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AI IS KILLING the Labor MARKET and the FED knows it...
The unemployment rate says 4.3%, but that headline may be hiding a much weaker labor market underneath. In this video, Mark Malek breaks down why the Federal Reserve is focusing less on the headline number and more on the composition of job growth — especially the outsized role of health care, the growing impact of AI-driven hiring freezes, and the risk that labor market weakness could show up all at once instead of gradually.We also dig into the Fed’s latest warning, why energy shocks still matter, how workers leaving the labor force can make unemployment look better than it really is, and…
The skinny
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