Economy News Too Early To Call Impact Of Layoffs On Macro Economy
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Big Layoffs Are Scary, But the Job Market’s Foundation Is Still Strong
The U.S. labor market looks to be undergoing a similar sort of erosion, with hiring stalled as employers weigh months of economic and policy uncertainty. Yet, while conditions may not be as “stable” ... Read More
CBS News poll finds negativity on economy, job market and concerns about AI's impact
Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More
Big Layoffs Look Scary. Why The Job Market Is Still Holding Up.
The government shutdown adds to the risks the longer it drags on. Typically, shutdowns create only a small drag on inflation-adjusted gross domestic product growth, and much of the slowdown in ... Read More
Amazon layoffs highlight impact of AI, some experts say: 'Wake-up call’
The AI-related layoffs at Amazon and some other firms reflect a "hollowing out of middle-skilled workers," Lynn Wu, a professor of operations, information and decisions at the University of ... Read More
Shutdowns don't usually have a lasting economic impact. Is this one different?
Government shutdowns can slow GDP, delay pay, hurt local economies and contractors, disrupt programs, and weigh on consumer confidence. Read More
Government shutdowns usually don’t hurt the economy. This time could be different
Government shutdowns can be political earthquakes that paralyze Washington, DC. But for the economy, shutdowns are often barely a blip. Whatever economic damage occurs during that time tends to be ... Read More
UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment
This is read by an automated voice. Please report any issues or inconsistencies here. The U.S. economy will be hampered in the coming months by the Trump administration’s tariffs, which along with ... Read More
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