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Jobs, ChatGPT, and Barbie (Podcast)

Bloomberg Intelligence

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The Decline in Weekly Hours Work

Average pay is a really interesting issue and the reason is because it figures in salary and hourly. We're seeing companies toe the line and say, we're not going to screw up our whole salary structure. But we're seeing also a decline to your point in weekly hours worked. The interesting thing is on the white collar jobs where people were getting counter offers from their employer when they leave for huge amounts to get them to stay, we are not seeing that as much anymore.

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