The U.S. experienced its worst job growth since 2020 in 2025, with only 584,000 jobs added and a slowdown in hiring across sectors, reflecting a cautious labor market amid economic uncertainties and policy impacts, despite some positive signs like wage increases and lower unemployment benefits claims.
The upcoming NFL coaching cycle may favor experienced head coaches over first-time assistants, as teams consider only those with prior head-coaching experience for open positions, leaving many promising first-time candidates potentially overlooked.
Bank of America CEO Brian Moynihan highlights that while many Gen Z graduates are anxious about AI and job prospects, the bank's recent hiring of 2,000 top grads from 200,000 applications reflects ongoing opportunities. Moynihan encourages young people to harness their fears for future growth, as AI may drive efficiencies and growth in the economy. Meanwhile, experts note that Gen Z faces a challenging job market with low hiring rates, increased automation, and a sense of despair among recent grads, amid broader economic concerns.
U.S. jobless claims have decreased to 214,000, lower than last year, indicating a stable low-layoff environment despite minimal hiring, with the labor market expected to remain slow but stable into 2026.
The US government has launched a campaign to hire 1,000 engineers with AI expertise for two-year federal roles, aiming to address complex problems and support projects like digital savings platforms for children, as part of its AI development efforts under the Trump administration.
Small businesses in the US are pulling back on hiring and spending due to economic uncertainties, inflation, trade tariffs, and consumer confidence issues, highlighting their vulnerability to broader economic shifts despite their crucial role in employment and local economies.
Goldman Sachs has appointed 20 new managing directors in its European investment banking division, including roles in M&A, capital solutions, and structured finance across London, Madrid, Milan, Warsaw, and Paris, reflecting ongoing expansion in its European operations.
Due to the government shutdown, the US did not release its official jobs report, but private sector data from sources like ADP, Indeed, and Bank of America indicate a sluggish labor market in October, with increased layoffs, decreased job postings, and slow hiring, especially in small businesses and certain industries.
The San Diego Padres unexpectedly hired former player Craig Stammen as their new manager on a three-year deal, despite his lack of coaching experience, following the resignation of Mike Shildt. This move marks a surprising choice for the team, which has experienced managerial changes and internal conflicts in recent years, and indicates their confidence in Stammen's leadership qualities and familiarity with the organization.
A Beverley man declined a freelance copywriting interview led by AI, citing it as disrespectful and preferring human interaction, highlighting concerns about AI's role in hiring processes and the importance of balancing technology with personal engagement.
Blackstone has hired the head of Apollo's European buyout team, signaling a strategic move in the private equity sector, though specific details of the hire are not provided in the article.
The US job market is in a 'Great Freeze' with low layoffs and minimal hiring, driven by economic uncertainty, companies hoarding talent, and supply chain issues, which may hinder workers' career growth and prolong the slow recovery.
The ICE is struggling to efficiently hire 10,000 deportation officers due to logistical issues, inadequate vetting, and rapid onboarding processes, despite significant funding and a high volume of applicants, leading to concerns about the quality and readiness of new recruits.
Following Meta's layoffs of 600 AI employees, entrepreneur Sudarshan Kamath of Smallest AI announced high-salary job openings in San Francisco for experienced AI engineers, inviting affected Meta staff to apply, amidst similar offers from other AI startups.
The University of Virginia has agreed to comply with the Trump administration's demands to address allegations of discrimination in its admissions and hiring practices, ending a Justice Department investigation and making commitments to avoid unlawful racial discrimination through 2028.