AI Driving Decline in Entry-Level Hiring, Survey Finds
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AI could be suppressing wages for young workers
Growing AI adoption has slowed the hiring of young workers in software development and customer service jobs, and recent data suggests it could also be exerting pressure on entry-level wages, according industry experts. “For software developers, there’s been about a 20% decline for entry-level people aged 22 to 26,” said Erik Brynjolfsson, director of the Stanford Digital Economy Lab. “For call centers, [there’s been] about a 15% relative declin…
AI Driving Decline in Entry-Level Hiring, Survey Finds
KIRKLAND, Wash. – New findings from a recently released survey of nearly 1,000 U.S. business leaders found that 21% of companies have already frozen entry-level hiring because of artificial intelligence. By the end of 2026, 36% say they will have stopped hiring entry-level workers. And by 2027, nearly half (47%) expect entry-level hiring to be […] The post AI Driving Decline in Entry-Level Hiring, Survey Finds appeared first on Business Journal…
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