AI & Jobs Entry-level postings are down 35%, but the Fed blames something else
Entry-level job postings are down 35% since 2023 and recent-grad unemployment is climbing, but a Federal Reserve study of over a million firms found no link to AI.
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AI & Jobs Entry-level job postings are down 35% since 2023 and recent-grad unemployment is climbing, but a Federal Reserve study of over a million firms found no link to AI.
AI & Jobs U.S. layoffs fell 53% in June to 45,849, but AI was the leading cited reason for the fourth month running and tech again led every sector.
AI & Jobs June's jobless-claims report shows firings staying low while continuing claims climb to a three-month high — a labor market that won't let go of you but won't take you back either.
AI & Jobs ICIMS's June 11 report: U.S. job openings rose 9% in May while hires rose just 1% — tech demand is migrating to healthcare and manufacturing as applications keep falling.
AI & Jobs BLS May report: 172,000 jobs added against an 80,000 consensus, unemployment steady at 4.3% — capping a week in which AI led layoff citations for a third straight month.
AI & Jobs Challenger's June 4 report: 97,006 May job cuts, the highest May total since 2020. AI was the most-cited reason for the third straight month; tech cut 38,000 while also leading hiring plans.
AI & Jobs ADP's June 3 release pegged May private payrolls at +122K, above the +99K consensus and broad-based across eight of ten sectors — but information services lost 9,000 jobs, the steepest monthly drop ADP recorded all year.
AI & Jobs BLS's June 2 print pegged April openings at 7.62M — the highest since mid-2024, a 731K jump, the biggest single-month rise since 2021 — while hires fell 419K to 5.12M. Postings aren't turning into offers.