Index Dashboard
The AI Labor Market Impact Index ranges from -100 (severe job displacement) to +100 (strong job creation). It combines data from multiple sources including academic research, employment statistics, job postings, and news events to provide a comprehensive view of AI's workforce impact.
Methodology
The AI Labor Market Impact Index is calculated using a weighted combination of four key components:
News Events (35%)
Analysis of news articles about AI-related workforce changes, including layoffs, hiring initiatives, and restructuring. Each event is scored based on its impact (positive or negative) and weighted by its AI-relevance and scale.
Employment Statistics (30%)
Analysis of official employment data from the Bureau of Labor Statistics, focusing on industries most affected by AI. Changes in employment levels are weighted based on the industry's relevance to AI adoption.
Job Posting Trends (25%)
Analysis of job posting data, tracking both AI-related role growth and changes in roles at high risk of AI displacement. The component measures emerging roles, skill requirements, and job posting volume changes.
Academic Research (10%)
Analysis of academic papers about AI and labor markets. This component captures expert consensus on AI's workforce impacts from research publications. Papers are analyzed for sentiment and key findings.
Data Sources
- ArXiv API for academic research papers
- Bureau of Labor Statistics (BLS) API for employment data
- Remote Jobs API for job posting analysis
- Web scraping of company announcements and news articles