The Tale of AI and the White-Collar Job This week's newsletter is about two seemingly contradictory stats. Read the news and find that AI is gutting white-collar work. Read the monthly jobs report from the Bureau of Labor Statistics and find that the unemployment rate has barely moved. Both come from real data, and both are right. The contradiction resolves once you stop looking at the top-line number. The unemployment rate holds because losses and gains are canceling out. Routine, entry-level roles have been thinning out. But the roles that reward discernment, judgment, and expertise are growing fast enough to absorb the difference. This issue follows the story in three ways: what the big layoff numbers actually signal, why some of those same companies are already rehiring, and how entry-level roles are being rewritten. | 
