LinkedIn data shows AI isn’t to blame for hiring decline… yet

LinkedIn's Chief Global Affairs and Legal Officer Blake Lawit reported that despite a 20% hiring decline since 2022, company data does not show AI as the primary cause. Instead, he attributed the slowdown to rising interest rates, noting that job losses are not concentrated in sectors expected to be most vulnerable to AI (customer support, administrative, marketing). Lawit acknowledged AI's impact on employment could emerge in the future, but it hasn't been observable in current labor market data.