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America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing

America’s job market has a surprising problem: Nobody’s hiring, nobody’s firing While unemployment is projected to hold steady at a low 4.3% in May, according to FactSet, the pace of job creation remains significantly slower than the boom experienced in the wake of pandemic lockdowns - Bookmark - CommentsGo to comments The American job market is showing unexpected resilience this year, rebounding from a challenging 2025 despite persistent economic uncertainty and elevated energy prices...

The Independent World 5d ago

US added 172,000 jobs in May as labor market shows signs of resilience

Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran warUS employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite rising inflation and economic uncertainty brought on by continued conflict in the Middle East. Despite the positive update on the labor market, US stocks fell sharply by Friday afternoon after a big sell-off of AI chip stocks. The tech-heavy...

The Guardian UK 4d ago

US added 172,000 jobs in May as labor market shows signs of resilience

Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran warUS employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite rising inflation and economic uncertainty brought on by continued conflict in the Middle East. Economists initially predicted there would be about 80,000 new jobs and a steady unemployment rate of 4.3%. Job figures for March and April were also...

The Guardian World 5d ago

US added 172,000 jobs in May as labor market shows signs of resilience

Government figures show unemployment rate at 4.3% amid rising inflation and economic uncertainty from Iran warUS employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite rising inflation and economic uncertainty brought on by continued conflict in the Middle East. Economists initially predicted there would be about 80,000 new jobs and a steady unemployment rate of 4.3%. Job figures for March and April were also...

The Guardian Business 5d ago

‘It’s never enough’: young Americans struggle to build financial independence as cost of living spikes

A difficult job market and rising costs are making it harder for young adults to enter adulthoodYoung people are already facing the worst entry-level job market since the start of the pandemic and significant economic instability. But overall economic conditions are making it more challenging for those just entering adulthood. More than eight in 10 young adults rate the economy as “bad” or “terrible”, according to a recent survey conducted with more than 1,000 18- to 34-year-olds around the...

The Guardian World 10d ago

‘It’s never enough’: young Americans struggle to build financial independence as cost of living spikes

A difficult job market and rising costs are making it harder for young adults to enter adulthoodYoung people are already facing the worst entry-level job market since the start of the pandemic and significant economic instability. But overall economic conditions are making it more challenging for those just entering adulthood. More than eight in 10 young adults rate the economy as “bad” or “terrible”, according to a recent survey conducted with more than 1,000 18- to 34-year-olds around the...

The Guardian Business 10d ago

AI slows hiring in some roles, but demand grows for human skills

AI may be tightening jobs market, but some roles could see stronger demand Thu 4 Jun 2026 at 12:05am In short: A new economic report by consultancy firm Deloitte says the AI "winners" will be organisations that combine human and machine strengths, with recruiters saying human judgement will still be key. Deloitte says AI is shifting the job market, not necessarily through cuts but role transformations. It says employment is still growing, but hiring is starting to slow down as a result of AI.

ABC Australia 7d ago

Which European countries attract the most foreign investment?

Foreign investment is widely seen as a key driver of economic growth, innovation and job creation. But which countries are winning the race for international investors, and how is Europe's position changing in an increasingly competitive global market? Foreign investment is widely seen as a key driver of economic growth, innovation and job creation.

Euronews 7d ago

Google CEO to entry-level graduates: I don't agree with the troubled AI scenario

At a time when artificial intelligence (AI) is reshaping the global job market, and various executives have predicted massive job cuts, Google CEO Sundar Pichai has a reassuring message for the entry-level graduates: the economic future is still bright. In a recent interview, Pichai addressed growing concerns about how AI will impact new graduates entering the workforce. Rather than destroying career opportunities, Pichai argues that AI will serve as a powerful equaliser.

Times of India 3d ago

Singapore studying ways to better support at-risk workers before job losses: Desmond Choo

Singapore studying ways to better support at-risk workers before job losses: Desmond Choo Rather than helping workers recover after they have fallen out of employment, the focus should be on intervening earlier, said the National Trades Union Congress deputy secretary-general. Singapore is studying ways to identify workers at risk of displacement earlier and connect them with new opportunities before they lose their jobs, said Economic Strategy Review (ESR) committee co-chair Desmond Choo....

Channel News Asia 8d ago