Prof G Markets Warning Signs From the Labor Market — ft. Kathryn Anne Edwards
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Jun 13, 2025 
Kathryn Anne Edwards, a PhD economist and Bloomberg News columnist, joins the discussion to dissect the latest jobs report and its implications for the labor market. She contemplates the potential threats posed by AI to employment and debates the timing of tariffs. Kathryn also critiques the GOP tax bill’s impact on the economy and shares her view on raising the federal minimum wage. The conversation dives deep into the wealth gap, advocating for policies that could promote economic fairness and support low-wage workers.
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Subtle Labor Market Slowdown
- The U.S. labor market shows signs of a slow economic slowdown despite stable headline numbers.
- Revisions to job estimates, labor force exits, and sectoral employment shifts signal underlying concerns.
Integrity at Risk in Data Agencies
- U.S. government statistical agencies suffer from funding cuts and political pressure.
- Revisions in data show integrity, not manipulation; threat lies in politically motivated staffing changes.
AI Threat: Wealth Concentration
- AI's impact on jobs is still emerging with no clear large-scale job losses yet.
- The deeper threat is AI concentrating wealth amid an underpaid, powerless workforce.