Is AI to blame for college graduates' hiring woes?
New York Fed data show recent college graduates face a 5.6% unemployment rate, well above the overall 4.2%, versus near parity four years ago. Anthropic CEO Dario Amodei warned AI could halve U.S. entry-level jobs by 2030, but analysts disagree on whether AI is the main cause, with skeptics citing a broad 'low hire, low fire' market.