The final jobs report for 2024 lands Friday. Here’s what 2025 could mean for your job
CNN
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the US economy added about 180,000 jobs per month. The unemployment rate bumped higher but stayed near historic lows. Those headline measures helped lend some reassurance that the resilient and growing US economy is slowly heading toward that elusive “soft landing” of reining in inflation without cratering into a recession. How that likely shaped up through December should become a lot clearer on Friday when the Bureau of Labor Statistics releases the final jobs report for 2024 at 8:30 a.m. ET. Economists expect that job growth last month was solid — but relatively tame — at 153,000 and that the unemployment rate didn’t budge from 4.2%, according to FactSet consensus estimates. “2024 captured a very stable labor market, a labor market where supply and demand were in balance for the first time, post-pandemic,” Nela Richardson, chief economist at payroll company ADP, said Wednesday.
Meta on Tuesday announced sweeping changes to how it moderates content that will roll out in the coming months, including doing away with professional fact checking. But the company also quietly updated its hateful conduct policy, adding new types of content users can post on the platform, effective immediately.
The Washington Post on Tuesday laid off roughly 100 employees across its business division, the latest indication of the newspaper’s financial woes after subscribers and staffers revolted over owner Jeff Bezos’s decision to block an endorsement of Vice President Kamala Harris.
It’s officially the beginning of Girl Scout cookie season, but it’s the end for two flavors.
Meta CEO Mark Zuckerberg is making sweeping changes to the social internet, all in line with the desires of President-elect Donald Trump and his supporters.
The “Great Stay” deepened in November as the number of people who quit their jobs that month dropped to under 3.1 million, a level not seen since the height of the pandemic.
Meta will be making major changes to its content moderation policy on Facebook and Instagram, getting rid of fact checkers and replacing them with user-generated “community notes,” similar to Elon Musk’s X, CEO Mark Zuckerberg announced Tuesday.
The robotaxi looped a parking lot about eight times until Waymo support remotely pulled the car over.
McDonald’s eagerly anticipated new value menu is rolling out to restaurants Tuesday, marking the chain’s biggest change in several years.
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s military.
The US Defense Department has added Chinese tech companies Tencent, a social media and gaming giant, and CATL, the world’s largest battery maker, to a list of firms that it alleges work with China’s military.
A journalist said Sunday her X account was suspended and links to a recent article of hers were blocked on the platform after she published a piece debunking online theories that an Elon Musk fan account was actually the billionaire himself.