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.

Gen Z job applicants are facing headwinds when entering the job market due to AI.

Unemployment rates among tech workers between 20 and 30 years old jumped by 3 percentage points since the start of this year, said Goldman Sachs' Joseph Briggs.

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 becoming a major driver of workforce reductions, with over 10,000 job cuts in 2025 directly linked to automation, according to new data.