Last week, fewer Americans filed for unemployment benefits, hinting that job cuts are still relatively low. The numbers dropped by 6, 000 to 216, 000, which is below what experts predicted. This data is a good way to check the health of the job market. However, the situation isn't all positive. The total number of people receiving jobless benefits went up to 1. 96 m...
People are feeling less sure about the economy and their own futures. A recent survey shows that worries about finding a job are growing. The survey's main number, which measures how people feel about the economy, dropped to 88. 7 in November. This is the lowest it's been since April and a big drop from the month before. The survey also asked people about their hope...
Prices are going up, and it's not just a small increase. They're climbing at a speed that's making life harder for many people. An expert in economics has pointed out that this affordability crisis could have been avoided. The expert shared some numbers that show how bad it is. In September, prices were up 3% from the year before. That's higher than the 2. 3% increa...
The U. S. economy in 2025 is like a seesaw. On one side, artificial intelligence is booming. On the other side, everything else is struggling. AI developers and chipmakers are making huge profits. Investments are pouring in. Data centers are popping up everywhere. Utilities are working hard to meet the growing demand for electricity. Workers with AI skills are gettin...
The job market is like a slow dance right now. It's not crashing, but it's not exactly thriving either. Hiring has been slow, but there haven't been massive layoffs. It's a bit of a strange situation. The government is shut down, so the usual monthly jobs report isn't happening. This is the second month in a row without this report, which is a big deal. But, there's...
In October, private companies added 42, 000 jobs, which was more than what experts predicted. This news came after a drop in September, where 29, 000 jobs were lost. The numbers were adjusted, showing that September's job loss was actually smaller than first thought. Some parts of the job market did well. For example, jobs in trade, transportation, and utilities wen...
Gen Z is facing a tough time in the job market. Older generations often dismiss their complaints, but the reality is that finding and keeping a job has become a challenging and dehumanizing experience. The job market is tough, with many companies focusing on short-term profits and reducing their workforce. The process of applying for jobs has changed dramatically. W...
Artificial intelligence is changing the job market fast. Many people worry they will lose their jobs to AI. But not all jobs are at risk. Some jobs are safer than others. Experts say AI is like a student who has all the old exams. This student will do better than someone who has only a few notes. In the job market, some industries have lots of data. AI can learn fro...
Pennsylvania is facing some tough times when it comes to jobs. A recent study puts the state near the bottom of the list for job opportunities. Out of all 50 states, Pennsylvania ranks 44th, with only a few states faring worse. Experts point out that job security and protections for workers are not as strong here compared to other places. One big issue is the high t...
The tech industry is changing fast, and not in a good way for young people who just got their coding degrees. A few years back, learning to code was a sure way to get a great job. But now, things are different. Many companies are using AI to do the work instead of hiring people. A recent study shows that jobs for young coders, especially those between 22 and 25, hav...