{"id":20414,"date":"2025-09-08T11:16:14","date_gmt":"2025-09-08T11:16:14","guid":{"rendered":"https:\/\/finderica.com\/?p=20414"},"modified":"2025-09-08T11:16:14","modified_gmt":"2025-09-08T11:16:14","slug":"ais-workforce-impact-is-small-but-its-not-zero-economist-says","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=20414","title":{"rendered":"AI&#8217;s workforce impact is \u2018small,&#8217; but it\u2019s not \u2018zero,\u2019 economist says"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-108194398\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>BartekSzewczyk | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>While artificial intelligence has caused turbulence in the labor market, the recent decline in job opportunities has more to do with economic uncertainty, experts say.<\/p>\n<p>&#8220;As we look across the broader labor market, we see that AI&#8217;s impact on the labor market has still been fairly small,&#8221; said Cory Stahle, a senior economist at Indeed, a job search site.\u00a0<\/p>\n<p>&#8220;The important asterisk is that that doesn&#8217;t mean that it has been zero,&#8221; he said.\u00a0<\/p>\n<p>Mandi Woodruff-Santos, a career coach, agrees: &#8220;I don&#8217;t think AI is to blame, I think the economic uncertainty is to blame.&#8221;<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\"><a id=\"headline0\"><\/a>The state of the job market<\/h2>\n<div class=\"group\">\n<p>The job market has not been good in recent months, whether you&#8217;re looking for a job or currently employed.<\/p>\n<p>The U.S. economy added about 22,000 jobs for the month of August, while the unemployment rate rose to 4.3%, <a href=\"https:\/\/www.bls.gov\/news.release\/empsit.nr0.htm\" target=\"_blank\" rel=\"noopener\">according <\/a>to a Bureau of Labor Statistics report on Friday. Economists surveyed by Dow Jones had been looking for payrolls to rise by 75,000.<\/p>\n<\/div>\n<div class=\"group\">\n<p>Of those who are still employed, some are &#8220;job hugging,&#8221; or &#8220;holding onto their job for dear life,&#8221; according to an <a href=\"https:\/\/www.kornferry.com\/insights\/this-week-in-leadership\/job-hugging-for-dear-life?utm_source=marketo&amp;amp;amp;utm_medium=em&amp;amp;amp;utm_campaign=25-08-gbl-brand-twil&amp;amp;amp;mkt_tok=MjUxLU9MUi05NTgAAAGcR8nB5NktuihwVkAzB_XdcAZSv2RxS4q0VGrou11Qwu0uelUrzhGIfpoa2avvN-SWPJsBtcRQdchG5PH4SFNnM1agf-n6p-MaFkOf0fRibPg4\" target=\"_blank\" rel=\"noopener\">August report<\/a> by Korn Ferry, an organizational consulting firm.<\/p>\n<p>But others are &#8220;quiet cracking,&#8221; which is a &#8220;persistent feeling of workplace unhappiness that leads to disengagement, poor performance, and an increased desire to quit,&#8221; <a href=\"https:\/\/www.talentlms.com\/research\/quiet-cracking-workplace-survey\" target=\"_blank\" rel=\"noopener\">according to<\/a> cloud learning platform TalentLMS.<\/p>\n<p>Growing economic uncertainty has kept workers from quitting their jobs and has led businesses to slow down hiring decisions, experts say.<\/p>\n<p>&#8220;No business knows what the heck the Trump administration is going to do next with the economy,&#8221; said Woodruff-Santos. <\/p>\n<p>&#8220;And in this kind of economic climate, companies are not sure of anything, and so they&#8217;re being very conservative with the way that they&#8217;re hiring,&#8221; she said.<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\"><a id=\"headline1\"><\/a>How artificial intelligence is impacting the labor force<\/h2>\n<div class=\"group\">\n<p>While some companies have announced layoffs to pursue AI technologies in their organizations, most of the impact has been isolated in the tech industry, said Indeed&#8217;s Stahle.\u00a0<\/p>\n<p>Most recently, Salesforce CEO Marc Benioff said the company laid off about 4,000 customer support roles, due to advancements in the company&#8217;s use of artificial intelligence software.<\/p>\n<p>Other studies show that AI has mostly affected younger workers rather than mid-career employees.\u00a0<\/p>\n<p>An August <a href=\"https:\/\/digitaleconomy.stanford.edu\/publications\/canaries-in-the-coal-mine\/\" target=\"_blank\" rel=\"noopener\">report <\/a>by Stanford University professors found that early-career workers (ages 22 to 25) in the most AI-exposed occupations experienced a 13% decline in employment. On the flip side, employment for workers in less-exposed fields and more experienced workers in the same occupations has either stayed the same or grown.<\/p>\n<p>The study also found that employment declines are concentrated in occupations &#8220;where AI is more likely to automate rather than augment human labor.&#8221;\u00a0<\/p>\n<p><strong>More from Personal Finance:<\/strong><br \/>Why coffee prices are so high<br \/>Record numbers of retirement savers are now 401(k) or IRA millionaires<br \/>68 jobs may qualify for Trump&#8217;s $25,000 &#8216;no tax on tips&#8217; deduction<\/p>\n<p>Yet, the tech industry itself is not a large sector, said Stahle. <a href=\"https:\/\/lecbyo.files.cmp.optimizely.com\/download\/808ea63053b111f08b6ca695fc160b1a\" target=\"_blank\" rel=\"noopener\">According <\/a>to a March 2025 analysis by non-profit trade association CompTIA, or the Computing Technology Industry Association, &#8220;net tech employment&#8221; made up about 5.8% of the overall workforce.<\/p>\n<p>Net-tech employment is a designation that represents all those employed in the industry, including workers in technical positions such as cybersecurity and business professionals employed by technology companies, as well as full-time and self-employed technology workers.<\/p>\n<p>For AI-driven layoffs to be considered a broad threat to the job market, the technology needs to start impacting other sectors, such as retail and marketing, said Stahle.<\/p>\n<\/div>\n<h2 class=\"ArticleBody-subtitle\"><a id=\"headline2\"><\/a>&#8216;We&#8217;re seeing more and more demand for AI skills&#8217;<\/h2>\n<div class=\"group\">\n<p>Some predictions on AI&#8217;s workforce impact argue that employers may be more likely to retrain workers rather than lay them off, <a href=\"https:\/\/www.brookings.edu\/articles\/to-prepare-young-people-for-the-ai-workplace-focus-on-the-fundamentals\/\" target=\"_blank\" rel=\"noopener\">according <\/a>to a new report by the Brookings Institute, a public policy think tank.<\/p>\n<p>&#8220;AI may be more likely to augment rather than fully replace human workers,&#8221; the authors wrote.<\/p>\n<p>In fact, &#8220;we&#8217;re seeing more and more demand for AI skills,&#8221; said Stahle.<\/p>\n<\/div>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108194842\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108194842\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000387880\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>If you have the opportunity, experts say, it&#8217;s smart to learn how your field and employer are using AI.\u00a0<\/p>\n<p>&#8220;You&#8217;d be foolish not to do the research into your own field,&#8221; and understand how AI can be a tool in your industry, said Woodruff-Santos.\u00a0<\/p>\n<p>Look for training programs or webinars where you can participate or free trials of AI tools you can use, she said.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/09\/08\/ai-artificial-intelligence-workforce-impact.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>BartekSzewczyk | Getty Images While artificial intelligence has caused turbulence in the labor market, the recent decline in job opportunities has more to do with economic uncertainty, experts say. &#8220;As we look across the broader labor market, we see that AI&#8217;s impact on the labor market has still been fairly small,&#8221; said Cory Stahle, a<\/p>\n","protected":false},"author":1,"featured_media":20415,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[8048,5004,1154,984,3072],"class_list":{"0":"post-20414","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-ais","9":"tag-economist","10":"tag-impact","11":"tag-small","12":"tag-workforce"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/20414","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20414"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/20414\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/20415"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20414"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20414"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20414"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}