Tag

Jobless Boom

All articles tagged with #jobless boom

economy2 months ago•4 min saved

Economic Growth Doesn't Guarantee Job Market Improvement in 2026

Despite strong GDP growth driven by AI investment and consumer spending, the US faces a 'jobless boom' with slow job creation, high unemployment, and companies doing more with fewer workers, raising concerns about the future job market.

via Business Insider|

#ai-investment #consumer-spending #economy

economy3 months ago•3 min saved

Tech Industry Faces Massive Layoffs Amid AI Adoption and Economic Uncertainty

Despite soaring corporate profits and stock market highs, the U.S. is experiencing a 'jobless boom' with nearly 1 million layoffs this year, driven by AI adoption boosting productivity and reducing demand for workers, even as the economy remains relatively stable.

via CBS News|

#artificial-intelligence #corporate-profits #economy