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🗓️ 1 August 2025
⏱️ 10 minutes
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0:00.0 | NPR. |
0:02.0 | This is the indicator from Planet Money. |
0:13.2 | I'm Adrienne Ma. |
0:14.3 | And I'm Darym Woods. |
0:15.2 | And it's Jobs Friday. |
0:18.7 | It's that time each month where we check in on the latest jobs numbers and trends that are shaping the jobs market. |
0:25.7 | So first with the numbers. |
0:27.1 | The Bureau of Labor Statistics's latest report shows that the unemployment rate ticked up to 4.2% last month, while the economy added just 73,000 jobs. |
0:36.7 | That is less than analysts expected, though the biggest |
0:39.8 | surprise from this report is that the BLS made a big downward revision to its previously reported |
0:44.7 | job numbers. That's right. The BLS now says the economy added about a quarter million fewer |
0:52.9 | jobs than they had previously reported. |
0:55.4 | That downward revision wipes out most of the job gains reported in May and June. |
1:00.6 | And this relatively soft jobs report suggests the economy is feeling the effects from the Trump |
1:05.9 | administration's tariffs and immigration policies. |
1:09.3 | Now, zooming out from today's news, this Jobs Friday were focused on a trend that could also spell fewer jobs in the not too distant future, AI. |
1:18.6 | We recently asked listeners, how are you using AI in your job? |
1:23.1 | And after the break, we'll share some of those stories. |
1:25.8 | Stories which ranged from the good to the bad to the ghoulish. |
1:40.1 | Let's start with the good, the positive stories of AI at work, because you actually sent us a lot of them. |
1:46.3 | Yeah, so a lot of listeners said they're using AI for tasks they used to do manually, and it's helping them work more efficiently. |
1:53.2 | Listen to David Reschatar from Fort Worth, Texas was one of them. |
... |
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