Labor

A long list of U.S. jobs are being rendered obsolete by technological advancements and automation. Which workers are most at risk?

You will find more statistics at Statista

After a poor March jobs report, followed by an April scorcher, the May payrolls report due at 8:30am on Friday will be the tiebreaker, not only for the current state of the economy where both soft and hard data have been deteriorating in recent weeks, but perhaps also for the June rate hike decision, which as the Fed noted in its May FOMC minutes, may not take place without "evidence" that the recent "transitory weakness" in the economy is over. Here are the consensus expectations for tomorrow's report:

While Amazon is testing drone delivery, ocean freight, (and teleportation devices, ok we made that up), WalMart has decided to take a different approach to fulfilling its online orders... employees will deliver packages on their way home from work!

As AP reports, in its latest effort to compete with online giant Amazon, Walmart is testing a delivery service using its own store employees, who will deliver packages ordered online while driving home from their regular work shifts.

When the Fed released last month's Beige Book, as part of the explanation why employers are having an increasingly more difficult time finding jobs, it presented the following disturbing anecdote from a Boston Fed respondent:

Employment, new orders, and production all slowed notably in May according to the MNI Chicago PMI report. Printing at 55.2 - below the lowest expectation - this is the lowest level since January's collapse.

Forecast range 56 - 62 from 34 economists surveyed... oops!

Breakdown: