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Goldman Sachs uncovers troubling pattern behind AI and tech job losses

Goldman
New York Post Fews App News Provider
Fews App Post Time Hace 3h

Workers displaced by artificial intelligence and other tech take longer to find new jobs — and when they do, they’re stuck earning less for years, a new study found. People hit by tech-driven layoffs spend roughly a month out of work and suffer pay cuts of more than 3% on averge when they land new roles — losses that compound over time, according to researchers at Goldman Sachs. Laid-off workers who lost jobs due to tech see earnings growth lag by nearly 10 percentage points compared to those who were never laid off — a pattern Goldman warns could repeat as AI reshapes the labor market.

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