AI Is Crushing Young Workers' Employment Prospects, Stanford Study Finds

Entry-level workers in AI-exposed occupations have seen employment drop 13% since late 2022, according to Stanford University research analyzing millions of payroll records. The decline affects software developers, customer service representatives, and administrative assistants aged 22 to 25, while employment for older workers in the same roles continued growing. The study [PDF], based on ADP payroll data covering tens of thousands of firms, found the steepest drops in occupations where AI automates tasks rather than augments human capabilities. Among software developers aged 22-25, employment fell nearly 20% from its late 2022 peak. Workers in less AI-exposed fields like nursing saw employment growth across all age groups. The research controlled for firm-level effects and other economic factors, isolating AI's impact from broader trends like interest rate changes and pandemic-era hiring patterns.

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