{"id":187335,"date":"2025-11-18T15:47:12","date_gmt":"2025-11-18T15:47:12","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/187335\/"},"modified":"2025-11-18T15:47:12","modified_gmt":"2025-11-18T15:47:12","slug":"us-jobs-views-hiring-slowdown-as-temporary","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/187335\/","title":{"rendered":"US jobs &#038; AI: Donald Trump adviser blames AI-led efficiency for labour market &#8216;quiet time&#8217;; views hiring slowdown as temporary"},"content":{"rendered":"<p> <img src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/11\/untitled-design-13.jpg\" alt=\"US jobs &amp; AI: Donald Trump adviser blames AI-led efficiency for labour market 'quiet time'; views hiring slowdown as temporary\" title=\"File photo: Senior Trump administration economic adviser Kevin Hassett (Picture credit: AP)\" decoding=\"async\" fetchpriority=\"high\"\/>File photo: Senior Trump administration economic adviser Kevin Hassett (Picture credit: AP) Artificial intelligence could be boosting worker productivity to a level where companies feel less pressure to hire, senior Trump administration economic adviser Kevin Hassett said on Monday. Speaking on CNBC\u2019s Squawk Box, the National Economic Council director said he has noticed \u201cmixed signals in the job market\u201d but \u201creally, really positive signals in the output markets,\u201d as per CNBC.<\/p>\n<p>AI\u2019s impact on hiring and productivity<\/p>\n<p>Hassett pointed to strong US GDP growth in the second quarter of 2025 and suggested that firms may be experiencing a \u201cquiet time in the labour market\u201d because AI is making staff significantly more efficient. According to CNBC, he said companies may feel they \u201cdon\u2019t necessarily have to hire the new kids out of college and so on.\u201dHowever, Hassett stressed that any AI-driven cooling in the job market would likely be short-lived. He explained that rapid output and income growth would allow the free market to \u201cwork out\u201d these imbalances as new spending avenues emerge.<\/p>\n<p>Trump administration\u2019s stance and recent AI debate<\/p>\n<p>While concerns about AI replacing entry-level roles are not new, they are rarely voiced by the Trump administration, which has strongly promoted the technology, reported CNBC. President Donald Trump has issued several executive orders aimed at reducing regulatory hurdles and expanding AI infrastructure such as data centres.Earlier this month, Trump\u2019s AI and cryptocurrency \u201cczar\u201d David Sacks said there would be \u201cno federal bailout for AI.\u201d His comment followed OpenAI CFO Sarah Friar\u2019s call for a federal \u201cbackstop\u201d to support infrastructure investments, which she later walked back, reported CNBC.<\/p>\n<p>Affordability concerns and grocery price debate<\/p>\n<p>Hassett\u2019s remarks also come as Trump and his allies try to shift attention to affordability after Democrats gained ground by focusing on cost-of-living issues, according to CNBC. He acknowledged that grocery prices have not fallen during Trump\u2019s second term, despite the president\u2019s claims. Hassett said Americans are still \u201ctrying to dig out from the big hole that was dug by the previous administration\u2019s policies,\u201d though he argued that prices have \u201cgone up almost not at all\u201d since Trump returned to office and that \u201cpurchasing power has gone up.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"File photo: Senior Trump administration economic adviser Kevin Hassett (Picture credit: AP) Artificial intelligence could be boosting worker&hellip;\n","protected":false},"author":2,"featured_media":187336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[105139,291,105138,289,290,105140,18,19,17,80151,19217,105141,82,1787,56689,89268],"class_list":{"0":"post-187335","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-affordability-concerns","9":"tag-ai","10":"tag-ai-impact-on-hiring","11":"tag-artificial-intelligence","12":"tag-artificialintelligence","13":"tag-cost-of-living-issues","14":"tag-eire","15":"tag-ie","16":"tag-ireland","17":"tag-job-market-trends","18":"tag-kevin-hassett","19":"tag-openai-cfo-sarah-friar","20":"tag-technology","21":"tag-trump-administration","22":"tag-us-gdp-growth","23":"tag-worker-productivity"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115571487317057132","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/187335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=187335"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/187335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/187336"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=187335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=187335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=187335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}