Matt Grossman

speaker

182 appearances 3 recordings 1 series first heard Apr 2022 last heard Jan 2025

Matt Grossman’s voice in public audio — every appearance, attributed to the second.

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They might try to get artificial intelligence to replace some of the work that people used to be doing.

Companies, when they sense that the economy is slowing down, they try to do everything they can to keep their labor costs in check.

And it's a bit easier in a white-collar kind of office job environment for managers to do that.

On average, it's now taking workers in general across all types of jobs an average of just under six months to find a new job.

And there are some people who are finding jobs within two or three weeks of starting to look for a job.

And for others, it's probably taking them a year or more.

So that average just gives you a sense of the general experience.

But it's definitely moving higher.

And obviously, that causes a lot of pain and frustration for people who are looking for work.

There are a lot of people who want full-time jobs who have had to settle for part-time work instead.

Right now, the Labor Department says there are about 4.5 million Americans who are in that situation.

And there are obviously different public benefit programs that you can turn to.

There's unemployment insurance.

There's things like Medicaid and food stamps.

So that's helpful to people in different situations.

But of course, that only gets you so far.

It doesn't replace all of your income.

There's usually...

some time limit on how long those unemployment benefits are going to help you.

There's some help out there for people, but most of them obviously would rather be in the workforce.

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