Entry-Level Tech Jobs in New York Cut in Half as Artificial Intelligence Is Adopted
While the use of artificial intelligence is rapidly increasing across New York City, experienced workers continue to retain their positions. However, entry-level tech job postings have dropped by half since 2022.
As artificial intelligence technologies continue to spread among service firms and manufacturers in New York City, overall tech employment remains balanced. In contrast, entry-level job postings, which are critically important for young workers and recent graduates to enter the sector, have experienced a major decline since 2022.
The Rise of Artificial Intelligence
According to a survey published by the Federal Reserve Bank of New York, 60% of service firms use artificial intelligence, showing an increase from the previous year. Half of manufacturers also benefit from this technology.
Decline at the Entry Level
According to an analysis conducted by the Center for an Urban Future, entry-level tech job postings—serving as a first step into the sector for young workers and two-year associate degree graduates—have decreased by half since 2022. Experts point out that this situation increases competition.
Experienced Workers Protected
While average salaries for beginners remain high in areas where artificial intelligence is most prevalent, it is stated that experienced personnel currently working in tech, finance, and professional services are not at risk of losing their jobs in the near term.
Changes in Education and Courses
Some institutions providing software engineering and data analytics training are experiencing declines in placement rates while revising their courses to adapt their curricula to artificial intelligence.
Proposed Solutions
The Center for an Urban Future proposes various initiatives, including providing six-month paid internships in small businesses and nonprofit organizations, and establishing funding for educational programs within CUNY.