Overview

• Over 10,000 U.S. positions were cut in the first seven months of 2025 directly due to generative AI, ranking it among the top causes of workforce reductions this year.
• Entry-level corporate job postings have declined 15% year-over-year, contributing to a 6% unemployment rate for recent college graduates.
• Oxford Economics estimates that 85% of the recent rise in unemployment reflects new labor market entrants struggling to secure roles rather than widespread eliminations.
• Corporate leaders are citing rising revenue-per-employee targets to justify headcount reductions and reinvest payroll savings into AI development.
• Goldman Sachs and JP Morgan economists report only modest AI impacts on current employment but caution that a future recession could trigger larger displacement.