19 Mar 2026 | 5 Mins Read
Larry Fink warns AI may intensify Gen Z's job search struggles
Flipitmoney
The class of 2026 may face an unusually high unemployment rate, with BlackRock CEO Larry Fink warning of a deeper structural shift in entry-level hiring due to AI eroding traditional first-run jobs. The unemployment rate for recent graduates stands at 5.6%, near decade highs, and job postings have fallen by 16% while applications per role have risen 26%.