U.S. employers added 57,000 jobs in June, far below analysts’ forecasts and signaling that hiring may be losing momentum. By the numbers Economists polled by FactSet had predicted the economy would add 100,000 jobs last month. The unemployment rate was 4.2% in June, down from 4.3% in May. —This is a developing story and will … Read more
As artificial intelligence cements its role across more U.S. job sectors, career training experts say the technology is actually reviving the need for liberal arts skills and diminishing the need for more traditional technical skills. CBS News MoneyWatch reporter Megan Cerullo has more. Source link
Washington — The Justice Department on Tuesday accused the Equal Employment Opportunity Commission of violating federal civil rights laws by issuing guidelines that effectively pressured employers to make race-based considerations in hiring and promotions. A new legal opinion by the Office of Legal Counsel claimed that “disparate impact” — a legal theory of discrimination that … Read more
Employers added 172,000 jobs in May, topping analyst forecasts, as the labor market continued to show strength despite rising inflation and concerns about slowing economic growth. By the numbers Economists polled by FactSet predicted that the economy would gain 105,000 jobs in May. The latest employment data from the Labor Department follows two months of strong … Read more
WASHINGTON — The American job market has climbed out of a rut. But it’s still trudging along tepidly, frustrating young people and others out of work. The Labor Department is expected to report Friday that companies, non-profits and government agencies added 105,000 jobs last month, according to a survey of forecasters by the data firm … Read more
The U.S. labor market continued to defy expectations in April, with employers surpassing economists’ forecasts and adding 115,000 jobs across the nation. By the numbers Economists predicted payroll gains of 65,000 in April, according to a consensus forecast from FactSet. The unemployment rate, which has hovered above 4% since June 2024, held steady at 4.3%. … Read more
As jobs evolve with the use of artificial intelligence, more employers want workers who are familiar with the technology. Eight in 10 hiring managers considered AI skills a priority in 2025, according to Resume Genius research. CBS News MoneyWatch reporter Megan Cerullo has more. Source link
Fluency in artificial intelligence is increasingly a prerequisite in today’s labor market, with employers across industries seeking AI-literate job candidates. Research from Resume Genius found that 8 in 10 hiring managers consider AI skills a priority. And in a sign of the times, other data shows that most employers would hire a candidate with AI … Read more
After years of steady decline, a new survey finds employers expect to boost new graduate hires by more than 5% this spring compared to the same time last year. LinkedIn career expert Catherine Fisher joins “The Daily Report” to discuss. Source link
Hiring across the U.S. rebounded in March after falling sharply the previous month, with employers adding 178,000 jobs, according to new data from the Department of Labor. By the numbers The March employment report beat consensus economic forecasts of 60,000 payroll gains last month, according to FactSet. The latest payroll gains mark a sharp reversal … Read more