Has AI caused the jobs recession? - UnHerd
Young people have always struggled to find work. During the Great Depression, they stood first in the breadlines. In the Seventies, youth unemployment hit 18% in many countries. After the 2008 financial crisis, it doubled in places such as Spain and Greece. But each time, the economy recovered and young workers eventually found jobs. This time might be different. Britain’s unemployment rate, according to figures released this week by the Office for National Statistics, is at its highest in four years. We are in a jobs recession. And it appears that young people are being disproportionately affected. Since ChatGPT was released in November 2022, entry-level jobs have dropped by one third — a development for which large language models have been blamed. Companies are increasingly replacing junior workers with AI that can write code, analyse data, and handle customer service. The first rungs on the white-collar ladder — research assistant, junior analyst and so on — are disappearing. Previ
Has AI caused the jobs recession? Previous unemployment crises were temporary Artisan has marketed AI agents as superior to human employees. (Credit: Justin Sullivan/Getty) Artisan has marketed AI agents as superior to human employees. (Credit: Justin Sullivan/Getty) diverse Employment Jobs Law Society Technology Prefer us on Google Jason Hausenloy and Nicholas Kruus Jul 18 2025 - 12:00am 6 mins Young people have always struggled to find work. During the Great Depression, they stood first in the breadlines . In the Seventies, youth unemployment hit 18% in many countries. After the 2008 financi
Explore this link on the map →related reading
- My Last Five Years of Workpalladiummag.com
- THE 2028 GLOBAL INTELLIGENCE CRISIScitriniresearch.com
- Betting On Humans - by Anton Leicht and Dean W. Ballwriting.antonleicht.me
- Labor market impacts of AI: A new measure and early evidence \ Anthropicanthropic.com
- The Old World Is Dying - by Jasmine Sunjasmi.news
- Notes on AI, Labor, and China - by Jasmine Sunjasmi.news
- A New Year’s letter to a young person - by Luis Garicanosiliconcontinent.com
- What 81,000 people want from AI \ Anthropicanthropic.com
- Pyramid Replacement - The Intelligence Curseintelligence-curse.ai
- America Isn’t Ready for What AI Will Do to Jobs - The Atlantictheatlantic.com
- How not to lose your job to AI | 80,000 Hours80000hours.org
- 42 notes on AI & work - by Jasmine Sunjasmi.news