Stanford University: Fewer Jobs for Young People

New smart tech is making it harder for young people to find jobs in certain fields.

AutomationEmploymentTechnology

Key Takeaways

A new study looked at millions of payroll records to see how smart computer programs are changing jobs. It found that since these new programs became common, it's been harder for young people just starting their careers, especially in jobs like coding or customer service. The number of jobs for workers aged 22 to 25 in these areas has gone down a lot. But older, more experienced workers in the same jobs are still doing fine, and so are people in jobs that the new technology can't easily do, like healthcare. This isn't because of a bad economy; it's happening even inside successful companies. The problem is mainly with jobs where the technology can completely take over tasks, not where it just helps people do their work better. Interestingly, people's salaries haven't really changed, just the number of jobs available for young people.