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Graph of new college graduate unemployment compared to the national average, with new graduate unemployment surpassing the national average for the first time in 2022, when ChatGPT was released and the AI revolution began.

Eileen Zhang

Is AI why college grads can’t find jobs?

You can’t step outside these days without hearing someone talking about AI’s impending slaughter of white-collar jobs. So far, the evidence that AI is shifting the broader labor market is thin, but among new college graduates, the story looks different – unemployment is rising faster for them than for the workforce overall.

Since we opened the Pandora’s Box of chatbots, new grads have faced higher unemployment than the national average for the first time in decades. Which raises the question: are they the canaries in the coal mine that AI-driven job disruption has begun?

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