The buzz on college campuses is that AI is disrupting the job market for young college graduates.
But new research from the Federal Reserve Bank of New York finds that the culprit may be something else: remote work.
An analysis of federal employment data, paired with a deep dive into the flexible work arrangements at one unnamed Fortune 500 tech company, reveals that companies are less likely to hire recent college grads into occupations that can be done remotely.
Researchers speculate that employers are reluctant to put such workers in a setting where it’s harder to absorb lessons from coworkers.
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