ECONOMY

IMF Warns of AI ‘Tsunami’ as China Confronts High Youth Joblessness

Published: Dec. 11, 2025 12:41 p.m. GMT+8

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Job seekers check employment information at a human resources exchange fair in Huzhou, Zhejiang province. Photo: VCG

Artificial intelligence (AI) could hit the global labor market like a “tsunami,” the chief of the International Monetary Fund (IMF) warned, saying about 40% of jobs worldwide may be affected — whether through productivity gains, role changes or displacement.

Countries should equip workers with adaptable skills and provide stronger safety nets to survive the labor-market tsunami, IMF Managing Director Kristalina Georgieva said in Beijing on Wednesday, responding to a Caixin question at a press briefing.

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IMF chief warned AI could impact 40% of global jobs, urging skills adaptation and stronger safety nets.
China’s youth unemployment was 17.3% in October 2023; IMF recommends opening the service sector and targeted labor-market measures.
Service sector expansion and deliberate policy in China are seen as key to addressing employment challenges.

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