"A recent Federal Reserve analysis showed that the unemployment gap between high school and college graduates has been narrowing since the 2008 recession and now sits at around 2.5 percentage points, down from an average of five percentage points from roughly the 1980s to early 2000s. The National Association of Colleges and Employers' 2026 Job Outlook Survey found that employers expect hiring for the Class of 2026 to remain flat. Next year's job market likely won't improve for college graduates."
"But even though huge corporations like Amazon, Target and Klarna say they are laying off tens of thousands of employees because of AI, they do not represent the majority of employers. Like the rest of us, most companies are still figuring out AI. In the NACE survey, nearly 59 percent of employers said they are not planning to or are unsure whether they'll augment entry-level jobs with AI, and just 25 percent said they're currently discussing it."
AI is changing the entry-level job market but is not the primary reason recent college graduates struggle to find work. Economic uncertainty and a surplus of degree holders contribute more to high unemployment among young degree recipients than automation. The unemployment gap between high school and college graduates has narrowed to about 2.5 percentage points since the 2008 recession. Employers expect hiring for the Class of 2026 to remain flat. Most companies are still determining how to use AI; many report they are not planning to or are unsure about augmenting entry-level roles. Policymakers are increasing pressure on colleges to demonstrate degree value.
Read at Inside Higher Ed | Higher Education News, Events and Jobs
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