The economy is shutting young adults out of career-entry jobs, analysis finds — from hrdive.com by Laurel Kalser
Artificial intelligence matters, but in a “narrow, early and age-specific way,” researchers at the Federal Reserve Bank of St. Louis said.
Dive Brief:
- The decline in overall job openings, exacerbated by a rising demand for artificial intelligence-related skills, is causing employment opportunities for young adults aged 18 to 24 to deteriorate, according to researchers at the Federal Reserve Bank of St. Louis.
- Between April 2023 — when the U.S. labor market was at its strongest — and December 2025, the employment rate among 18- to 24-year-olds fell by more than 2 percentage points, researchers William Rodgers, III, and Alice Kassens reported in a June 30 post. The decrease appeared primarily as higher unemployment, rather than as labor force exits, “indicating that younger workers were still searching for jobs but with fewer opportunities available,” the authors noted.
- By contrast, there was no comparable slide for workers aged 25-64, whose employment outcomes remained largely stable, the researchers said.