Labor market

Artificial Intelligence

Amazon’s Latest Layoffs Add Fuel to White-Collar Recession

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Recent layoffs at Amazon, Meta, Pinterest and chemicals company Dow are bringing fears of robots taking human jobs to a boiling point.

2 min read

Photo via Keith Birmingham/ZUMA Press/Newscom

Indicators

Small Business Owners Grow More Confident About the Year Ahead

In a survey, the National Federation of Independent Business said its small-business optimism index jumped in December.

2 min read
Photo via Paul Weaver/ZUMAPRESS/Newscom

Indicators

Will ‘Choppy’ Hiring, Low Firing Prompt More Job Hugging?

Come January 28, the Federal Reserve has to decide what the state of the labor market means for monetary policy.

1 min read
Photo by Getty Images via Unsplash

CIO Upside

Shrinking IT Teams Increasingly Rely on AI Helpers

By 2030, Gartner projects that 25% of IT work will be done solely by AI; the remaining 75% will be done by humans, but augmented by AI.

2 min read

Economics

Can the Fed Get Missing Economic Data in Time for Rate-Cut Decision?

Photo via BONNIE CASH/UPI/Newscom

While a stop-gap funding deal is in place, the government still has some work to do to fill in its backlog of missing economic data.

2 min read

Photo via Olivia Sun/ZUMAPRESS/Newscom

Indicators

Private Employers Add 42,000 Jobs, Marking First Net Gain Since Summer

Overall employment was likely roughly flat in October due to layoffs in the federal government amid the longest shutdown in history.

1 min read
Photo illustration by Connor Lin / The Daily Upside, Photos by AltoClassic via iStock and Freepik

Economics

Thawing Housing Market Not Yet Liquid Enough to Jump-Start Sales

Rejuvenating frozen US housing sales will require a strong job market and mortgage rates low enough to pique sellers’ interest in new homes.

4 min read

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