Something strange, and potentially alarming, is happening to the job market for young, educated workers. According to the New York Federal Reserve, labor conditions for recent college graduates have “deteriorated noticeably” in the past few months, and the unemployment rate now stands at an unusually high 5.8 percent. Even newly minted M.B.A.s from elite programs are struggling to find work. Meanwhile, law-school applications are surging—an ominous echo of when young people used graduate school to bunker down during the great financial crisis.
https://www.theatlantic.com/economy/archive/2025/04/job-market-youth/682641/
