Rather than costing jobs, Huang told Joe Rogan AI will create whole new industries, and jobs no one has ever thought of — like robot apparel maker.

A new report finds U.S. businesses have announced over 1.1 million layoffs so far this year. The layoff rate for first 11 months of the year is at it highest level since 2020. Business restructuring, AI and market conditions are the primary drivers of job reductions.

Hiring dropped off significantly at US private-sector businesses in November, according to new data from payroll giant ADP.

AI jobs, emerging roles, and workforce transformation highlight how AI is reshaping hiring, development, and retention in the modern workplace.

Weakening job growth could lock in an interest rate cut by the Federal Reserve next week, according to economists.

Imagine this hypothetical scenario: Lorin, a 42-year-old market researcher at a firm who also started his own business, hates doing his taxes and doesn’t want to spend money on a tax professional. So he decided to ask ChatGPT for help with his tax returns.

New Jersey-based agri-business manufacturer has purchased a Muncy facility and anticipates 69 new full-time jobs with possible expansion of its staff to eventually create hundreds of jobs once the plant begins operation in a year.

Artificial intelligence represents the biggest technological upheaval to the world economy since the rise of the internet a quarter-century ago. It has brought trillions of dollars of investment and dizzying stock-market gains, but also a shortage of memory chips, regulatory scrutiny, and rising anxiety about job displacement.

California employers announced 173,022 job cuts in the first 11 months of this year, up nearly 14% from the same period last year, according to data from outplacement firm Challenger, Gray & Christmas.

US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market. Private-sector payrolls fell by 32,000 according ADP data on Wednesday.