New York Fed links remote work to youth unemployment (opens in new tab)

The Federal Reserve Bank of New York said in research published Monday that the spread of remote work since the pandemic has made employers less willing to hire young, inexperienced workers, contributing to higher unemployment among recent college graduates. The study compared jobs that can be done remotely, such as software development, with in-person occupations such as nursing, and concluded that remote work can explain 64% of the recent increase in unemployment among young college graduat...