A new report by Bloomberg Businessweek highlights a growing concern for the Class of 2026: a tightening entry-level job market that could have long-term consequences for the broader economy.
Jesse Rothstein, Professor of Public Policy and Economics at the University of California, Berkeley, and Director of CSHE and the California Policy Lab (CPL), provided key insights into why recent graduates are often the first to feel the impact of an economic shift.
“The labor market is generally softening, and new entrants are always the first place you see it,” Rothstein says.
The article, “A Bad Entry-Level Job Market Is Everyone’s Problem,” notes that the unemployment rate for college graduates aged 22 to 27 rose to 5.6% at the end of last year, up from 4.1% in 2022.
For more details, read the full report in the Bloomberg Businessweek.