How AI Is Killing The Value Of A College Degree

Youth unemployment in the U.S. is rising. For 16-to-24-year-olds, the unemployment rate jumped from 6.6% in April 2023, the lowest since the pandemic, to 10.4% in September, according to the Bureau of Labor Statistics. Recent college graduates are particularly struggling to find jobs, prompting economists at The Burning Glass Institute to describe the situation as “no country for young grads.” Watch the video to find out why these young minds are not landing jobs, whether AI plays a role, and what this means for the economy. Chapters: 0:00: Introduction 1:47: Chapter 1 - Why youth unemployment is rising 6:59: Chapter 2 - Economic impact 8:42: Chapter 3 - Navigating the job market Produced by: Anuz Thapa Edited by: Andrea Miller Narration by: Jordan Smith Graphics by: Jason Reginato, Emily Park Senior Director of Video: Lindsey Jacobson Additional Footage: Getty Images, Michael Lavin » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to level up your AI skills? Sign up for Smarter by CNBC Make It's new online course, How To Use AI To Communicate Better At Work. Get specific prompts to optimize emails, memos and presentations for tone, context and audience. Sign up today: https://cnb.cx/47ELu8O Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC How AI Is Killing The Value Of A College Degree