Nonfarm payrolls were expected to increase by 59,000 in March, with the unemployment rate holding at 4.4%.
AI is coming for the jobs market, Goldman Sachs warned. "Job losses in AI-affected industries have been visible but moderate," Goldman Sachs economist Pierfrancesco Mei wrote in a new note on Tuesday.
Every time Kristine publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...
NEW YORK, Nov 20 (Reuters) - The pace of U.S. job growth accelerated more than expected in September, and the unemployment rate increased, indicating the labor market remained on the sluggish side, ...
Discover the economic and societal impacts of unemployment, including hidden challenges for individuals and long-term effects on GDP and government expenses.
Berkshire County’s unemployment rate climbed to 4 percent in September, the highest level the region has seen in four years. But even as unemployment rises, the labor market remains tight. Local ...
Recently the Federal Reserve (the “Fed’) cut its key interest rate. This was their first rate cut in nine months. Although the reduction was modest – one quarter of one percent – it was noteworthy ...