Unemployment for 20- to 30-year-olds in the tech sector has increased 3% since the beginning of the year, Goldman Sachs senior economist Joseph Briggs said.
AI is driving mass layoffs in tech, but it’s boosting salaries by $18,000 a year everywhere else, study says
BY NINO PAOLI AND NICK LICHTENBERG
July 27, 2025
Apollo’s chief economist warns the AI bubble is even worse than the 1999 dot-com bubble
July 17, 2025
AI is becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, according…
"We're notoriously undersupplied in our housing market. Does that mean it's going to be even more difficult for us to build…
Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year,…
They want to be in the office, and they dream of the death of the nine-to-five. They also want real mentorship—on their terms.
Labor market intelligence firm Lightcast also found that so-called "human" skills such as communication and complex…
The looming danger, Goldman says, is when Amazon, Alphabet, Amazon, Meta, Microsoft, and Oracle decide to reduce their capex.
