Low layoff rates defy AI jobs domination fears

Low layoff rates defy AI jobs domination fears

Data: Department of Labor; Chart: Neil Irwin/AxiosThe last time this few Americans were filing for unemployment benefits, Creedence Clearwater Revival topped the music charts, while "Butch Cassidy and the Sundance Kid" was the star of the box office.Driving the news: Only 187,000 people filed new claims for unemployment insurance benefits last week, pointing to an astoundingly low level of firings across the economy. It was the lowest since September 1969.The labor force was much smaller then, t...

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