The Fed is watching AI and layoffs "very carefully."

the layoffs. You see significant number of companies either announcing that they are not going to be doing much hiring or actually doing layoffs and much of the time they're talking about AI and what it can do. So, we're watching that very carefully in and you know, yes, it could absolutely have implications for job creation.We don't really see it in the claims data yet. Now, it's not a surprise that we don't. It takes some time for it to get in there. ...