| ▲ | US Layoffs Skyrocket to Highest Level Since Pandemic AI Blamed for 40% of Cuts(ibtimes.co.uk) | |
| 14 points by yogthos 7 hours ago | 3 comments | ||
| ▲ | throwaway202528 6 hours ago | parent | next [-] | |
The last actual report, June 5th: > Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000. > The unemployment rate held steady at 4.3%, as expected. > Average hourly earnings rose 0.3% for the month and were up 3.4% over the past year.. More jobs, more jobs than expected, and higher wages. | ||
| ▲ | andsoitis 7 hours ago | parent | prev | next [-] | |
> AI Blamed So software engineers carry blame. | ||
| ▲ | chinallm_ai 5 hours ago | parent | prev [-] | |
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