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While millions of Gen Z workers face unemployment in the white-collar AI “job apocalypse,” older and more experienced workers are faring well, according to new research from the Federal Reserve Bank of Dallas.
"There are always hurdles but that's what's nice about Twig's being a family business; we come together, share ideas, and see how we can overcome them."
Walker observed a modest but rising share of management teams explicitly mentioning AI when discussing hiring freezes or layoffs. The companies that discussed AI in the context of their workforce reduced their job openings by 12% over the past year, a steeper drop than the 8% reduction seen across all companies. While the current correlation between AI adoption and broad labor market outcomes remains small and statistically insignificant, Goldman’s baseline forecast is that 6% to 7% of workers—roughly 11 million jobs—will eventually be displaced by AI automation over the long term.