How bad is the youth labor market today? Well, the sky isn't falling, as I posted a while ago (bsky.app/profile/brad...), but here's some additional data for context.

Brad Hershbein@bradhershbein.bsky.social · 3mo ago

#econsky Why do so many econ reporters think the sky is falling for young college grads? Here's some perspective to help: (1/11)

#econsky Why do so many econ reporters think the sky is falling for young college grads? Here's some perspective to help: (1/11)

This month’s @upjohninstitute.bsky.social NHQI, special for Labor Day, examines the *actual* reported wage growth of newly hired workers. (Typically, the NHQI is based on occupational wages, capturing “earnings power” but not individual self-reported wages.) www.upjohn.org/sites/defaul.... 1/20

Derek Thompson @dkthomp.bsky.social) has an interesting new Substack blog that echoes the trendy pundit finding that unemployment rates for new college grads are at record highs relative to the overall employment rate. open.substack.com/pub/derektho...

Young People Face a Hiring Crisis. AI Is Making It Worse.

Artificial intelligence is transforming the entire pipeline from college to the workforce: from tests and grades to job applications and entry-level work.

open.substack.com

This month's NHQI, www.upjohn.org/sites/defaul..., shows earnings power of new hires ticked up 0.3 percent even as hiring rates are near record lows, down 8.1 percent from before COVID. 1/8

This great group of junior scholars will study topics of critical interest to the Upjohn Institute and all of us. Congratulations to all the winners amidst a very competitive applicant pool! See the list at www.upjohn.org/news/upjohn-...

Upjohn Institute announces 2025 Early Career Research Awards

upjohn.org

As we appear headed for more economic turmoil, I wanted to share the latest New Hires Quality Index from @upjohninstitute.bsky.social, which tracks the earnings power of newly hired workers: www.upjohn.org/nhqi