Oguntola Olawale: New York Federal Reserve reports 5.6% unemployment for recent grads in 2026. In 2026, recent college graduates are faci

New York Federal Reserve reports 5.6% unemployment for recent grads in 2026. In 2026, recent college graduates are facing a challenging job market characterized by a 5.6% unemployment rate, significantly higher than the 3.1% rate for all college graduates and the 4.2% average for all workers. This difficult landscape is largely attributed to economic uncertainty and rising interest rates, which have particularly affected sectors like technology and finance where graduates typically seek employment. Additionally, AI technology is now taking over many traditional entry-level tasks, further limiting opportunities for new entrants into the labor force. Despite these challenges, there is notable demand for emerging roles such as AI engineer and marketing coordinator, indicating a shift in the skills valued by employers. SOURCE: Gloria Terminal

Posted by Oguntola Olawale (@thewaleogun) on .

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