The boom in data center construction in the US is in full swing, yet it has not brought about a simultaneous expansion of jobs. Recent research by the Federal Reserve in Dallas, Texas shows that the impact of AI on the labor market first falls on young people who have just entered the workplace. According to reports, a recent study by the Dallas Federal Reserve Bank, one of the 12 regional branches of the Federal Reserve, shows that during the period of rapid spread of artificial intelligence, the unemployment rate of recent college graduates in Texas had risen to an “abnormally high level.” Texas is the state with the largest data center under construction in the US.

The boom in data center construction in the US is in full swing, yet it has not brought about a simultaneous expansion of jobs. Recent research by the Federal Reserve in Dallas, Texas shows that the impact of AI on the labor market first falls on young people who have just entered the workplace. According to reports, a recent study by the Dallas Federal Reserve Bank, one of the 12 regional branches of the Federal Reserve, shows that during the period of rapid spread of artificial intelligence, the unemployment rate of recent college graduates in Texas had risen to an “abnormally high level.” Texas is the state with the largest data center under construction in the US.