2 verifications about Unemployment Unemployment ×
“Oxford University has predicted that the percentage of jobless people will decline as artificial intelligence advances.”
No Oxford University source has made the specific prediction attributed to it. Oxford-affiliated research discusses AI's complex labor market effects — noting that mass displacement fears may be overstated and that AI could create new roles — but none of these findings constitute a forecast that the percentage of jobless people will decline as AI advances. The claim conflates cautious, nuanced commentary with a definitive institutional prediction that does not exist in the evidence.
“Increases in the minimum wage consistently and universally result in higher unemployment rates.”
The claim that minimum wage increases "consistently and universally" raise unemployment is not supported by the evidence. While some studies find modest negative employment effects for specific subgroups (teens, low-skill workers), high-authority research from the CBO, IMF, NBER, and UK government reviews finds effects that are often near zero, negligible, or even positive in concentrated labor markets. The absolute framing of "consistently and universally" is contradicted by decades of empirical research showing highly heterogeneous, context-dependent outcomes.