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NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having a tough time.
At a Glance:
Citi Foundation launches $25M Global Innovation Challenge
50 nonprofits to receive $500K each for youth job training
Programs focus on AI literacy, digital skills, and soft skills
Grantees like NPower and Per Scholas expand career access
The U.S. unemployment rate for 22- to 27-year-old degree holders is the highest in a dozen years outside of the pandemic. Companies are reluctant to add staff amid so much economic uncertainty. The hiring slump is especially hitting professions such as information technology that employ more college graduates, creating nightmarish job hunts for the increasingly smaller number who do complete col

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