Recent college grads are doing shockingly well. Can it last?
CNN
They may be at the end of the alphabet, but Gen Z’ers are pretty adept at pushing forward.
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. They may be at the end of the alphabet, but Gen Z’ers are pretty adept at pushing forward. What’s happening: The economy hasn’t been easy for the class of 2020 (and the years around it), but thankfully, it’s getting much better. Those students who graduated from college during the global pandemic, the recession it induced and the topsy-turvy economic environment it left in its wake, have experienced a much faster bounce-back in the labor market and stronger wage growth than any recovery in recent history, according to new research by the Economic Policy Institute (EPI). The unemployment rate for recent college grads — workers between the ages of 21 and 24 — has recovered more than 2.5 times faster than in the aftermath of the Great Recession, researchers at the DC-based think tank found. And recent grads aren’t just finding any job, they’re finding good jobs.
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