119,000 added, jobless rate 4.4%

The U.S. economy added substantially more jobs than expected in September, according to a long-awaited report Thursday from the Bureau of Labor Statistics. Nonfarm payrolls increased by 119,000 in the month, up from the 4,000 jobs lost in August following a downward revision. The Dow Jones consensus estimate for September was 50,000. The July total…

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Why replacing junior staff with AI will backfire

In the U.S., postings for entry-level jobs have declined about 35% since January 2023, per data from labor research firm Revelio Labs. Cemile Bingol | Digitalvision Vectors | Getty Images As more companies brazenly declare AI-driven layoffs in 2025, the first jobs on the chopping block appear to be junior positions and entry-level jobs. Graduate…

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AI to impact 89% of jobs next year, CNBC survey finds

Artificial intelligence is changing the way human resources leaders envision roles, skills, and experiences of their workforce, as generative AI transforms many jobs. “AI is reshaping the future of work by redistributing tasks within jobs.”  Those were the words of a U.S.-based chief human resources officer in response to a flash survey CNBC circulated last…

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4 steps to protect your finances

A UPS truck at the Palace Imports warehouse in Linden, New Jersey, US, on Wednesday, Aug. 27, 2025. Michael Nagle | Bloomberg | Getty Images After a wave of big companies announcing steep job cuts, many laid-off workers may face a financially difficult and uncertain period ahead. Amazon said on Tuesday that it would eliminate…

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