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by readthenotes1
304 days ago
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ADP's June employment report was pretty dismal, much worse than the blowout BLS report that came out the next day. It was more in line with the revision that came out 2 months later. The ADP Chief economist said that the problem wasn't that companies are laying off, is that they aren't replacing attrition - - that they can get the same work done without doing so and hinted at AI productivity boost as a reason. I know it's a raging battle here, but just simply having a search engine that works again is a huge productivity gain... |
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