Skip to content
HeadlinesUS-owned Canadian steel plants begin mass layoffs amid Trump tariffsHundreds of workers are expected to be laid off at the Hamilton's Stelco steel plant in Ontario.Newsweek
PoliticsTSA removes chairs from agents checking passports, citing security and fitnessTransportation Security Administration (TSA) agents will no longer be able to sit down while checking passports, but many aren't happy with the change. A TSA spokesperson defended the decision, as they said in a statement to Fortune : “TSA officers performing the travel document checker role are the…UNILAD
AIGoldman Sachs exec: new hires will manage 'virtual army' of AI, replacing entry-level workAI has replaced entry-level work, so graduates are being hired to manage AI Goldman worries about its impacts on existing middle managers "We don’t quite know what’s going to happen to that group" Goldman Sachs exec Kevin Sneader has shared (via Bloomberg ) how he believes AI could change jobs in…TechRadar
In This Economy?Job seekers report months of applications despite low unemployment rateWhile the unemployment rate is relatively low, many job seekers are reporting that they have spent months applying for jobs.Newsweek
In This Economy?HubSpot cuts 660 jobs (7% of workforce) in AI-focused restructuringHubSpot is eliminating about 660 roles, 7% of its workforce, in a restructuring its chief executive calls an AI strategy shift while insisting it is not driven by AI efficiencies. Its SEC filing concedes the timetable depends on local consultation law, which in Ireland means a statutory 30-day…The Next Web
In This Economy?Student-loan borrowers face triple tax bills as forgiveness tax break expiresA provision that made student-loan forgiveness tax-free expired in 2025. A new report shows the higher tax bills borrowers are facing.Business Insider
In This Economy?Only 58% of retirement savers say they're on track, down from 68% a year agoJust 58 percent of retirement savers said they were on track or ahead of schedule in 2026, down from 68 percent a year earlier.Newsweek
AIHSBC to cut hundreds of wealth division jobs as it turns to AIHundreds of people are understood to be employed as wealth relationship managers at the bank across the UK.Daily Mail
AIIllinois data center boom promises 121K jobs, but only 2,800 permanent; electric bills could jump $150/yearIllinois data centers could create 121,000 jobs, yet only 2,800 of those jobs would last. Each lasting Illinois data center job equals roughly $20.2 million of investment. Average Illinois households could pay about $150 more yearly for electricity. Illinois is facing a projected $57 billion wave of…TechRadar
AIFootage of AI Job Interviewer Going Berserk Is Genuinely Terrifying"This is an absolute waste of my time." The post Footage of AI Job Interviewer Going Berserk Is Genuinely Terrifying appeared first on Futurism .Futurism
AD · in-feed
PoliticsBlue states push minimum wage hikes to $17.73-$22.14, more than double federal rateDeep-blue Washington pushes its nation-leading minimum wage to $17.73 as Seattle hits $22.14, sparking debate over labor costs and job losses.Fox News
PoliticsTrump signs executive order waiving off-road rule for red-dyed diesel at Nebraska rallyPresident Donald Trump signed an executive order on stage at a campaign rally in Nebraska that waives the off-road requirement for tax-exempt red-dyed diesel, which is primarily used in farming and construction. The move is meant to bring down high diesel costs across the country ahead of the…Washington Examiner
In This Economy?Goldman Sachs: 23% of workers earning $100K-$300K live paycheck to paycheckGoldman Sachs found 23% of workers earning $100,000 to $300,000 live paycheck to paycheck, with financial strain rising again among top earners.The Daily Caller
PoliticsWhite House official defends jobs report after employers added 29,000 jobs vs. 90,000 expectedFox News A top White House official is pleased with this week’s economic developments, even after a lackluster jobs report. National Economic Council Director Kevin Hassett went on Fox News on Friday, shortly after the Bureau of Labor Statistics revealed that employers gained 29,000 jobs in…The Daily Beast
In This Economy?Unemployment rate for post-9/11 vets rises to 4.1% as job market slumpsThe unemployment rate for the nation’s post-9/11 generation of veterans rose from 3.5% in August to 4.1% in September.Military Times
In This Economy?Children's librarian turns down dream job over $13/hour wageOn Reddit’s r/GirlDinnerDiaries, a woman spoke of turning down her dream job as a children’s librarian because it paid $13 an hour. She posted a photo of “ice cream with magic shell,” and tagged it “sad girl dinner.” With more than 5,600 upvotes, the post describes how the original poster…The Daily Dot
In This Economy?67-year-old earning $19.50/hour at big-box store asks when they can retire“I started taking Social Security at 66 and receive $2,410 a month. I have $214,000 in my 401(k).”MarketWatch
In This Economy?Ohio truck factory lays off 1,400 workersThis week nearly 1,400 other people were laid off from their jobs at what had been the Navistar truck factory in southwestern Ohio.NY Post
PoliticsTrump Rallies Near Ohio Truck Factory Where 1,400 Workers Lost JobsTrump's visit is part of an extended series of campaign events aimed at persuading voters that economic conditions are improving.Newsweek
In This Economy?Disney plans hundreds of job cuts in restructuring under new CEODisney is planning to restructure its sprawling television operation, which is expected to result in hundreds of layoffs, according to a report.NY Post
AD · in-feed
In This Economy?Nike shares tumble 6% on dismal revenue forecast and layoff plansIt was the second straight day of declines for Nike, putting the sneaker brand’s stock down more than 48% so far this year.NY Post
PoliticsSeptember jobs report misses expectationsWelcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story September jobs report misses expectations The U.S. economy added 29,000 jobs in September, falling short of economists' expectations. © Nam Y. Huh, Associated Press The unemployment rate…The Hill
In This Economy?Nike faces more job cuts as sales slump deepens and China woes mount - with layoffs set to begin next yearNike is facing another round of job cuts after the sportswear giant warned that its sales slump will be worse than expected, with its once-booming business in China continuing to unravel.Daily Mail
PoliticsUnderwhelming Job Report Gives Trump Midterm HeadwindHiring has remained volatile during Trump's second term, with the unemployment rate sitting above 4 percent.Newsweek
PoliticsUS economy added 29,000 jobs in September: BLSThe U.S. economy added 29,000 jobs in September, according to new data released Friday by the Bureau of Labor Statistics (BLS). The unemployment rate also ticked up slightly to 4.2 percent, the BLS reported. The economy added 162,000 jobs in August, after employers added 31,000 and 21,000 jobs in…The Hill
PoliticsAnother blow to President Trump as the latest jobs report suggests the US economy is in freefall just one month before the midterm electionsThe US economy created fewer jobs than expected in September, pointing to a surprising soft spot in the labor market.Daily Mail
HeadlinesLabor market slowed in September, final monthly jobs report before midterms showsThe U.S. labor market slowed during the month of September, according to new data Friday from the Bureau of Labor Statistics.NBC News
