Who should new grads boo more? AI or remote work?
Summary
This Jobs Friday episode analyzes the May labor report, noting 172,000 jobs added and a steady 4.3% unemployment rate. The hosts explore why remote work, rather than AI, is hindering entry-level hiring for young graduates. They also discuss how rising black unemployment serves as a leading indicator for broader economic downturns, despite recent improvements.
Topics discussed
Intro: May jobs report highlights and upcoming topics
Sponsors: IXL, Viking Cruises, and Edward Jones
May jobs data: Strong hiring, wage growth, and Fed rate outlook
Young workers: AI vs. remote work as causes for hiring struggles
Black workers: Unemployment trends as a leading economic indicator
Credits and sponsors: Charles Schwab and Integrative Therapeutics
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