Unemployment filings hit a 55-year low

Sounds rosy, right? Not if you’re long-term unemployed, underemployed, or a new grad. In this episode, the labor market’s low-hire, low-fire status quo reaches a new extreme. Plus: States sue over new Medicaid work requirement protocols, Uber lays off a tenth of its customer service workers with plans to replace them with AI chatbots, and a family travel boom reshapes luxury resorts.

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Read the stories in today’s episode:

It's still a tight job market, despite record-low initial unemployment claims
As yields on Treasury notes rise, the bond market is changing
States sound alarm over new Medicaid work requirement rule
An AI customer service agent will take your call now
The life of a Hollywood freelancer
Families are crashing honeymoon hot spots