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AI Not to Blame for Youth Unemployment
Bloomberg Tech·
Recent college graduates are facing unemployment rates comparable to recessionary periods, raising concerns about the job market's accessibility for young professionals. However, economist Allison Schrager argues against attributing this trend to the rise of artificial intelligence. Her analysis suggests that other economic factors are primarily responsible for the difficulties young people are experiencing in securing employment, challenging the notion that AI is a direct cause of this specific labor market issue.
Tags
ai
macro
Original Source
Bloomberg Tech — bloomberg.com