Goldman Sachs Report Shows Entry-Level Workers Feel Worst of AI Squeeze

Entry-level workers are taking the sharpest hit from artificial intelligence (AI), according to Goldman Sachs. The bank tracked hiring across developed economies and found the drag concentrated at the start of careers.

The bank published the research on Wednesday after examining employment growth across more than 800 occupations.  Where AI Job Losses Show Up First Industries most exposed to automation have posted slower growth in job openings since the second half of 2022.

Goldman said the pattern is clearest in Germany, Australia, and the US. Employment across information and communication services has cooled in almost every major developed economy over the same period.

Outside the US, headcount in those industries still sits near or above its long-run trend. Narrower categories tell a sharper story.