McKinsey research shows AI creating more jobs than automation displaces
McKinsey Global Institute research indicates the U.S. economy will have more total jobs by 2035 than it does today, though the composition of those roles will shift. While AI is expected to expand the job market, automation could absorb half of all U.S. work hours by 2035 and affect 36 million positions. The primary challenge is a skills gap, as roughly 11 million American workers will likely need to transition into new occupations this decade, many without the required credentials or training.
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- ✓ The U.S. economy will have more jobs by 2035 than it has today.
- ✓ Automation could affect 36 million jobs by 2035.
- ✓ Roughly 11 million American workers may need new occupations this decade.
- ✓ Automation could absorb half of U.S. work hours by 2035.
What changed
McKinsey Global Institute released research quantifying the number of affected jobs and the scale of the required worker transitions by 2035.
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AI to Create More US Jobs Than Automation Displaces by 2035
McKinsey Global Institute research indicates the U.S. economy will have more total jobs by 2035 than it does today, though the composition of those roles will shift. While AI is expected to expand the job market, automation could absorb half of all U.S. work hours by 2035 and affect 36 million positions. The primary challenge is a skills gap, as roughly 11 million American workers will likely need to transition into new occupations this decade, many without the required credentials or training.
Why it matters
This research shifts the focus from mass unemployment to a massive workforce transition. It highlights a structural mismatch where job growth exists but workers lack the specific skills to fill new roles. The findings suggest a period of high internal mobility and reskilling rather than a total labor collapse.
What is confirmed
- The U.S. economy will have more jobs by 2035 than it has today.
- Automation could affect 36 million jobs by 2035.
- Roughly 11 million American workers may need new occupations this decade.
- Automation could absorb half of U.S. work hours by 2035.
- AI is expected to create more jobs than automation displaces.
Still unconfirmed
- AI is making workers more productive but not the companies they work for.
- AI shortcuts are creating a worse C-suite.
- AI is shrinking firms.
What to watch next
- Government or corporate initiatives to provide credentials for the 11 million transitioning workers
- Data on the 10 occupations identified as being hit hardest by automation
- Evidence of actual job growth in AI-created sectors compared to automation losses
confidence 95%Sources used for this update (18)
- finance.yahoo.com — Yahoo Finance - Stock Market Live, Quotes, Business & Finance News
- fortune.com — Future of Work News, AI Disruption & Remote Work Trends - Fortune
- www.cnbc.com — McKinsey report: Automation will affect 36 million of jobs by ...
- CNBC — Automation will affect 36 million jobs by 2035—these 10 occupations could be hit hardest, says new report
- Fortune — McKinsey research shows AI creating more jobs than automation displaces — but 11 million American workers will need help this decade
- Paul Krugman | Substack — Will AI Crowd Out Jobs?
- Business Insider — McKinsey top exec: AI is making workers more productive. Not companies.
- EL PAÍS English — The AI labor apocalypse is on hold (for now)
- finance.yahoo.com — McKinsey research shows AI creating more jobs than automation ...
- FinTech Weekly — AI Shrinks Firms
- fortune.com — McKinsey: Automation could absorb half of U.S. work hours by 2035. The bigger challenge is skills
- emexmag.com — The AI jobs story may be 11 million career changes, not 11 ...
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