Story perspectives

US Job Market Faces AI Disruption and Immigration Challenges

2/18/2026

Summary

Story summary

In a Financial Times op-ed, Mohamed El-Erian, an economist, argues the U.S. job market will not catch up with growth in 2025.
He attributes the slowdown to AI adoption and companies reassessing their post-pandemic workforce.
Goldman Sachs says immigration restrictions during President Donald Trump's presidency cut net immigration by 80%, complicating the labor market.
Economists expect that fewer jobs will be needed for stability amid weak demand and AI disruptions.

1 of 1

Story summary

In a Financial Times op-ed, Mohamed El-Erian, an economist, argues the U.S. job market will not catch up with growth in 2025.
He attributes the slowdown to AI adoption and companies reassessing their post-pandemic workforce.
Goldman Sachs says immigration restrictions during President Donald Trump's presidency cut net immigration by 80%, complicating the labor market.
Economists expect that fewer jobs will be needed for stability amid weak demand and AI disruptions.