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FT (https://archive.is/57Pws) -- Over the past two weeks we have been crunching data on millions of job adverts shared with us by labour market analytics firm LightCast, which monitors job postings and workers’ professional profiles around the world, giving us a far more granular picture of what is happening in particular pockets of particular labour markets than what can be obtained using government labour market statistics.
Our analysis of job postings data from the US, UK, France, Germany and the Netherlands shows no clear evidence that AI is behind the slowdown in early-career employment across much of the west, and indeed casts doubt on many of the assumptions underlying this narrative, with simpler, non-AI explanations better fitting the data.
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