US faces a record wave of jobless college graduates as AI reshapes white-collar work

Americans with bachelor’s degrees now account for a record quarter of the nation’s unemployed, as new BLS data reveals a sharp slowdown in white-collar hiring. Joblessness has risen to 2.8 percent for degree-holders, driven by AI-led restructuring, corporate layoffs, and weakening professional sectors, leaving young graduates and seasoned workers navigating a rapidly shifting labour market.

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