‘The Job Market for Young People Is Brutal’

Plain English with Derek Thompson

Something weird is going on with the elevated unemployment rate for young people today, but no one knows what exactly it is.

For the last year, as the unemployment rate for recent college graduates has crept up ominously, one of the questions I’ve reported more deeply than any other is: Is AI replacing young workers’ jobs? To make a long story short: I initially thought yes, then some economists convinced me the answer was no, then some other economists convinced me the answer was yes, then some other people convinced me the answer was no. Clear as mud.

Today’s guest is Rogé Karma. He’s a staff writer at The Atlantic, where he writes about economics. We talk about the labor market for new hires, why young college graduates are so miserable, and why economic vibes are worth paying attention to, even if the official statistics are pointing in another direction.

Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.

Host: Derek Thompson

Guest: Rogé Karma

Producer: Devon Baroldi

Links:
https://www.theatlantic.com/category/work-progress/
https://www.theatlantic.com/economy/2026/04/job-market-artificial-intelligence/686659/

Learn more about your ad choices. Visit podcastchoices.com/adchoices

More description

Something weird is going on with the elevated unemployment rate for young people today, but no one knows what exactly it is.

For the last year, as the unemployment rate for recent college graduates has crept up ominously, one of the questions I’ve reported more deeply than any other is: Is AI replacing young workers’ jobs? To make a long story short: I initially thought yes, then some economists convinced me the answer was no, then some other economists convinced me the answer was yes, then some other people convinced me the answer was no. Clear as mud.

Today’s guest is Rogé Karma. He’s a staff writer at The Atlantic, where he writes about economics. We talk about the labor market for new hires, why young college graduates are so miserable, and why economic vibes are worth paying attention to, even if the official statistics are pointing in another direction.

Subscribe to our YouTube channel here: https://www.youtube.com/@PlainEnglishwithDerekThompson

If you have questions, observations, or ideas for future episodes, email us at PlainEnglish@Spotify.com.

Host: Derek Thompson

Guest: Rogé Karma

Producer: Devon Baroldi

Links:
https://www.theatlantic.com/category/work-progress/
https://www.theatlantic.com/economy/2026/04/job-market-artificial-intelligence/686659/

Learn more about your ad choices. Visit podcastchoices.com/adchoices

2026-04-10 67 min
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