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Where Did All The Good Jobs Go?

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CNBC Marathon breaks down the key challenges facing the U.S. labor force as Americans become increasingly anxious about retirement savings, job security and economic uncertainty.

More than 60% of surveyed Americans are more worried about running out of money in retirement than they are about dying, according to a 2025 survey from Allianz Life. Younger Americans are saving more than previous generations, yet they remain deeply pessimistic about retirement. As Social Security faces long-term funding issues and employer pensions fade away, many are depending on working longer to make ends meet. But some economists warn that planning to extend careers may not be a reliable solution considering the prevalence of age discrimination and the overall state of the labor market.

Relatively few people are finding new jobs in the United States. The slowdown in hiring comes as businesses navigate rapidly evolving federal policies on taxes, trade and immigration. In the backdrop, younger people are struggling to find work in software development and marketing roles that may be augmented or replaced by artificial intelligence. The Federal Reserve cut short-term lending rates to support economic growth despite higher than ideal inflation.

The U.S. labor market is showing signs of stagnation. People are quitting their jobs at the lowest rate in recent years and companies are hiring at their slowest pace in more than a decade. Now, employees are opting to stay in jobs that may not be fulfilling. Experts say fears of inflation, layoffs and a cooling economy are driving this trend, which could potentially dampen innovation and hurt long-term economic growth.

Americans are worried about their careers. This CNBC Marathon delves into why young workers are questioning the reliability of the U.S. retirement system, how a stagnating work force is slowing hiring and what that means for Americans staying at jobs they may otherwise would quit if not for the current economic trends.

Chapters:
00:00 Introduction
01:45 Why Your Retirement Plan Might Backfire (Published August 2025)
13:25 Why Jobs Are Disappearing In The U.S. (Published September 2025)
22:12 Why So Many Americans Are Clinging To Their Jobs (Published September 2025)

Credits:
Produced by: Charlotte Morabito, Carlos Waters
Edited by: Nora Rappaport, Andrea Miller
Additional Editing by: Jeff Huang
Animation: Emily Park, Jason Reginato, Andrea Schmitz
Additional Camera by: Kaan Oguz
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
Additional Sources: ADP, Bankrate, Fannie Mae, Fidelity, Peterson Institute for International Economics, Stanford University, U.S. Bureau of Labor Statistics, U.S. Treasury Department

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Where Did All The Good Jobs Go?

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How Close Are We To Robots That Actually Do Chores?

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Humanoid robots seem to be going mainstream, appearing on stage with Elon Musk, Jensen Huang and all over CES 2026. But in reality, humanoids are often still tele-operated by humans. And they’re far from ready for mass deployment in the home, where unpredictabilities like kids and pets also raise the stakes for privacy and safety concerns. Still, companies like 1X in the U.S. and Unitree in China are now selling AI home robots for $20,000 and up. CNBC went to the 2nd annual Humanoid Summit in California and CES to find out if home robots will be stuck in demo mode for years to come.

Chapters:
00:00 Introduction
1:29 Hype vs. reality
5:38 Stuck in demo mode
8:33 China and early adoption

Produced and Shot by: Katie Tarasov
Edited by: Evan Lee Miller
Additional Camera: Marc Ganley
Senior Director of Video: Jeniece Pettitt
Editorial Support and Camera: Kif Leswing
Additional Footage: 1X, Agility Robotics, Apptronix, Boston Dynamics, Figure AI, Getty Images, LG, Neo, Nvidia, Tesla, UBTech, Unitree, Weave Robotics, XPeng

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How Close Are We To Robots That Actually Do Chores?

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Why ‘no tax on tips’ may be making America’s tipping problem worse

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With tax season approaching, millions of workers could soon claim the “no tax on tips” deduction, which offers a tax break for returns filed in 2026. But some experts question which workers will benefit from the policy.

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Anthropic Vs. OpenAI: How Safety Became The Advantage In AI

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Daniela and Dario Amodei left OpenAI five years ago to form Anthropic, a company focused on AI safety and enterprise. Since then, the Claude creator’s revenue has grown 10x annually for three straight years, with 85% coming from business customers — the inverse of OpenAI’s consumer-heavy model. Daniela Amodei, the company’s president and co-founder, has emerged as the operational counterweight to her brother Dario’s technical vision. CNBC’s MacKenzie Sigalos interviews Daniela and other experts, and breaks down how Anthropic quietly rose to the top of the AI race.

Chapters:
00:00 Introduction
2:03 The beginning
4:52 The enterprise bet
9:39 Compute is destiny
13:20 An identity defined by OpenAI
16:18 What could go wrong

Reporting by: MacKenzie Sigalos
Edited by: Erin Black
Animation: Emily Park, Jason Reginato
Senior Director of Video: Jeniece Pettitt
Camera: Newton Ward, Michael Crowe, Peter Cassam, Duane Poquis, Cary Patton
Additional Production: Andrew Evers, Laura Batchelor

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Anthropic Vs. OpenAI: How Safety Became The Advantage In AI

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Why manufacturing is so hard in the U.S.

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Why is it so difficult to manufacture in the U.S.?

Experts say finding input suppliers is one of many challenges companies face in bringing manufacturing back to America. Meanwhile, countries like China and Vietnam have become manufacturing powerhouses, investing billions more in factories and training.

Even with new tariffs and federal subsidies under the CHIPS Act, some economists remain skeptical of a true U.S. “manufacturing renaissance.”

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Why young grads are struggling to find jobs

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Even as the U.S. economy adds jobs, there are fewer employment prospects for college graduates just starting out, as those armed with a newly minted diploma are facing one of the toughest job markets in a decade, studies show.

“Right now is a really difficult time to find a job,” Cory Stahle, senior economist at Indeed Hiring Lab, told CNBC.

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