https://minutesof.com/on/labor-market/ Everyone on the record about labor market: 15 verbatim quotes from 4 people, July 2019 to May 2026, in one chronology, each with a timestamp and a link to… en Sat, 12 Sep 2026 06:25:13 +0000 https://minutesof.com/q/3dcecd46-1544-4b78-a32e-67886db62db3/ https://minutesof.com/q/3dcecd46-1544-4b78-a32e-67886db62db3/ “My assessment is that the downside risks to employment have increased as the labor market has cooled, while the upside risks to inflation have lessened somewhat.” — John Williams, NY Fed speeches labor market https://minutesof.com/q/c474d536-013a-46c9-99fe-578b17bc4074/ https://minutesof.com/q/c474d536-013a-46c9-99fe-578b17bc4074/ “In particular, inflation expectations are very well anchored, no broad-based supply chain bottlenecks have emerged, labor markets are not creating inflationary pressures, and wage growth has moderated.” — John Williams, NY Fed speeches labor market https://minutesof.com/q/ba7c09ea-c4aa-4345-a876-c8717156aed3/ https://minutesof.com/q/ba7c09ea-c4aa-4345-a876-c8717156aed3/ “After being driven primarily by healthcare over the past few years, employment growth in and around New York City has broadened to include the technology sector.” — John Williams, NY Fed speeches labor market https://minutesof.com/q/99b21bc3-147a-460b-be97-f60fe42beadf/ https://minutesof.com/q/99b21bc3-147a-460b-be97-f60fe42beadf/ “There are no signs of significant second-round effects from tariffs spilling over to the rest of the economy, and the labor market is not adding to inflation pressures.” — John Williams, NY Fed speeches labor market https://minutesof.com/q/02072ad2-0f42-411d-8b0a-b0ba02308530/ https://minutesof.com/q/02072ad2-0f42-411d-8b0a-b0ba02308530/ “The unemployment rate has fluctuated in a narrow band of 4.3 to 4.5 percent since last July, and unemployment insurance claims remain low.” — John Williams, NY Fed speeches labor market https://minutesof.com/q/e442f06e-d9bd-4291-ae8f-83221279fa98/ https://minutesof.com/q/e442f06e-d9bd-4291-ae8f-83221279fa98/ “We have almost complete automation of code writing. You would think that if you could look at this in a simple Malthusian way, all the software developers would be getting laid off right now.” — David Sacks, All-In Podcast Fri, 29 May 2026 22:23:00 +0000 labor market https://minutesof.com/q/b2654396-d945-47f9-8558-ecb1b7e245bf/ https://minutesof.com/q/b2654396-d945-47f9-8558-ecb1b7e245bf/ “And over the past week, you've now seen the narrative shift, I would say almost completely, towards that position.” — David Sacks, All-In Podcast Fri, 29 May 2026 22:23:00 +0000 labor market https://minutesof.com/q/b3165155-0de5-453b-986b-e7cc248fef8c/ https://minutesof.com/q/b3165155-0de5-453b-986b-e7cc248fef8c/ “The advantage would be enormous. Now I think that that's probably a short term arbitrage because eventually everyone's gonna have to figure out how to use these tools.” — David Sacks, All-In Podcast Fri, 29 May 2026 22:23:00 +0000 labor market https://minutesof.com/q/6495835d-9585-4ec4-816e-7e08c78438e1/ https://minutesof.com/q/6495835d-9585-4ec4-816e-7e08c78438e1/ “There's a study by Yale, the Yale Budget Lab, which concluded no discernible disruption to the labor market in the first three years after the launch of SHAT GPT.” — David Sacks, POLITICO Fri, 01 May 2026 14:00:14 +0000 labor market https://minutesof.com/q/5545d9eb-f604-48a2-b5db-f029f80ebf33/ https://minutesof.com/q/5545d9eb-f604-48a2-b5db-f029f80ebf33/ “I saw that I think Anthropix got numerous open job recs for software developers at $500,000 a year, which seems like a lot to pay someone whose job is going to be obsolete and not needed anymore in just a few months.” — David Sacks, Council on Foreign Relations Wed, 22 Apr 2026 13:15:17 +0000 labor market https://minutesof.com/q/672dda0c-8c57-4dd8-976a-da1b3dcee55a/ https://minutesof.com/q/672dda0c-8c57-4dd8-976a-da1b3dcee55a/ “Wall Street Journal had a really good article about this. The construction industry is seeing a ton of demand.” — David Sacks, Council on Foreign Relations Wed, 22 Apr 2026 13:15:17 +0000 labor market https://minutesof.com/q/63367e3b-d07a-4491-922e-a9f1425204fd/ https://minutesof.com/q/63367e3b-d07a-4491-922e-a9f1425204fd/ “Less than 5% of the layoffs last year were attributable to AI. It was actually just a very small category.” — David Sacks, Council on Foreign Relations Wed, 22 Apr 2026 13:15:17 +0000 labor market https://minutesof.com/q/330c8b09-ec59-4baa-aff8-f1c36f4a25e0/ https://minutesof.com/q/330c8b09-ec59-4baa-aff8-f1c36f4a25e0/ “Yale Budget Lab did a study and they said that there was no discernible disruption, I mean, that's like a quote, to the labor market in the first three years after the launch of ChatGPT.” — David Sacks, Council on Foreign Relations Wed, 22 Apr 2026 13:15:17 +0000 labor market https://minutesof.com/q/30413b11-674f-4f7a-975a-286101677d37/ https://minutesof.com/q/30413b11-674f-4f7a-975a-286101677d37/ “My travel, I watched CNN International and they're drumming up interest in a show. And the anchor says to a guest, You say that AI has the ability to eliminate half of entry level jobs.” — Howard Marks, The Investor’s Podcast Sat, 21 Feb 2026 22:45:03 +0000 labor market https://minutesof.com/q/38b115fe-c11a-473c-a864-6d6791272a27/ https://minutesof.com/q/38b115fe-c11a-473c-a864-6d6791272a27/ “It turns out that if you get just 5% of the supply, the value you provide in customer is no different than if you get 95% of the supply.” — Bill Gurley, Invest Like the Best Tue, 02 Jul 2019 09:30:00 +0000 labor market