Jobs
CNBC Daily Open: Unpleasant news from the U.S. appears to be making investors cheery
Traders work at the New York Stock Exchange on Oct. 1, 2025. NYSE On Wednesday, the U.S. government ground to a halt. Stock markets, however, jumped — one benchmark even hit a record high. Traders in prediction markets are betting the shutdown will last nearly two weeks. Nothing too radical, since that’s the average length […]
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Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout
Private payrolls saw their biggest decline in two-and-a-half years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones […]
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Here’s JPMorgan Chase’s blueprint to become the world’s first fully AI-powered megabank
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co. speaks during an event honoring local construction workers who helped build the firm’s new headquarters at 270 Park Avenue, in the Midtown area of New York City, U.S., Sept. 9, 2025. Shannon Stapleton | Reuters Deep within the bowels of JPMorgan Chase’s data […]
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‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns
Fast Money ‘Spectacular’ AI growth is creating a serious labor market problem for Fed, Jefferies’ David Zervos warns Published Sat, Sep 27 202512:00 PM EDT Alexa LoMonaco Stephanie Landsman@stephlandsman WATCH LIVE Source
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Europe’s work-life balance a key talent draw as Trump revamps H-1B visa
An aerial view of the skyline from the Pirellone during the conference Disegniamo il futuro dell’abitare per costruire il domani della Lombardia on regional housing policies at Palazzo Pirelli in Milan, Italy, on January 20, 2025. Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump’s revamp of the H-1B visa program has rekindled the scramble […]
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Trump’s $100,000 H-1B fee sparks a global race to grab top talent
U.S. President Donald Trump signs an executive order in the Oval Office at the White House on September 19, 2025 in Washington, DC. Trump signed two executive orders, establishing the “Trump Gold Card” and introducing a $100,000 fee for H-1B visas. Andrew Harnik | Getty Images News | Getty Images U.S. President Donald Trump’s surprise […]
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She tripled her income to $220,000 a year by leaving her 9 to 5 for fractional work: ‘I’m never going back to one boss’
Rachael De Foe, 31, works as a fractional head of communications. Courtesy of Rachael De Foe. In late 2019, Rachael De Foe was burnt out, so she took a leap of faith that many dream of but never do: she quit her nine-to-five job without anything lined up. The Singapore-native had spent the past few […]
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Workers are ‘hugging’ their jobs. There’s a right way and a wrong way to do it
Key Points “Job hugging” is the dynamic in which workers are clinging to their current roles. Hiring and job creation have slowed, meaning job seekers aren’t finding many new opportunities. Some are fearful about a change given labor market and economic uncertainty. Workers who “hug” their jobs should find ways to stand out, and should […]
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AI adoption linked to 13% decline in jobs for young U.S. workers, Stanford study reveals
A Standford study has found evidence that the widespread adoption of generative AI is impacting the job prospects of early career workers. Vertigo3d | E+ | Getty Images There is growing evidence that the widespread adoption of generative AI is impacting the job prospects of America’s workers, according to a paper released on Tuesday by […]
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He quit a job in engineering to travel and work on yachts. Here’s how much he earns now
Hugo Ortega, an American, had a well-paying job as an engineer and a long-term girlfriend. But he wasn’t happy, he said. “I didn’t like the job that I had. I didn’t like the degree that I had just finished doing,” he said. “I was starting to feel kind of weighed down by a lot of […]
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