The first evidence with official data suggests that AI is already slowing the decline of unemployment in the most exposed occupations in Spain

Since the public release of ChatGPT in November 2022, the impact of AI on employment has become a key economic debate in Spain. A recent working paper from the Institut d'Economia de Barcelona provides the first evidence based on official records, indicating that while there have not been mass layoffs, AI is influencing the labor market. The study shows that from January 2021 to November 2022, unemployment decreased similarly across occupations, but after the introduction of AI tools, those most exposed to AI saw a slower decline in unemployment. The authors estimate that a 10% increase in exposure to AI correlates with a 1.2% rise in registered unemployment by November 2024. The analysis categorizes occupations based on their exposure to AI, revealing that while some jobs are highly exposed, many do not currently utilize AI. The findings suggest a gradual adjustment in the labor market, particularly affecting workers aged 30 to 39, with significant implications for future employment…