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Record Unemployment for Young Graduates Sparks $25M Initiative

10/22/2025

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Summary

Story summary

The unemployment rate for degree holders aged 22 to 27 is at its highest in more than a decade, excluding the pandemic period.
Companies are hesitant to hire due to economic uncertainty, particularly for IT roles, which has made job searches difficult for recent graduates.
In response, Citi Foundation is investing $25 million to boost youth employability through digital literacy and vocational training.

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Story summary

The unemployment rate for degree holders aged 22 to 27 is at its highest in more than a decade, excluding the pandemic period.
Companies are hesitant to hire due to economic uncertainty, particularly for IT roles, which has made job searches difficult for recent graduates.
In response, Citi Foundation is investing $25 million to boost youth employability through digital literacy and vocational training.