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News
US Conference Board Employment Trends Index rises to 108.53 in August
4+ day, 19+ hour ago (255+ words) The composite labor market gauge posted its second consecutive monthly gain, signaling continued resilience in the US job market The Conference Board’s Employment Trends Index climbed to 108.53 in August, up from a revised 107.76 in July. That marks the second straight…...
America's information industry loses 23,000 jobs in August, hitting lowest level since 2015
6+ day, 14+ hour ago (214+ words) The sector's steepest monthly decline in over a year lands while the rest of the economy quietly adds 162,000 jobs The US information sector shed 23,000 positions in August, dragging employment down to 2.745 million, according to the Bureau of Labor Statistics. That…...
US manufacturers shift production to Canada to cut costs by 30%
1+ week, 1+ day ago (359+ words) The reality of cross-border manufacturing under Trump tariffs is more complicated than a simple northward migration suggests The idea that US manufacturers are fleeing to Ontario and Quebec to slash costs by 30% makes for a tidy narrative. The actual cross-border…...
US job growth rebounds sharply in August, tripling forecasts as unemployment holds at 4.1%
1+ week, 1+ day ago (396+ words) Nonfarm payrolls surged by 162,000 after July's contraction, with food services and education leading the recovery while the Fed keeps its eyes on inflation. The US economy added 162,000 jobs in August, roughly triple what economists had penciled in and a dramatic…...
US economy adds 162,000 jobs in August, surpassing forecasts
1+ week, 1+ day ago (284+ words) A rebound from July's losses signals labor market resilience, but a sharp gap between government and private sector data keeps the picture complicated. The US labor market had a story to tell in August, and it was better than almost…...
Challenger Gray reports 52,881 job cuts in August, down 38% from last year
1+ week, 2+ day ago (288+ words) August layoffs hit their lowest year-over-year total since 2022, with restructuring replacing AI as the dominant driver of cuts Corporate America announced 52,881 job cuts in August 2026, according to data from Challenger, Gray & Christmas. That number is down 38% from where it stood…...
AI-related layoffs drop to lowest monthly total since December 2025
1+ week, 2+ day ago (289+ words) August's 3,462 AI-linked job cuts mark a sharp cooldown from May's record highs, but the year-to-date picture remains grim. The AI layoff machine appears to be downshifting. In August, companies attributed 3,462 job cuts to artificial intelligence, the lowest monthly figure since…...
ADP weekly jobs pulse ticks up to 11,750 for the week ending August 8
2+ week, 4+ day ago (307+ words) Private-sector hiring shows modest improvement but remains well below monthly averages, keeping the Fed's calculus complicated The US labor market added an average of 11,750 private-sector jobs during the week ending August 8, 2026, according to ADP’s NER Pulse weekly employment series. That’s…...
Goldman Sachs reports AI is already reshaping labor markets across developed economies
3+ week, 1+ day ago (309+ words) Call center employment has plunged 39% below trend in the US as AI adoption quietly hollows out entry-level positions across multiple industries Goldman Sachs published a report on August 19 detailing how artificial intelligence is measurably slowing job openings growth across major…...
US job growth under Trump shows sharp swings between gains and setbacks
3+ week, 1+ day ago (302+ words) Strong April and May numbers masked a troubled July contraction, leaving the administration's economic narrative complicated. April’s Bureau of Labor Statistics report showed 115,000 new jobs, roughly double what forecasters had penciled in at around 55,000. May followed with 172,000 additions against consensus…...