College graduates face toughest job market in more than a decade as hiring slows
- Young college graduates are facing one of the toughest job markets in over a decade, as reported.
- The unemployment rate for degree holders ages 22 to 27 is 5.8%, the highest since 2012, according to recent reports.
- Joblessness among this group exceeds the overall U.S. unemployment rate of 4.2%, indicating a significant gap not seen in over three decades.
- The hiring rate for new jobs has fallen to levels last seen in 2014, when the unemployment rate was higher.
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The Struggles for Young Graduates in a Shifting Job Market
Young graduates are facing an increasingly tough job market, with the unemployment rate for degree holders aged 22 to 27 reaching its highest in a decade. The rise in AI usage and economic uncertainty, partly due to tariff increases, contribute to a challenging employment landscape, impacting the value of a college degree.
·India
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Total News Sources45
Leaning Left10Leaning Right2Center21Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 30%
C 64%
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