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New York Fed analysis links remote work to rising youth unemployment

The New York Federal Reserve Bank released an analysis indicating a potential link between remote work and rising youth unemployment rates since the pandemic. The report highlighted a 20 percent increase in joblessness among college graduates under 29 years old.

The New York Federal Reserve Bank published an analysis on June 4, 2026, suggesting that the increase in youth unemployment rates since the onset of the COVID-19 pandemic may be associated with the rise of remote work. The report referenced census data indicating a 20 percent increase in the jobless rate among college graduates under the age of 29.

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Remote work may be locking younger workers out of labor force: NY Fed

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New York Fed analysis links remote work to rising youth unemployment

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