AI was supposed to hit new grads hard. So far, unemployment data says otherwise.

Back to the digital bread lines AI was supposed to hit new grads hard. So far, unemployment data says otherwise. “There is no evidence of any significant, widespread displacement or reduction in hiring.”

4 Credit: DBenitostock/Getty Credit: DBenitostock/Getty Text settings Story text Size Small Standard Large Width * Standard Wide Links Standard Orange * Subscribers only Learn more Minimize to nav Last month, we shared word of a Stanford University study that found entry-level employment in so-called “AI-impacted” occupations lagging well behind that in other fields. Now, a new working paper from economics researchers at Munich’s CESifo finds the opposite, arguing point blank that “there is no evidence of any significant, widespread displacement or reduction in hiring of recent college graduates in absolute or relative levels.”