Powell on the Gen Z hiring nightmare: 'Kids coming out of college ... are having a hard time' | NYGazet

"You've got a low firing, low hiring environment" in the economy right now. When asked if it's AI, Powell shrugged: "there may be something there."

Recent labor reports indicate that, indeed, it’s hard out there. The Black unemployment rate climbed above 7% in August, while the rate for recent graduates has surged above the overall rate for the first time in recent history. Apollo Global Managem... [3083 chars]