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Positive Jobs Data, Blue-Collar Millennials, AI Deployment Gets Assist

Season 6 Episode 38 Published 6 hours ago
Description

Multiple sources show job growth trending upward, including the Paychex Small Business Employment Watch that showed a fourth consecutive month of improvement. This bodes well for businesses that had been feeling pressured by the labor market, says host Gene Marks. He also discusses the trend of Millennials snapping up skilled-trades businesses, and for many good reasons, including recurring cash flow and currently resistant to AI disruption. In AI news, Microsoft put $2.5 billion into a firm that helps with AI deployment and training on many AI models, some not even their own. Listen to the podcast.

Topics:

00:00 – Introduction

00:20 – Paychex Small Business Employment Watch

03:37 – Blue-Collar Business Acquisitions

06:57 – Microsoft Invests in Helping AI Deployment

09:48 – Episode Wrap-up

Additional Resources

Paychex Small Business Employment Watch: https://bit.ly/paychex-sbew

Meet Paychex: https://bit.ly/3VtM6bs

DISCLAIMER:
The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.

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