LinkedIn Data Indicates Hiring Decline Not Linked to AI, Attributes It to Interest Rates
LinkedIn's data shows a 20% decline in hiring since 2022, but the company's chief global affairs and legal officer, Blake Lawit, stated that AI is not yet responsible for the trend. Instead, he attributed the decline to rising interest rates. Lawit also noted that the skills required for jobs are expected to change significantly due to AI, with 70% of job skills expected to shift by 2030.
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