Google's parent company was one of the strongest forces lifting the market and climbed 8.7% after avoiding some of the worst-case scenarios in its antitrust case. A federal judge on Tuesday ordered a shake-up of Google's search engine but did not force a sale of its Chrome browser. Because Alphabet is one of Wall Street's most valuable companies, its stock movements carry more weight on the S&P 500 and other indexes than the typical company's.
According to the Labor Department's latest Job Openings and Labor Turnover Survey, the share of workers voluntarily leaving their jobs remains low at around 2% this year. This is the lowest quit rate since 2016, aside from when the pandemic began in 2020.
It's really easy in an environment of uncertainty to spend a lot of time and energy thinking about things that are outside of their control, but that's going to be a real detractor to your personal well-being.
Jobs and Skills Australia's report indicates that generative AI will significantly automate routine clerical jobs while enhancing roles requiring high skill levels.
The H-1B visa is a gateway to the American dream - a chance for skilled immigrants to shape the future of US technology and innovation. That opportunity also comes with risk. One layoff and the clock starts ticking: 60 days to find a new employer, or leave the country.
Starting January 1, companies in Ontario with at least 25 employees will be forced to inform candidates about their hiring status within 45 days of their interview, or the last interview if there were multiple.
The S&P 500 experienced a pullback of 0.49% amid growing uncertainties surrounding the U.S. economy and global conditions, driven by weak economic data and geopolitical risks.
Career coach Emily Warden noted that the 2025 job market is the worst in a decade, citing intensified competition from AI, offshoring, and layoffs affecting job seekers' success.
"I'm basically starting over - that's the part that bothers me," said Francis, who's in her 50s and based in the Northeast US. "But I have to do what I have to do to survive."
Nearly 25% of older Gen X and young boomer workers laid off in the past decade haven't found new jobs, with 11% taking pay cuts.