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Jason Greer argues that the labor market isn’t collapsing despite the shock of losing 92K jobs in February, but it is definitely slowing down. He attributes a part of the issue to the Kaiser Permanente strikes, which he says just happens every few years because of contract negotiations. He thinks workers are anxious for a ton of reasons, including politics, cash, global conflict, inflation, and more. Jason argues AI is pushing down wages as workers scramble for jobs, although he notes that businesses are still struggling to figure out how to use it.
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By Schwab Network4.6
3737 ratings
Jason Greer argues that the labor market isn’t collapsing despite the shock of losing 92K jobs in February, but it is definitely slowing down. He attributes a part of the issue to the Kaiser Permanente strikes, which he says just happens every few years because of contract negotiations. He thinks workers are anxious for a ton of reasons, including politics, cash, global conflict, inflation, and more. Jason argues AI is pushing down wages as workers scramble for jobs, although he notes that businesses are still struggling to figure out how to use it.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – https://twitter.com/schwabnetwork
Follow us on Facebook – https://www.facebook.com/schwabnetwork
Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/
About Schwab Network - https://schwabnetwork.com/about

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