Citi Foundation is putting $25M toward tackling young adults' unemployment and AI labor disruptions

NEW YORK (AP) — Young jobseekers, challenged by a rapidly changing labor market, are having a tough time.

The U.S. unemployment rate for 22- to 27-year-old degree holders is the outside of the pandemic. amid so much economic uncertainty. The hiring slump is especially hitting professions such as information technology that employ more college graduates, creating nightmarish job hunts for the . Not to mention fears that artificial intelligence will replace entry-level roles.