Sen. Bernie Sanders (I-Vt) has slammed the tech industry's artificial intelligence and robotics push, warning of massive job losses in the blue collar workforce, calling out Tesla Inc. TSLA CEO Elon ...
"It feels like recruiters are looking for Superman," said one job seeker who's struggled during the tech job market's brutal ...
Initial applications for unemployment benefits in the week through Saturday plunged from already low levels, in an outlier move, by 27,000 from the prior week to 191,000, seasonally adjusted, the ...
Salesforce is among the companies that have directly attributed massive job cuts to AI-related initiatives in recent months. In an August podcast interview, Salesforce CEO Marc Benioff said the ...
The past two months’ job reports and a slew of recent employment data have made clear that America’s labor market has substantially weakened. Many of President Donald Trump’s critics have leveraged ...
The little-known QCEW survey could show the big hiring slowdown actually started last year People wait in line at a job fair. Finding a job these days is not so easy. Don't look now, but another big ...
AI-driven gains in stocks like Nvidia (NVDA) have fueled a market boom, but rising risks threaten both investors and the broader economy. AI may cause massive job losses, with projections of up to 100 ...
Job cuts so far this year have already surpassed the total for 2024, as government cost-cutting, economic uncertainty and AI have prompted employers to reduce staff. California and the tech industry ...
Good evening. We've got updates on some legal challenges to President Trump's power on tariffs and federal funding, plus the latest on this month's shutdown threat and details about today's massive ...
California’s job market continues to suffer from largely self-inflicted wounds, despite the fact that the overall economy is growing. In April, Gov. Gavin Newsom projected that California’s economy ...
The headline that ruined Monday for a lot of people was: “Amazon Plans to Cut 30K Corporate Jobs.” Amazon doesn’t like Mondays. Or it has a case of the Mondays. Pick your own joke there. Anyway, ...