Latest / THRIVE, a Paychex Business Podcast
Unemployment Is Down, Proposed Bills to Help SMBs, AI Not Leading to Mass Layoffs
Unemployment claims have dropped to their lowest level since mid-July, which is a good indicator that layoffs aren’t imminent. Host Gene Marks talks about employers holding on to their employees in a strong labor market. Plus, the House of Representatives passes nine bills with bipartisan support aimed at strengthening programs in the Small Business Administration, including ones dealing with funding access and disaster assistance. In AI news, Bank of America puts millions toward AI implementation and the training is leading to an increase in productivity and less layoffs. Listen to the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.