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September US jobs data shows stagnant employment and lagging wages, as AI-driven layoffs deepen - World Socialist Web Site

LabourIndustry

The World Socialist Web Site published an article reporting that September US jobs data showed stagnant employment and lagging wages. According to the report, the data comes amid a sweeping corporate turn toward artificial intelligence as an instrument for eliminating jobs and intensifying labor.

According to the article, the BLS counted 4.5 million people working part-time for economic reasons. The 4.5 million figure refers to people working part-time for economic reasons; the 5.8 million figure refers to people outside the labor force who wanted a job, according to the article.

The article places those figures in the context of corporate behaviour. According to the report, the corporate turn toward artificial intelligence is sweeping, and artificial intelligence is being used as an instrument for eliminating jobs and for intensifying labor. The headline describes the layoffs as AI-driven and as deepening. The September data, as the article presents it, shows employment that is stagnant and wages that are lagging, and the layoffs are described as deepening. The report was published by the World Socialist Web Site.

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