Young workers are showing a different employment pattern from experienced workers. A revised August 2026 study from Stanford Digital Economy Lab, using ADP payroll data, found employment among workers ages 22 to 25 in highly AI-exposed occupations was about 19% below where it would have been if it had kept pace with less-exposed jobs. The
Read MoreU.S. nonfarm payroll employment fell by 23,000 jobs in July 2026, while unemployment remained at 4.1 percent, data from the U.S. Bureau of Labor Statistics shows. The civilian labor force also shrank by 264,000 people during the month. That helped keep the unemployment rate relatively low even as employment weakened. The figures capture an unusual
Read MoreAmerica’s labor market has developed an unusual combination: companies are laying off relatively few workers, yet they are also showing limited enthusiasm for hiring replacements or expanding their teams. That helps explain why headline unemployment numbers can appear stable while job searches feel increasingly difficult. Recent figures capture the contradiction. The U.S. Bureau of Labor
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