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The Latest Breaking News from Nick Bunker

Companies plan to downsize and use AI

The positions at risk include postal service clerks, executive secretaries and payroll clerks

Salon

Where web developers are commanding the biggest salaries

Despite a larger tech sector slow down, web developers are still earning relatively robust salaries—but where they live and work is an important factor.

Fortune

Corporate America's hiring spree is cooling—economists say we should all take that as a good sign

U.S. job openings dropped to a 32-month low in October, but Indeed Hiring Lab’s director of economic research says the “report should bring abundant holiday cheer.”

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

5 labor trends HR can expect in 2024

Changes to wage growth and generative AI use may indicate how the labor market will fare in 2024.

Fortune

Millennials didn't kill the 'organization man' after all. Federal data reveals it was the boomers all along

Long before quiet quitting, boomers rejected "working for the man," says UNC sociologist Arne Kalleberg, "which is exactly what’s happening now."

Fortune

A celebrated jobs miss on Wall Street: Cooler labor market allays fears over red-hot payrolls as White House crows of ‘Bidenomics in action’

Slow and steady wins the race, and a 209,000 jobs number that missed expectations was actually sweet music for the Street.

Fortune

Biden took jobless rate to 3.5%, but for how much longer?

President Joe Biden keeps seeing good economic news and bad public approval ratings

The Independent UK

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10 industries where job openings are declining

The hiring frenzy we saw over the past two years is fading out a bit.

Axios

Here's what the Fed interest rate hike means for you

The Federal Reserve raised its key rate by a quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive

The Independent UK

The industries where you're most likely to be laid off as a recession looms

Tech layoffs have been making headlines, but that's not the industry with the highest level of layoffs in recent months.

Fortune

The Great Resignation is cooling off — especially in the tech industry

Big Tech went on a hiring binge over the last year. Now the diet begins.

Axios

The Beyoncé effect: 'Break My Soul' propels '90s star Robin S and the Great Resignation

Nineties hit-maker Robin S is basking in the glory of the Beyoncé effect, a phenomenon that Bey's new single "Break My Soul" has bestowed upon the veteran artist.

Los Angeles Times

Job market power is swinging back to employers

"It's not that workers have lost power, it's just that they're not increasingly gaining it."

Axios

Falling jobless rate is set to complicate Fed’s inflation fight

The U.S. unemployment rate probably fell to 3.5% in April, matching the lowest reading since the 1960s, and many economists expect it to keep declining — potentially complicating the Federal Reserve’s fight against inflation.

Tribune News Service

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The Independent UK

EXPLAINER: Workers return and 4 other jobs-report charts

Solid hiring, strong wage gains and sharp price increases are drawing more Americans into the workforce

The Guardian - UK

UK factory output growth jumps; US job openings rise; record low eurozone unemployment – as it happened

Rolling coverage of the latest economic and financial news

People

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