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Bank of America CEO Brian Moynihan addresses college students' concerns about AI's impact on entry-level jobs, detailing the company's commitment to hiring 4,000 campus recruits on 'Fox & Friends.' The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor market. What are the key findings of the May 2026 jobs report?The Bureau of Labor Statistics on Friday reported that employers added 172,000 jobs in May. That figure is above the estimates of economists polled by LSEG, who predicted a gain of 85,000 jobs. The unemployment rate held steady at 4.3%, which was in line with the expectations of LSEG economists. The U.S. economy's job growth in May surpassed economists' expectations. (Chet Strange/Bloomberg via Getty Images) Revisions were made to the payroll numbers for the prior two months, with March revised up by 29,000 from a gain of 185,000 to a gain of 214,000;...

US employers added 172,000 jobs in May while the country’s unemployment rate held steady at 4.3%, a sign of a resilient labor market despite rising inflation and economic uncertainty brought on by continued conflict in the Middle East.Despite the positive update on the labor market, US stocks fell sharply by Friday afternoon after a big sell-off of AI chip stocks. The tech-heavy Nasdaq index closed 4% down, the largest single-day drop in over a year. The S&P 500 and and Dow were also down 2.6% and 1.3%, respectively.Economists initially predicted there would be about 80,000 new jobs and a steady unemployment rate of 4.3%. Job figures for March and April were also revised up 29,000 and 64,000, respectively, a 93,000 boost compared with initial figures.Job growth was seen in leisure and hospitality, which was boosted by 70,000 jobs in May, including 48,000 jobs in food services and drinking places. Employment in local government and healthcare also rose last month.The new...

USD: US dollar awaits payrolls test Ahead of today’s US nonfarm payrolls report, the US dollar has stayed firm through the week. Higher oil prices and a flatter US curve have helped, as renewed Middle East tension reminds markets that the conflict still has no clear end. At the same time, a run of solid US data has reinforced the view that the economy remains resilient. That mix has kept the greenback well supported. The labor backdrop also looks constructive. ADP showed private employers added 122,000 jobs in May, the strongest gain since January 2025, while JOLTS job openings rose to 7.618 million. Bloomberg consensus looks for payrolls growth of 87,000, but another upside surprise would likely give the dollar fresh support. Yields also leave room for that reaction, with the 10-year Treasury near 4.47%, more than 10 basis points above where it stood when April payrolls were released. Beyond jobs, the services side of the economy still points...

The US labor market appears to have found its footing: The economy added 172,000 jobs in May, shattering expectations, new data from the Bureau of Labor Statistics showed Friday. The latest jobs report provided some reassurance that the US labor market may be stabilizing after a year of weak and stilted job growth: Unemployment held steady at 4.3%, while employment gains topped 100,000 for the third consecutive month, a pattern not seen since early 2024. Job growth was also far stronger than initially thought in recent months. March’s payroll gains were revised up by 29,000 to 214,000, while April’s tally was revised higher by 64,000 to 179,000 jobs added. ...

Rehan Alam, who owns The Red Lion pub and restaurant in downtown New York City, has hired seven extra bartenders to manage an expected surge in attendance when the World Cup begins next week.He told the BBC the business was overwhelmed when the tournament was held in Qatar four years ago, and he expects an even bigger boost due to it being hosted in nearby New Jersey."Four years ago, when we had the World Cup, we didn't expect it to get that crazy, and it did. It brought a lot of attention to what we've always been trying to do with the soccer," he said.Alam has installed seven new TVs, paid sound engineers to prepare the venue and "beefed up the staffing quite a bit".Alam said the boost is "definitely needed" as firms grapple with rising costs amid the fallout from the US-Israel war with Iran. "Our costs have skyrocketed," he said, pointing to everything from direct energy costs to...

The Love Island USA season eight cast are dealing pretty terribly with minor inconveniences within the villa. How do these people cope in the real world? What do they actually do for work? If you’re feeling nosy, then here’s a rundown of the Love Island USA cast’s actual jobs, according to their own cringy LinkedIn profiles. Kenzie Annis Via LinkedIn Kenzie was a student at Kennesaw State University until very recently. She graduated from nursing school just two weeks before Love Island USA kicked off. Woah, what a year! Aniya Harvey Via LinkedIn Aniya’s LinkedIn profile is exceptionally detailed. There’s a lengthy bio in fluent LinkedInese, with sentences such as: “Passionate about helping individuals and businesses protect their future through tailored solutions, I am eager to bring energy, adaptability, and a commitment to continuous learning to an established insurance agency.” Sure. So, Aniya has a bachelor’s degree in marketing from Florida...

Architectural drafters help architects, engineers and construction professionals generate technical illustrations of structural components and particulars for various building and development initiatives. Professionals in this arena may focus on specific facility categories, including residential or commercial properties. Additionally, they might concentrate on specific construction materials, such as wood, steel or reinforced concrete, according to the BLS. The median annual salary for architectural and civil drafters was $64,280 in 2024, with a projected 4% growth in employment from 2024 to 2034, according to BLS data. Source link...

SHREVEPORT, La. (KTAL/KMSS) — Nothing represents Gen Z better than "Love Island," as it reflects today's dating landscape for young adults. However, do the day jobs of this season's cast truly represent or align with Gen Z? Zodiac signs for each cast members of Love Island USA Season 8 Most of the cast from "Love Island USA" Season 8 held regular 9-to-5 jobs, similar to many young professionals. However, this is likely to change once the season ends. Let's take a look at the roles of each cast member before they donned their bikinis and swim trunks.Aniya HarveyLOVE ISLAND USA — "Week 2 " Episode TBD — Pictured: Aniyah Howard — (Photo by: Ben Symons/Peacock via Getty Images)Hometown: Tyrone, GeorgiaAge: 23Star Sign: VirgoOccupation: Non-profit marketing director and former college volleyball playerInstagram: @aniyaharvey02Bryce DettloffLOVE ISLAND USA — "Week 2 " Episode TBD — Pictured: Bryce Alakai Dettloff — (Photo by: Ben Symons/Peacock via Getty Images)Hometown: Los Angeles, CaliforniaAge: 29Star Sign: CancerOccupation: Model, DJ, and producerInstagram: @brycealakaiKC ChandlerLOVE ISLAND USA — "Week 2 " Episode...

Building a successful career starts with choosing a profession that offers stability, growth, and strong earning potential. In the US, industries like healthcare, technology, and finance consistently offer some of the highest paying jobs. According to the U.S. Bureau of Labor Statistics, employment in these sectors is expected to grow 13% by 2032, creating millions of new jobs. In this article, we’ll explore the top high-paying jobs in the USA, their earning potential, and the qualifications needed to get there. Highest Paying Jobs in the USA The following are among the most lucrative careers one can pursue in the United States: 1. AI Engineer AI Engineers top the list of the highest paying jobs in the USA. They build intelligent software systems that learn and adapt, which are pivotal in driving innovations in fields such as healthcare, finance, and e-commerce. As industries move toward automation and AI-powered tools, the demand for AI experts is rising fast. The salary range for AI Engineers in the USA is...

"Think of the labor market like a building," he said. "We have very few people trickling into the building, but even fewer people trickling out of it. The building has more people in it from month to month, but if you're one of those people stranded on the sidewalk trying to get in and they're not letting many people in, the economy doesn't look so good." The weakness in June extended across much of the economy. Healthcare, which has been the most reliable engine of job growth throughout 2025 and into 2026, added just 22,000 positions in June, well below its 38,000 monthly average over the past year. Prior months were also revised lower: April's figure was cut by 31,000 and May's by 43,000, leaving the 12-month average at just 36,000 jobs per month, according to the Bureau of Labor Statistics (BLS). Bachaud said the revisions reinforce how fragile the market's recent momentum has been. "I think the June report really shows that...