Goldman Sachs Warns AI Layoffs Leave Lasting Scars

Workers losing jobs to artificial intelligence since twenty twenty-five take about a month longer to find new work than other displaced people. Goldman Sachs found these individuals are also ten percentage points more likely to stay unemployed a year later. Older workers take the hardest hit. Those thirty-five and older spend about five weeks longer getting back to full-time roles than their younger peers. Employers blamed artificial intelligence for one hundred twenty thousand one hundred thirty-six job cuts through September. Past technology waves show these workers face permanently slower wage growth and higher odds of future unemployment. Only forty-nine percent of long-tenured workers who lost jobs from twenty twenty-three to twenty twenty-five earned as much upon return, down from sixty-two percent in the prior survey.