The U.S. immigration crackdown will cause net job losses in the millions and will lower the annual rate of economic growth by almost one-third over the next decade,…
Read more Trump immigration policies would slash workforce estimate by 15.7 million and slow GDP growth by a third over the next decade, study says | FortuneEspecially alarming to many has been AI’s effect on entry-level jobs. A blockbuster Stanford study in August was especially rattling, as it claimed to find a “significant and…
Read more The Gen Z hiring nightmare is real, but AI is a ‘lightning strike’ not a ‘house fire,’ Yale economist says | FortuneVital signs for the labor market indicate that it’s getting sicker, and the healthcare sector is one of the few that is keep it from looking even worse.…
Read more The most troubling feature of the job market is how thinly spread gains are, top economist says — ‘this only happens when the economy is in recession’Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the economy is slowing, just as it was tardy in hiking…
Read more The Fed got it wrong and is late again, top economist says, as job gains collapseThe next few weeks will give Wall Street a clear reading on whether this latest stock market rally will continue — or if it’s doomed to get derailed.…
Read more Stock market’s fate comes down to the next 14 trading sessionsWall Street soared Friday on news that employers are still hiring in strong numbers, recovering from slumps caused by fears that escalating Middle East tensions could impact global…
Read more Jobs report stokes Wall Street rally that erases the week’s earlier losses
