The finance world is buzzing about AI taking over jobs, but the reality is more nuanced. While banks are investing big in AI, it's not the main reason for recent layoffs. The cuts are mostly due to overhiring during the pandemic and economic uncertainty. Experts argue that AI is often used as a conv
The tech industry is in a tough spot right now. Job cuts are piling up, and the outlook isn't great. The unemployment rate for tech jobs hit 4% in November, up from earlier in the year. That's a clear sign that tech companies are struggling. Over the past few months, the number of tech workers acros
The job market is facing some tough times. The unemployment rate has gone up to 4. 6%, the highest it's been since 2021. This news comes late because of a long government shutdown. Things aren't looking great. In October, the country lost 105, 000 jobs. A big part of this was because many federal w
The job market has been tough lately. Imagine getting a yearly summary from LinkedIn that highlights how many job applications you sent out and how many connections you made. It’s not exactly a confidence booster when the unemployment rate is at a four-year high. LinkedIn’s Year in Review feature s
The U. S. economy is sending mixed signals, according to recent data. The government has finally released some delayed reports, and they show a few worrying trends. For example, the unemployment rate has gone up to its highest point in four years. Also, retail sales didn't grow at all at the start o
The latest numbers show a rise in unemployment, hitting 4. 6% last month. This is the highest it's been in four years. More people are looking for work, but not everyone is finding full-time jobs. Wage growth has also slowed down, which is a concern. The White House is trying to put a positive spin
The US government has just started something big called the US Tech Force. It's a plan to hire 1, 000 top engineers for a two-year program. These engineers will work on important government projects, like building a digital platform for kids' savings accounts. The first group of engineers will be hi
The job market is changing fast. Big companies now want people who understand AI. But it's not just about tech skills. They also want employees who can think for themselves and question AI's results. Some companies, like BlackRock, even ban AI use during interviews. They've caught candidates trying
The U. S. job market is in a bit of a funk. In October, there were about 7. 7 million job openings. That's not a huge change from September, but it's a far cry from the peak of 12. 1 million openings in March 2022. Back then, the economy was bouncing back from COVID-19 lockdowns. Layoffs are up, to
The social sector, often overlooked, is facing a big problem. It's the third-largest employer in America, making up 10% of the workforce and contributing $1. 4 trillion to the economy. But lately, it's been hit hard by budget cuts and funding pullbacks, leading to a wave of job losses. Many social
