The latest jobs numbers paint a reasonably grim image of the labor market and the obvious havoc AI is wreaking on it. After warnings about unemployment amongst latest grads earlier this 12 months, the most recent report means that AI’s impression is reaching a broader team of workers. There have been over 150,000 layoffs in October, which makes it the worst October for layoffs in over twenty years, and about 50,000 of these have been attributed to AI. Total, 2025 has seen extra job cuts than any 12 months since 2020.
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