Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’

"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there may be something there." ... Read More

Fed chair Powell notes Gen Z workers struggling to get hired

Fed Chair Jerome Powell warns that Gen Z faces tough job prospects amid a slowing economy and rising AI impact. Read More

Fed Chair Powell Says AI Probably a Factor in Concerning Unemployment Rates

In a press conference on Wednesday, Fed Chair Jerome Powell was asked whether he thinks AI has any effect on this trend. Powell said that although there is still great uncertainty over that link, he ... Read More

Trump Cabinet members target Jerome Powell for weak economy, August jobs numbers

It's time for the Fed and Jerome Powell to "strike a better balance" in the economy, according to secretaries Scott Bessent and Lori Chavez-DeRemer and Employco's Rob Wilson. Read More