Article
Jobless Claims Refuse To Show Any Signs Of AI Jobpocalypse
Jobless Claims Refuse To Show Any Signs Of AI Jobpocalypse
The number of Americans filing for unemployment benefits for the first time fell to 209k last week (below expectations), continuing to show absolutely on signs of any labor market stress...
Source: Bloomberg
That is basically unchanged since 2021.
Continuing jobless claims ticked up modestly but remains below 1.8 million Americans (just off two year lows)...
Source: Bloomberg
So, despite the tsunami of headlines every day about the AI jobpocalypse, 'hard' data shows no signs of any pain yet (wait until the severance packages run dry)...
...
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Mullin Blasts Biden Admin After DHS Employee Killed By Naturalized Felon
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On Monday, Lauren Bullis, a 40-year-old Department of Homeland Security (DHS) employee, was "brutally shot and stabbed to death" while walking her dog, and DHS Secretary Markwayne Mullin is blaming the Biden administration for her murder.
Olaolukitan Adon Abel (left) and Lauren Bullis (Photos: DHS)
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