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Confused About the Economy? We can Help!
In a recent piece on CNN ... eyebrows were raised about the state of America's economy. The article describes a growing disconnect in the U.S. economy: strong growth and rising corporate productivity driven by artificial intelligence, but weak job creation. Companies are investing heavily in AI and automation, which allows them to increase output without hiring more workers — especially in roles involving routine or administrative tasks. This dynamic has produced what economists call a “jobless boom”: profits and productivity rise, while new jobs lag behind. The Federal Reserve is increasingly concerned because this trend creates risks for both workers and the broader economy. Lower-skilled and entry-level workers face displacement, wage inequality may widen, and traditional unemployment metrics may understate how difficult it has become for people to re-enter the job market. Policymakers now face a harder balancing act as AI reshapes labor demand, raising questions about retraining, social supports, and how to manage an economy where growth no longer guarantees broad-based job creation. If you're confused don't feel bad. In fact, if you're a journalist covering this topic let us help. Dr. Jared Pincin is a nationally respected expert on economic issues facing the United States of America. He's available to speak with media simply click on his icon now to arrange an interview today.
