The May jobs report will be released Friday. Here's what to expect
The stronger-than-expected start this year for job creation could be in for a reality check.
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Long-term unemployment is surging in the U.S. There are hidden costs for workers and the economy
Long-term unemployment can have ramifications on financial, emotional and family health that linger even after reentry into the workforce.
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Bernie Sanders Bill Would Seize 50% of Top AI Firms' Stock
Sen. Bernie Sanders, I-Vt., said he will introduce legislation in the coming weeks to give the federal government a 50% ownership stake in the largest American artificial intelligence companies, financed not by a tax but by a one-time levy paid in the firms' own...
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Service Sector Expands, But Business Costs Climb
U.S. services sector activity picked up in May as businesses preemptively placed orders and rebuilt inventories in anticipation of shortages and higher prices because of the war with Iran.
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Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
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U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
USTR has proposed a 10% duty rate for economies that have adopted a full or partial prohibition on forced labor trade, and 12.5% for all other economies.
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