Research finds remote work, not AI, is driving graduate unemployment rise
New research from the Federal Reserve Bank of New York challenges the narrative that AI is causing graduate unemployment. Instead, the study finds that widespread remote working since the pandemic has been more damaging to graduate prospects, making employers reluctant to hire young people, particularly in occupations that can be performed remotely.
Key quotes
New research indicates that widespread remote working is making employers reluctant to hire young people.
A study published by the Federal Reserve Bank of New York argues that the rapid expansion of remote work since the pandemic has contributed significantly to rising unemployment among younger college graduates.
Remote working has been more damaging to graduate prospects
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