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AGP Executive Report

Last update: 12 hours ago

US Labor Shock: The U.S. economy unexpectedly shed 23,000 jobs in July, with unemployment slipping to 4.1% mainly because 264,000 people left the labor force—revisions also cut May and June payrolls by 103,000, adding to a “fragile” hiring picture. Fed & Markets: Softer jobs data pushed back expectations for a September rate hike (to about 44%), helping stocks rise and Treasury yields fall. Teen Hiring Watch: Teen employment stayed weak, with the teen share of the workforce continuing a long slide, making youth job prospects an early stress signal. AI vs Jobs (India): Nomura says AI is creating more roles in India than it is eliminating, citing 83,100 AI-related job gains versus 31,921 layoffs/attrition. Workplace Disputes (UK): Norwich Airport staff plan strike action starting Aug. 17 over pay and parental leave, warning holiday disruption if talks fail. Visa Compliance (US): DHS raised biometric screening fees for larger H-1B employers when extending visas. HR Fraud Alert (USVI): Virgin Islands DLCA warned businesses that imposters are trying to collect licensing fees in the field. Union Bargaining (US): Youngstown State University approved new faculty and classified employee union contracts with multi-year pay increases. Health Benefits Perk (US): Bank of America is spending about $250M a year on GLP-1 weight-loss drugs for employees as a retention and wellness move. Hiring Integrity (UK): Cambridge will review senior hiring processes after a plagiarism controversy involving a professor’s resignation.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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Employee of gang reduction nonprofit fatally shot on the job in South Los Angeles

Employee of gang reduction nonprofit fatally shot on the job in South Los Angeles

Job market hits setback, losing more than 20K jobs in July

Job market hits setback, losing more than 20K jobs in July

Staff at Singapore banks reap big windfall as company stocks shoot up

Staff at Singapore banks reap big windfall as company stocks shoot up


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Staff Sgt., Colonel Reinstated Into Army After Leaving Over COVID-19 Vaccine Refusal

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Job Posting: Legislative Affairs Analyst

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Kenosha County Summer Youth Employment Program completes 18th season

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Ironwood State Prison leaders show staff appreciation

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Smith on July Jobs Report: Private Sector Keeps Adding Jobs Thanks to the Working Families Tax Cuts

U.S. House Committee on Ways and Means

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Smith on July Jobs Report: Private Sector Keeps Adding Jobs Thanks to the Working Families Tax Cuts

U.S. House Committee on Ways and Means

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