Wells Fargo published a pair of charts this week that appear to tell very different stories. On the one hand, higher tariffs are being promoted as a catalyst for job creation. On the other, job openings continue to slide meaningfully. It is increasingly difficult to reconcile those narratives. More plausibly, the growing drag on labor demand reflects the accelerating impact of AI, as productivity gains allow firms to do more with fewer workers.



or is it an indication that the real economy is not expanding (possibly due to tariffs) as some stats indicate
in regards to my comment about the real economy above: https://apnews.com/article/amazon-ups-layoffs-economy-washington-71bfde72b358fddb9a22c15aa13fe848
You may be right. Thanks for the read and comments.