Weak August Jobs Report
Labor Secretary Lori Chavez-DeRemer commented on the disappointing August jobs report, highlighting that the economy added only 187,000 jobs, falling short of expectations. This brings the unemployment rate to 3.8%, raising concerns about economic stability.
Impact of Tariffs
Chavez-DeRemer discussed the negative effects of tariffs on the job market, emphasizing that they have led to higher costs for consumers and businesses, potentially stalling job growth in various sectors.
Concerns Over A.I. in Employment
The Secretary raised alarms about the implications of artificial intelligence on job security. She pointed out the need for regulatory measures to ensure that A.I. deployment does not significantly displace workers in the labor market.