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Young Graduates Face Record High Unemployment at 6.6%

6/17/2025

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Summary

Story summary

The national unemployment rate is around 4%, but young graduates face a 6.6% rate, the highest in ten years.
Graduates aged 22-27 have a 5.8% unemployment rate, reflecting a significant 35-year high gap.
Entry-level job openings have decreased by 17% since 2019 due to reduced hiring.
High school graduates face an even higher unemployment rate of nearly 15%.
The tech and finance sectors are slowing down, with AI taking over junior positions.

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Story summary

The national unemployment rate is around 4%, but young graduates face a 6.6% rate, the highest in ten years.
Graduates aged 22-27 have a 5.8% unemployment rate, reflecting a significant 35-year high gap.
Entry-level job openings have decreased by 17% since 2019 due to reduced hiring.
High school graduates face an even higher unemployment rate of nearly 15%.
The tech and finance sectors are slowing down, with AI taking over junior positions.