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

September 17, 2025

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1 min read

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Fortune

"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]

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Source: Fortune

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