Business & Economy · 26 views
Many recent grads say AI is making it harder to get a job. Economists aren't so sure
The unemployment rate for young adults with new degrees is higher than the rate for all workers, according to the New York Fed. Is AI the problem, or is it more complicated?
AI Summary
The New York Fed reports that the unemployment rate for young adults who have recently earned degrees is higher than the overall rate for all workers. The data suggest that recent graduates face a tougher job market. Some observers question whether artificial intelligence is a major factor, while others argue the issue is more complex. The Fed’s findings highlight a growing concern among new grads about finding employment.
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