<div><p> NPR’s Ailsa Chang talks to senior economist at Wells Fargo, Sarah House, about the revision in jobs numbers that show the U.S. economy employed 818,000 fewer people that originally reported in March. </p><nbtemplate data-id="AdPlaceholder" data-content="JTdCJTdE"></nbtemplate><p class=fullattribution> Copyright 2024 NPR </p></div>

The shape of the US labor market is changing, job growth is slowing and new survey data released Monday shows that Americans are starting to feel increasingly unsettled about it all.

More and more Americans are worried they will lose their job

NBC News

U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been slowing. The change means that roughly 2.1 million jobs were created in the U.S. in the past year, compared...

U.S. added 818,000 fewer jobs than thought, adding to concerns about the economy

Like the right hook you swore would put up major points on the bar’s punching bag machine, US employment growth has been much weaker than previously reported, according to data released yesterday by the Labor Department. The figures indicate that the job market has cooled so severely that it...

We’ve added way fewer jobs than we thought, US says

New York Post

The US economy wasn’t as hot as it seemed between early this year and early 2023, according to revised figures released by the feds.

The nation’s labor market likely created 818,000 fewer jobs during the 12 months ended in March — the largest preliminary downward revision to US payroll figures since 2009, the US Bureau of Labor Statistics said Wednesday.

That means that the reported job growth during that period — 2.9 million non-farm payroll positions amounting to 242,000 jobs per month — was likely around 30% less, or 174,000 jobs per month, according to new data gathered from state unemployment tax...

US job market gets biggest markdown since 2009 with 818K fewer jobs than previously reported

(RTTNews) - Revised data released by the Bureau of Labor Statistics on Wednesday showed job growth in the U.S. was weaker than previously reported in the twelve months ended March 2024. The BLS said the U.S. economy added 818,000 fewer jobs from March 2023 to March 2024 than initially reported,...

U.S. Added 818,000 Fewer Jobs Than Previously Reported, BLS Says

FinanceBuzz

From the tech industry to sales management, these 15 jobs pay over $100K a year.

15 High-Demand Jobs That Pay More Than $50 an Hour

Markets Insider

American workers aren't so quick to quit their jobs anymore - largely because they're afraid of a coming recession, labor experts say.

American workers are stuck in place because everyone is too afraid of a recession to quit

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Herbie J Pilato

Actor Buddy Ebsen, who died at age 95 in 2003, found fame by starring in two of the most popular classic television shows in history: The Beverly Hillbillies (CBS, 1962 to 1971) and Barnaby Jones (CBS, 1973 to 1980). On the Hillbillies, he played former Tennessee country mountain-folk-turned-wealthy Beverly Hills resident Jed Clampett. On Barnaby Jones, he was one of TV's most senior, slyest, health-conscious detectives. Ebsen, however, almost became even more famous for a certain big-screen classic film in which he ultimately did not appear.

'Beverly Hillbillies" Actor Buddy Ebsen Was "Bitter" about not playing the Tin Man in 'Wizard of Oz'

24/7 Wall St.

The New York Federal Reserve has affirmed the view that the labor market has weakened. It may not set off alarm bells yet, but it is cause for concern.
The post People Start to Worry About Their Jobs appeared first on 24/7 Wall St..

People Start to Worry About Their Jobs

The Independent

Global equities markets began the week with a steep plunge, reacting to the possibility of a coming US recession that Goldman Sachs economists pegged at 25 percent.On Monday morning, the Dow Jones Industrial Average fell 945 points, or nearly 2.5 percent, to ​​38,791.28. In simple terms, if on Friday you had $100 in a fund tracking the Dow, you would now have about $97.50. The two other major indexes, the S&P 500 and the Nasdaq Composite, were down mid-morning by roughly 3 percent and 6 percent, respectively. At the end of the session, the Dow was down 2.6 percent, sliding...

Experts are warning of a global recession. Here’s what that actually means

Los Angeles County, CA

[Note: Unless otherwise indicated, the commentary and quotes in this article are from the author's interview with those mentioned.]. Elizabeth Montgomery was one of the most popular actors from the 1950s to her unfortunate passing from cancer in 1995. Before, during, and after her benchmark Emmy-nominated role as twitch-witch Samantha Stephens on TV's Bewitched (ABC, 1964-1972), Montgomery made over 200 additional appearances in other weekly shows, TV-movies, and feature films.

'Bewitched' Star Elizabeth Montgomery Received Death Threats for Protesting the Vietnam War

One of the most beloved Hollywood stars in the history of television, in particular, was actress Frances Bavier, who died in 1989 at age 85. The likable actress became best known for her compassionate and nurturing role as Aunt Bee on The Andy Griffith Show (CBS, 1960-1968).

Beloved 'Andy Griffith Show' Actress Frances Bavier ("Aunt Bee"): A Look Back at Her Life and Career

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

WEKU

The broadcaster was hailed as the father of the modern audience-participation daytime talk show. Donahue's taste for controversial and polarizing subjects birthed a new genre of television.

Pioneer talk show host Phil Donahue dies at 88

Artificial intelligence could render many jobs such as cashiers and drivers obsolete — leading to widespread social unrest, according to a senior Wall Street finance executive.

Armen Panossian, a co-CEO of the Los Angeles-based investment firm Oaktree Capital Management, told Bloomberg News that AI poses “the biggest risk” because while it “clearly has the potential for very large economic gains,” it will also have “societal impacts.”

“Millions of people could be out of jobs. So who’s going to retrain those people?” Panossian told Bloomberg News.

“If we don’t figure that out, there could be social unrest.”



I asked AI to help with dinner and...

Top Wall Street exec predicts ‘social unrest’ due to AI: ‘Millions of people could be out of jobs’

Axios

New survey data shows an elevated share of workers are looking for jobs alongside rising expectations of unemployment in the months ahead. Why it matters: Economic data suggests the job market is softening. Consumers' expectations about the health of the labor market are following suit. By the numbers: The share...

More workers expect to lose their jobs in the coming months, survey finds

Major banks are paying out more in interest on some deposits. The team at "The Indicator from Planet Money" digs into why big banks aren’t paying you much interest on your plain savings account.

'Indicator from Planet Money': Big banks aren't interested in your savings account

A recession is coming in the US by early next year, one John Hopkins economist predicts.

The economy is flashing a recession signal that's been seen only 4 times in the past century, veteran economist Steve Hanke says

Kansas State

CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid joins 'Squawk Box' to discuss state of the economy, health of the labor market, the Fed's inflation fight, rate path outlook, and more.

Kansas City Fed President Jeff Schmid: Probably want to act before inflation reaches 2% target

Business Times

The U.S. job market continues to show signs of resilience, even as the number of Americans filing for unemployment benefits rose modestly last week. According to the latest data from the Department of Labor, jobless claims increased by 4,000 to a seasonally adjusted 232,000 for the week ending August 17. Despite this uptick, the level of claims remains historically low, reflecting a labor market that is cooling gradually but still healthy.

Jobless Claims Edge Up, But Labor Market Remains Robust Amid Fed's Rate Hike Concerns

NPR’s Ailsa Chang talks to senior economist at Wells Fargo, Sarah House, about the revision in jobs numbers that show the U.S. economy employed 818,000 fewer people that originally reported in March.

The job market might be more fragile than previously thought

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