Finwealth Global
  • Login
  • Home
  • Business
  • Crypto
  • Market
  • India
  • Stock
  • World
No Result
View All Result
  • Home
  • Business
  • Crypto
  • Market
  • India
  • Stock
  • World
No Result
View All Result
Finwealth Global
No Result
View All Result
  • Home
  • Stock
  • World
  • India
  • Market
  • Crypto
  • Business
  • Contact Us
Home Opinion

Millions of Americans see careers vanish with AI rise

2 days ago
in Opinion
0
Alarm Bells Ring as Top Companies Axe Thousands of Jobs
152
SHARES
1.9k
VIEWS
Share on Whatsapp

United States is beginning to see heavy job losses in occupations most exposed to artificial intelligence. According to the Bureau of Labor Statistics, nearly 10 million jobs across 18 categories flagged as AI‑sensitive are shrinking even as overall employment continues to grow.

Between May 2024 and May 2025, employment in these roles fell by 0.2% while total jobs in the economy rose by 0.8%. Excluding medical secretaries, the decline was sharper at 1.6% for two years in a row. Customer service representatives lost more than 130,000 positions, a fall of 4.8%. Secretaries and administrative assistants outside medical, legal and executive fields shed over 31,000 jobs, down 1.8%. Sales representatives in wholesale and manufacturing lost nearly 29,000 jobs, a drop of 2.3%.

Since May 2022, when ChatGPT was launched, some roles have seen dramatic declines. Credit authorizers and clerks fell by more than 26%, broadcast announcers and disc jockeys dropped by 20%, and sales engineers shrank by 13%.

Economists at Goldman Sachs note that jobs highly exposed to AI substitution now have openings below pre‑pandemic levels. Healthcare‑linked roles remain resilient due to sector growth. Experts warn that policymakers and businesses must focus on reskilling workers as AI adoption accelerates structural change in the labour market.

Tags: Jobs

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

China’s housing crash drops Real-estate to 2005 levels

China’s housing crash drops Real-estate to 2005 levels

May 18, 2026
Reliance Industries, Tata Motors, Coal India Hit 52-Week Low

India worst performer among Global Stock Markets

May 18, 2026

MOST VIEWED

  • Japanese Firm to Acquire Yes Bank

    Japanese Firm to Acquire Yes Bank

    1258 shares
    Share 503 Tweet 315
  • SEBI Bans Short Selling in non‑F&O shares from 22 december 2025

    1179 shares
    Share 472 Tweet 295
  • GQG Acquires Adani Enterprises, Adani Ports, Adani Green, and Adani Transmission Shares Valued at Rs 26,000 Crores

    834 shares
    Share 334 Tweet 209
  • Mumbai Investor Loses Rs 9.94 cr in Fake Anand Rathi Trading App

    685 shares
    Share 274 Tweet 171
  • SEBI Raids Quant Mutual Fund on Front-Running Suspicion

    522 shares
    Share 209 Tweet 131

Finwealth is a pioneering financial powerhouse that empowers individuals to achieve success through expert guidance and tailored solutions. 

  • Business
  • Crypto
  • Markets
  • India
  • World
  • Stocks

Subscribe to Updates

Get the latest creative news from footbar about art, design and business

© 2024 Unicorn Finwealth Global Private Limited

  • Privacy Policy
  • GDPR
  • Contact Us

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Stock
  • World
  • India
  • Market
  • Crypto
  • Business
  • Contact Us

© 2024 Unicorn Finwealth Global Private Limited

Go to mobile version