October 13th 2026, 11:49 AM
AI Job Displacement Worsens Young Workers' Concerns
Key Summary
The IMF warns that AI is increasingly displacing routine jobs, particularly among young people, with 40% of jobs globally at risk. While job gains are mostly in lower-paid roles, the loss of entry-level positions erodes trust in the future. The IMF expects 60% of jobs in advanced economies to feel the impact, with poorer nations only looking safer for now.
Please see our real time news feed on our Home Page
The IMF's Warning
The International Monetary Fund (IMF) has warned that AI is increasingly displacing routine jobs, particularly among young people. According to IMF Managing Director Kristalina Georgieva, the risk of AI taking jobs falls hardest on young people, with 40% of jobs globally at risk.Impact on Young Workers
The loss of entry-level positions erodes trust in the future, and the IMF expects 60% of jobs in advanced economies to feel the impact. In contrast, the same age group grew about 7% in the least-exposed roles. Workers aged 31 and older showed almost no gap, according to Stanford and ADP data.AI-Exposed Sectors
The first rung in employment, your first job upon graduation, is now seeing less demand. The evidence is already very clear. It's clearest in the most AI-exposed sectors, by the way, which are the tech sectors. Missing that first job costs more than a year of skills, Tharman argued.The Gap in Joblessness Rates
Historically, recent graduates had lower jobless rates than the overall workforce. Since 2018, that pattern has flipped. The gap hit 1.8 percentage points in April 2025, the widest since at least 1990.#AI#IMF#YoungWorkers#JobDisplacement