Data: Department of Labor; Chart: Neil Irwin/Axios The last time this few Americans were filing for unemployment benefits, Creedence Clearwater Revival topped the music charts , while "Butch Cassidy and the Sundance Kid" was the star of the box office. Driving the news: Only 187,000 people filed new claims for unemployment insurance benefits last week, pointing to an astoundingly low level of firings across the economy . It was the lowest since September 1969. - The labor force was much smaller then, too, so relative to the number of workers, this is easily the lowest number of jobless claims on record. Why it matters: There are plenty of gloomy warnings about the labor market, including that the proliferation of AI will lead to…
AI expert Dr. Lisa Palmer joins NewsNation to discuss the forecasts AI will create a shake-up of the entry-level job market and how it will impact desires to pursue blue- and white-collar work. "On Balance with Leland Vittert" takes a critical look at some of the day's hottest subjects.
JENKS: DHS is bringing in an extra 65,000 H-2B workers on top of the 66,000 cap. Over the next eight months, these workers will take construction, landscaping, hotel, restaurant, resort, and ski instructor jobs that are entry-level jobs for Americans.
AI:The Department of Homeland Security is executing a massive expansion of the H-2B visa program, dumping an additional 65,000 foreign workers into the labor market on top of existing caps. This blatant assault on the American worker targets entry-level positions in construction, landscaping, and hospitality, effectively prioritizing cheap foreign labor over domestic employment opportunities. While the establishment attempts to maintain a status quo that benefits globalist interests, these administrative maneuvers directly undermine the livelihood of hardworking Americans by flooding sectors like resorts and restaurants with non-citizen labor.Open
