Artificial intelligence (AI) has already become a disruptor in the labor market, as job postings declined over the past year by 6.7% YoY, with entry-level positions especially hard-hit. Job posting in the tech sector are down 36% as compared to pre-pandemic numbers.
The former is a cause / effect as a consequence of the use of AI but is also a cause by tariffs, government change, foreign policy and inflation. Those entering the job force are more affected because these are more junior / support roles as opposed to those in decision making roles.
The latter has to do with over-hiring in the sector during the over-hiring that occurred in 2021-2022.
In all events, you need to ramp up networking to find the what you are looking for. It is the best way to find jobs, postings not withstanding!
Source: CBS Sunday Morning
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