Artificial intelligence could be boosting worker productivity to a level where companies feel less pressure to hire, senior Trump administration economic adviser Kevin Hassett said on Monday. Speaking on CNBC’s Squawk Box, the National Economic Council director said he has noticed “mixed signals in the job market” but “really, really positive signals in the output markets,” as per CNBC. Hassett pointed to strong US GDP growth in the second quarter of 2025 and suggested that firms may be experiencing a “quiet time in the labour market” because AI is making staff significantly more efficient. According to CNBC, he said companies may feel they “don’t necessarily have to hire the new kids out of college and so on.” However, Hassett stressed that any AI-driven cooling in the job market
US jobs & AI: Donald Trump adviser blames AI-led efficiency for labour market 'quiet time'; views hiring slowdown as temporary
The Times of India2 hrs ago
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