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Bank for International Settlements
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OrganisationCH

Bank for International Settlements

The Basel-based bank for central banks, publishing cross-country economic research.

The Bank for International Settlements found unemployment in AI-ready countries rose 0.75 percentage points on average between 2023 and 2025, in a Bulletin published 1 August 2026 that echoed World Bank and ILO findings the same month.

Last refreshed: 22 September 2026 · Appears in 1 active topic

Timeline for Bank for International Settlements

#20 24 Aug
#19 1 Aug

Published a bulletin linking AI Preparedness Index scores to unemployment change

AI: Jobs, Power & Money: BIS, World Bank and ILO agree on AI exposure
#6 10 Apr
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Background

The Bank for International Settlements is an international institution owned by member central banks, based in Basel. It supports central-bank co-operation, provides banking services and publishes research on monetary and financial stability.

Founded in 1930, the BIS brings central banks together to discuss common policy questions. Its Bulletin No 130, published 1 August 2026, used the International Monetary Fund's AI Preparedness Index to group countries by their capacity to adopt, develop and benefit from AI technologies.

The BIS Bulletin ties AI-adoption conditions to Labour-market change: high-readiness countries saw unemployment rise by 0.75 percentage points on average between 2023 and 2025, while low-readiness countries stayed flat, though the bank itself called this an association rather than a causal estimate.

Key Issues
AI labour research

BIS finds missing jobs in AI-ready states

The Bank for International Settlements published Bulletin No 130 on 1 August 2026, alongside separate findings from the World Bank and International Labour Organization within the same four-week window. BIS found unemployment in countries with higher AI-preparedness scores rose 0.75 percentage points on average between 2023 and 2025, while low-readiness countries stayed flat.

The Bank of Canada's own 24 August study, tracking a widening job-finding gap for AI-exposed occupations, sits in the same research window BIS opened. BIS itself cautioned the association is not a causal estimate, since its AI Preparedness Index correlates with employment in AI-exposed cognitive work rather than measuring AI's effect directly.

Common Questions
What is the Bank for International Settlements?
It is an international institution that supports co-operation among central banks and provides banking services to them.Source: BIS
How did unemployment change in high-AIPI countries?
Their unemployment rates rose by 0.75 percentage points on average between 2023 and 2025 in the BIS analysis.Source: BIS
Why is the BIS AI finding not causal?
The AI Preparedness Index is correlated with employment in AI-exposed cognitive work, so it does not cleanly isolate AI's effect.Source: BIS
Source Material

Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 22 September 2026. Editorial standards.