20,000 job cuts at Meta, Microsoft raise concern that AI-driven labor crisis is here
Meta CEO Mark Zuckerberg, left, and Microsoft CEO Satya Nadella.Getty Images | ReutersThe more than 20,000 potential job cuts Meta ...
Tag: Labor
Fed Governor Waller backs December rate cut as support for weakening labor market
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the ...
AI headshots are changing the way job seekers are seen and get hired in tough labor market
AI headshots are becoming popular on LinkedIn and in professional portfolios as job seekers look for affordable profile pictures to ...
Wall Street closes with records as tech support offsets labor, shutdown uncertainties
Wall Street's three major indexes marked record closing highs with modest gains on Thursday, largely thanks to support from the ...
‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the ...
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee's ...
Friday’s jobs report could confirm a slowing labor market. But will stocks care?
The New York Stock Exchange on Aug. 26, 2025.Brendan McDermid | ReutersThe August jobs report on Friday is expected to ...
Trump immigration policy may be shrinking labor force, economists say
People in Tijuana, Mexico, look though the U.S.-Mexico border wall at Border Field State Park on Aug. 17, 2025 in ...
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March ...
Divided Fed worried about tariffs, inflation and the labor market, minutes show
Federal Reserve officials worried at their July meeting about the state of the labor market and inflation, though most agreed ...
