Reserve Chairman Jerome Powell reiterated that the economy was growing at a “solid pace” during his Friday address at the University of Chicago. What Happened: During a podcast with Forward Guidance, the...

The U.S. services sector expanded in February 2025 with all four main subindexes expanding for the third consecutive month. However, concerns persist around the impact of tariffs and federal spending cuts.  The Details: The ISM Services PMI unexpectedly increased to 53.5% in February 2025, up...

Private employers created 77,000 new jobs in February, the smallest number in seven months and well below forecasts of 140,000. The ADP National Employment Report, released Wednesday by Automatic Data Processing Inc., showed a significant slowdown in hiring ahead of Friday’s non-farm payrolls...

Risk assets tumbled as a wave of bearish sentiment gripped markets, with escalating trade tensions, disappointing earnings and signs of economic fragility weighing on investor confidence. President Donald Trump confirmed a 25% tariff on imports from Mexico and Canada, effective March 4, while also...

Private employers created 183,000 new jobs in January 2025, marking a slight acceleration from December’s upwardly revised 176,000 and beating market expectations of 150,000. The ADP National Employment Report, released Wednesday by Automatic Data Processing Inc., highlighted continued...

Artificial intelligence and AI agents are changing the workforce and the job market, according to a report from the World Economic Forum.  The Details: According to the WEF's The Future of Jobs Report 2025, 41% of employers surveyed expect to reduce the size of their workforces in the next...