Tag

Jobless Boom

All articles tagged with #jobless boom

Economic Growth Doesn't Guarantee Job Market Improvement in 2026

Originally Published 17 days ago — by Business Insider

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.

business economy ai-investment consumer-spending economy jobless-boom unemployment us-economy

Tech Industry Faces Massive Layoffs Amid AI Adoption and Economic Uncertainty

Originally Published 2 months ago — by CBS News

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.

business economy artificial-intelligence corporate-profits economy jobless-boom labor-market layoffs