Big Apple college-educated residents have a higher unemployment rate than their less-educated peers for the first time in more than a decade, according to labor statistics highlighted by the city comptroller — who suggested AI might be to blame. New Yorkers aged 22 to 27 with college degrees hit 7.3% unemployment in March 2026 — compared to a 7.1% rate for Gothamites in the same age bracket with no higher education, Comptroller Mark Levine said in a Sunday post on X . Unemployment among college-educated young New Yorkers has been creeping steadily upwards since the spring of 2024, while plummeting among those without degrees since the fall of that year, according to the data compiled by the US Bureau of Labor Statistics.
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