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College degrees lose job-market edge for recent grads, new research suggests
Employers expect only a 1.6% hiring increase for 2026 graduates, shifting focus from GPA to majors, internships, and skills, Federal Reserve analysis shows.
- Federal Reserve Bank of Cleveland analysts recently flagged signs of diminished prospects for young college graduates in the U.S. labor market.
- NACE's employer survey earlier this month shows participating employers weigh academic major, industry experience, internships and proficiencies more, projecting a 1.6% hiring increase for the Class of 2026 versus Class of 2025.
- Findings show the job-finding rate for young college-educated workers recently declined to be roughly in line with the rate for young high-school-educated workers, Fed research analysts wrote.
- Young college graduates may be losing a key labor-market advantage, and employer forecasts predict one of the worst job markets in years for recent graduates.
- Longer-Term trends show GPA screening has dropped from more than 73% in 2019 to below 40% in recent years, reflecting shifts in employer hiring practices.
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Leaning Left0Leaning Right0Center26Last UpdatedBias Distribution100% Center
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