The deterioration in the entry-level jobs market has sparked concerns that an “AI jobpocalypse” is upon us. While AI is a contributing factor – especially in some specialised fields like software programming –we believe it is not the primary driver. This does not rule out some temporary disruption in the labour market further ahead. But if AI adoption by firms outside the tech sector remains gradual, this could be limited. Should any major near-term labour market turbulence occur, it is most likely to be in the US.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services