The presenter “Make the money” Charles Payne collapses in the report of the workshop, which is expected, so far.
Latest college graduates They are outrageously hunt for their first job, but they face one significant problem: the labor market is deteriorating.
Economic Studies of the Federal Reserve Bank of the New York showed that the labor market “markedly deteriorated” in the first quarter of 2025, and those who simply came into labor, the most stringent hits.
Labor Department said the employer Added 139 000 jobs In May, when unemployment was 4.2%. The unemployment rate for all colleges was 2.7%, but the level for those between the ages of 22 and 27 jumped to 5.8%, according to the New York Federal Reserve. This is the highest reading since 2021.
US spike dismissal is nearly 50%when cuts managed by Doogue occupy the central scene
According to Oxford Economics researchers, this unemployment rate among the latest graduates is concerned about the strong labor market.
College students note during the graduate ceremony. (Istock)
“Although we are waiting for the influence of tariffs, Higher inflationAnd the weak demand will lead to a decrease in business and open layoffs in the following months, “the researchers said.
The US Economic Growth Forecast has dramatically shortened the tariffs
They called a slowdown in technology together with the increase in college graduates in computer science as the main cause of unemployment growth among this age group.
Some normalization after post-pandemic overstress also played a factor. However, the researchers stated that there are “signs that entry -level positions are displaced by artificial intelligence with higher tariffs,” the May report said.
(Griffin/Getht Image Passover)
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Researchers predict unemployment rate for recent college graduates who will remain elevated in the near future if these persons are not excited about demand in technology companies or mass outcome. According to the researchers, these scenarios “seem unlikely”.
“While these workers make up only about 5% of the labor, they played a role in the non -governmental unemployment,” the researchers said.
Dr. Nathan Mandragon, Chief Innovation Director for Artificial Intelligence and Human Resource Management Hirevue, stated that the biggest problem for job seekers not just finding jobs, but also stands out when applying for a highly competitive market.
“With the excess of the applicants for each open role, the employer use AI applicants’ tracking systems to filter candidates before a person even sees a resume,” Mondragon said.
