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UNEMPLOYED FEDERAL WORKERS
Can’t find a job after graduation? Blame WFH, not AIRecent graduates are blaming AI for a tough job market, but new studies suggest remote work is the primary culprit. WFH policies make it ha...
Why is the US stock market down today? Dow Jones, S&P 500 and Nasdaq crash big as strong jobs report, rising Treasury yields and AI stock selloff shake Wall Street — here are today's biggest gainers and losersWhy is the stock market down today? A hotter-than-expected jobs report erased any lingering hope for near-term Federal Reserve rate cuts — ...
Jobs report for May pushes US Fed interest rate expectations, yields higher. What does this mean?Jobs report today: Job gains last month were broad-based. Local governments added 55,000 workers, restaurants and bars 48,000, healthcare c...
Employers added 172,000 jobs last month as US job market shows resilience despite Iran warAmerica's job market is surprisingly strong. Employers added many jobs in May, and unemployment remains low. This hiring rebound is seen ac...
Fed's Warsh inherits economy increasingly squeezed by inflationNew Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing ...
US job openings climbed to 7.6 million in April despite economic fallout from the Iran warAmerican job openings saw a significant rise in April, reaching 7.6 million. This indicates a strong labor market despite global economic c...
Young and unemployed? Remote work, not AI, may be the problem, study findsRemote work is making companies hesitant to hire young graduates. A New York Fed study shows this is a key reason for increased unemploymen...
Trump federal employee layoffs: Why are hundreds of fired government workers still unemployed one year after mass probationary firings?More than 300 fired federal employees across 43 states say the 2025 Trump administration layoffs still haunt their lives. Many remain unemp...
AI chiefs walk back job apocalypse warningsLeading AI figures like Nvidia's Jensen Huang and OpenAI's Sam Altman are now downplaying fears of mass job losses due to artificial intell...
Fed's Cook says she is prepared to raise rates if inflation doesn't easeFederal Reserve Governor Lisa Cook signaled support for keeping US interest rates steady, citing mixed economic risks from tariffs, the Ira...
'I quit my job. I gave them 2 seconds notice': US worker quits after manager demands a drug test for wearing a blanketA night shift worker's viral story highlights concerns about workplace drug testing. Employers might use drug tests to dismiss staff and re...
Quote of the day by Franklin D. Roosevelt: 'Repetition does not transform...' Life lessons on human nature, speech and assertion by only US president, who was elected to the office four timesQuote of the day by Franklin D. Roosevelt highlights the danger of repeating false information and accepting it as reality. The quote expla...
Social Security COLA 2027 forecast jumps to 3.9% - here's what it means for retireesSocial Security COLA 2027 forecast increase: Seniors may see a 3.9% boost to their Social Security income in 2027, a projected increase fro...
Powell's tenure as Fed chair marked by fight for independence while trying to tame inflation
US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall StreetUS stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...
‘Company needs team players who understand the current budget constraints’: Employee says HR pressured them to give up over $1,000 in overtime pay or risk being firedA Pennsylvania employee says HR pressured them to waive more than $1,000 in overtime pay in exchange for “future career opportunities” whil...
US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in AprilAverage hourly earnings rose 0.2% from March and 3.6% from April 2025, consistent with the Federal Reserve's 2% inflation target.
US jobless claims increase less than expected amid low layoffsAmerica's job market shows resilience. New unemployment claims saw a small increase last week. Layoffs remain low, providing stability. Job...
Student loan forgiveness changes hit middle class hard: New bill counts jobless months, speeds up debt relief for laid-off workersNew student loan rules may help people who lose jobs. The plan could count no-payment months for loan forgiveness. This can help middle-cla...