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Labor Market

3 GoKawiil briefs on this topic

Carnival reports record bookings despite economic and global uncertainty

Carnival Corporation has posted record-breaking cruise bookings even as consumers face weak confidence, high gas prices, a shaky labor market, Middle East conflict, and anxiety over AI. The company's results suggest travel demand has remained resilient despite broader economic and geopolitical pressures.

McKinsey report: AI could push 11 million US workers into new jobs by 2035

A new McKinsey report estimates that artificial intelligence and automation could displace roughly 11 million US workers, about 7% of the country's workforce, forcing them to change professions by 2035. The report suggests AI may ultimately create more jobs than it eliminates, even as it drives what it calls a historic workforce transformation.

US employers add 162,000 jobs in August, beating summer trend

U.S. job growth rebounded in August with employers adding 162,000 positions, a marked improvement after several months of weaker hiring over the summer. The figure surprised economists who had expected more modest gains, signaling renewed momentum in the labor market.