ADP, employment report and jobs in September
Digest more
1don MSN
There may not be a jobs report at all this week — so economists are homing in on this data instead
In what could be the last piece of federal jobs data released this week if the government shuts down, a new report Tuesday showed that the number of available roles remains low for the year, a sign that opportunities continue to dwindle for Americans looking for work.
ADP's figures may be the only jobs data reported this week. The government shutdown means the Bureau of Labor Statistics is closed and unable to publish the official government report.
The stats are in—and they're sobering. New research analyzing high-frequency payroll data shows early-career workers (ages 22-25) in AI-exposed occupations have experienced a 13% relative employment decline since generative AI's widespread adoption. Meanwhile, more experienced workers in those same roles have remained largely unaffected.
Federal Reserve Vice Chair Philip Jefferson on Tuesday warned the US central bank faces a softening labor market at the same time as inflation pressures increase, complicating the outlook for monetary policy.
A state-level preview of the Big Beautiful Bill’s Medicaid reforms didn’t improve employment or result in gains in insurance coverage.
Business activity in the Chicago area unexpectedly weakened further this month, hampered by softer orders and a deteriorating jobs market, a monthly survey showed.
Mortgage rates are based on bonds and bonds take cues from economic data. Employment-related data is particularly important. The monthly jobs report from the Department of Labor is in a league of its own in that regard,
GEO Reentry Services and the Lycoming County Reentry Coalition hosted a workshop with the goal of providing justice-involved re-entrants with various skills related to securing and maintaining employment at Pennsylvania College of Technology Thursday.