Blog
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American Men Continue to Leave the Workforce
American men are bowing out of the workforce in record numbers, and not just because they're hitting retirement age. Labor Department data show that in April, one-third of men were neither working nor looking for work, pushing male labor-force participation to a historic low outside the first months of the... Go to Source Author: John Johnson with Newser.AI
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Musk: I Know How to Contend With AI-Driven Job Loss
Elon Musk has a fresh spin on universal basic income, and it's not small change. In a post on X , the billionaire argued that the "best way" to handle job losses from artificial intelligence is "universal HIGH INCOME via checks issued by the Federal government." Per Mandatory , Musk's proposal goes... Go to Source Author: Jenn Gidman with Newser.AI
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For This Group, Unemployment Could Hit 66%
While the Iran war dominates headlines, World Bank President Ajay Banga is trying to steer eyes toward a quieter but potentially far larger threat. In the next 10 to 15 years, 1.2 billion people in developing countries will reach working age, but current trends point to only about 400... Go to Source Author: Arden Dier with Newser.AI
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Jobs Report Is Much Better Than Expected
American employers added a surprisingly strong 178,000 new jobs last month, rebounding from a dismal February. And the unemployment rate dipped to 4.3%. The Labor Department reported Friday that hiring marked a rebound from the loss of 133,000 jobs in February, the AP reports. The February loss... Go to Source Author:
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Jobs Report Comes in Unexpectedly Weak
American employers unexpectedly cut 92,000 jobs last month, a sign that the labor market remains under strain. The unemployment rate blipped up to 4.4%, the AP reports. The Labor Department reported Friday that hiring deteriorated from January, in which companies, nonprofits, and government agencies added 126,000 jobs.... Go to Source Author:
