Tech is starting to 'create some unemployment' with AI: Economist [Yahoo! Finance Canada]
Interactive Brokers Group, Inc. - Class A (IBKR)
Last interactive brokers group, inc. - class a earnings: 4/21 04:01 pm
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Source: Yahoo! Finance Canada
"We have a really remarkably calm labor market right now... If you take a look at the pace of firings yesterday, you take a look at this hiring remarkable stability here — that's what I really see in this report," RSM chief economist Joe Brusuelas tells the Morning Brief's Seana Smith and Madison Mills . "It's an American labor market that's just moving along at full employment." Brusuelas looks at President-elect Donald Trump's proposed tariffs and other economic policies as a risk to the US labor market's consistency in 2025. As more workers are staying unemployed for longer between jobs, Brusuelas identifies Big Tech as a major instigator of this dilemma: "The 800-pound gorilla in the room is technology beginning to create some unemployment? What economists would kindly call 'technological unemployment.' It's [why] everybody worries about artificial intelligence." For more commentary on the November jobs report, catch Yahoo Finance's interview with Interactive Brokers chie
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IBKR
Earnings
- 10/15/24 - Miss
IBKR
Sec Filings
- 12/2/24 - Form 4
- 11/14/24 - Form SC
- 10/21/24 - Form 8-K/A
- IBKR's page on the SEC website