# IMF warns AI will hit jobs, World Bank calls for permanent support measures

> IMF Managing Director Kristalina Georgieva said AI is a “slow‑moving tsunami” for employment, while the World Bank urges governments to keep crisis‑era hiring programs for graduates.

Oossa · 2026-10-12 · https://oossa.com/en/imf-warns-ai-will-hit-jobs-world-bank-calls-for-permanent-support-measures

At the IMF annual meetings in Singapore, Managing Director Kristalina Georgieva warned that artificial intelligence is hitting the global labour market like a slow‑moving tsunami, with young graduates most at risk. Singapore President Tharman Shanmugaratnam, co‑chair of the World Bank Jobs Council, said governments should make the crisis‑era hiring measures used during Covid‑19 a permanent tool to help fresh graduates find work. World Bank President Ajay Banga noted that 1.2 billion people will turn 18 in the next 15 years and that private capital will need to create most of those jobs.

## The facts

- IMF Managing Director Kristalina Georgieva warned AI is a “slow‑moving tsunami” for jobs.
- World Bank estimates 1.2 billion young people will turn 18 over the next 15 years.

## Why it matters

Policymakers may adopt lasting hiring subsidies and training programmes to keep young people employed as AI reshapes entry‑level jobs.

## Sources & references

1. [World Bank jobs council urges 'crisis-era' support measures as IMF warns of AI ‘tsunami’ hit](https://www.cnbc.com/2026/10/12/imf-world-bank-ai-jobs-inflation-.html) – CNBC, 2026-10-12

Last updated: 2026-10-12