AI Plays Role in Weak Labor Market for College Grads, Dallas Fed Says

Dow Jones
3小時前

1443 ET - After the 2022 release of ChatGPT, recent graduates from more-exposed majors to AI at Texas universities experiences a 1.7 percentage point drop in the probability of finding employment in Texas within a year of graduating relative to graduates from less-exposed majors, an analysis from the Dallas Fed finds. "Students from more-exposed majors who found jobs after 2022 earned 5 percent lower wages relative to earnings changes for less-exposed majors," the analysis says.

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