New grads, fewer jobs: A cooling signal for the U.S. labor market

The job market may be sending a warning signal — and this time, it’s aimed at new college grads.

According to Deloitte, the unemployment rate for new graduates is now at a decade high — nearly closing the historic gap between them and the broader youth labor force.

Source: https://www.deloitte.com/us/en/insights/topics/economy/global-economic-outlook/weekly-update.html