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Employment jumps; AI means you can’t protect every job: PM; The new big short (opens original article in a new tab)

TL;DR

Employment improves as jobless rate drops to 4.4 per cent, while PM acknowledges AI's impact on job security and a new financial bet against private credit.

  • Jobless rate falls to 4.4 per cent
  • PM says AI makes it impossible to protect every job
  • New big short against private credit cockroaches

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