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Here's what the doomsayers are getting wrong about the job market, according to a Wall Street veteran
"This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor."
Raccontata da
fortune.com
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The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says
"In episodes when labor demand slides with a growth downshift, it is often a precursor to retrenchment."
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Here's what the doomsayers are getting wrong about the job market, according to a Wall Street veteran
"This implies that the weak gains in payrolls in recent months might have something to do with the supply of labor."
- ·
Stunning new data reveals 140% layoff spike in July, with almost half connected to AI and 'technological updates'
The summer of layoffs is real.