unemployment rates
Coverage of unemployment rates in the Nexus archive.
- Young and unemployed? Remote work, not AI, may be the problem, study finds
A study found that the rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers, contributing to higher unemployment rates for recent college graduates. The study attributes this trend to remote work, not AI, as the key driver.
- Young people hate today's job market. You can't blame it all on AI
Young Americans are increasingly anxious about job market challenges, with only 20% believing it's a good time to find quality jobs. While AI's role is debated, uncertainty around economic shifts, geopolitical factors, and AI adoption has led employers to freeze hiring. Recent college graduates face higher unemployment (5.6%) compared to the overall rate (4.2%), and many are turning to gig work despite initial employment gains.