More difficult for recent graduates to find jobs

For the Washington Post, Federica Cocco and Taylor Telford report on the increasing difficulty for recent college graduates to find jobs.

The squeeze is hardest on those just starting out. At one point last summer, new workforce entrants made up a larger share of the unemployed than at any point since the late 1980s — higher even than during the Great Recession.

When hiring slows, the door closes first on those without an existing foothold. For the class of 2026, the timing could hardly be worse.

Fewer entry level jobs, more applications per job, and older people working longer have nudged unemployment for recent graduate above the national average. I think the yellow line for all workers should’ve been a dashed neutral color to draw attention to the comparison.