AI-exposed sectors see sharp drop in youth employment: BOK report
Youth employment has fallen sharply in sectors highly exposed to artificial intelligence (AI) technology since the emergence of generative AI chatbots, a central bank report showed Tuesday. Over the four-year period from June 2022 to June 2026, the number of jobs held by people aged 15 to 29 fell by 285,000, according to the report published by the Bank of Korea (BOK). Of the total decline,…
The Bank of Korea (BOK) revealed a significant decline in youth employment across sectors heavily influenced by artificial intelligence (AI) technology, according to a report published Tuesday. Between June 2022 and June 2026, the total number of jobs held by individuals aged between 15 and 29 decreased by 285,000. Out of this overall reduction, 268,000 jobs, accounting for 94 percent of the decline, were in AI-exposed industries such as information technology (IT) services, publishing, computer programming, and professional services.
Conversely, the employment landscape for those in their 50s improved, with a 230,000 job increase during the same period, of which 173,000 resulted from AI-exposed sectors. The report considered June 2022 as its starting point, as ChatGPT was introduced in late that year. By individual sectors, youth employment plummeted by 31.4 percent in IT services and 27.4 percent in publishing, which encompasses software and web design professionals.
Additionally, youth employment decreased by 16.6 percent in computer programming and 11.6 percent in professional services.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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