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STEM shock: Unemployment for US computer engineering grads more than twice that of art history

A report from the Federal Reserve Bank of New York reveals a surprising trend: US computer engineering graduates face a 7.5% unemployment rate—more than double that of art history majors at 3%. The data challenges long-held beliefs about STEM job security, as humanities and healthcare majors show stronger employment outcomes. Experts cite AI’s impact and the growing demand for soft skills as key factors reshaping hiring priorities across the US labor market.