Unemployment filings hit a 55-year low

Sounds rosy, right? Not if you’re long-term unemployed, underemployed, or a new grad. In this episode, the labor market’s low-hire, low-fire status quo reaches a new extreme. Plus: States sue over new Medicaid work requirement protocols, Uber lays off a tenth of its customer service workers with plans to replace them with AI chatbots, and a family travel boom reshapes luxury resorts.

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Read the stories in today’s episode:

• It's still a tight job market, despite record-low initial unemployment claims
• As yields on Treasury notes rise, the bond market is changing
• States sound alarm over new Medicaid work requirement rule
• An AI customer service agent will take your call now
• The life of a Hollywood freelancer
• Families are crashing honeymoon hot spots