Heather Long

Companies are spending so much money investing in AI and the latest technology that there simply isn't a lot of money left to hire.

are to give big pay raises anymore.

And so it's almost like the AI investment is eating the jobs.

And now there's concern with the war in Iran that as these gas and diesel prices rise, if they stay high and stay elevated, that's also eating into company budgets.

And does that force even less hiring or potentially layoffs later this year?

It's a wild guess, but there is some science involved in it.

Hi, Kai.

Hi, Kai.

Hey, Kai.

Hey, Kai.

Yeah, sure.

Yeah, sure.

So much is moving around the job market.

So much is moving around the job market.

But I think the big picture, if you step back, is we're in a frozen job market.

But I think the big picture, if you step back, is we're in a frozen job market.

And it's been that way for about a year.

And it's been that way for about a year.

And the unemployment rate's been stuck between 4.2 and 4.5%, which, as you point out, not too bad.

And the unemployment rate's been stuck between 4.2 and 4.5%, which, as you point out, not too bad.