The AI job apocalypse hasn't hit recent college grads, at least not yet

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The takeaway: A new analysis of US employment data finds no clear sign that AI has pushed recent college graduates out of the labor market – at least not yet. The paper, published by Munich's CESifo research institute, examined unemployment among bachelor's degree holders ages 22 to 25 who were not enrolled in further education. The researchers found that the group's unemployment rate in summer 2026 was 7.3%, within the range seen in the previous four years.

That result runs counter to growing concern that companies are using generative AI to cut back on entry-level hiring. It also differs from a recent Stanford University study, which found weaker employment trends for younger workers in occupations considered heavily exposed to AI.

CESifo researchers Robert Fairlie and Jane Wu focusedon new graduates because hiring...

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