A quarter of unemployed individuals in the United States hold a bachelor's degree or higher, reaching a record level

In September, the number of unemployed individuals aged 25 and older with at least a bachelor's degree in the U.S. exceeded 1.9 million, accounting for a quarter of the total unemployed population in the country. This ratio has never reached such a high level since data recording began in 1992, and it is not expected to do so again before 2025. Michael Feroli, Chief U.S. Economist at JP Morgan, pointed out that the rising unemployment rate among college-educated individuals "should further exacerbate concerns about job losses triggered by artificial intelligence." Meanwhile, a series of large companies have announced layoffs, including Amazon, Target, and Starbucks. The latest report from employment services company Challenger, Gray & Christmas shows that as artificial intelligence reshapes industry dynamics and cost-cutting accelerates, the scale of layoffs announced by U.S. companies in October is the highest level for the same period in over twenty years.

Risk Warning and Disclaimer

The market has risks, and investment requires caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, views, or conclusions in this article align with their specific circumstances. Investing based on this is at one's own risk