Powell says AI may be hurting entry-level jobs: 'Hard to say how big it is'

Source: Business Insider

Federal Reserve Chair Jerome Powell said AI is probably having some effect on the entry-level job market. Yasin Ozturk/Anadolu via Getty ImagesJerome Powell said AI is likely affecting the job market, particularly for recent college graduates. The Fed chair also said that job creation in general has slowed down.