Bloomberg Economics Says AI-Exposed UK Vacancies Rose Since Summer 2024

1 articles · Updated · Bloomberg · Jun 16

AI has not yet had a major effect on Britain’s labor market, Bloomberg Economics said, challenging claims that the technology is driving white-collar job losses.
Vacancies in AI-exposed occupations were already declining before ChatGPT launched in late 2022, suggesting the weakness predated the current AI boom.
Those openings fell further immediately after ChatGPT’s release but have risen again since summer 2024, weakening the case that AI is the main force behind the drop.
The analysis points to broader labor-market pressures rather than artificial intelligence as the clearer explanation for Britain’s hiring slowdown.