Economy
172,000 Jobs Added in May, But Young Graduates Left Behind
The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
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The U.S. added 172,000 jobs in May, beating expectations. But with underemployment at 43%, a separate crisis is unfolding for young graduates.
New research from the NY Fed finds remote work, not AI, is the primary driver of rising unemployment among recent college graduates.