Unemployment at Nearly 40-Year-High, US College Grads Face ‘AI Anxiety’

With unemployment among college graduates at its highest level (now above 4.5 percent) in nearly 40 years—and above the national average for the first time—experts say the graduates are experiencing “AI anxiety” and offer insights on how to stand out in a “flooded market.”
A research note shared with The Epoch Times on Sep. 3 by the Bank of America Institute indicates that unemployment among college graduates is at its highest since 1988.
“Young workers’ unemployment rate has been increasing over the past few months, and in the last few years, the unemployment rate of recent graduates has surpassed overall unemployment—a reversal from pre-pandemic trends,” said Liz Krisberg, head of the Bank of America Institute, and Chris Tinsley, senior economist at the bank’s economic research group….