Employment
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Fed Chair Warsh: No Need to Sacrifice Jobs to Lower Inflation, AI Policy Decisions Do Not Belong to the Federal Reserve
Federal Reserve Chairman Warsh stated that he does not believe it is necessary to harm the labor market to achieve inflation targets, and that the current US unemployment rate is largely consistent wi
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UK Payrolls Drop More Than Expected
UK Payrolls Drop More Than Expected
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Bloomberg Economics report estimates 27% of advanced economies' employment exposed to AI, with 380 million jobs potentially impacted
A new Bloomberg Economics report estimates that advanced economies have 27% of employment meaningfully exposed to the first-order effects of AI. Chief Economist Tom Orlik breaks down the new study, wh
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Cognizant Says AI Creates Jobs, Its Own Restructuring Says Otherwise
Cognizant (NASDAQ:CTSH) is promoting its plans to hire 1,500 U.S. college graduates and expand its AI-focused workforce to 15,000 people, with CEO Ravi Kumar S stating AI will create significantly mor
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New York Fed report shows increased US consumer concerns about personal finances and employment.
U.S. consumers grew more concerned about the job market and their personal financial situations in August, even as their inflation outlook remained largely unchanged, a report from the New York Fed sh
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IMPAX Asset Management anticipates increased volatility in the U.S. Treasury market around the release of inflation and employment data.
IMPAX Asset Management anticipates increased volatility in the U.S. Treasury market around the release of inflation and employment data.
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Dallas Fed Report: Texas AI-exposed job postings have been on a continuous decline since ChatGPT's release in 2022, with an unusually high unemployment rate for recent graduates.
The Federal Reserve Bank of Dallas released a research report on September 1, stating that since the advent of ChatGPT in 2022, the number of job postings for AI-exposed positions in Texas has continu
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Financial Times: Research shows a decline in job postings for AI-impacted professions in Texas, a state at the heart of the US data center boom.
Financial Times: Research shows a decline in job postings for AI-impacted professions in Texas, a state at the heart of the US data center boom.
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Seattle Faces Housing Slowdown as AI Reshapes Employment
Seattle Faces Housing Slowdown as AI Reshapes Employment
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US Job Growth in Year Through March Marked Down 79,000 in Preliminary Estimate
The preliminary estimate indicates that US job growth was more moderate in the year through March than previously reported, underscoring a downshift in the labor market.
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Bloomberg Opinion Columnist Kathryn Anne Edwards Criticizes Fed Chair Warsh's Data Task Force as a 'Missed Opportunity and Step Backward'
Edwards' comments come after Fed Chair Kevin Warsh announced the formation of a data task force last month, which she views as a detrimental move for jobs data.
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Bill Gates proposes reserving up to 40% of jobs for humans and taxing AI/robots to mitigate job displacement
Microsoft co-founder Bill Gates, in a new essay on AI's impact, suggested creating "Human Reserved" roles, similar to nature reserves, to protect workers from automation. He argues that current tax ru
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U.S. consumer confidence fell to a seven-month low of 89.4 points in August, the lowest since January this year, due to increasing pessimism about employment and economic prospects.
U.S. consumer confidence fell by 0.8 points to 89.4 in August, following a downward revision in the previous month, data from the Conference Board showed on Tuesday. Meanwhile, the University of Michi
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Apollo Chief Economist: AI's initial impact is more on wages than employment
Apollo Chief Economist Torsten Slok's study of hundreds of occupations found that jobs with higher exposure to AI have seen weaker wage growth, while the employment effect remains relatively small. Sl
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MarketWatch: U.S. Gen Z's attitude towards AI shifts, majority of young people concerned AI will take their jobs
MarketWatch reports that concerns among young Americans about AI's impact on jobs are soaring, as new college graduates face higher unemployment rates.
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LinkedIn study finds Millennials and Gen Z are securing fast-growing, high-paying AI jobs, with median salaries for typical AI roles at $177,000
The research indicates that young workers are thriving in the AI job market, despite facing difficulties in the broader job market. Gen Z accounts for over two-thirds of hires for roles like forward d
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German automotive sector shed 42,300 jobs in year to June, employment lowest since 2005
Germany's automotive industry saw a 5.8% decline in employment in the year to the end of June, reaching its lowest level since 2005. This is attributed to falling profits in China and increasing compe
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Financial expert Suze Orman warns: AI may force people out of work before age 65, early retirement could mean losing over $12,000 annually.
Financial expert Suze Orman warns: AI may force people into unemployment before age 65, with early retirement potentially costing over $12,000 annually. Orman stated that she has always been concerned
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Analysis indicates that under the leadership of Federal Reserve Chairman Kevin Warsh, the September meeting may once again keep interest rates unchanged.
The article analyzes that Federal Reserve Chairman Kevin Warsh has maintained interest rates unchanged in two meetings since taking office in March. Despite the largest divergence in a decade at the m
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Indian Blue-Collar Workers Are Training Humanoid Robots by Filming Their Hand Movements, Potentially Aiding AI in Taking Their Jobs
According to Bloomberg, these workers are strapping cameras to their foreheads to teach robots how humans move, in what is described as AI's latest gold rush.
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Resume Now releases "Top 10 AI-Proof Jobs" list, with firefighters at the top, emphasizing the need for "superhuman" skills.
Resume Now, an online resume builder platform, released a list on July 10 outlining 10 professions that AI cannot replace. The common characteristic of these professions is that they require "superhum
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Goldman Sachs Chief Economist: The Federal Reserve's Future Policy Decisions Will Focus More on Inflation Data Than Employment, Expects Further Cooling of Inflation
Goldman Sachs Chief Economist Jan Hatzius stated on August 7 that the Federal Reserve might prioritize inflation data over employment data in future policy decisions. He believes that June's inflation
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Hassett says jobs rose by 100,000 when excluding government workers and World Cup factors.
Hassett says jobs rose by 100,000 when excluding government workers and World Cup factors.
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U.S. July government jobs decreased by 53,000.
U.S. July government jobs decreased by 53,000.
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Federal Reserve insider Nick Timiraos: US Q3 employer benefit costs rose 3.9%, exceeding wage growth of 3.1%, due to soaring health insurance premiums.
The Federal Reserve's insider, Nick Timiraos, citing Employment Cost Index (ECI) data, noted that U.S. employer benefit costs surged by 3.9% in the third quarter, significantly exceeding the 3.1% grow
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Hyundai Motor and its labor union agreed to scale back planned US production relocation to 74,000 units from its Ulsan plant to secure domestic employment.
Hyundai Motor and its labor union agreed to scale back planned US production relocation to 74,000 units from its Ulsan plant to secure domestic employment.
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President Trump returned to Florida, highlighting his administration's achievements in employment, senior citizen benefits, and veterans' affairs.
The White House announced that President Donald Trump returned to Florida today to highlight his administration's significant achievements in serving hard-working Americans. Under President Donald Tru
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White House Council of Economic Advisers Analysis: President Trump's Pro-Growth Policies Are Driving a U.S. Manufacturing Resurgence
The White House Council of Economic Advisers (CEA) released a new analysis stating that President Trump's "America First" agenda is revitalizing American manufacturing, bringing historic investment, r
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Goldman Sachs: AI Could Temporarily Displace 9% of Workers, Warns Layoffs May Accelerate During Downturns
Goldman Sachs estimates that a 15% productivity boost from AI could temporarily displace around 9% of workers during the transition. Historical research indicates that every 1% productivity gain from
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Trump highlights South Carolina achievements in tax relief, investment, and job creation
President Trump returned to South Carolina to highlight his administration's achievements, including historic tax relief, surging private investment, job creation, and strengthened rural healthcare. K
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ADP Report: US private sector hiring momentum significantly slowed by 29%, with an average of 18,500 new jobs added per week in the four weeks ending October 3.
ADP Report: US private sector hiring momentum significantly slowed by 29%, with an average of 18,500 new jobs added per week in the four weeks ending October 3.
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BBC Analysis: US Economic Growth at 2.2% During Trump's Term, Inflation at 3.7%, and Job Growth Slowed
BBC Verify analysis indicates that the U.S. economy is currently growing at an annualized rate of 2.2%, with overall GDP growth of approximately 3.2% since Donald Trump's second term began in late 202
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President Trump highlights economic achievements in Kansas, including tax relief and job creation
Today, President Donald J. Trump showcased his administration's achievements in Kansas, emphasizing historic tax relief, surging private investment, job creation, stronger rural healthcare, and signif
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CNBC analysis suggests women may face greater risk of AI-driven job losses, citing historical patterns from automated telephone switches and personal computers.
CNBC analysis suggests women may face greater risk of AI-driven job losses, citing historical patterns from automated telephone switches and personal computers. The International Labour Organization's
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UN development chief warns emerging markets face 800 million job shortfall over next decade
United Nations Development Programme Administrator Alexander De Croo stated on Thursday that developing countries are projected to face a shortfall of 800 million jobs over the next decade. He added t
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AI job displacement to curb Asia-Pacific office demand: CBRE
Property consultancy CBRE reported on Thursday that AI-driven job displacement is expected to trim five percentage points off office space demand growth in developed Asia-Pacific economies over the ne
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Donald Trump visited Montana, highlighting the achievements of his "America First" policy in areas such as taxation, employment, and energy.
President Trump traveled to Kalispell, Montana today to review the results of his "America First" policies, including historic tax relief for Montana workers, families, and communities, fostering priv
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China to Launch AI-Linked Employment Initiative
China will launch an employment initiative aimed at adapting skills to the development of artificial intelligence, human-resources officials said at a State Council Information Office briefing on Satu
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Canada's employment change was -68,000, compared to an expected 7,000 and a previous reading of -42,000, falling below expectations.
Employment Change: -68,000, expected 7,000, prior -42,000, below expectations Release Time: 2026-10-09 12:30 UTC
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Canada's September employment plummets by 68,300, significantly missing expectations.
Canada's economy shed 68,300 jobs in September, significantly missing market expectations for an increase of 9,200. The unemployment rate rose to 6.5%, with declines in both full-time and part-time em
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Gaza voters prioritize jobs and security ahead of Palestinian elections
Ahead of the first Palestinian national elections in 20 years, scheduled for November 28, voters in Gaza are primarily focused on jobs and security. The region faces an unemployment rate of approximat
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AI is redefining Wall Street jobs, with demand for 'agent orchestration' skills surging 1,721%
Wall Street banks are fueling a hiring surge for AI engineers, with AI-related job postings at firms including JPMorgan Chase, Citigroup, and Capital One increasing 49% this year compared to 2025, rea
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Morgan Stanley MUFG Securities Senior Adviser Robert Alan Feldman: Making AI work for workers requires reducing monopoly, creating new demand, and reskilling workers.
Morgan Stanley MUFG Securities Senior Adviser Robert Alan Feldman: Making AI work for workers requires reducing monopoly, creating new demand, and reskilling workers.
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US initial jobless claims for the week ended September 26 were 197,000, compared to an expected 200,000 and a prior reading of 197,000, below expectations.
US initial jobless claims for the week ended September 26 were 197,000, compared to an expected 200,000 and a prior reading of 197,000, below expectations.
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California Gov. Newsom signs landmark law banning AI 'robo bosses' from firing workers
California Governor Gavin Newsom has signed a landmark AI law, SB 947 (dubbed the No Robo Bosses Act), making California the first U.S. state to ban employers from relying solely or primarily on artif
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Bitcoin faces a critical test at $85,000, with Wall Street focused on multiple US inflation and employment data releases this week.
Glassnode analysis shows that the $84,000-$85,000 range is a concentrated buying area for Bitcoin long-term holders, and Bitcoin is now testing this critical price zone after hitting an intraday low o
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AI is transforming the job market, making it harder for recent graduates to find work, with unemployment for 22-27 year-olds at 5.7% in June 2026.
Employers are increasingly using AI for screening, with 66% of recruiters planning to increase AI pre-screening in early 2026. While 81% of job seekers plan to use AI in their search, a significant po
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Fed's Goolsbee warns: Returning to 2% inflation target "will not be without pain," employment and wages may pay the price.
Chicago Fed President Austan Goolsbee stated on Monday that supply shocks have become more frequent and persistent in recent years, and the Federal Reserve can no longer simply "look through" them as
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Employment
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Meta rose 3.01% from its previous close, now trading at $630.935.
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ECB's Cipollone: Europe to move to T+1 securities settlement on 11 October 2027; Eurosystem expands tokenised finance infrastructure
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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Cryptocurrency Exchange Fee Comparison: How to Choose the Lowest-Cost Buying and Selling Channels?
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Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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