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Jeff Bezos Says AI Isn't Taking All The Jobs: 'There's Going To Be A Labor Shortage'
Wednesday, May 20, 2026 - 12:35pm | 658Read More...Amazon.com Inc (NASDAQ:AMZN) is among the companies investing heavily in artificial intelligence, with $200 billion committed to 2026 to help the growth of many of the company's business lines. Amazon founder Jeff Bezos doesn't see an AI bubble forming yet and was quick to dismiss the notion that...
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Where Labor Data Goes, FED Should Shortly Follow
Friday, December 5, 2025 - 5:19pm | 634Read More...If the Federal Reserve needed any encouragement toward easing, the latest ADP numbers are pushing in that direction. Instead of modest job gains, private employers shed 32,000 positions in November, with pay growth cooling to 4.4% year over year. "Hiring has been choppy of late as employers weather...
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September Jobs Spike Threatens Fed Cut, But Wall Street Still Jumps
Thursday, November 20, 2025 - 10:12am | 630Read More...The U.S. labor market posted an unexpectedly strong rebound in September, reviving growth optimism and casting fresh uncertainty over whether the Federal Reserve will deliver another rate cut in December. Non-farm payrolls jumped by 119,000 in September, according to the official labor report...
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AI Companies Are Burning Billions, Tech Workers Are Getting Wrecked —And Wall Street Doesn't Care
Friday, October 3, 2025 - 2:33pm | 812Read More...The U.S. tech labor market has been trending downward for some time now. After a hiring spree post-pandemic, 2022 and 2023 saw cutbacks across major firms—and even as tech stocks rebounded on AI dreams, employment never really followed. AI companies are burning through billions like it’s...
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Unemployment Claims Rise–And That's A Problem For The Fed
Thursday, August 7, 2025 - 9:26am | 576Read More...After more than a month of steady declines in weekly jobless claims, the first signs of weakness are starting to emerge, as a rise in unemployment is once again drawing attention to the disappointing jobs report released last week. VOO ETF is breaking past resistance. Check the chart here. While...
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Trump And Wall Street Want Rate Cuts—The Data Says: Keep Waiting
Friday, July 4, 2025 - 3:17pm | 822Read More...A stronger-than-expected labor report just crushed any hopes that the Federal Reserve would lower rates this month—despite speculation from Wall Street and direct demands from President Donald Trump. In June, the U.S. economy added 147,000 jobs, topping forecasts, while the unemployment rate ticked...
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Jim Cramer Contradicts AI-Led Job Cuts At White Collar Firms As Cathie Wood Says It's 'Hurting Entry-Level Jobs:' Here's How Experts Debunk AI's Impact On Employment
Friday, July 4, 2025 - 2:17am | 946Read More...Experts have been debating the artificial intelligence-driven impact on employment with contradicting views. While market veteran like Jim Cramer thinks that “AI is still not trusted,” others see trouble brewing in the labor market due to the automation of several human-led jobs. What...
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Don't Bury The US Labor Market Just Yet: June Jobs Report Beats Every Forecast
Thursday, July 3, 2025 - 9:09am | 452Read More...The official U.S. jobs report for June delivered a surprisingly sharp turnaround from the gloom triggered by ADP private payroll data just 24 hours earlier. Nonfarm payrolls increased by 147,000 in June, the strongest reading so far in 2025, up from an upwardly revised 144,000 in May and well above...
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Labor Market Flashes Red Signal—And The Last Time This Happened It Didn't End Well
Wednesday, July 2, 2025 - 9:02am | 537Read More...The U.S. labor market is flashing a rare warning sign after private sector payrolls fell in June for the first time in over two years, raising concerns about the economy’s health and increasing bets on Federal Reserve interest rate cuts. Private employers cut 33,000 jobs last month, according...
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AI Will Disrupt 25% Of US Jobs By 2030—And The Fed Can't Save Them, Economist Warns
Wednesday, June 25, 2025 - 8:33am | 864Read More...As artificial intelligence (AI) accelerates job displacement, economist Craig Shapiro warns that the Federal Reserve's traditional tool of interest rate cuts is ill-equipped to address the looming labor crisis. What Happened: In an X post and a detailed Substack essay published today, Shapiro...
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Jerome Powell Blames Trump Tariffs For Inflation—Analyst Claps Back, Says Fed Is 'Overplaying' The Card
Thursday, June 19, 2025 - 3:42am | 753Read More...The Federal Reserve bumped its median forecast for core inflation, which has left analysts divided as some believe that the central bank is overplaying the inflation story, while others say the impact of inflation cannot be overstated. What Happened: Despite acknowledging that inflation data was...
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Producer Inflation Rises Less Than Forecasts In May, Jobless Claims Signal Labor Market Cracks (UPDATED)
Thursday, June 12, 2025 - 9:20am | 626Read More...Editor’s Note: This article has been updated with additional content. Producer prices snapped back in May after an April decline, but the rebound fell short of sparking inflation concerns, suggesting tariffs and supply frictions have yet to bleed broadly into the economy. The Producer Price...
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Stocks Rally On Strong Jobs Numbers; Tesla Rebounds As Trump-Musk Feud Softens: What's Driving Markets Friday?
Friday, June 6, 2025 - 1:16pm | 831Read More...Wall Street surged into rally mode during the final trading session of the week as better-than-expected jobs data helped ease fears of an economic slowdown. In May, nonfarm payrolls increased by 139,000—a slight dip from April's downwardly revised 147,000, but above economist forecasts of 130,000....
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Trump Cheers Strong Jobs Data, Renews Attack On Fed's Powell: Rates 'Should Be Much Lower'
Friday, June 6, 2025 - 11:52am | 708Read More...The May employment report delivered a stronger-than-expected performance, fueling optimism across markets and a full-throated celebration from President Donald Trump—who simultaneously stepped up his public campaign to push Federal Reserve Chair Jerome Powell toward cutting interest rates. Nonfarm...
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Private Employment Beats Expectations In March As Labor Market Shrugs Off Tariff Worries
Wednesday, April 2, 2025 - 8:39am | 385Read More...Private sector job growth exceeded expectations in March, signaling a surprisingly resilient labor market even as U.S. businesses face growing uncertainty over the potential impact of tariffs. U.S. private employers added 155,000 jobs in March, according to the latest Employment Report from...
















