Low layoff rates defy AI jobs domination fears

Jobless claims just hit their lowest level since nineteen sixty-nine. Only one hundred eighty-seven thousand people filed for unemployment insurance last week, Axios reports — a number that defies the widespread fears of artificial intelligence-driven mass layoffs. But there's a significant catch: while companies aren't firing much, they're barely hiring either. Job postings for entry-level roles are down seven point five percent year-over-year, while senior-level openings are up nearly fifteen percent, according to Indeed — suggesting the pressure on the labor market is concentrated on younger workers trying to break into the field.

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