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commandlinefanyesterday at 8:56 PM1 replyview on HN

I didn't read the article (paywalled), but did the headline is "young graduates face the grimmest job market in years". Did they address how many years? I've seen now compared to 2000 & 2008, which were bad, but that we bounced back from. Is it the grimmest job market in years or the grimmest in centuries?


Replies

randcrawyesterday at 9:54 PM

According to the article's graph of the fresh grad unemployment rate, the present climate is about as bad as in 2003 but less than a third as bad as it was in 2010. Unemployment during the pandemic spiked well above 2010, but only briefly, before returning to pre-pandemic level.