Source: Ars Technica
Despite widespread predictions that AI would devastate entry-level hiring, recent unemployment data shows new graduates in AI-impacted fields are finding work at rates comparable to or better than previous years. The disconnect suggests either that companies are integrating AI tools into existing workflows rather than eliminating junior roles, or that early labor market data is lagging behind actual displacement. If entry-level job prospects stabilize, younger consumers' purchasing power and student loan repayment capacity improve, directly shaping retail trends and financial stress levels in the next 18-24 months.