Bloomberg Surveillance · Friday, September 4, 2026
The conversation explored the evolving nature of 'full employment,' emphasizing that it's not just about having a job, but about having 'good jobs' that are fulfilling and pay well. Experts suggested that the rise of AI is beginning to disrupt the labor market, starting with easily automated entry-level positions, and will continue to change the landscape of employment in ways that require deeper societal discussion.
“And it's really not just about people who want jobs, having jobs. They need to be good jobs, too. And I think, you know, it's something to think about on a jobs day that's right before Labor Day.”
“We really do need to think about the quality of jobs. And there's a lot in the data that we get this morning that tells us about the quality of the jobs. And there's a lot in the conversation around AI that's really not about, will I have a job?”
“Will it be one that pays well and is fulfilling to have? So I think sometimes when we're arguing, it's because we're kind of talking past each other and looking at different parts of the data. But that really big picture conversation that maybe economists are not the ones to lead. is one that we really do need to be having, too, right now.”