Anything above 200,000, and the S&P 500 Index is seen dropping about 1%, according to Goldman Sachs. A JPMorgan Chase & Co. trading desk note sees the gauge as poised to potentially fall by 0.5% to 1% if the print is above 220,000.

A new report shows that company executives plan to cut 3% of their workforce in the next three to five years because of AI.

But AI will not eliminate them fully, rather it will lead to workforce transformation.” Nearly a quarter of the 93 respondents predict a steeper decline of between 5% and 10% of total headcount. The peer group covered by BI includes Citigroup,