Technology

AI does not yet cause a widespread drop in employment, but it makes it difficult for young people to enter, says OECD

Artificial Intelligence at work: how much does it help or hinder? Reproduction/Freepik Artificial intelligence is not causing a "generalized drop" in employment in Organization for Economic Co-operation and Development...

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AI does not yet cause a widespread drop in employment, but it makes it difficult for young people to enter, says OECD
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Artificial Intelligence at work: how much does it help or hinder? Reproduction/Freepik Artificial intelligence is not causing a "generalized drop" in employment in Organization for Economic Co-operation and Development (OECD) countries, where the unemployment rate remains close to its historic low. The information comes from the report on employment prospects for 2026 published by the organization. ?? Do you have any reporting suggestions? Send to g1 "The unemployment rate in the OECD area is at 4.9%, a level close to its historic low of 4.8% recorded in June 2023. Furthermore, we predict that employment in OECD countries will continue to grow by 0.3% this year and 0.6% next year," declared OECD Secretary-General Mathias Cormann during the presentation of the report to the press. "To date, there is no evidence that the greater use of artificial intelligence by companies is causing a general drop in demand for labor," highlighted Cormann. "While AI is changing the skills companies are looking for and is clearly having an impact on demand, it is not weakening job prospects for young people or workers in general for now. AI is transforming work, rather than reducing it," he said.

However, the report highlights that "the incorporation of young people into the job market is especially difficult" and that "recent advances in generative artificial intelligence" are probably not unrelated to this situation. According to the report from the economic organization, which brings together 38 countries from America, Europe, Asia and Oceania, the job market also demonstrated resilience in the face of the war in the Middle East, which caused a sharp increase in energy prices. "Job creation has remained solid despite the effects of the ongoing conflict in the Middle East. The number of vacancies, which constitutes an early indicator of labor demand, has declined since 2022 compared to the maximum reached after the pandemic," explained Cormann. However, he added: "since the escalation of the conflict, vacancies have generally stabilized." "Overall, employment prospects are positive, but many workers still do not fully realize the benefits of a dynamic labor market, especially with regard to their remuneration", added the OECD Secretary-General. In almost a third of OECD countries, real wages "remain lower than they were five years ago", he said.

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