The unemployment rate for recent US college grads has jumped over the past year, while the nation's overall unemployment rate has remained flat, under 4%.
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The college job market offers a warning sign to the US labor market
It’s almost laughable at this point when Bryn Savidge gets a job rejection email. “It’s like they’re all using the same AI algorithm to say, ‘Write this person a rejection letter.’” said Savidge, who graduated from Kenyon College, a small liberal arts college 50 miles from Columbus, Ohio, with a major in environmental science. A classic refrain is “We can tell you really want to change the world, but we’ve gone for more qualified candidates,” she said. “They always add an environmental quip.”
