the New York Fed
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
Remote work is worsening youth unemployment, New York Fed finds
Both remote work and youth unemployment are on the rise since the Covid pandemic — and the two trends are related, according to new research by the Federal Reserve Bank of New York. The unemployment rate for young college graduates swelled to 5.6% in March 2026 from 3.6% in March 2019, the New York Fed economists wrote in a blog post published Monday. They estimate that remote work can account for 64% of the recent increase.
Household worries over finances hit highest level since July 2022, New York Fed survey shows
U.S. households grew more worried over their financial situation, with the share of those seeing things as much worse than they were 12 months ago hitting a nearly four-year high, according to a Federal Reserve Bank of New York survey. While the central bank's monthly Survey of Consumer Expectations, released Monday, showed the inflation outlook mostly unchanged, the general perception of conditions deteriorated. The share of those seeing their current situation as "much worse" than a year...
Remote work blamed for rise in unemployment rate for recent college grads
Remote work blamed for rise in unemployment rate for recent college grads These findings align with the current ‘low-hire, low-fire’ state of the job market - Bookmark The surge in remote work since the pandemic has made businesses less inclined to hire young, inexperienced staff, emerging as the primary factor behind elevated unemployment rates for recent college graduates, a new study has revealed. Published Monday by the Federal Reserve Bank of New York, the research compared occupations...
Young and unemployed? Remote work, not AI, may be the problem, study finds
Young and unemployed? Remote work, not AI, may be the problem, study finds Andrew Zinin Lead Editor The rise of remote work since the pandemic has made businesses more reluctant to hire young, inexperienced workers and is the key driver of higher unemployment rates for recent college graduates, a study released Monday has found. The study, by the Federal Reserve Bank of New York, compared occupations that can be done remotely—such as software development—with those that are done in person,...
Fed’s Williams Quips Economist Jobs Are Safe as AI Shift Unfolds
New York Fed President John Williams at the Reykjavik Economic Conference in Reykjavik, Iceland, on Thursday, May 28.
Remote work -- not AI -- has sidelined recent college graduates, research finds
Research from the New York Fed finds that younger college graduates have been sidelined by remote work in recent years, as companies may be reluctant to hire those needing more training and mentoring.(Image credit: Maksym Belchenko)
Remote work -- not AI -- has sidelined recent college graduates, research finds
Research from the New York Fed finds that younger college graduates have been sidelined by remote work in recent years, as companies may be reluctant to hire those needing more training and mentoring.(Image credit: Maksym Belchenko)
John Gotti's grandson allegedly attacked girlfriend days before reporting to prison for COVID fraud
The grandson of the late Mafia boss John Gotti is facing assault charges after allegedly attacking his girlfriend—just days before he was slated to report to prison to serve time for stealing COVID-19 relief funds. Carmine Gotti Agnello, 39, allegedly attacked his girlfriend in a jealous rage just before 10:30 p.m. Tuesday in his Long Island, New York, home after accusing her of cheating on him, the New York Post reported. The woman eventually fled the house.
Bond Trader Bets on Fed Hike Poised for Gut Check From Jobs Data
Workers erect scaffolding at the site of an office tower under construction at 350 Park Avenue in New York, US, on Friday, May 15, 2026. Vornado Realty Trust's 62-story development on Park Avenue for Ken Griffin's Citadel is at risk due to New York City Mayor Zohran Mamdani's comments on a new tax proposal.
Remote work – not AI – is killing job prospects for the youth
Fresh college graduates frozen out of the job market shouldn't blame AI for their struggles, says the New York Federal Reserve. Instead, get angry at the rise of remote work. According to the Fed's analysis, youth unemployment has risen significantly since the coronavirus pandemic, and hasn’t receded in the same way that unemployment numbers for older, more experienced college graduates has in recent years.