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1 week ago

The invisible layoff: AI is quietly locking Americans out of the job market, CEO warns

The February jobs report revealed a loss of 92,000 jobs, but according to RedBalloon CEO Andrew Crapuchettes, the real economic rot isn't just in the numbers — it's in the technology.Crapuchettes warns that an invisible layoff is occurring as artificial intelligence algorithms effectively delete qualified American workers from the applicant pool, creating a massive disconnect that he says is fueling the jump to a 4.4% unemployment rate and short-term economic "pain.""AI is causing a lot of disruption in the job market right now," Crapuchettes told Fox News Digital. "[Companies] are using AI ef...

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1 week ago
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