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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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.
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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