While artificial intelligence wasn’t cited as the reason for layoffs, its impact was often evident in more subtle ways, the report noted.
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Nearly 25% of Americans are now ‘functionally unemployed’ — here’s what that ‘harsh reality’ really means
A low unemployment rate typically signals that an economy is generally healthy. The unemployment rate in the U.S. remained near a 50-year-low in April 2025 at 4.2% — plus, American employers added 177 ...
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