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Weak Hiring Is Hurting Young Workers More than AI, Study Says

Weak Hiring Is Hurting Young Workers More than AI, Study Says
Bloomberg Technology Tuesday 30 June 2026, 09:30 UTC By Michael Sasso 1 min read
Key Points

Weak Hiring Is Hurting Young Workers More than AI, Study Says A shortage of job openings in the US is playing a much bigger role in young people’s unemployment than their lack of artificial intelligence skills, according to a new study from the Federal Reserve Bank of St. Louis. The unemployment rate among 18- to 24-year-olds rose 2.9 percentage points between April 2023 and December of last year because of a lack of job openings. That’s more than double the 1.1-point increase seen from...

Weak Hiring Is Hurting Young Workers More than AI, Study Says A shortage of job openings in the US is playing a much bigger role in young people’s unemployment than their lack of artificial intelligence skills, according to a new study from the Federal Reserve Bank of St. Louis. The unemployment rate among 18- to 24-year-olds rose 2.9 percentage points between April 2023 and December of last year because of a lack of job openings. That’s more than double the 1.1-point increase seen from employers shifting to more AI-related jobs and demanding specialized skills, though the AI effect remains significant.
Study (ORG) US (LOCATION) the Federal Reserve Bank of St. Louis (ORG) AI (ORG)
Originally published by Bloomberg Technology Read original →

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