Market videos

Patrick Kellenberger says technology go-to-market hiring has picked up sharply, but employers still take longer to commit and often choose part-time or consulting roles. In the Schwab Network interview, the headline unemployment rate is 4.1% while broader underemployment is 7.9%. He links the gap to companies meeting today’s capacity needs while reassessing what AI can do, and expects the heavier use of temporary staff to be temporary. He argues inflation will remain more important to Fed decisions than one strong jobs report.