The job market for young, educated workers is facing significant challenges, as highlighted by the New York Federal Reserve's report showing a 5.8% unemployment rate among recent college graduates. This situation is attributed to several factors: a sluggish recovery from the pandemic and previous recessions, a decline in the labor advantages of college degrees, and the potential impact of artificial intelligence on job roles traditionally filled by young graduates. The recent-grad gap, which compares the unemployment rates of young graduates to the overall economy, has reached a historic low, indicating that new graduates are entering a labor market that is less favorable than in previous decades. As firms increasingly adopt AI technologies, the demand for entry-level positions may continue to shrink, raising concerns about the long-term value of a college education in the evolving job landscape.