Hi, I'm Peter Coy.
I write for the opinion section of The New York Times.
Recently, what I've really been fascinated and really appalled by is how hard it is for smart young people coming out of college
to find jobs that use their skills they developed in school.
We have a fairly low unemployment rate, below 4%,
below the long-term average.
It should be a good time to find a job.
And yet, when I talk to new college graduates,
they're saying they can't find jobs.
And it just strikes me as kind of strange and something that really requires an explanation.
I have this newsletter on economics, business, and finance,
and it's just a great way for me to look into topics that fascinate me and also to engage with readers.
So I reached out and sent out a blast and said,
"Please write in and tell me about your experience, class of '24.
How's it going?"
And responses I got were, on the whole, pretty depressing.
It has been a frustrating process, to say the least.
I am sending around 500, 600 applications.
I would say 350. I'm not getting any feedback.
Zero. Zero interviews.