Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

Private payrolls declined in September by 32,000 in key ADP report coming amid shutdown data blackout

Private payrolls saw their biggest decline in 2½ years during September, a further sign of labor market weakening that compounds the data blackout accompanying the U.S. government shutdown. Companies shed a seasonally adjusted 32,000 jobs during the month, the biggest slide since March 2023, payrolls processing firm ADP reported Wednesday. Economists surveyed by Dow Jones…

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Blue-collar jobs are gaining popularity as AI threatens office work

Blue-collar jobs are gaining popularity as AI threatens office work

Geoffrey Hinton’s message on a recent podcast about artificial intelligence was simple: “Train to be a plumber.” Hinton, a Nobel Prize-winning computer scientist often called “the Godfather of AI,” said in June what people have now been saying for years: Jobs that include manual labor and expertise are the least vulnerable to modern technology than some other…

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