Cornering The Job Market · 2026-02-02 · 12 min
No January jobs report. Rising layoffs. And a growing narrative that AI isn’t really behind the cuts. In today’s episode of Cornering the Job Market, host Pete Newsome tackles a wave of skepticism around AI’s role in the labor market and why dismissing it now could leave workers unprepared for what’s next. Pete starts with the delay of the Bureau of Labor Statistics January report due to the government shutdown, removing a key data point at a moment when everyone is debating whether the job market is strengthening or slipping. With no federal numbers, attention turns to private data and headlines from companies like Amazon, UPS, Dow, and Pinterest announcing cuts. Then Pete unpacks a New York Times argument that many companies may be “AI washing,” using AI as a convenient explanation for layoffs driven by other economic pressures. He explains why that framing may miss the bigger picture: companies aren’t cutting because AI has fully replaced jobs yet, but because they’re positioning for a future where it will. Investment is shifting from payroll to AI infrastructure, signaling where leadership believes work is headed.
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