Young Workers Lose Jobs But AI’s Just the Decoy in Corporate Hide-and-Seek

KEY POINTS

•Dario Perkins from Global Data.TS Lombard revealed youth unemployment in the US rose sharply after 2023.
•He attributed the hiring stall to post-pandemic workforce normalization, policy uncertainty, and Trump-era tariffs.
•Despite fears, sectors more exposed to AI didn't lose jobs, suggesting economic factors outweigh automation.

Forget your sci-fi job-loss fears because AI hasn’t declared entry-level job jihad—yet. According to London’s brainy bean counters at Global Data.TS Lombard, led by Dario Perkins, the US job market just pulled a classic 'post-pandemic party crash.' Since 2023, youth unemployment rose 2.5 points, while elders stayed chill, probably binge-watching from their recliners. Perkins drops truth bombs: firms revamped teams during the COVID bounce-back and now they're slamming brakes, all while threatening new hires with Trump-era tariff headaches and policy-induced anxiety. AI max-out fans claim automation's the culprit, but data screams 'nah,' revealing sectors with AI exposure aren’t the real job killers. Basically, companies are just asking current staff to do the math homework and the projects without inviting new kids to the party. Goldman Sachs warned about ‘jobless growth’ for techie twenty-somethings but even they admit the big AI apocalypse is still waiting in the wings. Hope springs eternal: Perkins assures hiring will spring back faster than your failed plant care attempts once the economy reboots.