ChainCatcher reports that The Economist estimates AI has created approximately 1 million new jobs in the U.S. to date, far surpassing the roughly 200,000 jobs eliminated due to AI since mid-2023. This conclusion is based on U.S. Bureau of Labor Statistics data released on September 4, showing that the U.S. economy added 162,000 new jobs in August, with the unemployment rate remaining steady at 4.1%. The gap between the unemployment rate for 20- to 24-year-olds and the overall rate has reached its lowest level in decades. Job growth has been driven primarily by high-skilled positions directly supporting AI and blue-collar jobs spurred by data center construction. Since 2022, roles such as engineers, software developers, mathematicians, and data scientists have increased by approximately 730,000 positions above trend levels. The Burning Glass Institute’s chief economist estimates that about 1% of professional jobs in the U.S. can now be classified as AI-related roles, rising to 4%–5% in computer science and life sciences. Spending on data center construction has increased by 60% over the past year, boosting demand for electricians and HVAC technicians. Indeed data shows that salaries for data center installation and maintenance roles are approximately 40% higher than comparable positions. Customer service roles have declined by about 10% since January 2023, and administrative assistant roles have decreased by about 15%. Microsoft and Meta have reduced staff as they restructure around AI, while companies like Block and Intuit have replaced certain manual tasks with automation tools. U.S. businesses have announced an average of about 16,000 AI-related layoffs per month. Economist Noah Smith notes that it is currently difficult to identify occupations definitively eliminated by AI in labor data.
The Economist estimates that AI has created 1 million jobs in the U.S.
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Summary
The Economist estimates that AI has created approximately 1 million U.S. jobs, surpassing the 200,000 AI-related layoffs since mid-2023. Data from August 2026 shows 162,000 new jobs added, with unemployment at 4.1%. Burning Glass reports that 1% of U.S. jobs are now AI-related. Data center spending is up 60% year-over-year, increasing demand for electricians and HVAC technicians. New token listings and growing AI adoption continue to reshape labor markets.
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