{"id":473,"date":"2026-06-01T15:23:43","date_gmt":"2026-06-01T15:23:43","guid":{"rendered":"https:\/\/crosscountrymovingteams.com\/?p=473"},"modified":"2026-06-01T15:23:43","modified_gmt":"2026-06-01T15:23:43","slug":"new-fed-study-shows-remote-work-not-ai-is-driving-higher-unemployment-in-younger-workers","status":"publish","type":"post","link":"https:\/\/crosscountrymovingteams.com\/?p=473","title":{"rendered":"New Fed study shows remote work, not AI, is driving higher unemployment in younger workers"},"content":{"rendered":"
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The study, by the Federal Reserve Bank of New York, compared occupations that can be done remotely \u2014 such as software development \u2014 with those that are done in person, such as nursing. The study finds that the unemployment rate among young college graduates in \u201cremotable\u201d jobs rose by about 1 percentage point from 2017-2019 to 2022-2024.<\/p>\n

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Yet for older workers in those fields \u2014 those aged 29 and over \u2014 the jobless rate declined slightly, leading to a notably higher unemployment rate for college graduates 28 or younger in remotable occupations compared with older ones.<\/p>\n

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Yet in non-remotable jobs, there has been little gap in the unemployment rates between older and younger college grads, the study finds. A similar pattern exists for those without college degrees, the study found.<\/p>\n

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The study concludes that businesses are reluctant to hire new college grads into remote work because it is harder to train and mentor them if they work outside of the office. The authors of the study calculate that remote work is responsible for nearly two-thirds of the rise in the unemployment rate for young college graduates since the pandemic.<\/p>\n

\u201cRemote work has weakened incentives to hire young workers by impeding on-the-job training,\u201d the study said. \u201cEmployers may not want to hire fresh graduates onto distributed teams because it is more difficult to teach them the requisite skills from afar.\u201d<\/p>\n

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The Federal Reserve Bank of New York found companies preferred to hire more experienced workers for jobs that can be done remotely as opposed to non-remote jobs.<\/p>\n","protected":false},"author":1,"featured_media":472,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[],"class_list":["post-473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-unemployment"],"yoast_head":"\nNew Fed study shows remote work, not AI, is driving higher unemployment in younger workers - Cross Country Moving Team<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crosscountrymovingteams.com\/?p=473\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New Fed study shows remote work, not AI, is driving higher unemployment in younger workers - 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