labor

Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
Mixed Economic Signals: Strong Jobs Report, but Declining Confidence
October 07, 2024  |  Economy

Monday (Oct. 7) marked a double dose of economic data that provided a continued diet of mixed signals. First up, the Federal Reserve’s latest data on...

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Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
Revolving Debt Hits $1.36T in July, Soars 25% Above Pre-Pandemic Levels
September 09, 2024  |  Consumer Finance

Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...

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Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
Initial Unemployment Claims Rise, Boosting Expectations of Rate Cut
August 22, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 4,000 during the week ended Saturday (Aug. 17), suggesting a cooling of the labor market...

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More Job Seekers Are Turning to AI to Write Resumes
More Job Seekers Are Turning to AI to Write Resumes
August 16, 2024  |  artificial intelligence

Artificial intelligence (AI) has emerged as the go-to resume writer for most job seekers, a striking change that is reshaping the job market landscape. About...

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Brinker International Says Pay-at-the-Table Tech Enhances Dining Experience
Brinker International Says Pay-at-the-Table Tech Enhances Dining Experience
August 14, 2024  |  Earnings

Brinker International has found that its investments in digital tools have improved the experience for both customers and employees at its casual dining restaurants. These...

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Private Sector Adds 122K Jobs as Wage Growth Slows
Private Sector Adds 122K Jobs as Wage Growth Slows
July 31, 2024  |  Economy

American companies added 122,000 jobs this month, while wage growth continued to slow. That’s according to the latest monthly employment report from ADP, released Wednesday (July 31),...

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Global Freight Recession Drives UPS Profits Down by Over 30%
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024  |  Earnings

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. And add to that dynamic operating landscape the recent delays...

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Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
July 18, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants...

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AI Whisperers: Bright Spots in a Shifting Job Landscape
AI Whisperers: Bright Spots in a Shifting Job Landscape
July 08, 2024  |  artificial intelligence

As the U.S. job market shows signs of gradual cooling, one group is experiencing an unexpected surge in demand: artificial intelligence (AI) prompt engineers. These...

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