Austan (Austan) Goolsbee

speaker
656 appearances 1 recordings 1 series first heard Jul 2026 last heard 15 Jul

Austan (Austan) Goolsbee’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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That both of those are low at the same time is really weird.
The hiring rate is so low, it's characterized... If I told you we're in the depths of a recession, that's what you would think by how low the hiring rate is.
But if I told you the layoff rate, you'd think we're in a huge boom.
That's how low the layoff rate is.
So...
It's stable without being good.
Interesting.
I was going to say something totally different.
I attribute that combination to a lot of uncertainty.
that businesses say, yikes, I don't know what the rules are going to be.
I don't know what the tariffs are going to be.
I'm not going to get rid of anybody because I might need them right away, but I'm not going to hire anybody.
So that's where my head is.
Your idea is smarter than mine, by the way.
I like your idea.
No, no, no.
Actually, your idea is a – I do think we should think through if the – let's call that a sector-specific –
If it's all data centers, this could characterize it if it's kind of like we've got a bunch of workers that are trained for one thing, and now it's going to take a while for them to get retrained and shift to somewhere else.
We better think that through.
And if you talk to young people, it's kind of like, hey, should I even invest in this skill set?
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