New college graduates looking for work now are finding a tighter labor market than they expected even a few months ago.
The unemployment rate for recent college grads reached 5.8% in March, up from 4.6% the same time a year ago, according to an April report from the Federal Reserve Bank of New York.
Job postings at Handshake, a campus recruiting platform, are down 15% over the past year, while the number of applications has risen by 30%.
Read more at CNBC.
