#ai-and-hiring

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#tech-layoffs #job-market #unemployment #gdp-estimates #government-shutdown #labor-market-weakness
Tech industry
fromBusiness Insider
4 days ago

The year the Big Tech job market cracked

Tech professionals face prolonged unemployment, depleted savings, and housing risk due to large-scale layoffs, intensified competition from many applicants, and AI-driven application flooding.
Business
fromFortune
1 month ago

This is the worst the jobs market has looked (outside of a recession) in 50 years, says Goldman Sachs, meaning bullish GDP estimates are overly optimistic | Fortune

U.S. GDP growth for Q2–Q3 may be overstated because government shutdown data gaps, weakening employment indicators, and temporary tariff stockpiling distort measured growth.
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