Delayed job report shows 119,000 jobs added
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The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Nov. 6. Firms have pointed to a myriad of causes for their layoffs, from AI to tariffs and corporate restructuring.
The closely followed report was originally scheduled for release on Oct. 3, but it was shelved by the government shutdown.
The report, which had been delayed by the government shutdown, gives the first official data on the job market in weeks.
As job cuts spread gloom through the Seattle-area tech scene, one of Microsoft Corp.’s top executives is warning that state proposals for higher taxes risk devastating the region’s economy.
Payrolls fell again in September's jobs report—a slide that has accelerated since the President’s Liberation Day rollout.
New Analysis Reveals the 50 Jobs Most Exposed to AI Automation – Some Face Over 96% Task Replacement
Dsmart’s AI Automation Risk Report analyzes 784 occupations to identify the 50 jobs most vulnerable to AI automation. Administrative, clerical, and data-processing roles face the highest exposure, ranging from 77.
The latest US jobs report showed a modest increase of 119k jobs. This was accompanied by a rise in the unemployment rate to 4.4%. Every single month this year has seen negative revisions.