Brian Moynihan on AI's impact on jobs, Bank of America's campus hiring spree
Bank of America CEO Brian Moynihan addresses college students' concerns about AI's impact on entry-level jobs, detailing the company's commitment to hiring 4,000 campus recruits on 'Fox & Friends.'
The U.S. economy added jobs at a modest pace in May amid uncertainty surrounding the impact of conflict in the Middle East on the labor market.
What are the key findings of the May 2026 jobs report?
The Bureau of Labor Statistics on Friday reported that employers added 172,000 jobs in May. That figure is above the estimates of economists polled by LSEG, who predicted a gain of 85,000 jobs.
The unemployment rate held steady at 4.3%, which was in line with the expectations of LSEG economists.
Construction at Fort St. Vrain Generating Station in Platteville, Colorado, on March 9, 2026. (Chet Strange/Bloomberg via Getty Images)
HOW AI EXPOSURE IS RESHAPING JOBS IN CREATIVE FIELDS
