College Grads Face Toughest Job Market in a Decade Amid Slowing Hiring and AI Concerns
Recent college graduates are facing a challenging job market, with the unemployment rate for degree holders aged 22 to 27 reaching its highest level in over a decade, excluding the pandemic. Economists suggest that this is due to economic uncertainty, specifically stemming from the Trump administration’s tariff increases. Additionally, the rise of artificial intelligence is speculated to be impacting entry-level white-collar positions, while higher interest rates from the Federal Reserve have also slowed hiring in tech. Despite these difficulties, most economists maintain that holding a college degree still offers lifetime benefits, although the value of a degree has diminished.
John Q. Hosedrinker