Tag: Labor economy
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Uber to cut 10% of workforce in bid to move ‘simpler and faster’
Uber is cutting small teams by nearly half and allowing about 1% of its workforce to continue working remotely.
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Private payrolls rose by 38,000 in August, fewer than expected, ADP reports
Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
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Prediction market traders think job creation rebounded in August
Traders see 50-50 odds that the U.S. economy added more than 50,000 jobs last month.
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Students are reconsidering their majors, career paths and industries due to AI: CNBC survey
As AI continues to reshape industries, some students are wondering what their careers will look like once they graduate.
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American Airlines announces Trump Accounts matching program
To help fund Trump Accounts, American Airlines said it will match the federal $1,000 contribution for employees’ children.
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