Goldman Sachs: AI's Hiring Drag Is Now Visible in the Data — and Hits Entry-Level Workers Hardest
Goldman Sachs' cross-country analysis finds AI exposure carries roughly 3x the employment drag for entry-level workers versus the broader labor market, with call-center roles down as much as 39% below trend in the US. The effect is concentrated in a narrow band of industries — IT services, publishing, computer programming — and shows up mainly as suppressed hiring rather than layoffs, consistent across the US, Germany, Australia and Canada.
Why it matters
Read at CNBC Organizational leaders should treat entry-level pipeline erosion as a structural planning problem, not a cyclical blip, since the mechanism (reduced hiring, not firing) won't show up in layoff headlines.
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