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The Number of Unemployed IT Workers Grew By 54,000 in a Month. An Expert Says AI Is to Blame.

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The number of unemployed IT workers increased by 54,000 from December 2024 to January 2025 .

The unemployment rate for tech workers increased from 3.9% in December to 5.7% in January , above the 4% average for all industries.

Tech giants like Meta and Microsoft are spending billions of dollars building AI infrastructure, they aren't devoting the same amounts of capital to creating new IT jobs.