#laborstatistics

Bloomberg Technology | US Is Starting to See Heavy Job Losses in Roles Exposed to AI by Matthew Boesler AI generated summary, Read the full article for complete information. In the United States, AI‑exposed occupations experienced notable job losses for a second consecutive year in 2025, with customer‑service representatives, certain secretaries and salespeople hit hardest. According to Bureau of Labor Statistics data released on May 15 2026, a set of 18 occupations identified as vulnerable to automation—covering roughly 10 million jobs—declined by 0.2% between May 2024 and May 2025, contrasting with an overall employment gain of 0.8% during the same period. Read more: https://www.bloomberg.com/news/articles/2026-05-15/us-is-starting-to-see-heavy-job-losses-in-roles-exposed-to-ai #US #LaborStatistics

US Top News and Analysis | In the U.S., CEO pay grew 20 times faster than workers' wages in 2025, says Oxfam AI generated summary, Read the full article for complete information. A new Oxfam and International Trade Union Confederation report shows that U.S. CEO compensation rose dramatically in the past year—over 25 %—while average hourly wages for private‑sector workers grew only about 1.3 % after inflation, leaving CEOs earning roughly 281 times more than a typical employee. The widening gap coincides with a broader affordability crisis: 65 % of consumers say price hikes outpace their incomes, inflation has climbed to 3.3 % in March, and roughly three‑quarters of Americans report tighter finances, with many cutting discretionary spending, dipping into savings, or taking extra jobs. The report links this disparity to systemic inequality and calls for stronger labor policies, such as raising the federal minimum wage and taxing the ultra‑wealthy; a proposed “Living Wage for All” bill would lift the minimum wage for large employers to $25 by 2031 and for smaller ones to $25 by 2038. Read more: https://www.cnbc.com/2026/04/30/us-ceo-pay-grew-20-times-faster-than-workers-wages-in-2025-oxfam.html #Oxfam #TradeUnion #FederalReserve #LaborStatistics #PatriciaStottlemyer