A tale as old as time: the US labour market always responds more flexibly to shocks
jburnmurdoch · x · 2026-11-01
This is a recurring pattern: whether in the Great Recession, the pandemic, or the bundle of shocks from 2022 onward, the US labour market responds more flexibly to the same forces — more layoffs, weaker firms fail, and resources reallocate into more productive sectors. That historical pattern frames current AI-related employment shifts.
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