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Powell Urges Students to Embrace Tech Amid Job Struggles

4/2/2026

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Summary

Story summary

Federal Reserve Chair Jerome Powell addressed 400 students at Harvard University on March 30, 2026, about the challenging job market for young Americans.
He noted that job creation remains weak and that unemployment for 20–24-year-olds is 7.4%.
Powell stressed monitoring inflation amid rising energy prices tied to the Iran war.
He highlighted the long-term outlook and AI's potential to boost productivity, urging students to master new technologies.

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Story summary

Federal Reserve Chair Jerome Powell addressed 400 students at Harvard University on March 30, 2026, about the challenging job market for young Americans.
He noted that job creation remains weak and that unemployment for 20–24-year-olds is 7.4%.
Powell stressed monitoring inflation amid rising energy prices tied to the Iran war.
He highlighted the long-term outlook and AI's potential to boost productivity, urging students to master new technologies.