Do Job Postings Show Early Labor-Market Effects of AI? - Liberty Street Economics
At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.
The Teller Window is a publication featuring expert knowledge and insight from the New York Fed, including thoughts and perspectives from senior leaders.
Do you have a request for information and records? Learn how to submit it.
Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.
Markets & Policy Implementation
Markets & Policy Implementation
DATA
Reference Rates
Effective Federal Funds Rate
Overnight Bank Funding Rate
Secured Overnight Financing Rate
SOFR Averages & Index
Broad General Collateral Rate
Tri-Party General Collateral Rate
Desk Operations
Treasury Securities
Agency Mortgage-Backed Securities
Repos
Reverse Repos
Securities Lending
Central Bank Liquidity Swaps
System Open Market Account Holdings
Primary Dealer Statistics
Historical Transaction Data
DOMESTIC MARKET OPERATIONS
Monetary Policy Implementation
Treasury Securities
Agency Mortgage-Backed Securities
Agency Commercial Mortgage-Backed Securities
Agency Debt Securities
Repos & Reverse Repos
Securities Lending
Discount Window
Treasury Debt Auctions & Buybacks<br>as Fiscal Agent
INTERNATIONAL MARKET OPERATIONS
Foreign Exchange
Foreign Reserves Management
Central Bank Swap Arrangements
ACROSS MARKETS
Statements & Operating Policies
Market Intelligence
Survey of Market Expectations
Annual Reports
Counterparties
Primary Dealers
Standing Repo Counterparties
Reverse Repo Counterparties
Foreign Exchange Counterparties
Foreign Reserves Management Counterparties
Operational Readiness
Central Bank & International Account Services
Programs Archive
Economic<br>Research
Financial Institution Supervision
As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
Financial Services<br>& Infrastructure
The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The New York Innovation Center bridges the worlds of finance, technology, and innovation and generates insights into high-value central bank-related opportunities.
The growing role of nonbank financial institutions, or NBFIs, in U.S. financial markets is a transformational trend with implications for monetary policy and financial stability.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
Community Development<br>& Education
Economic Education
Programs
High School Fed Challenge
College Fed Challenge
Teacher Professional Development
Classroom Visits
Museum & Learning Center Visits
Resources
Educational Comic Books
Economist Spotlight Series
Lesson Plans and Resources
Economic Education Calendar
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Liberty Street Economics
" Federal Student Loan Defaults Return After Pandemic Pause | Main
May 14, 2026
Do Job Postings Show Early Labor‑Market Effects of AI?
Richard Audoly, Miles Guerin, and Giorgio Topa
As generative AI tools become more widely used, a key issue is the technology’s impact on labor demand. Where might we find evidence of that impact? In this post, we examine whether early evidence of AI’s effect on the labor market appears in firms’ job postings. We combine an occupational measure of AI exposure with detailed U.S. job-posting data from Lightcast, which aggregates listings from company career pages, national and local job boards, and job-listing aggregators. Using this data, we test whether postings for AI-exposed occupations declined disproportionately since the release of ChatGPT in late 2022. We find that, while overall hiring has slowed since then, the evidence from...