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Story summary
- Unemployment for recent graduates has risen to 5.8%, as industries favor artificial intelligence over human labor.
- This trend is especially affecting finance and computer science, where A.I. advancements are rapid.
- Economists and corporate executives warn of a crisis for entry-level workers as firms adopt an AI-first approach.
- Some companies have halted hiring for lower-level positions, opting for A.I. solutions that are cheaper and more efficient.
