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know, that is implications forjob markets in california, florida and other— markets in california, florida and other states.— markets in california, florida and other states. ., . ., , , other states. how much of this comes down to the — other states. how much of this comes down to the foreign _ other states. how much of this comes down to the foreign policy _ other states. how much of this comes down to the foreign policy in - other states. how much of this comes down to the foreign policy in its i down to the foreign policy in its approach to china more generally? increasingly, trade in the united states— increasingly, trade in the united states is— increasingly, trade in the united states is viewed through two lenses, a political— states is viewed through two lenses, a political lens and a national security— a political lens and a national security lens. they did not used to be the _ security lens. they did not used to be the case, — security lens. they did not used to be the case, trade used to be a fundamentally economic issue but the way people think about trade now is politically, _ way people think about trade now is politically, what are the implications of the globalising economy or globalised economy for 'obs economy or globalised economy for jobs and _ economy or globalised economy for jobs and part of the country where manufacturing used to be but we don't _ manufacturing used to be but we don't manufacture much in america. from _ don't manufacture much in america. from a _ don't manufacture much in america. from a national security perspective, the us china geopolitical and having an interconnected world and interconnected world and interconnected economy that the united _ interconnected economy that the united states is a part of and if that means being tied up with china, a regime _ that means being tied up with china, a regime where most americans are very sceptical now and will do the right— very sceptical now and will do the right thing — very sceptical now and will do the right thing in any kind of
intelligence bot. bring in our panel, doug holtz eakin, and grover norquist. gentlemen, thanks for being with us. grover, let start with you. this new report says that a.i. is most likely to replace positions that are repetitive and predictable, and steeped in language, customer service reps, translators and interpreters, technical writers, copy writers, data entry clerks. translate that into the jobs economy. >> well, we have several hundred, maybe thousands of years whenever there was a new technology coming in, people would worry that the number of jobs would disappear. when you make any sector more productive you free up resources and people to do other things.
there is more softness in the jobs economy than people have thought in the past. what the government report says each month has been suggesting at least from the labor department's side of things that the jobs market has been relatively strong. all of this is holding up pretty well given the economic stresses due to inflation, the federal reserve's interest rate hiking campaign and of course the recent bank failures that we've seen over the last month we still continue to see more job strength in certain industries out there, though it was again prevalent this month. hospitality and leisure gaining jobs, construction all gaining jobs but financial services lost jobs, professional and business services lost jobs now, all told the numbers are suggesting what could be the beginning of a bigger economic slowdown now to be fair a number of economists and analysts and experts are been calling for more market slow down or recession in the u.s. for a while, and that's yet to
The soaring cost of living, stagnant wages and high real estate prices are being blamed for the record number of people who left Ontario in the last 12 months, most of them seeking greener pastures in Alberta and Atlantic Canada.