
The shock jobs report sets off this recession alert and holds fresh clues that AI may be boosting unemployment, JPMorgan says
Friday, the job report that published an amazing awakening to Wall Street also contained a signal of recession and more indications than AI weighs on employment. The payroll increased by 73,000 people last month, well below the forecasts of around 100,000. Meanwhile, the May’s count was reduced from 144,000 to 19,000, and the total of…