Jobs News Is The Us Jobs Market Still Booming

Since ChatGPT launched, job openings have plunged 30% while the stock market has surged 70%—but one economist says the true culprit isn’t AI

A chart making the rounds on social media has sparked intense debate about the state of the American economy. Since November 2022, when ChatGPT launched, the S&P 500 has surged more than 70% while job ... Read More

Unemployment filings hit their highest level since 2021 — what it signals about the US job market (and how to prepare)

A cooling labor market doesn’t have to catch you off guard — here’s how to build a safety net and protect your income. Read More

Job market slows as layoffs mount: 12 steps to prepare for what's next

The government shutdown paused official jobs data, but private-sector numbers tell the story — hiring turned negative in September and has barely recovered. Here's how to prepare for a prolonged ... Read More

US job market is now 'no hire, more fire'

The U.S. labor market has been characterized as a 'no hire, no fire' landscape for much of the past year. But 'no hire, more fire' increasingly looks more accurate, providing further ammunition for ... Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more concerned about the job market than it is with battling inflation. Read More

US Unemployment claims drop showing labor market resilience – Will Fed go for another rate cut?

New data suggests that the number of Americans filing for unemployment benefits dropped to around 218,000 in the week ending October 25, down from a revised 231,000 the previous week, according to ... 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

The Fed cuts interest rates to bolster job market

The Federal Reserve is making it a little bit cheaper to borrow money. The central bank hopes to prop up the job market. But it's making no promises that rates will fall further in December. Read More

Welcome to the 'Great Freeze': Why companies aren't firing, workers can't grow, and the unemployed can't get jobs

Layoffs and hiring are low. That means people have job security, are stuck in their jobs, or are unable to find work. Read More

New data shows the US job market was much weaker than thought in 2024, and this year as well

WASHINGTON — The U.S. job market was much weaker in 2024 and early this year than originally reported, adding to concerns about the health of the nation's economy. Employers added 911,000 fewer jobs ... Read More

There’s no jobs report today. So here’s what we know about the US labor market

On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report. Instead, the agency behind the market-moving release — data that has ... Read More