Remote work — not AI — has sidelined recent college graduates, research finds

Research from the Federal Reserve Bank of New York finds remote work has increased unemployment for younger college graduates post-pandemic, with a 20% rise in unemployment for those under 29, while older graduates saw slight declines. Companies are less likely to hire recent graduates for remote roles, citing challenges in mentorship and feedback, and a Fortune 500 tech company shifted hiring toward older workers during remote work adoption.