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Kathryn Anne Edwards

πŸ‘€ Speaker
608 total appearances

Appearances Over Time

Podcast Appearances

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

It was an interesting note that kind of reflects what we all see, even if we can't describe, that men and women don't hold the same jobs.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I think I tend to prioritize growth that is both reflecting underlying economic activity as well as growth that is keeping the gears of the labor market moving.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

As much as I would have my preferences over the labor market, you know, the ultimate goal

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

The ultimate policy is not to mess with it too much, right?

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

It does so much on its own.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

170 million people have a job in this country acrossβ€”you've got people who are basically 14 to 95 years old.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

They have every level of education possible in every state, in every locality, and they've all got jobs.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Mostly, it's all working really well.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

I think what I don't like to see isβ€”

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Maybe the better answer to the question is I think the sickness we have in the labor market is not sector specific.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

The sickness that we're seeing growing and mounting evidence of long term is that we have employer concentration that's freezing mobility and dampening wages.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

Think of it a monopoly amongst employers.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

There's mounting evidence that this has been slowly occurring for decades.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

So my preference would be whichever sector has the most businesses, the less agglomeration, the most competition for workers, because that's what will be associated with lots of wage growth and mobility.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

To a certain degree, yes.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

It's convenient and it's financially remunerative to corporations to say that they're laying off because of AI.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

It would be one thing if there was no penalty, but it appears to me there might be a reward for saying that you're utilizing AI.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

You know, it's not the first time this has happened.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

The economy, we'd like to think that it's just numbers, but it's really so much narrative as much as it is hard data.

Prof G Markets
Is the Labor Market About to Tip Us Into Recession?

And the narrative around...