All articles tagged with #employment
Originally Published 2 days ago — by Reuters
US manufacturing jobs continue to decline despite Trump's tariffs, with over 70,000 jobs lost since April and employment levels below those of his initial term, reflecting a sluggish labor market and limited impact of trade policies on blue-collar employment.
Originally Published 9 days ago — by CBS News
TJ Maxx has closed its store on Newbury Street in Boston, less than a decade after opening, as part of its real estate strategy, with 117 employees affected, though all were offered positions at nearby stores. The closure reflects broader retail challenges, despite overall sales growth for TJX.
Originally Published 10 days ago — by WSB-TV
Coca-Cola is laying off 75 workers at its Atlanta corporate headquarters as part of its restructuring efforts, with the company predicting a drop in profit this year.
Originally Published 14 days ago — by The Guardian
The US economy in 2025 shows a complex picture with strong GDP growth and job market struggles, high inflation, and Federal Reserve rate adjustments, challenging the narrative of a booming economy.
Originally Published 15 days ago — by Financial Times
The article explores the impact of Ozempic, a medication for diabetes and weight management, on the workplace, suggesting it may influence employee health and productivity. However, access to the full content requires a subscription.
Originally Published 19 days ago — by Politico
The article discusses the decoupling of GDP growth from employment in the US economy, driven by AI and automation, which poses political and social challenges for Trump's administration, despite solid GDP figures. It highlights concerns about labor displacement, the impact on consumer confidence, and potential policy responses to AI-related disruptions.
Originally Published 24 days ago — by CNN
Recent research by Vanguard indicates that jobs highly exposed to AI are actually growing faster than before, with no evidence of widespread job loss or wage decline, contrasting with some alarmist predictions. AI's impact on employment remains limited due to current technological constraints, though future advancements could pose risks to certain professions.
Originally Published 25 days ago — by CNN
Despite President Trump’s promises of a manufacturing and blue-collar jobs boom, recent data shows a decline in such jobs, largely due to tariffs, automation, and economic factors, with some sectors like construction and healthcare showing growth. Experts suggest a potential rebound as tariff impacts diminish, but the overall outlook remains uncertain.
Originally Published 26 days ago — by The White House (.gov)
The article highlights strong private sector job growth under President Trump, with 687,000 private jobs added since his inauguration, wage increases, and a focus on native-born American employment, while federal jobs decrease and overall economic indicators improve.
Originally Published 28 days ago — by Axios
Layoffs during the holiday season are increasing, with data indicating a potential shift from traditional practices of avoiding layoffs during this period, driven by economic pressures and companies' need to cut costs, although macroeconomic data has yet to fully reflect this trend.
Originally Published 1 month ago — by NBC News
In November, private U.S. employers lost 32,000 jobs, with small businesses experiencing the largest decline of 120,000 jobs, reflecting a broad economic slowdown and challenges from recent policies, according to ADP. The report highlights ongoing employment instability amid economic pressures and delays in official government data due to the shutdown.
Originally Published 2 months ago — by BBC
The CEO of Buy It Direct predicts that AI and automation will reduce his UK workforce by two-thirds within three years, citing increased costs and technological advancements, while the company shifts roles abroad and faces broader concerns about job losses due to AI in the retail sector.
Originally Published 2 months ago — by Futurism
A study from the University of Pennsylvania suggests AI can analyze facial features to predict personality traits and potential success, raising ethical concerns about discrimination and privacy, with real-world applications already emerging in law enforcement and verification processes.
Originally Published 2 months ago — by Fortune
Artificial intelligence is rapidly transforming the workforce, leading to job displacement and a potential regression in gender equality, which could threaten long-term economic stability and societal cohesion. Historical patterns show that during times of technological upheaval, societies often resort to exclusionary policies that reinforce hierarchy, risking a future where marginalized groups are further pushed out of the labor market. Leaders and companies must proactively address these challenges to ensure inclusive growth and social stability.
Originally Published 2 months ago — by The Washington Post
Employers have announced 1.1 million job cuts so far this year, reaching levels comparable to a recession, according to a private firm report.