Remote work, not AI, may be the unemployment problem – NBC4 Washington

https://www.nbcwashington.com/news/business/young-unemployed-remote-work-not-ai-problem/4111068/

Publish Date: 2026-06-01 14:25:00

Here’s a respectful and informative summary listing based on the article you provided:

* A study by the Federal Reserve Bank of New York links the rise of remote work post-pandemic to higher unemployment rates among young, inexperienced college graduates in remotable occupations.
* The unemployment rate for young college graduates in remotable jobs increased by about 1 percentage point from 2017-2019 to 2022-2024.
* In contrast, the unemployment rate declined slightly for older workers in remotable jobs, leading to a pronounced gap between the younger and older workforce.
* There is no significant gap in unemployment rates between younger and older college graduates in non-remotable jobs.
* The study finds that businesses are hesitant to hire inexperienced workers for remote roles due to the difficulty in providing on-the-job training and mentorship.
* It accounts for nearly two-thirds of the rise in the unemployment rate for young college graduates since the pandemic, according to the New York Fed.
* The employment challenges faced by young college graduates seem to pre-date the introduction of AI tools, which had little impact on youth unemployment.
* The report highlights a broader trend of low hiring and high competition in the job market, where those unemployed are facing significant difficulties in finding new employment.