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Jobs

All articles tagged with #jobs

local1 day ago•31 min saved

Clay milestone marks a leap in Central New York's chip ambitions

Micron poured the first concrete at its Town of Clay semiconductor campus, signaling progress on a project that has grown from a $100 billion promise to about a $250 billion investment for four fabs. The site is planned to become the largest U.S. semiconductor facility, with construction shifting toward the second fab in 2028. The initiative is expected to create up to 100,000 jobs nationwide (about 50,000 in New York and 9,000 direct Micron roles), and was celebrated by Gov. Hochul and local officials as a milestone for Central New York.

via WSTM|

#central-new-york #jobs #local

business1 day ago•5 min saved

New report flags Trump energy policy as a $68B hit to private investment and 470k jobs

A new E2/BW Research analysis finds Trump-era clean-energy rollbacks have cost the US about 470,000 jobs and $68.2 billion in private investment, with 216 large projects canceled or downsized since January 2025. The losses would have generated over $90 billion in construction GDP and $55 billion in annual GDP once online, plus $48.4 billion in ongoing spending and $53 billion in construction wages and $31 billion in ongoing wages. Tax revenue losses could reach nearly $20 billion during construction and around $12 billion annually thereafter. The biggest hits are in battery storage, solar, and EV manufacturing, signaling a broad economic cost from shifting policy away from clean energy.

via Electrek|

#business #clean-energy #energy-policy

business4 days ago•3 min saved

Toyota’s Texas Expansion: $3.6B, 2,000 Jobs, Tacoma Line Center Stage

Toyota Motor North America announced a $3.6 billion expansion of its San Antonio South Side plant, adding a second assembly line to produce Toyota Tacomas, expanding by 2.5 million square feet and creating about 2,000 jobs by 2030, with Tacoma production shifting from Tijuana to San Antonio over the next four years; the project doubles the plant’s footprint and reinforces North American investment, praised by Gov. Greg Abbott and San Antonio Mayor Gina Ortiz Jones.

via KSAT|

#business #jobs #manufacturing

business7 days ago•3 min saved

AI Could Displace 15 Million US Jobs, Goldman Sachs Economist Warns

Goldman Sachs economist Joseph Briggs estimates AI could displace about 9% of the US workforce—roughly 15 million workers—though he expects most displaced workers to transition into new roles rather than vanish. He notes ongoing job cuts in AI-adopting sectors like tech, management consulting, and graphic design, but argues tech-driven innovation has historically produced net job growth amid ongoing labor-market churn. MIT’s Neil Thompson cautions adoption may lag due to information access and costs, suggesting many roles will be only partly automated. The broader labor picture appears cooling, with June adding 57,000 jobs, unemployment at 4.2%, and a shrinking labor force.

via Business Insider|

#ai #business #displacement

economics9 days ago•5 min saved

June Jobs Preview: Hiring Holds Steady as Wage Growth Trails Inflation

The June payroll report is expected to show a fourth straight month of steady hiring (about 115,000 jobs), a 4.3% unemployment rate, and wage growth near 3.5%, signaling a stabilizing labor market but wage gains still lag inflation. Analysts warn of risks from summer distortions and divergent forecasts—some see stronger payrolls while others expect modest gains—yet the overall picture points to resilience without rapid wage-driven inflation.

via NBC News|

#economics #inflation #jobs

economy9 days ago•15 min saved

Labor market shows a cautious warming, but signs remain mixed

Economists expect June nonfarm payrolls to rise about 115,000 with the unemployment rate holding at 4.3%, a sign of gentle warming in the labor market as immigration declines and the workforce ages. However, the picture is still mixed: May hiring was weak, average hourly earnings lag inflation, and the quits rate remains depressed, suggesting workers haven’t felt the warmth yet. The Bureau of Labor Statistics’ June payrolls report is released today, following mixed data from private sources like ADP.

via Yahoo Finance|

#adp #economy #jobs

economy9 days ago•16 min saved

ADP June private payrolls miss forecasts, rise 98,000

US private employers added 98,000 jobs in June per ADP, well below economists’ forecast of about 120,000. Growth was mainly in education and health services, with the financial activities sector adding around 14,000. The official government payroll report due later this week is expected to show roughly 115,000 jobs, a moderation from May but still strong enough to keep unemployment from rising. Layoffs fell this week, and job openings data offered mixed signals, suggesting overall hiring remains soft.

via Yahoo Finance|

#adp #economy #education-and-health-services

markets12 days ago•23 min saved

AI jitters collide with jobs data as oil slides this week

Markets brace for the June jobs report amid AI spending jitters and a drop in oil prices; economists expect around 123,000 new jobs in June, while Micron’s strong results and reports that OpenAI may delay its IPO add uncertainty to AI demand signals. A holiday-shortened week also features consumer sentiment, PMI/ISM data, and Nike earnings as investors weigh whether falling oil will curb inflation or spur demand and influence the Fed’s path.

via Yahoo Finance|

#ai #fed #inflation

economy19 days ago•4 min saved

Nevada Attracts Californians as Lithium Rush Fuels Jobs Boom

Nevada’s economy is revving up as lithium reserves lure workers from California, expanding the state’s job market and diversifying away from gaming while AI infrastructure and favorable policies boost growth.

via New York Post|

#california #economy #jobs

technology23 days ago•8 min saved

Bezos says AI will spark a builder boom, not mass unemployment

Bezos told VivaTech in Paris that AI will unlock new opportunities and create demand for builders and entrepreneurs, arguing the technology could produce a labor shortage rather than mass unemployment as ideas are turned into reality.

via Business Insider|

#ai #bezos #jobs

business25 days ago•7 min saved

AI raises the bar for entry-level workers, PwC finds

PwC's 2026 AI Jobs Barometer analyzes more than 1 billion global job ads and 2.4 million US entry-level postings, showing AI-exposed roles now expect traditionally senior skills—emotional intelligence, judgment, leadership and data-driven decision-making. Not all junior roles shrink: AI-exposed postings that were “seniorized” grew about 35% since 2019, while those that weren’t fell around 10%. Global entry-level hiring has slowed, prompting firms to revamp training and work setups to help young workers rise to the new standards.

via Business Insider|

#ai #business #entry-level

technology26 days ago•1 min saved

Creativity Is the AI-Era's Most Important Skill, Says Animoca's Siu

Animoca Brands co-founder Yat Siu says AI will disrupt the labor market but ultimately create more jobs, with creativity and human coordination becoming the key skills as machines handle coding. He remains optimistic that most people will use AI beneficially, acknowledging some will misuse it but downplaying a worst-case scenario, and notes AI’s impact during the SuperAI conference in Singapore.

via CNBC|

#ai #animoca-brands #creativity

technology26 days ago•4 min saved

Pichai Skips AI Talk, Urges Optimism at Stanford Graduation

Google CEO Sundar Pichai steered away from AI in his Stanford commencement address, urging grads to 'choose optimism' and reframe challenges rather than dwell on AI's disruption; the speech comes amid job-market anxiety and growing student skepticism about AI, with clips from other campuses showing protests against AI talk.

via Business Insider|

#ai #education #google

economy1 month ago•11 min saved

May Hiring Keeps the Job-Growth Streak Alive as Revisions Lift Past Months

U.S. employers added 172,000 jobs in May, with the unemployment rate steady at 4.3% and March and April payrolls revised higher, signaling a still-strong labor market. Growth was led by leisure and hospitality, local government, and healthcare, and wage gains slowed relative to inflation at 3.4% year over year. The stronger-than-expected May data, plus revisions, suggests the labor market may be emerging from a period of stagnation, complicating expectations for Fed rate cuts and fueling talk of higher-rate odds later in the year. Analysts and officials welcomed the gains despite inflation pressures, noting confidence returning to employers and activity in hiring.

via Yahoo Finance|

#economy #inflation #jobs

economy1 month ago•6 min saved

May Hiring Boom Signals Resilient U.S. Economy Amid Iran Tensions

The Labor Department said U.S. payrolls rose by 172,000 in May, with an upward revision of 93,000 for March–April, keeping the unemployment rate at 4.3% as gains flow from leisure/hospitality and health care; early signs of a manufacturing rebound emerge as energy prices stay high, while inflation remains a concern and markets brace for the Fed to stay cautious under Warsh.

via Politico|

#economy #inflation #iran