Data from Challenger, Gray & Christmas indicated that advancements in artificial intelligence technology resulted in the elimination of approximately 4,000 jobs in the United States in the previous month of May.
This report highlights the rapid impact that modern technology is having on the labor market, especially with the increasing reliance of companies on artificial intelligence and automation in various fields.
According to the report published at the end of the previous week, the total number of layoffs in companies headquartered in the United States reached 80,000 in May.
These figures represent an increase of approximately 20 percent on a monthly basis, and also show a fourfold increase compared to the levels announced during 2022.
Due to artificial intelligence, around 3,900 jobs were cut, accounting for nearly 5% of the total jobs lost up to the writing of this report.
The U.S. jobs report revealed the addition of 399,000 new jobs to the economy last month, marking higher levels than those recorded in April at 294,000 jobs.
In the previous month of March, data published by Goldman Sachs showed that artificial intelligence poses a threat to 300 million full-time jobs in the United States and Europe.
The report expects automation to be implemented in 46% of office and administrative support tasks, followed by 44% for legal tasks, and 37% for architectural and engineering tasks.
