AI Accelerates Hiring Shifts Away from Recent Graduates
A New York Fed report shows the job market for 22–27 year-olds weakened last year, with Powell linking AI to reduced entry-level hiring. An Oliver Wyman survey finds 43% of CEOs plan to cut junior roles and 30% are shifting hiring to mid-level positions, while 74% are freezing or reducing headcount. Although AI deployment is widespread, ROI is still uncertain, and the shift toward later-stage roles threatens the youth talent pipeline and on-the-job training for younger workers.