jobs

Friday’s Bureau of Labor Statistics July jobs report could indicate whether the U.S. economy is trickling into recessionary territory, according to a closely watched indicator. The Sahm Rule: The Sahm Rule, devised by economist Claudia Sahm, is a heuristic measure used by the Federal...

U.S. equities were little moved on Tuesday as investors continued to assess the potential for interest rate cuts following the latest economic data and comments from Fed Chair Jerome Powell. Speaking at the European Central Bank (ECB) forum in Portugal, Powell welcomed recent progress on...

The year 2024 has seen some eye-popping contrasts in the tech industry. While Tesla Inc (NASDAQ:TSLA) is leading massive layoffs, cutting 14% of its workforce, other tech giants such as Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) are busy bumping up executive salaries by...

Behaviour Interactive has announced significant layoffs, affecting up to 95 employees — 70 based in its Montreal office. According to GamesIndustry.biz, the decision comes as part of what the company terms “structural changes” to pursue a “clarified vision.” The studio has...

The rate of job creation in the U.S. private sector fell short of expectations in May, signaling a potential cooling in the labor market. U.S. private employers added 152,000 new jobs last month. That’s down from 192,000 in April, according to the latest ADP National Employment Report. The...

Reddit users are increasingly predicting an economic collapse in the U.S., with some even preparing for a scenario similar to the Soviet Union’s demise after the Cold War. The growing concern is being fueled by factors such as inflation, debt, and job market instability. What Happened: A...

David A Steinberg, CEO of Zeta Global, anticipates a significant shift in Wall Street jobs due to the influence of artificial intelligence (AI). What Happened: Steinberg shared his views on the future of Wall Street jobs while talking to Brian Sullivan during CNBC’s “Last Call”...

This article was originally published on Cannabis.net and appears here with permission. The marijuana industry now employs over 440,000 Americans and the plant is still Federally illegal. The Legal Cannabis Industry Employs 440,000 People Full-Time If you’ve been thinking about ...

Well-known investor Chamath Palihapitiya recently shared the one question he asks potential job candidates he interviews in hopes to filter out potential applicants. The One Question: Palihapitiya said he has interviewed thousands of people between the companies he has run and companies he has...

The job market is in flux in the U.S. right now, experiencing layoffs while the labor market has reported the highest payroll additions in the last 10 months. The unemployment rate has also fallen to 3.8% in March, while wage growth came in at 4.1% year-on-year during the month. But not every job...

The Institute for Public Policy Research (IPPR) has warned that the U.K. could lose up to eight million jobs due to the increasing integration of artificial intelligence in the workplace. The think tank, however, suggests that a “jobs apocalypse” is not inevitable if the government...

Over the weekend, Mark Cuban, the billionaire entrepreneur and owner of the NBA's Dallas Mavericks, shared an old video where he said he was "crushed" for his opinions back then.  What Happened: On Sunday, Cuban took to X, formerly Twitter, and shared a video from 2017 in which the billionaire...

“Shark Tank” investor Mark Cuban has called for taxing robots, citing Marc Andreessen, a prominent venture capitalist. What Happened: Cuban responded to a post by Andreessen via X, formerly Twitter, where the latter suggested that the increasing use of robots in the workforce could lead...

Bumble Inc. (NASDAQ:BMBL), the dating and social networking app, plans to lay off approximately 350 employees, constituting over 30% of its workforce. The decision was revealed as part of the company’s fourth-quarter earnings report. News of the layoff at Bumble comes amid a broader trend in...

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has tried to answer one of the biggest questions on everyone's minds: will AI take away jobs? What Happened: One of the biggest concerns sparked by the rapid rise of artificial intelligence (AI) in every facet of our lives is its potential...