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Stop Blaming AI with Allie Kelly

Stop Blaming AI with Allie Kelly

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 In this episode, hosts Joel Cheesman and Chad Sowash sit down with Business Insider economy reporter Allie Kelly to unpack the real story behind the white-collar bloodbath sweeping across America. Far from the easy narrative blaming AI for vanishing jobs, Kelly reveals how sky-high Federal Reserve interest rates are choking company hiring, why aggressive deportation policies are quietly shrinking the labor force in key industries, and how a stubbornly low quit rate masks a job market that feels frozen for millions. Despite an unemployment rate hovering just above 4%, white-collar workers in tech and finance are stuck sending hundreds of applications into the void—while a massive skills mismatch leaves hot sectors desperate for talent. If you’re frustrated with today’s job hunt or wondering when the market will thaw, this no-holds-barred conversation cuts through the noise and delivers the economic truths everyone needs to hear. Chapters 00:00 - Introduction to the Podcast and Guest 02:06 - Allie Kelly's Background and Expertise 03:58 - The Current Job Market Landscape 08:20 - Impact of Immigration on Labor Supply 10:12 - Understanding the Sluggish Job Market 12:46 - The Workforce Imbalance and Its Implications 15:41 - The Role of AI in Job Market Dynamics 19:40 - The Cycle of Hiring and Layoffs 20:31 - The Influence of Tariffs on Employment 24:30 - The Fragility of the Economy 27:56 - Navigating the Current Economic Landscape 30:03 - Future Predictions and Economic Recovery 35:22 - The Role of Baby Boomers in the Economy
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