U.S. job openings were unchanged at 6.9 million in March but hiring improved
U.S. job openings held steady at 6.87 million in March while hiring improved, though the Iran war threatens to disrupt economic momentum going forward.
U.S. job openings held steady at 6.87 million in March while hiring improved, though the Iran war threatens to disrupt economic momentum going forward.
Over 200 economists and AI researchers have signed an open letter warning that artificial intelligence could drive massive economic transformation and job displacement, calling for immediate institutional action.
Americans’ confidence in the economy fell to 90.8 in July amid escalating Iran conflict and rising gas prices, which climbed to $4.10 per gallon from earlier lows.
The U.S. economy expanded at a sluggish 1.5% pace in the second quarter while mortgage rates hit their highest level in a year, reaching 6.66% for 30-year fixed-rate loans.
The US labor market added 151,000 jobs in February with unemployment at 4.1%, though federal job losses and tariff uncertainty cloud the economic outlook.
US employers added 64,000 jobs in November while shedding 105,000 in October, beating forecasts, though unemployment climbed to 4.6%, a four-year high.