Job Growth Slows, AI Impact on Job Market Concerns

September job growth surged with 119,000 new nonfarm payrolls, but unemployment ticked up to 4.4%. The unexpected August job loss of 4,000 suggests a slow job market. The government shutdown delayed the report, and Octobers data is unavailable due to the shutdown. AIs impact on entry-level jobs is a growing concern, potentially affecting recent graduates. The Federal Reserve will consider these factors in their December policy meeting, as the November jobs report wont be available. The Daily News Now! - Every city. Every story. AI Powered. Hosted on Acast. See acast.com/privacy for more information.