The Troubling Trend: Recent Grads Facing a Tough Job Market
2025-05-01
The job market for young college graduates is significantly worse than it has been in decades. Unemployment sits at a concerning 5.8%, with even elite MBA graduates struggling. Three potential explanations are offered: the lingering effects of the pandemic and Great Recession; a decreased return on investment for a college degree; and the disruptive potential of AI, which is capable of automating tasks previously performed by entry-level white-collar workers. While the impact of AI on employment remains unclear, the struggles of recent graduates serve as a cautionary tale, potentially signaling short-term economic woes, a shifting value of college education, or the long-term impact of AI on the workforce.