lots of questions around whether AI is a major factor associated with the relatively low hiring rate for people just graduating from school and just entering the labor market and you know people are doing studies on that we think we can find some evidence that AI generative AI is is having some it's one of the reasons here but we can't really say it's the main reason clearly generative AI has all the earmarks of an emerging technology that could be very important in our economy And in our society, it really ...

you see um people who are sort of more at the margins. So, kids coming out of college and and younger people, minorities are are uh uh having a hard time finding jobs. The overall fi job finding rate is very very low.However, the the the layoff rate is also very low. So, you've got a low a low firing, low hiring environment. And the concern is that if you start to see layoffs, the people who are laid off won't there won't be a lot of hiring going on.So that could very quickly flow into uh into higher unempl ...