Goldman Sachs forecasts AI reduces U.S. monthly job growth

12 articles · Updated · tradingkey.com · Apr 27

Goldman Sachs estimates artificial intelligence cut U.S. monthly job additions by about 16,000 last year and increased unemployment by 0.1 percentage points, with younger workers most affected.
The report highlights that AI's negative employment impact is concentrated in repetitive roles, while AI-enhanced positions and new industries may offset losses through productivity gains and job creation.
Goldman Sachs notes that, similar to past technological revolutions, AI will restructure the labor market, with roles requiring complex, on-site, or collaborative tasks proving more resilient to automation.

As AI creates high-skill jobs, is it closing the door on careers for the young and inexperienced?

Will the boom in 'new-collar' jobs be enough to offset the white-collar roles AI makes obsolete?

If AI boosts productivity, will gains benefit everyone or just a handful of tech elites?

Beyond retraining, how can we address the mental health impact on a workforce facing AI obsolescence?

Are universities preparing students for jobs that will still exist after graduation?