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John Coogan

๐Ÿ‘ค Speaker
4862 total appearances

Appearances Over Time

Podcast Appearances

TBPN
Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

All showed strong growth.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

and led to expectation-beating jobs growth.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

This is the weird dynamic that you're seeing all of this growth in the AI economy, and yet the overall employment is still chugging along.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

We can pull up the chart from the Wall Street Journal,

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

The U.S.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

job market blew past expectations in April, buoyed by gains in industries, including retail, transportation, warehousing, healthcare.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Not completely unexpected, given that those are not particularly AI-targeted areas, whereas you might see the layoffs in the tech community, but it's just not enough because the U.S.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

employs over 100 million people, and so a layoff of 4,000 people at some tech company just doesn't really move the needle when you're talking

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

What?

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Why?

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Why is it up so high?

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Maybe they beat, yeah.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Everyone says this is a Kiriakou filter.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

It really is.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

No, no, it's quite popular.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Broken containment fully.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

The American economy added 115,000 jobs in April.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

This was down from a net gain of 185,000 jobs in March, but it was much better than what expectations were for April.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

Analysts polled by the Wall Street Journal were expecting 55,000 jobs and the real number came in more than twice that, which is like, it just breaks the narrative a lot.

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Apple-Intel Chip Deal, U.S Adds 115K Jobs, DeepSeek Eyes $50B Valuation | Diet TBPN

There is this disconnect between like the AI economy and the real economy.