Young Graduates Face Grimmest Job Market in Years

New York Times: “The unemployment rate for college graduates ages 22 to 27 soared to 5.6 percent at the end of last year, up sharply over the past three years and outstripping the overall rate of 4.2 percent at the time. For those who were employed, more than 40 percent held jobs that do not typically require college degrees, the highest level since 2020.”

“The diminished prospects for young graduates are colliding with questions over whether artificial intelligence is destroying the kinds of jobs they have long sought.”