Martha Gimbel on the Impact of AI and the Trade War on Labor Markets

Martha Gimbel is the executive director and co-founder of the Budget Lab at Yale. In Martha's first appearance on the show, she discusses the missing BLS job market data, the consequences of losing two months of labor market data, the impact of AI on the labor market in the short and long term, why it is hard to determine which job sectors AI will impact first, why people will keep learning foreign languages, the future impact tariffs will have on the economy, why US treasuries might get left for the hometown guy in a Hallmark Christmas movie, and much more.


Check out the transcript (https://www.mercatus.org/macro-musing...) for this week's episode, now with links.


Recorded on November 19th, 2025


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Timestamps


00:00:00 - Intro


00:01:48 - The Budget Lab at Yale


00:05:34 - Missing Government Data


00:14:21 - Artificial Intelligence


00:44:49 - Trade Wars


00:54:51 - Outro