Jerome Powell says Gen Z without tech skills are getting crushed in the ’low-hire, low-fire’ job market—and colleges are failing them
While a major economic issue, there’s not much the Fed can do about that, he said...
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Eva Roytburg
02:19
Jerome Powell on signs of an AI bubble and an economy leaning too hard on the rich: ‘Unusually large amounts of economic activity’
“[Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest that.”...
Eva Roytburg
02:19
Powell isn’t being subtle about Trump, immigration and the employment disaster: ‘The supply of workers has obviously come way down’
There’s very little growth, if any, in the supply of workers. And at the same time, demand for workers has
Eva Roytburg
17:24
America’s job growth has flatlined — and Mark Zandi believes June may have been the start of a recession
June’s job loss was the first since the pandemic, a flashing-red signal that the economy’s growth momentum has stopped...
