New Delhi, Nov. 27 -- The United States Federal Reserve (US Fed), in its November 2025 Beige Book, said that several companies in America are adjusting to accommodate their business volumes instead of cutting the number of employees in their organisation through mass layoffs amid a weak labour market.
The US central bank said that several employers in the United States have adjusted their working hours to accommodate the expected business volumes instead of cutting the number of employees.
However, the US Fed also highlighted that the rise of artificial intelligence (AI) in the workforce has replaced several entry-level job roles while making the existing workers more productive, in turn reducing the new hiring in the US economy.
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