November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

A hiring sign is displayed in the window of a business in Manhattan on Nov. 27, 2025 in New York City. Spencer Platt | Getty Images The U.S. labor market slowdown intensified in November as private companies cut 32,000 workers, with small businesses hit the hardest, payrolls processing firm ADP reported Wednesday. With worries intensifying … Read more

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Bad jobs report caused by shutdown, deportations — not tariffs, Lutnick says

Commerce Secretary Howard Lutnick on Wednesday denied that the Trump administration’s tariff policies were to blame after a new report showed a surprise drop in private payrolls in November. Instead, Lutnick argued on CNBC’s “Squawk on the Street” that the government shutdown temporarily slowed small-business activity. He added that the federal efforts to enact mass … Read more

AI is taking jobs — here’s Coursera CEO’s No. 1 tip for grads to stay competitive

AI is taking jobs — here’s Coursera CEO’s No. 1 tip for grads to stay competitive

Greg Hart, President and CEO of Coursera Coursera With entry-level jobs declining as employers continue to deploy AI, Coursera’s CEO has shared his top tips for graduates to stay competitive in the job market and stand out in interviews. Greg Hart, former technical advisor to Jeff Bezos at Amazon, became president and CEO of online … Read more

Singapore overtakes Switzerland in global talent ranking, fueled by AI readiness, as U.S. slips to 9th spot

Singapore overtakes Switzerland in global talent ranking, fueled by AI readiness, as U.S. slips to 9th spot

Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute. Calvin Chan Wai Meng | E+ | Getty Images Singapore has claimed the top position in the 2025 Global Talent Competitiveness Index (GTCI) for the first time, bolstered by its robust education systems, sound governance and a proactive approach … Read more

At age 16, he spent $23 to buy a website domain. 9 years later, his blue-collar business brings in $1.3 million a year

At age 16, he spent  to buy a website domain. 9 years later, his blue-collar business brings in .3 million a year

Zames Chew and Amos Chew are the co-founders of Repair.sg. Courtesy of Repair.sg Growing up, Zames Chew thought he wanted to work a white-collar role at a company like Google, but his career took a different turn. Today, the 26-year-old runs the Singapore-based handyman service Repair.sg, alongside his 24-year-old brother and co-founder, Amos Chew. In … Read more

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

Amazon cut thousands of engineers in its record layoffs, despite saying it needs to innovate faster

The Amazon Puget Sound Headquarters is pictured on Oct. 28, 2025 in Seattle, Washington. Stephen Brashear | Getty Images Amazon‘s 14,000-plus layoffs announced last month touched almost every piece of the company’s sprawling business, from cloud computing and devices to advertising, retail and grocery stores. But one job category bore the brunt of cuts more … Read more

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 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 … Read more

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

AI could be causing ‘quiet time’ in labor market, top Trump economic aide Hassett says

Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the … Read more

In defense of junior staff: Why replacing young people with AI could spark a ‘talent doom cycle’

In defense of junior staff: Why replacing young people with AI could spark a ‘talent doom cycle’

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 … Read more

‘Ghost job’ postings are adding another layer of uncertainty to the stalling jobs picture

‘Ghost job’ postings are adding another layer of uncertainty to the stalling jobs picture

Job seekers attend the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on September 25, 2025 in Sunrise, Florida. Joe Raedle | Getty Images Judging by current data, you’d think there’s literally a job out there for anyone who wants one. Looking deeper under the hood, though, tells a different story. … Read more