Report: AI Created Recession-Like Job Market for Some New Grads
Higher EducationEconomics
THE AI ANGLE
Depressing entry-level pay and hiring for exposed college majorsA study by Census Bureau economists found that generative artificial intelligence reduced starting earnings and hiring rates for graduates in exposed majors such as computer science and accounting. Initial earnings for these workers fell thirteen percent, matching losses seen during a major recession. Many graduates shifted into lower-paying retail and restaurant jobs.
THE TEACHING ANGLE
Instructors and students can evaluate how colleges should adapt their degree programs when technical majors face recession-level wage drops upon graduation.Read the original at insidehighered.com Generate teaching or study materials
More in Higher Education
- Further results on AI and labor market reallocationMarginal Revolution · September 22, 2026
- AI and Financial RegulationKnowledge at Wharton · September 22, 2026
- AI could be a bubble and is not yet making Australia more productive, Michele Bullock saysThe Guardian — Technology · September 22, 2026
- AI's Role as Research Assistant Calls into Question Ownership of Scientific DiscoveriesCampus Technology · September 22, 2026
- Intergenerational Report says AI will be ‘a defining influence’ on Australia’s economy over next 40 yearsThe Conversation — AI · September 21, 2026