AI Effect Showing Up in US Employment Numbers

The impact of AI has reportedly begun to show up in U.S. A drop in financial services and IT payrolls — two sectors where artificial intelligence (AI) adoption has been quickest — accelerated this year to an average of 28,000 per month, Bloomberg News reported Wednesday (July 1), citing government data. The report contends that this weakness is notable amid an otherwise strong job market, which created 113,000 in the first five months of the year, with that number dra