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Young college graduates are facing a tough job market, with the highest unemployment rate in over a decade, especially for those aged 22 to 27.
The rise in unemployment among young graduates is attributed to economic uncertainty, potential impacts of AI on entry-level positions, and concerns about the value of a college degree.
The overall U.S. unemployment rate remains low at 4.2%, but job gains are concentrated in sectors like healthcare and hospitality, while professions with more college grads have seen limited growth.
AI's influence on job opportunities for young graduates, particularly in IT, is a growing concern, with some companies emphasizing AI over human hiring.
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