Is the Reign of Knowledge Work Over? AI and Policy Shifts Fuel White-Collar Job Losses

The unemployment rate for college graduates has risen faster than for other workers in recent years, sparking concerns about the future of knowledge work. Layoffs in tech and finance, fueled by AI advancements and government policy changes under the Trump administration (reducing funding for research and education), have contributed to significant job losses. While overall unemployment remains low, the increasing automation of white-collar jobs and reduced demand for college graduates raise questions about the long-term prospects of this sector.