Overview
- The proposed AI-Related Job Impacts Clarity Act would require major companies and federal agencies to file quarterly reports to the Labor Department on AI-linked layoffs, job displacements, hires credited to AI, retraining, and positions left unfilled due to automation.
- The Department of Labor would compile the submissions in consultation with the Office of Management and Budget and the Office of Personnel Management and publish findings on the Bureau of Labor Statistics website.
- The Labor secretary would have flexibility to revise an existing survey or partner with the Census Bureau to collect the required disclosures.
- Treasury and the Securities and Exchange Commission would consult with the Labor Department on potential reporting regulations for private firms.
- The legislation was announced by Senators Josh Hawley and Mark Warner and remains a proposal with implementation details and next steps to be determined.