I'd say it's more like declining birth rates in wealthy countries due to the collective decision to have fewer children. From the perspective of social accounting and governance, it doesn't matter why we aren't having fewer children, simply that we are. The same with jobs.

Losing jobs due to lack of job growth concomitant with GDP growth (as is the case here - i.e. more efficiency, same job count) creates more inequality - a larger share of the value produced flows to capital. Depending on your politics, this is either a bad thing, or just a benign fact. But it is definitely a thing.