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Home›US Markets›Sectors›AI disruption is adding 15 bps to unemployment, Morgan…

AI disruption is adding 15 bps to unemployment, Morgan Stanley says

Morgan Stanley estimates the jobless-rate impact is most pronounced for younger workers at the moment.

Reported · Written up by our desk · Sectors

AI-related disruption in the workplace is increasingly affecting jobs, and Morgan Stanley says it is adding 15 basis points to the unemployment rate at present, according to MarketWatch.

The outlet reports that the estimated impact is especially significant for young people, suggesting the near-term labor effect is concentrated among newer entrants to the workforce.

MarketWatch frames the development as a growing employment risk tied to accelerating workplace adoption of AI systems.

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Sources

MarketWatchAI displacement in the workplace is increasing – and affecting young people most
MarketWatchAI displacement in the workplace is increasing – and affecting young people most

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