Recent graduates of universities in the United States are dealing with the most difficult working environment because unemployment in young adults is higher than in more than ten years.
This unusual trend, with the exception of pandemic time, leaves students fresh from American universities burdened with student debt and tries to provide their first full -time job.
“Extremely unusual” situation
Official data show that unemployment of young, recent graduates from US universities is currently 5.8%, which has been the highest since November 2013 (with the exception of 15 months in Covid Pandemia).
In particular, this figure remained stubbornly higher than the total unemployment rate that stabilized between approximately 3.5 and 4% post-pandemic. Analysts call it a “very unusual situation”.
Weakening the labor market and freezing hiring
The labor market with the new GRADS has been permanently weakened since 2022, with the new hired by 16% in 2025 year -on -year, AFP reported.
Analysts attribute this decline to the following factors:
- Cyclic post-pandemic retarding hiring, which hires a large number of new levels, such as technology, finance and business information, records slowing.
- Economic uncertainty- the “stormy early days” of Trump’s administration contributed to the overall economic uncertainty, which caused companies to freeze hiring.
- The decline in opening for professional and business services – the appeal of work services has decreased in these fields by more than 40% since 2021, while working places in the technological sector have been disproportionately influenced.
Artificial intelligence factor
While the slower pace of hiring due to the fact that companies “correctly” are a factor in the previous high rates, the potential impact of AI on jobs is also discussed.
“A mere decline also points to the impact of AI,” Matthew Martin, Senior Economist in Oxford EconomicStold AFP, signals the potential of artificial intelligence technology to eliminate some roles at the basic level.
Also read | The US economy adds 1,47,000 jobs in June, unemployment rate at 4.1%
However, Gregory Daco, the chief economist of Ey-Parthenon, warns against jumping to the conclusion that AI has already started to eliminate the roles of the basic level and stressed that most companies are still in the early stages of the reception of these technologies.
The installation of a student debt
According to official data, the US is perhaps the most expensive country for higher education, with an average price of $ 27,673 per year for higher education.
In 2020, 36.3% of US university students dated, the data show, and the initiative for education in the field of educational data reports the average debt of student loans for completing students at $ 29,550.
Even without student loan debt, however, the weakening labor market can let some recent graduates feel that they are stretched.
Also read | US unemployment requirements are falling but unemployment rates in June are likely to increase
In a similar case, the 25 -year -old Katie Bremer, who graduated from the University of Dual Grade of Environmental Science and Public Health in 2021, could not be full -time for more than a year.
She gradually found one, but not in her field, and even then had to supplement her income by babysitting. “I felt like I was constantly working,” AFP said.
Future Labor Market outlook
Martin warned that “it is likely to deteriorate before it will improve”.
Analysts reflected a similar outlook and said there was little hope on the immediate horizon, because it would probably take some time for the labor market to remedy. This modification will probably be students who choose different large companies.
Also read | A third -year student refuses to offer us a job because he needs to keep the camera
The ongoing challenges are concerned with concerns among recent graduates about their long -term financial stability and the ability to achieve milestones for young adults, the press agency reported.
(Tagstotranslate) recent university graduates
