1108 ET - Last year, youth unemployment due to artificial intelligence was a major area of concern, but the jobless rate appears to be past its peak for the group of 20-24 year olds, an analysis from BofA suggests. After the unemployment rate hit near decade highs in the second half of 2025, the rise was likely a combination of slower hiring, post pandemic normalization and lower labor demand in some sectors amid faster AI uptake, rather than AI displacement alone, they write. Still, BofA says the 25-34 years cohort remains under pressure, reflecting softer demand for early-to-mid-career roles, including college-educated workers. (jessica.coacci@wsj.com)

(END) Dow Jones Newswires

April 17, 2026 11:09 ET (15:09 GMT)

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