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🎁 —> https://www.wsj.com/economy/jobs/20...0?st=HDcrTf&reflink=desktopwebshare_permalink

“… At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire.

… The reluctance to add staff reflects concerns about the economy, along with the belief that artificial intelligence could handle more work inside major companies. Other employers hired too many people after the pandemic and are still correcting for that.

“We’re close to zero job growth. That’s not a healthy labor market,” Federal Reserve governor Christopher Wallersaid at the Yale summit. “When I go around and talk to CEOs around the country, everybody’s telling me, ‘Look, we’re not hiring because we’re waiting to try to figure out what happens with AI. What jobs can we replace? What jobs do we don’t?’”…”

I am intended to believe gdp was also 4.3% in the same environment?
 


🎁 —> https://www.wsj.com/economy/jobs/20...0?st=HDcrTf&reflink=desktopwebshare_permalink

“… At a gathering of CEOs in Midtown Manhattan this month organized by the Yale School of Management, 66% of leaders surveyed said they planned to either fire workers or maintain the size of their existing teams next year. Only a third indicated they planned to hire.

… The reluctance to add staff reflects concerns about the economy, along with the belief that artificial intelligence could handle more work inside major companies. Other employers hired too many people after the pandemic and are still correcting for that.

“We’re close to zero job growth. That’s not a healthy labor market,” Federal Reserve governor Christopher Wallersaid at the Yale summit. “When I go around and talk to CEOs around the country, everybody’s telling me, ‘Look, we’re not hiring because we’re waiting to try to figure out what happens with AI. What jobs can we replace? What jobs do we don’t?’”…”

This is the economic chicken that will be coming home to roost in 2026
 
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