The notion of a jobless recovery is gaining traction among those who think the economy is finally getting back on its feet—but not enough to move the stock market. "How could we have a recovery if ...
AI is raising the risk of a "jobless recovery" in the labor market, according to JPMorgan. AI is displacing white-collar knowledge workers, who account for 45% of US employment. The result could be a ...
Americans now have the least confidence in finding a new job since at least 2013, a period also known as the depths of the “jobless recovery” following the Great Recession. According to the latest ...
New claims for unemployment benefits have fallen for a third straight week, signaling that layoffs remain historically ...
Signs that artificial intelligence is weighing on the job market are continuing to creep into the data, offering clues on how AI could play a role the next time the economy slips into a downturn.
WASHINGTON (AP) - Initial claims for unemployment benefits fell slightly last week as the recovering economy moves closer to generating more jobs. The Labor Department said Thursday that new jobless ...
The US economy needs 100,000 new jobs every month just to keep up with growth in the population. Instead, more than 200,000 a month are disappearing. The average rate of unemployment is 9.8 percent ...
Federal Reserve Chairman Ben Bernanke says the recession is "very likely over at this point," although he does say that "it's still going to feel like a very weak economy for some time" because ...
Finland has been hurt by weak demand in Europe, especially in Germany, and sanctions against Russia. Read more at ...
The Port of Los Angeles in San Pedro on April 7. California’s unemployment is projected to rise, with economic recovery likely delayed until next year, according to the latest UCLA Anderson Forecast.
A key gauge of the number of Americans losing their jobs fell to its lowest level in six months, a sign that the country may be pulling out of a recession. The average number of newly laid off workers ...