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Schwab Network

AI's Effect on the Labor Market, Tech Transitions & Fed's Interest Rate Outlook

8 min5 juni 2026

Yerbol Orynbayev, former governor of the World bank, discusses the labor market and current overall economy. He says the health sector currently has strong demand as AI technology changes hiring in that industry and others. Yerbol calls the current labor market highly unusual because of the transitions tech changes are creating. He also discusses the how it all affects the Fed's road ahead.


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