US Tech Jobs Drop 11% Since ChatGPT Launch; Education, Health Hit Record
U.S. information technology employment has fallen 11% since ChatGPT's launch in November 2022, losing 332,000 jobs to 2.78 million. Meanwhile, private education and health services added 3.16 million jobs, rising 13% to an all-time high.
The US job market is showing a historic divergence according to recent data. Information technology employment has declined 11% since the launch of ChatGPT in November 2022, with the tech sector shedding 332,000 jobs to a total of 2.78 million.
In contrast, private education and health service employment has risen 13% to an all-time high, adding 3.16 million jobs. Technology employment is now below pre-pandemic levels seen between 2017 and 2019.
The data highlights the transformative role of artificial intelligence in reshaping labor market conditions.
Source: The Kobeissi Letter