America's Next Economic Problem: Too Few People, Too Little Movement
Net US migration is set to crash from 2.7 million in 2024 to 321,000 in 2026. With births down and boomers retiring, employers face a shrinking, aging workforce.
Topic
Labor Market
Topic
Labor Market
Construction Quits Hit 198,000; Openings Up 92,000 Year Over Year
September construction job quits rose to 198,000, the highest since the first half of 2023, while openings were 92,000 higher tha…
Gallup: U.S. worker engagement sinks to 29% as hiring stays weak
Gallup’s U.S. engagement measure fell to 29%, its lowest since 2011, while September hiring and quits data showed workers had lit…
US Economy Added 165,000 Jobs in October, Beating Forecasts
The US added 165,000 jobs in October, unemployment fell to 4.1% and layoffs hit an 18-month low — yet inflation at 3.7% still out…
165,000 Jobs Added in October, but 339,000 More Americans Were Cut to Part-Time
U.S. employers added 165,000 jobs in October, but 339,000 more Americans slid into involuntary part-time work as wages lagged inf…
October Jobs Report: 59,000 New Jobs Won't Rescue Battered Markets
Economists expect 59,000 new October jobs after September's 29,000. Unemployment should hold at 4.2% as layoffs hit historic lows…
Small Business Job Growth Flat in October as Hours, Not Hires, Drive Output
Paychex's October index hit 99.21, barely changed on the month. Employers added hours for an eighth straight month while hourly e…
BofA Warns AI Correction Threatens Global Economy as Data Centers Hit Ballot
BofA warns an AI correction is "a major risk to the global economy" as voters weigh 41 data-center measures and tech capex heads…
AI Could Reshape Work—and Make Human Judgment More Valuable
About 60% of U.S. employment in 2018 was in specialties that did not exist in 1940, as AI pressures support work and raises the v…
BofA to AI Doomsayers: 60% of Today's Jobs Didn't Exist in 1940
Bank of America says 840 million jobs are exposed to generative AI, but only 2.3% face true automation — and history says economi…
a16z Calls AI Job Apocalypse a Fantasy. The Data Isn't So Sure
David George calls the AI job apocalypse "unhelpful marketing, bad economics and worse history." Yet 70% of Americans expect AI t…