Further results on AI and labor market reallocation

This paper documents how artificial intelligence has affected stocks and flows in the U.S. labor market. Combining CPS and JOLTS data with AI exposure and adoption measures from OpenAI and Lightcast, respectively, we construct labor force stocks, worker flows, and market tightness by AI exposure and adoption. Since the introduction of LLMs, workers with high AI exposure and adoption have experienced larger declines in job-finding and job-switching rates than other groups, while their within-job ...