AI is f**king up everything.
Census Bureau study finds AI-exposed college graduates are losing jobs and income
A new Census Bureau working paper found that graduates in the most AI-exposed college majors experienced a 5-percentage-point decline in initial employment and a 13% decline in initial earnings after the introduction of ChatGPT. Researchers compared graduates across majors with different levels of exposure to AI.
This is the broader story behind Weis’s experience. The problem may extend beyond one Princeton graduate: the people entering the workforce are facing a labor market that is changing while they are trying to get their first jobs.
https://www.census.gov/library/working-papers/2026/adrm/CES-WP-26-56.html
New York Federal Reserve finds 42.5% of recent college graduates are underemployed
The New York Fed’s latest quarterly update puts recent college graduate underemployment at 42.5% in the third quarter of 2026, even though unemployment improved to 5.2%.
Underemployment means graduates are working in occupations that typically do not require a college degree.
That puts the Princeton case into a wider context: getting a degree no longer guarantees that someone will find work matching their education.
https://www.newyorkfed.org/research/college-labor-market
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