Gene Munster
2026.05.06 12:37

AI impact on jobs update: ADP Private payrolls rose by 109k in April vs expectations of 84k and 61k in March.

While this may suggest AI is not impacting jobs, a closer look shows job growth coming from areas where the human touch matters, education and health (added 61k), trade and transportation (added 25k) and construction (added 10k).

Those knowledge workers (including myself) are still at a fork in the road: embrace the tools or risk being replaced.

Source: Gene Munster

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