Job Market Decline Hits Young Workers Hardest

Reported 2 months ago

The U.S. job market is cooling, particularly impacting younger workers aged 16 to 24 who are finding it increasingly difficult to secure employment. Recent data shows a rise in unemployment rates for this demographic, highlighting a shift from the tight labor market conditions experienced during the pandemic. Young job seekers, once in demand, are now facing heightened competition and more selective hiring processes. Experts advise that upcoming graduates may need to be more strategic and patient in their job search as employers plan to hire fewer new graduates than in previous years.

Source: YAHOO

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