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flag Young Americans under 25 face rising unemployment due to a hiring freeze and weak job turnover, not AI, economists say.

flag Young Americans under 25, especially recent graduates and minorities, are facing rising unemployment amid a stagnant labor market, with top economists and Federal Reserve Chair Jerome Powell attributing the crisis to a broad hiring freeze and reduced labor market dynamism, not artificial intelligence. flag Despite global trends showing strong youth employment elsewhere, U.S. job transitions have slowed significantly, with young jobseekers now taking longer to find work. flag Experts from UBS and Goldman Sachs emphasize that declining job creation and turnover, not automation, are the primary drivers, highlighting a structural slowdown in the economy.

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