Young adults in the U. S. are facing a tough job market. The unemployment rate for those aged 20 to 24 is at 6. 6%, the highest in a decade. For high school graduates aged 18 to 19, it's even worse at 14. 5%. Why is this happening? Some say it's because of economic uncertainty and fears that artificial intelligence will reduce the need for workers. But a new study s...
The job market for recent college graduates has seen a significant shift in the past few years. Those who graduated in 2021 and 2022 entered a booming job market with low unemployment rates. However, the situation has changed. By March, the unemployment rate for recent graduates had risen to 5. 8%. This shift has made it much harder for new graduates to find jobs. M...
AI is shaking up computer science classes. Schools are scrambling to figure out how to teach students what they need to know. With AI tools getting smarter, some think coding skills might not be as important as they used to be. The tech job market is tough right now. There are fewer jobs for new graduates. This makes it even more important for students to stand out....
NASA is facing a significant exodus of employees. Over 2, 600 workers have already accepted a voluntary departure offer, and this number is expected to rise until the deadline at the end of July. On top of that, around 350 more employees are planning to leave through other means. This means that more than 17% of NASA's workforce is set to depart soon. The impact is ...
Investors are cheering as the economy shows signs of slowing down. The S&P 500 hit a new high, and it seems like the bad news for workers is good news for stock markets. Why? Because when the economy isn't doing so well, the Federal Reserve might cut interest rates. Lower interest rates usually mean good things for stocks. The job market is cooling off. Experts pred...
Elon Musk, the head of Tesla and SpaceX, has once again spoken out against President Donald Trump's massive tax and spending cuts bill. He believes this bill, which Senate Republicans are trying hard to pass, will lead to job losses and hurt growing industries. Musk shared his thoughts on X, saying the bill would "destroy millions of jobs in America" and "cause imme...
Healthcare has been a reliable job creator in recent years. However, a budget plan moving through Congress could change that. The plan aims to reduce Medicaid funding by roughly 800 billion dollars. This could lead to nearly 8 million people losing their Medicaid coverage. Additionally, 2 million more could lose their Affordable Care Act insurance if tax subsidies ex...
The job market is showing signs of slowing down. In May, the private sector saw the smallest increase in jobs in over two years. This news comes from a report by a company that processes payrolls. The numbers are not looking great. Only 37, 000 new jobs were added. This is much lower than the 60, 000 jobs added in April, which was also revised downwards. It is ...
The job market is changing. More people are going back to their old jobs. This trend is called boomerang hiring. It's not just about workers going back. Employers are also more open to hiring people they've worked with before. This shift is happening because the job market is uncertain. Both employers and employees are looking for stability. The tech and media indus...
The job market is tough right now. People are taking on any role just to get a paycheck. This isn't new, but it's becoming more common. The number of job postings is dropping, and artificial intelligence is making things even harder. Plus, there's a good chance you'll be ghosted after applying for a job. Many people are stuck in jobs that don't use all their ski...