Small businesses are starting to crack amid a weakening economy, rising costs and fickle consumers; and they drove job losses in the US private sector in November, payroll giant ADP reported Wednesday.

AI jobs, emerging roles, and workforce transformation highlight how AI is reshaping hiring, development, and retention in the modern workplace.

U.S. employers have laid off the highest number of workers since the pandemic weakened the global economy.

Weakening job growth could lock in an interest rate cut by the Federal Reserve next week, according to economists.

California employers announced 173,022 job cuts in the first 11 months of this year, up nearly 14% from the same period last year, according to data from outplacement firm Challenger, Gray & Christmas.

New Jersey-based agri-business manufacturer has purchased a Muncy facility and anticipates 69 new full-time jobs with possible expansion of its staff to eventually create hundreds of jobs once the plant begins operation in a year.

Artificial intelligence represents the biggest technological upheaval to the world economy since the rise of the internet a quarter-century ago. It has brought trillions of dollars of investment and dizzying stock-market gains, but also a shortage of memory chips, regulatory scrutiny, and rising anxiety about job displacement.

US companies shed payrolls in November by the most since early 2023, adding to concerns about a more pronounced weakening in the labor market. Private-sector payrolls fell by 32,000 according ADP data on Wednesday.