College grad unemployment surges as employers replace new hires with AI

College grad unemployment surges as employers replace new hires with AI – CBS News Watch CBS News The unemployment rate for new college graduates has recently surged. Economists say businesses are now replacing entry-level jobs with artificial intelligence. Ali Bauman has the story. Be the first to know Get browser notifications for breaking news, live…

Employers added 147,000 jobs in June as U.S. labor market continues to defy expectations

Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic growth this year. That figure is in line with the average monthly gain of 146,000 over the last year, according to the Labor Department. The numbers Job growth was stronger than expected in June. Payroll gains sailed past the 115,000…