Graduate Hiring Pressures and Policy Challenges in a Shifting Global Landscape

This Northern Trust Weekly Economic Commentary provides an in-depth assessment of U.S. graduate employment, Swiss trade pressures, and data reliability concerns.

• Labor market strain: Recent U.S. college graduates face 20% higher unemployment than the national average, with AI adoption displacing traditional entry-level roles and raising questions about the long-term value of higher education.

• Tariff tensions: Switzerland faces a punitive 39% U.S. tariff—its highest among developed peers—though exemptions for pharmaceuticals and gold soften immediate GDP risks.

• Data reliability: Roughly 15% of CPI prices are now imputed, raising concerns about statistical accuracy and policymaking.

What long-term shifts could these dynamics signal for investors and policymakers? Explore the full report for detailed insights.