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People are “getting really personal” and leveraging their social media networks, says Danielle Abril of The Washington Post.
The Fed’s Beige Book reports shortages in industries including technology, manufacturing and construction.
The September rate cut raised hopes for a sturdy labor market into next year and beyond. The effect on jobs, though, may take time.
Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the economy, and why he’s a “data dog.”
KPMG’s latest U.S. CEO Outlook survey finds that more than 70% of corporate executives feel AI “will not dramatically change their workforce.”
Economist Claudia Sahm says even though the recession predictor is sounding the alarm, we shouldn’t immediately fret.
The U.S. unemployment rate has never reached zero, and it likely never will. But that’s not a bad thing.
The 7.7 million jobs available still outstrips the number of people seeking work, but the cooling trend may make job hunting harder next year.
The services sector has expanded in 47 of the last 50 months, according to the Institute for Supply Management. Several business owners in the sector report renewed strength this year.
The Bureau of Labor Statistics reduced its initial count of new jobs between March 2023 and March 2024 by more than 800,000.