AI, work and education

AI was supposed to hit new grads hard. So far, unemployment data says otherwise

A new CESifo working paper by economists Robert Fairlie and Jane Wu challenges prior studies, finding no evidence of significant displacement or reduced hiring among recent college graduates in AI-impacted occupations.

Why it matters: Current economic data shows differing conclusions regarding entry-level hiring displacement from AI adoption.

• Keep watching Monitor upcoming employment datasets before altering hiring strategies.