This weekly update shows how AI agents are changing jobs across America and the world.

Companies in the United States announced more job cuts this year than all of 2024. About 892,000 jobs were cut in just eight months. This is 66% more than last year.

AI and smart computer programs are taking over many tasks that people used to do. Companies like Intel, Microsoft, and Meta cut thousands of jobs while spending more money on AI systems. These AI agents can write code and create content without human help.

Workers are very worried about losing their jobs to AI. A new study found that 89% of workers fear AI will take their jobs. Almost half of workers know someone who already lost a job because of AI.

But AI is also creating new opportunities. OpenAI is building a special job website to help people find work with AI companies. They want to train 10 million Americans by 2030 to work with AI systems.

Many companies now require workers to use AI tools. About 77% of employers either demand or strongly encourage their workers to learn AI. Some companies even fire workers who refuse to use AI.

The changes are happening worldwide. Different countries see different effects on jobs and wages. Some places have very low unemployment, while others struggle with high joblessness.

Business leaders are watching these changes carefully. The Federal Reserve Bank is studying how AI affects workers, especially those with lower incomes. They want to understand how to help people adapt to these changes.