Is the Labor Market About to Tip Us Into Recession?
4/17/20261 hr 11 min
Ed Elson and Scott Galloway are joined by Kathryn Anne Edwards to break down the cracks in the labor market and unpack whether more layoffs are on the horizon. They discuss how shifting immigration trends are reshaping the jobs market and why AI is only one factor behind the challenges young workers are facing. Kathryn Anne Edwards is a PhD economist and economic policy consultant. She writes a weekly column on the economy for Bloomberg and is the host of the Optimist Economy podcast. Get your tickets to the Prof G Markets tour Subscribe to the Prof G Markets Youtube Channel Check out our latest Prof G Markets newsletter Follow Prof G Markets on Instagram Follow Ed on Instagram, X and Substack Follow Scott on Instagram Send us your questions or comments by emailing Markets@profgmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices
Clips
Showing 10 of 12Transcript preview
First 90 secondsScott Galloway· Host0:00
[instrumental music] Support for this show comes from Virgin Atlantic. A lot of people dread flying. I've been on some bad flights, and I've been on some truly miserable flights, but it's a whole different story when an airline shows up for you and the crew treats you like a VIP. Virgin Atlantic offers warm, one-on-one service from the moment you step on board. Its upper class cabin features four-course meals, fully lay flat seats, and drinks delivered on demand. Make the journey as exceptional as the destination when you fly Virgin Atlantic. Go to virginatlantic.com to learn more.
Speaker 10:29
[instrumental music] Breaking news, the world is a mess, and it seems like it's just getting worse. So how do you find a way to move forward?
Speaker 2· Soundbite0:42
Being hopeful acknowledges and embraces that things are difficult and asks, where can we go from here?
Speaker 10:47
Why our future depends on our ability to hope. That's this week on Explain It to Me, new episodes wherever you get your podcasts.
Scott Galloway· Host0:57
[upbeat music] Today is number 13. That's the percentage of US adults who believe Bigfoot is real. Ed, what do they call Bigfoot in Europe?
Ed Elson· Host1:09
I don't know.
Scott Galloway· Host1:09
Bigmeter. [laughs] People, some people have been complaining about how pornographic my jokes are, so I'm gonna- [laughs] ... I'm gonna get them to beg for the dirty jokes, which is bad dad jokes.
Ed Elson· Host1:20
I like that. I think that's a good idea.
Scott Galloway· Host1:22
How does Bigfoot tell time?
Ed Elson· Host1:23
How?
Scott Galloway· Host1:24
He's got a Sasquatch.
Speaker 4· Soundbite1:25
[laughs] [upbeat music] Listen to me. Markets are