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James Pethokoukis points to resilient labor market despite AI fears
James Pethokoukis questions whether artificial intelligence is causing a jobs crisis in the labor market.
He points out that, contrary to fears, job openings have not collapsed and unemployment is not rising. In fact, the ratio of job openings to unemployed workers is climbing again and now stands above 1.0, indicating that there are still more available jobs than job seekers.
Pethokoukis has addressed other areas of economic debate in recent coverage. He highlighted the ongoing discussion among progressives regarding the financialization of the U.S. economy and its implications. In previous reporting, he also noted SpaceX’s decision to invest $15 billion in Starship ahead of a potential public offering with the project’s future tied to the company’s valuation.
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