Amid the debate over AI’s role in limiting job opportunities for Gen Z, there is also the fact that for decades many parents have been encouraging their kids to go to college.

That means the share of the workforce with a bachelor’s degree is larger than it was in prior generations, creating a new dynamic for Gen Zers who have just finished college and are looking to launch their careers.

In a note on Thursday, Ed Yardeni, president and chief investment strategist at Yardeni Research, examined unemployment among recent college grads and the potential factors contributing to it.

He pointed out that graduates from the age of 22 to 27 have historically enjoyed a lower jobless rate than the overall workforce. But that started to change around 2015—well before the advent of OpenAI’s chatbot i

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