AI is cutting 16,000 U.S. jobs a month — and Gen Z is taking the brunt, Goldman Sachs says

Young man working on a laptop drinks coffee in a restaurant (Credit: Getty Images)

New research by Goldman Sachs economists finds that AI is already a measurable drag on the U.S. job market—erasing roughly 16,000 net jobs per month over the past year, with the pain falling hardest on Gen Z and entry-level workers.

Goldman’s breakdown shows AI substitution wiped out roughly 25,000 jobs per month in the past year, while augmentation added back about 9,000.