Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The AI Economy Is Rewriting the American Dream for Blue-Collar Workers
Episode 5 of The Macro Memo digs into the CNBC headline that the AI economy is rewriting the American Dream, specifically focusing on blue-collar workers. Lucas and Luna discuss how automation and AI are reshaping labor markets, with job openings (JOLTS) down to 6.866 million and average hourly earnings at $37.40. They explore why blue-collar workers might be poised to win, and what that means for GDP and inflation. The conversation is grounded in current data as of May 22, 2026, including the unemployment rate at 4.3% and the 10-year breakeven inflation at 2.39%. A thoughtful look at the…
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