Deutsche Bank puts the UK top for AI labour disruption
A 30-country analysis names Britain as the major economy most exposed to AI, citing a large share of affected roles and heavy reliance on services exports.
24 articles tagged Labour Market
A 30-country analysis names Britain as the major economy most exposed to AI, citing a large share of affected roles and heavy reliance on services exports.
LSE economists find UK productivity growth of 1.6% since late 2024, but the tax records behind it show employment falling where official figures show a rise.
Global youth unemployment reached 12.4% last year, and the UN labour agency now estimates 6.1% of jobs held by 15-to-29-year-olds sit in the roles most exposed to AI.
ONS data shows just under 7% of medium-sized adopters cut headcount, while US research finds employment in highly AI-exposed occupations has stayed stable.
Hedge fund Bridgewater says constrained computing capacity and patchy adoption will keep AI-driven job displacement low in the near term.
OpenAI CEO told a Sydney audience he was 'pretty wrong' on AI's social and economic impact and now sees human interaction as a meaningful barrier to job replacement.
Average time to fill an AI role in UK financial services has nearly doubled to nine months, with firms paying a 49% salary premium for candidates, AWS data shows.
Skilled workers over 50 are turning to AI data annotation after struggling to find work in their fields, taking steep pay cuts to train the systems replacing them.
Microsoft, Amazon, Block and Oracle have cut tens of thousands of jobs in the last year, blaming AI — but researchers say much of it may be 'AI-washing'.
Despite headlines about mass unemployment, labour market data shows limited AI impact so far, with technology historically creating more jobs than it destroys.
Despite fears about job losses, unemployment rates in the UK, EU and US remain at historic lows. Here's why AI creates new work even as it automates existing roles.
FT investigation reveals law firm salaries climbing despite AI adoption, as automation frees juniors for higher-value work rather than eliminating roles.
Research reveals AI-generated applications and job postings destroying signalling mechanisms in recruitment, making hiring less meritocratic whilst increasing time waste for all parties.
James Reed discusses AI's impact on recruitment, warning of job losses whilst developing AI agents for candidate matching, as UK vacancies fall for 39th consecutive quarter.