Why Can’t Recent College Graduates Find Jobs?
So, what is causing this spike in recent graduate unemployment? Well, the state of the world isn’t exactly helping, with a lot of economic uncertainty fueled by world events. And when that happens, it’s young people that take the hit.
“Young people are bearing the brunt of a lot of economic uncertainty. The people that you often are most hesitant in hiring when economic conditions are uncertain are entry-level positions.” – Brad Hersbein, senior economist at the Upjohn Institute to AP
The data doesn’t point to any specific reason why these numbers are so much higher than usual, but it’s safe to assume that AI is a big driver, particularly when businesses big and small have admitted that they’re trying to get rid of jobs that can done by the technology.
