Young and unemployed? Remote work, not AI, may be the problem, study finds
Researchers say remote-capable jobs account for 64% of the rise in unemployment among young college graduates, while artificial intelligence has little effect.
- The New York Fed reported Monday that remote work drives 64% of the recent surge in youth unemployment, with unemployment for young college graduates climbing to 5.6% from 3.6% in 2019.
- Remote work weakens hiring incentives by impeding on-the-job training, researchers wrote; training fresh graduates on distributed teams is harder from afar, making mentorship difficult.
- While unemployment for college graduates 28 or younger in 'remotable' roles spiked, jobless rates for older workers in those same fields declined slightly, the Federal Reserve Bank found.
- "The high unemployment rates of young college graduates are particularly concerning because early-career experiences can have lasting consequences," the authors said. One Fortune 500 company hired fewer inexperienced workers during the pandemic due to mentorship challenges.
- Despite 71% of Gen Z workers preferring hybrid arrangements and only 6% wanting fully on-site work, businesses remain reluctant to hire inexperienced staff into remote roles, complicating career entry.
27 Articles
27 Articles
Why new graduates are losing out in the remote work era
The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, The Associated Press writes based on a study released Monday by the Federal Rank of New York. The study compares occupations that can be done remotely—such as software development—with those that are done in person, such as nursing. The study finds that…
Which Workers Are Being Hit Hardest By The Rise Of Remote Jobs
The rise of remote work may be contributing significantly to higher unemployment among young college graduates, according to new research from the Federal Reserve Bank of New York. The report found that unemployment among recent college graduates increased from 3.6% in March 2019 to 5.6% in March 2026. New York Fed economists estimated that remote work could explain roughly 64% of that increase.According to the researchers, employers may be less…
Associated Press News
Young and unemployed? Remote work, not AI, may be the problem, study finds
The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, a study released Monday has found.
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