The Digital Press

Artificial intelligence is contributing to significant job losses in the U.S., with over 10,000 jobs cut in July alone due to AI adoption amid broader economic challenges. The technology sector and entry-level positions for younger workers are especially impacted as companies prioritize AI tools over new hires.

Why it matters: AI is reshaping the workforce, accelerating job cuts, and changing hiring practices, especially for younger and white-collar workers.

The big picture: Economic uncertainty, tariffs, and government budget cuts compound AI's impact, driving widespread layoffs beyond technology alone.

Stunning stat: More than 27,000 job cuts have been directly linked to AI since 2023, with retail layoffs up nearly 250% year-over-year.

Commenters say: Some argue AI hasn’t directly caused layoffs but has frozen hiring, causing job market stagnation rather than outright cuts.