Remote work - not AI - is killing job prospects for the youth
A New York Federal Reserve analysis suggests that the rise of remote work, rather than AI, is the primary driver behind increased youth unemployment since the pandemic. The report argues that remote environments hinder the ability of managers to effectively train and mentor less-experienced employees.
Why it matters
This finding challenges the prevailing narrative that AI is the main threat to entry-level job prospects and highlights the structural challenges of distributed workforces.
Young professionals may be perfectly productive while working from home, says the New York Fed, but the quality of their output isn't so great, so companies don't want to hire them
The article reports on a specific economic study and provides context on the debate between remote work and productivity.
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