💨 Abstract
The American job market is slowing down, with new college graduates facing particular difficulties in securing jobs. The unemployment rate for young college graduates reached 5.8% in March, the highest since 2012. Job growth has decelerated from previous years, with employers adding fewer jobs monthly in 2025. Factors like higher interest rates, import taxes, and reduced foreign worker availability are contributing to the slowdown.
Courtesy: WTOP Staff
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