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How AI is redefining Wall Street jobs — and boosting demand for this new 'hottest skill' by 1,721%
- Banks are ramping up hiring for AI engineers skilled in coordinating teams of specialized agents
Topic
Jobs and layoffs▲ +20% net tone today
- The US added 29,000 jobs in September, and unemployment rose to 4.2%
- A report says 1.7 million skilled-trade jobs will open annually through 2035
- Wipro gives junior and mid-level staff up to six months to find a billable role
Stories per day
1427 Sept
1928 Sept
2529 Sept
2830 Sept
211 Oct
322 Oct
123 Oct
Nasdaq Leads Stocks Higher as Hiring Softens
- Nasdaq led stocks higher as hiring softened
- Bond yields turned higher and oil fell as the G-7 agreed to release diesel and crude
- Lower crude prices can ease costs for Indian oil-marketers, airlines and other fuel-intensive sectors
Data▲
The Underwhelming Jobs Data That Sparked a Stock Rally
- September jobs data eased fears of further rate increases, sending the Nasdaq to an intraday high
Bets on an October Fed rate hike fall as US job market cools
- The US added 29,000 jobs last month, below economists’ forecast of 90,000
- The unemployment rate rose to 4.2%
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Traders now see little chance of a Fed rate hike in October after weak jobs report
- Odds of an October Fed rate hike tumbled after a report showed a soft labor market
- More traders lowered the chance of a rate increase this month
