April Job Market Update (the Data)
AI is rapidly displacing high‑skill white‑collar jobs, with 78,000 tech positions cut in the first half of 2025 alone. The Bureau of Labor Statistics reports the lowest professional‑services job‑opening rate since 2013, a 20% year‑over‑year decline, while routine‑cognitive roles fell 34% and strategic roles rose 21%. Major firms such as IBM, Accenture, Amazon and JPMorgan are pausing or eliminating thousands of roles in favor of generative AI. Experts warn AI could push overall unemployment to 10‑20% within five years, reshaping career pathways.
What's Actually Behind "AI Layoffs" In 2026
The wave of 2023‑2024 tech layoffs is being framed as an "AI‑driven" restructuring, but SEC filings reveal the true catalysts are declining revenue, missed earnings targets, and investor pressure. Studies show AI mentions in layoff announcements lift stock prices 7‑12%...
