TAG · Economy
More American workers are testing positive for marijuana in workplace drug tests, while a growing number of employers are dropping pre-hire screening for the substance, according to new data from Quest Diagnostics and an employer survey by…
2026-07-10 · 3 MIN READSecretaries and administrative assistants, a women-dominated profession already in decline, face potential job displacement from artificial intelligence tools that can accomplish aspects of their workload with a tap, according to…
2026-07-02 · 3 MIN READAs of July 1, federal Pell Grant dollars became available for short-term workforce training programs for the first time, but few existing nondegree courses meet the new eligibility criteria, leaving community colleges working to reshape…
2026-06-30 · 3 MIN READChinese AI startup DeepSeek said it plans to at least double the size of all its departments after raising more than $7.4 billion in its first funding round at a valuation exceeding $50 billion, according to a company statement and reports.
2026-06-26 · 3 MIN READMonique Di Liberto spent 17 years as a full-time parent. When she began looking for paying work again, she said she felt paralyzed by self-doubt — a feeling familiar to millions of Americans navigating career breaks after layoffs,…
2026-06-25 · 4 MIN READThe Trump administration's revocation of temporary protected status for immigrants from countries including Honduras, Venezuela, Syria, and Haiti has cost US hospitals and nursing homes thousands of nursing assistants, home health aides,…
2026-06-23 · 4 MIN READOracle shed roughly 21,000 employees globally over the past year as the software and cloud-computing giant reorganized its operations around artificial intelligence, according to the company's latest annual report. The cuts amount to about…
2026-06-23 · 4 MIN READBabcock International, a major UK defence contractor, reported a 19% drop in underlying operating profits to £293.3 million for the year ending March 2026, citing a £140 million charge on its fixed-price contract to build five Type 31…
2026-06-22 · 3 MIN READLucid Group will lay off about 18% of its U.S. workforce, including Chief Operating Officer Marc Winterhoff, as the electric-vehicle maker continues restructuring to reduce costs and align production with demand.
2026-06-22 · 3 MIN READWall Street banks are rapidly deploying artificial intelligence for tasks ranging from loan underwriting to deal presentations, but executives are wrestling with how to manage workforce changes, retraining needs, and the future path to…
2026-06-18 · 3 MIN READRent is rising slower than wages and inflation nationally, but the relief is concentrated in Sun Belt cities that have built tens of thousands of new apartments. In Chicago and other cities where construction has lagged, renters face some…
2026-06-16 · 4 MIN READAs businesses accelerate adoption of artificial intelligence, workplace experts say the skills most resistant to automation are those that are distinctly human: empathy, critical thinking, relationship building, conflict resolution, and…
2026-06-11 · 3 MIN READThe Bureau of Labor Statistics on Friday reported a U.S. unemployment rate of 4.2 percent for June 2026, near recent readings. The broader U-6 underemployment measure fell to 7.9 percent from 8.2 percent the prior month, while the Job…
2026-07-03 · 4 MIN READAnthropic on Wednesday announced a $200 million investment to research artificial intelligence’s effects on employment and the economy, and its CEO published an essay arguing that the government should provide economic support to those…
2026-06-10 · 3 MIN READ
Trucking executives are declaring an end to one of the longest freight downturns in carriers' memory, with rates rising to sustainable levels after nearly four years of slumping earnings. The recovery is supply-driven, as Trump…
2026-06-10 · 4 MIN READMeta Platforms Inc. on Monday launched a free, five-week workforce academy to train workers to build its data centers, guaranteeing graduates a job at a Meta construction site. The company committed $115 million to the program this year,…
2026-06-08 · 3 MIN READA Bethlehem, Pennsylvania police officer who resigned less than a year after joining the force to appear as a contestant on the reality dating show Love Island USA has drawn criticism from city officials and divided residents in his…
2026-06-06 · 3 MIN READThe Bureau of Labor Statistics reported Tuesday that U.S. job openings rose to 7.6 million in April, the highest level in nearly two years, as the labor market showed resilience amid the ongoing U.S.-Israel-Iran war. The figure beat…
2026-06-02 · 3 MIN READHarvard economist Kenneth Rogoff warned Tuesday that the rapid expansion of artificial intelligence could create a permanent global underclass, with developing nations and countries outside the AI supply chain facing mass job displacement…
2026-06-02 · 3 MIN READFederal Reserve Bank of New York researchers said Monday that the pandemic-era shift toward remote work is connected to an increase in unemployment among younger workers, estimating that approximately 64% of the jobless rate rise among…
2026-06-01 · 3 MIN READThe number of Americans filing for unemployment benefits rose by 5,000 last week to 215,000, though layoffs remain near historic lows even as the Iran war casts uncertainty over the U.S. economic outlook, the Labor Department reported…
2026-05-28 · 3 MIN READRecruiters inundated with AI-generated job applications are deploying artificial intelligence of their own to handle the surge, using chatbots to conduct screening interviews via phone, text and video. The practice, documented in new…
2026-05-27 · 3 MIN READNew Hampshire Public Radio reported that a weeklong program is teaching high school students historic building techniques, aiming to help address a shortage of tradespeople who can repair older structures. NPR’s report followed students at…
2026-05-18 · 3 MIN READDropbox’s chief people officer said Thursday the San Francisco-based cloud storage company remains fully committed to its virtual-first staffing model, having met all its financial goals since adopting the policy in 2020, even as a growing…
2026-05-15 · 3 MIN READIn an interview with The Associated Press, Dropbox Chief People Officer Melanie Rosenwasser said the company does not plan to return most employees to offices, instead keeping a “virtual-first” staffing model. Rosenwasser described how…
2026-05-15 · 3 MIN READU.S. employers added a surprisingly strong 115,000 jobs in April, far surpassing the 65,000 economists had forecast, as the labor market proved more resilient than expected to the economic shock of the Iran war, the Labor Department…
2026-05-10 · 3 MIN READU.S. employers added 115,000 jobs in April, nearly double the 65,000 forecasters had expected, the Labor Department reported Friday, keeping the unemployment rate at a low 4.3% even as the war with Iran drives up fuel costs and…
2026-05-10 · 4 MIN READThe Labor Department reported that US employers added 115,000 jobs in April, beating economists’ expectations even as the Iran war disrupted global oil supplies and pushed gasoline prices above $4.50 a gallon. The unemployment rate held at…
2026-05-10 · 3 MIN READU.S. employers added 115,000 jobs last month, and the unemployment rate held at 4.3%, the Labor Department reported May 8. At the same time, the average 30-year fixed mortgage rate rose to 6.37% and weekly jobless claims increased to…
2026-05-10 · 3 MIN READU.S. stocks rose to record highs Friday after a jobs report pointed to continued strength in the labor market, even as fighting in the Strait of Hormuz pushed oil prices higher. The S&P 500 climbed 0.8% to an all-time high after U.S.…
2026-05-10 · 3 MIN READU.S. stocks rose to all-time highs on Friday, with the S&P 500 and Nasdaq notching records, as a surprisingly strong jobs report overshadowed investor anxiety over elevated oil prices and renewed military action in the Strait of Hormuz.…
2026-05-10 · 3 MIN READYoung Americans have lost confidence in the job market at a pace not seen since the Great Recession, with the share who say it is a good time to find work in their area dropping 27 percentage points since 2023, according to a new Gallup…
2026-05-10 · 4 MIN READYoung Americans are much less likely than older adults to say it is a good time to find a job where they live, according to a new Gallup World Poll analysis released Monday. In the United States, 43% of people ages 15 to 34 said it is a…
2026-05-10 · 3 MIN READThe number of Americans filing for unemployment benefits rose to 200,000 in the week ending May 2, the U.S. Labor Department reported Thursday, but the level remains near historically low levels. The Labor Department said the previous…
2026-05-07 · 3 MIN READU.S. employers advertised 6.87 million job openings in March, barely changed from 6.92 million in February, but a pickup in hiring and voluntary quits signaled underlying strength in the labor market before the full economic consequences…
2026-05-06 · 5 MIN READThe latest inflation report showed prices rising sharply in March as gasoline prices surged amid the Iran war, potentially delaying interest-rate cuts. Separately, the economy grew at a modest pace at the start of 2026, consumer confidence…
2026-05-03 · 3 MIN READCollege students in the United States are changing majors and plans as they worry that artificial intelligence could automate entry-level tasks and reshape job markets by the time they graduate. Reporting by the Associated Press describes…
2026-04-28 · 3 MIN READAmericans filed for unemployment benefits for the week ending April 18, rising 6,000 to 214,000, the U.S. Labor Department reported Thursday. The increase left jobless-aid claims within a range economists have described as historically…
2026-04-22 · 3 MIN READThe FBI and Justice Department are scrambling to rebuild workforces depleted by a wave of resignations and departures over the past year, easing hiring requirements and accelerating recruitment in ways that current and former officials say…
2026-04-19 · 4 MIN READAn analysis by the Flatwater Free Press shows Nebraska has lost an estimated 70,000 jobs relative to its regional competitors since 2010, marking a sharp reversal for a state once recognized nationally for creating jobs. The decline became…
2026-04-17 · 5 MIN READThe number of Americans filing for unemployment benefits fell to 207,000 for the week ending April 11, the U.S. Labor Department reported Thursday, signaling steady layoffs despite broader economic uncertainty. The Labor Department also…
2026-04-16 · 3 MIN READAutism spectrum disorder affects roughly 1 in 45 adults in the U.S., yet many autistic workers report burning out in jobs where their communication styles and sensory needs go unaddressed. In April, workplace inclusion experts and people…
2026-04-16 · 4 MIN READThe number of Americans applying for unemployment benefits for the week ending April 4 rose to 219,000 from 203,000 the prior week, the U.S. Labor Department reported April 9. The increase was fueled in the near term by a shifting…
2026-04-09 · 4 MIN READU.S. applications for unemployment benefits rose last week, reaching 219,000 for the week ending April 4, the Labor Department reported. The increase came as a two-week Iran-U.S. ceasefire lifted markets and helped pull oil prices sharply…
2026-04-08 · 3 MIN READManhattan tailor Kil Bae says customers increasingly seek custom alterations and resizing as fashion changes and weight-loss drugs drive demand for adjusted fits. But Bae, 63, is among a shrinking group of tailors, dressmakers and sewers…
2026-04-07 · 3 MIN READThe number of Americans filing for unemployment benefits fell last week to 202,000, the Labor Department reported. The decline came as layoffs remained sparse even as uncertainty about the war with Iran has pushed up energy costs. The…
2026-04-03 · 3 MIN READA growing number of Americans are “unretiring,” taking gig jobs or other contract work after decades in careers, citing rising living costs and insufficient retirement savings. In reporting from Plainview, New York, drivers and pet-care…
2026-04-03 · 3 MIN READThe number of Americans applying for unemployment benefits fell to 202,000 for the week ending March 28, a Labor Department report showed Thursday, keeping layoffs relatively sparse. Jobless claims have been mostly in a tight band for…
2026-04-02 · 3 MIN READUS applications for unemployment benefits fell to 202,000 for the week ending March 28, the U.S. Labor Department reported April 2. The decline came as layoffs remained sparse even as uncertainty tied to the Iran war raised costs, with the…
2026-04-01 · 3 MIN READRural communities in Michigan are facing an “extreme shortage” of paramedics and emergency medical technicians as emergency medical services agencies deal with shrinking revenue and staffing costs, according to the Michigan Association of…
2026-03-31 · 3 MIN READCROWLEY, La. — Louisiana’s crawfish industry is facing delays and reduced access to foreign seasonal workers as the state’s spring peak season begins, operators and state officials say. Crawfish producers and processors rely on workers on…
2026-03-28 · 3 MIN READThe number of Americans applying for jobless aid inched up last week, the U.S. Labor Department reported, even as employers have continued to retain workers. For the week ending March 21, initial filings rose to 210,000 from 205,000 the…
2026-03-27 · 3 MIN READU.S. job openings rose to about 7 million in January, according to data the Labor Department released Friday. Employers added openings despite a labor market that has looked sluggish in recent months, with layoffs edging lower and quits…
2026-03-14 · 3 MIN READU.S. job openings rose to 6.95 million in January, according to the Labor Department, up from 6.55 million in December. The increase came as employers continued to cut jobs and as economists said the labor market remained sluggish.
2026-03-14 · 3 MIN READU.S. jobless benefit applications fell modestly to 213,000 for the week ending March 7, the Labor Department reported Thursday, a sign layoffs remained at historically low levels even as the job market shows signs of weakening. Economists…
2026-03-11 · 3 MIN READThe number of Americans filing for unemployment benefits last week was unchanged at 213,000, a sign layoffs remain low, the Labor Department reported. But continuing claims for the prior week rose to 1.87 million, indicating more people…
2026-03-05 · 3 MIN READAmerican employers unexpectedly cut 92,000 jobs last month, and the unemployment rate edged up to 4.4%, adding to economic uncertainty as the war with Iran drives up costs. The Labor Department’s jobs report also included revisions that…
2026-03-05 · 3 MIN READMorgan Stanley is laying off approximately 2,500 employees — about 3% of its global workforce — across the entirety of its investment bank, according to a person familiar with the matter who spoke to the Associated Press on the condition…
2026-03-05 · 4 MIN READSlightly more Americans filed for unemployment benefits last week while layoffs remained in a relatively healthy range, the U.S. Labor Department reported. The number of people seeking jobless aid for the week ending Feb. 21 rose to…
2026-02-26 · 3 MIN READSlightly more Americans applied for unemployment benefits last week while layoffs remained relatively low. For the week ending Feb. 21, 212,000 people filed for jobless aid, up 4,000 from the previous week, the U.S. Labor Department…
2026-02-25 · 3 MIN READUS consumer confidence improved slightly in February after collapsing the previous month, the Conference Board reported Tuesday, though Americans remain deeply anxious about their economic prospects as job growth stumbles and tariff…
2026-02-24 · 3 MIN READFederal Reserve Gov. Christopher Waller said Monday that a rate cut at the Fed’s March meeting could be a “coin flip,” depending on how the jobs picture evolves after a strong January report. He spoke after employers added more than…
2026-02-23 · 4 MIN READFederal Reserve governor Christopher Waller said solid job gains in January could mean the Fed skips a rate cut at its March meeting, depending on what February’s jobs report shows. Speaking Monday, Waller said he views the two possible…
2026-02-22 · 3 MIN READU.S. applications for unemployment benefits fell last week to 206,000, the Labor Department reported, as weekly layoffs remained at historically low levels. The week ending Feb. 14 saw filings drop by 23,000 from the prior week and come in…
2026-02-20 · 3 MIN READUS applications for unemployment benefits fell last week to 206,000 for the week ending Feb. 14, the U.S. Labor Department reported. The drop comes as layoffs remain in a historically low range, according to the department and analysts.
2026-02-19 · 3 MIN READUS job openings fell to 6.5 million in December, the lowest level in more than five years, a sign that hiring remains sluggish even as overall economic growth stays strong. The Labor Department said vacancies declined from 6.9 million in…
2026-02-06 · 3 MIN READA new report from University of Hawaiʻi economists argues that Hawaiʻi’s affordability problem is not only about high prices, but also about low incomes and a lack of high-paying jobs that has helped drive people to leave the state. The…
2026-02-05 · 3 MIN READThe U.S. Labor Department said it will not release the January jobs report on Friday as scheduled because of the partial federal government shutdown. The Bureau of Labor Statistics also postponed a separate jobs data release covering job…
2026-02-03 · 3 MIN READU.S. applications for unemployment benefits for the week ending Jan. 24 fell by 1,000 to 209,000, the Labor Department reported Thursday, a proxy for layoffs that remains in a historically healthy range. The four-week average of jobless…
2026-01-29 · 3 MIN READWorkers across the U.S. are reporting increased anxiety as more companies announce job cuts and hiring remains weak amid economic uncertainty. The job market added only about 50,000 jobs in the latest month cited by economists in this…
2026-01-29 · 3 MIN READMajor corporations are cutting tens of thousands of jobs, intensifying worker anxiety in a labor market that has nearly ground to a halt. Amazon announced Wednesday it would eliminate 16,000 corporate positions in its second major round of…
2026-01-28 · 4 MIN READAmazon is cutting 16,000 corporate jobs in the second round of mass layoffs in three months, the company announced Wednesday. The cuts represent Amazon's biggest layoff since 2023, when it cut 27,000 workers. CEO Andy Jassy is pushing to…
2026-01-28 · 4 MIN READGov. Greg Abbott ordered Texas universities and state agencies on Tuesday to halt new H-1B visa petitions, which employers use to hire foreign workers with specialized skills, until May 31, 2027. The pause applies to new petitions at…
2026-01-27 · 5 MIN READU.S. consumer confidence plummeted to a 12-year low in January as Americans grew increasingly concerned about their financial futures. The Conference Board reported Tuesday that its consumer confidence index fell 9.7 points to 84.5, the…
2026-01-27 · 3 MIN READFrom family-run cafes to retail giants, U.S. businesses are increasingly caught between public pressure to respond to immigration enforcement and becoming the sites of federal arrests themselves. The pressure on businesses intensified on…
2026-01-26 · 4 MIN READCSX's fourth-quarter profit fell 2% to $720 million as weak shipping demand and severance costs from recent layoffs pressured results, the Jacksonville-based railroad said Thursday. The carrier earned 39 cents per share, up from 38 cents…
2026-01-22 · 3 MIN READThe number of Americans filing for unemployment benefits edged up last week, but U.S. layoffs remained historically low despite signs of labor-market softening. Jobless claims for the week ending Jan. 17 rose to 200,000, according to the…
2026-01-21 · 3 MIN READFewer Americans filed initial claims for unemployment benefits in the latest week, a sign layoffs remained limited even as concerns grew about hiring slowing in the US. For the week ending Jan. 10, 198,000 people applied for jobless aid,…
2026-01-16 · 3 MIN READFewer Americans filed for unemployment benefits last week as layoffs remain subdued, the Labor Department reported Thursday. Initial jobless claims for the week ending Jan. 10 fell by 9,000 to 198,000 — well below the 215,000 that analysts…
2026-01-15 · 3 MIN READ
