politics

The job market may be weaker than it seems.

According to The Wall Street Journal:
The U.S. economy created over two million jobs last year, but a growing number of unemployed individuals are struggling to return to work.

By November, more than seven million Americans were unemployed, meaning they were jobless and actively seeking employment.

Over 1.6 million of these unemployed individuals had been looking for work for at least six months.

According to the Department of Labor, the number of people searching for work for this extended period has increased by more than 50% since the end of 2022.

looking at information and financial activities having the bigger difference.. could this have something to do with AI?

Alchemist. 
Block Builder. 
Creator.
Degen. 
Ethereum dev. 
Farcaster Framer.

In information, AI performs tasks like data processing, content creation, and information analysis better than any human, making it highly likely that companies are relying on AI.

In financial activities, AI provides better risk management and analysis.

Microsoft, Meta, Amazon, and Google are all thinking about replacing humans with artificial intelligence. We will face many challenges with the advancement of AI in the job market. I don't know how the government plans to manage it.

yeah, and these are the sectors that are more integrated into AI, I would bet that some are refusing to invest too much in hiring people, thinking on some kind of migration (I heard that google did some movement like that)