The advancement of artificial intelligence (AI) is having a profound impact on the US job market, significantly affecting the younger workforce within the tech industry. Goldman Sachs’ chief economist, Jan Hatzius, noted that the launch of ChatGPT in November 2022 marked a shift, resulting in the tech sector’s job market share falling below its long-term trend. It is especially concerning that the unemployment rate for tech workers aged between 20 and 30 years old has spiked by nearly 3 percentage points since early 2024. This surge is suggestive of the fact that generative AI is beginning to replace white-collar positions, primarily among early-career workers. While the current influence affects a minor portion of the US labor force, Hatzius anticipates that 6-7% of all US workers could get replaced by generative AI over the upcoming decade. However, the firm predicts the consequent unemployment to be confined to 0.5 percentage points and manageable, as other sectors should absorb many affected workers. Though the AI’s effect is observed, Hatzius identifies a more severe immediate problem – the slowdown of US output growth – partly owing to increased tariffs.

Therefore, it is evident that tech employees, particularly the younger workforce, may need to adapt their skills to the shifting landscape or risk unemployment. Being familiar with resources like eddcaller.com could be indispensable. It provides avenues on how to get ahold of EDD (Employment Development Department) customer service, reach a live person at EDD, understand the best time to contact the unemployment office, and even how to check on EDD payment statuses. Coping with the impact of AI on the job market necessitates not only adapting but also learning how to navigate resources such as EDD, and eddcaller.com offers the means to do so effectively.