The Business Nearby

Us Economy

2 articles

An experienced tech professional looking concerned in a modern, empty office space with glowing AI interfaces, symbolizing job displacement due to artificial intelligence.
New Openings

Tech Industry Mass Layoffs Hit Experienced Roles in May 2026

In May 2026, the technology sector announced 38,242 job cuts, marking the highest monthly total since August 2024.

Rizza Valencia·June 11, 2026
Cinematic depiction of AI's impact on the workforce, showing fading silhouettes of people against a futuristic cityscape, symbolizing job displacement.
Main Street Properties

AI job displacement cuts US payroll growth by 16,000 monthly

In the past year, AI slashed US monthly payroll growth by roughly 16,000 jobs, hiking the unemployment rate by 0.

Rizza Valencia·May 24, 2026