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Jeffrey Ohl's avatar

>"The underemployment rate for recent college graduates (22-27 with a BA) is over 40% on ?top of that (not even seasonally adjusted) 5.3%, a huge percentage of college graduates can’t find jobs that would justify having gone to college or has a good career path, and the job matching and hiring markets have broken down."

It does seem like AI is already having labor market effects, but I'm not clear how to put this 40% number in context. The underemployment rate for recent college graduates was above 40% for ~all of 2004-19, and has been above 36% since 1990. (https://www.newyorkfed.org/research/college-labor-market#--:explore:underemployment)

David's avatar

Really appreciate you doing these writups. I have two ideas to make these easier to navigate. First, put a link to the Table of Contents at the end of each section. Second, include the Table of Contents number in each header. Hope these suggestions are helpful, but if not feel free to ignore.

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