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Work & Labor · 5 min read

Think Tank Proposes Federal Tax Changes to Build AI Worker Safety Net

The Searchlight Institute has published a revenue-neutral federal tax blueprint to fund enhanced unemployment insurance and retraining for workers displaced by AI, as Goldman Sachs estimates the technology is eliminating roughly 16,000 net U.S. jobs per month.

Oct 10

Finance & Banking · 4 min read

HSBC to Cut 70% of UK Wealth Management Advisers as AI Takes Over

HSBC is eliminating approximately 70% of UK financial advisers as CEO Georges Elhedery bets on AI-driven wealth management tools to replace human advisory capacity — with departures expected by end of October 2026.

Oct 10

Work & Labor · 3 min read

Bloomberg: Low-Income Workers Face the Steepest AI Job Displacement Risk in the U.S.

A Bloomberg analysis finds AI-driven displacement falls hardest on low-income workers—7.9 million U.S. jobs face high displacement risk, concentrated in lower-wage roles where transition pathways are fewest.

Oct 2

Work & Labor · 4 min read

AI Drove 25% of All U.S. Job Cuts in March 2026, SHRM Report Finds

SHRM's 2026 displacement report finds artificial intelligence was directly responsible for 15,341 layoff announcements in March — one in four U.S. job cuts for the month — as AI's share of labor market contraction becomes measurable and accelerating.

Jun 16

Work & Labor · 4 min read

AI Is Eliminating 16,000 U.S. Jobs Per Month — and Gen Z Is Paying the Highest Price

Goldman Sachs found AI directly responsible for 16,000 U.S. job eliminations per month, with Gen Z workers concentrated in the white-collar roles hit hardest.

Apr 23

Work & Labor · 5 min read

AI Is Cutting 16,000 US Jobs Per Month — and Gen Z Is Taking the Hardest Hit

Goldman Sachs data shows AI is eliminating 16,000 US positions per month, with Gen Z disproportionately exposed through their concentration in routine white-collar roles — and 48% of Q1 2026 tech layoffs now explicitly attributed to AI by employers.

Apr 22

Work & Labor · 4 min read

AI Is Eliminating 16,000 U.S. Jobs Per Month — and Gen Z Is Taking the Hardest Hit

Goldman Sachs research finds AI is now eliminating 16,000 U.S. jobs per month, with Gen Z workers bearing disproportionate impact due to their concentration in entry-level white-collar roles that AI automates most effectively.

Apr 20

Work & Labor · 4 min read

AI Is Eliminating 16,000 U.S. Jobs Per Month—and Gen Z Is Taking the Hardest Hit

Goldman Sachs analysis finds AI-driven job displacement is running at 16,000 U.S. positions per month. Gen Z is taking the hardest hit, concentrated in exactly the white-collar roles AI automates first.

Apr 19