Jerome Powell and Economists Discuss Gen Z's Workforce Challenges Amid AI Concerns
TL;DR Summary
Amidst a broader economic slowdown and a hiring freeze, US youth unemployment has risen sharply, especially among recent graduates, with experts emphasizing that this is primarily due to a 'no hire, no fire' environment rather than AI disruption, which remains a secondary factor.
- Top economists and Jerome Powell agree that Gen Z's hiring nightmare is real—and it's not about AI e Fortune
- Powell says AI may be hurting entry-level jobs: 'Hard to say how big it is' Business Insider
- Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’ Yahoo Finance
- Fed Chair Jerome Powell says that AI isn't the main source of labor market woes — here's what is TheStreet
- Jerome Powell highlights challenges for Gen Z graduates entering workforce The Economic Times
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