Gen Z college grads are bearing the brunt of today's tricky job market

"Here I am, just jobless, applying to so many jobs, no one wants to hire me," the 22-year-old said in a late August TikTok video. She's not alone. Over the past three years, many of the Gen Zers who saw a college degree as a ticket to a job have found themselves unemployed after graduation."

"This means young college grads have been more likely to be unemployed than the broader population, even as the job market has returned to a more normal post-pandemic state over the past two years."

"It's largely due to bad luck: While older workers locked in jobs during the hiring spree of the Great Resignation, the youngest workers are entering the labor market at a time when hiring has slowed significantly, especially for jobs that require a college degree."

"As of the most recent June data, the recent grad unemployment rate was 4.5% - higher than pre-pandemic levels but lower than the levels seen during the Great Recession."

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