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fromFortune
1 week ago

The most troubling feature of the job market is how thinly spread gains are, top economist says - 'this only happens when the economy is in recession'

The latest jobs report revealed the U.S. economy added just 22,000 jobs in August with revisions to prior months showing June actually saw a decline. Meanwhile, the unemployment rate edged up to a four-year high of 4.3%. In a note on Saturday, Torsten Sløk, chief economist at Apollo Global Management, observed that job growth in tariff-impacted sectors is negative. Manufacturers alone cut 12,000 workers last month.
US news
Careers
fromFortune
3 weeks ago

Millions of Gen Zers are jobless-and unemployment is mainly affecting men

Gen Z men face higher unemployment than Gen Z women as women move into AI-resistant fields like healthcare while men remain concentrated in automating sectors.
Startup companies
fromFortune
3 weeks ago

Gen Z want 'secure' jobs in healthcare-but this CEO left the industry after realizing he could make millions getting Americans to eat more fruit instead

Effort and adaptability matter more for career success than formal degrees.
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