Remote work hurting the job market for young college graduates, new research finds
Summary
A study by the Federal Reserve Bank of New York finds that remote work, which became common during the COVID-19 pandemic, may be negatively affecting young college graduates who are starting their careers. The shift to working from home might be making it harder for them to find good job opportunities.Key Facts
- Remote work became very common in the U.S. due to the COVID-19 pandemic.
- The Federal Reserve Bank of New York conducted new research on this trend.
- Their analysis shows that remote work may harm young college graduates entering the job market.
- Young workers might struggle more with finding suitable jobs because of remote work.
- The change in how people work affects employment opportunities for new graduates.
- The report was discussed by New York Times reporter Jodi Kantor on CBS News.
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