Only Fed officials, and not the BLS commissioner, have the power to directly sway the U.S. labor market on a macroscopic level.

If the Fed cuts rates later this month — a move it'll almost certainly make — it'll be a stitch, just in time, to save investors more than a dime.

The implication — a highly speculative one! — is that job losses suggest AI is working as intended — good for the companies, not so much for job seekers.

The latest Labor Department report showed that the U.S. economy created fewer jobs than had been initially reported in the year ending March 2025.

Only Fed officials, and not the BLS commissioner, have the power to directly sway the U.S. labor market on a macroscopic level.

Only Fed officials, and not the BLS commissioner, have the power to directly sway the U.S. labor market on a macroscopic level.