Shoppers carry bags at Broadway Plaza in Walnut Creek, California, US, on Monday, Dec. 16, 2024. The Bureau of Economic Analysis is scheduled to release personal...
Layoffs are sweeping the corporate world as companies restructure around AI and automation. From Amazon to Target, major employers are slashing thousands of jobs as they...
Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment, solid consumer spending—but is quietly losing...
Good news for law schools and MBA programs: applications are on the rise. Amid a challenging job market, students are turning to what they see as...
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere. In June CEO Andy...
Artificial intelligence startup Mercor announced on Monday a new Series C round that values the company at $10 billion, a fivefold increase since its last raise...
At the Fortune Global Forum in Riyadh, the newly appointed Syrian Minister of Social and Labor Affairs, Her Excellency Hind Kabawat, spoke out on the future of...
As companies race to incorporate AI into their workflows, it’s not only models and tools they’re relying on for a competitive advantage but, increasingly, people. Across...
New graduates are leaving college and heading into a tough labor market—entry-level roles are dwindling, managers are wary of hiring Gen Z candidates, and AI continues...
The challenging U.S. labor market is entering a new normal, according to Goldman Sachs economists David Mericle and Pierfrancesco Mei, who tackled the phenomenon of “jobless...