'Into a Void': Young US College Graduates Face Employment Crisis
- In the first quarter of 2025, recent US college graduates faced a 5.8% unemployment rate, higher than the overall rate and the highest since November 2013.
- Analysts attribute the hiring downturn to a cyclical post-pandemic slowdown combined with policy swings under President Trump, driving the decline in new graduate employment.
- Research from Gusto shows 16% decline in new graduate hiring in early 2025, while Martin's research indicates a 40% drop in professional and business services openings since 2021.
- For many graduates, high unemployment and limited job prospects lead to years of earnings depression, as shown by Bremer's need to take unrelated work after graduating.
- Employers project only a 0.6% increase in graduate hiring, with 11% planning to reduce new-grad intake, reflecting a persistently weak outlook, according to survey data.
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91 Articles
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