Something Alarming Is Happening to the Job Market
A new sign that AI is competing with college gradsIllustration by Akshita Chandra / The Atlantic. Source: Getty.Something strange, and potentially alarming, is happening to the job market for young, educated workers.According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly minted M.B.A.s from elite programs are struggling to find ...
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