[happymellon]

Bullshit.

As someone who has hired plenty of grads over the past 6 years, but found that the past 2 has really tailed off, this reads like:

Not exercising, not injected sugar in your food, causes obesity, Big sugar finds.

Or

Eating grilled food, not smoking cigarettes, causes more cancer, big tobacco finds.

[akanet]

Are you implying that the federal reserve bank of New York has an incentive to mislead? Did you examine the study methodology?

[happymellon]

Yes, and it was completely crap.

Stopping at 2024 might be reasonable because you don't have data for 2025 and the current state of 2026, but it leaves a massive hole in AI affected time frames.

There was absolutely nothing there that could even imply that AI isn't the current problem for young unemployment. It's like saying that your data only goes up to 1700s, so therefore global climate change is probably more affected by the Boston Tea Party than industrialisation.

[ggiigg]

It is not by the federal reserve bank of New York

> The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

Also, they studied one company

> Working with proprietary data from a Fortune 500 company, we are able to shed light on the underlying reasons for these labor market changes.

So, yea, going to call BS. Most of their work is on the effect of remote work within a single company and they are tacking on AI as it is topical.