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…
Legislative Hall, the Delaware State Capitol, in Dover, Delaware Aimintang | Istock | Getty Images State and local government job growth powered the U.S. labor market’s expansion in June. Government jobs saw the largest month-over-month sector growth at 73,000, according to data from the federal Bureau of Labor Statistics released Thursday. That means government jobs…
Job growth proved better than expected in June, boosted by government hiring, as the labor market showed surprising resilience and likely took a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May,…
Nitat Termmee | Moment | Getty Images The U.S. job market isn’t looking too hot for recent college graduates and other job seekers, according to economists and labor experts. “The job market is kind of trash right now,” said Mandi Woodruff-Santos, a career coach and personal finance expert. “I mean, it’s really difficult,” she added….
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the Bureau of Labor Statistics reported Friday. Nonfarm payrolls rose 139,000 for the month, above the muted Dow Jones estimate for 125,000 and a bit below the downwardly revised 147,000 that the U.S. economy added in…
