On June 30, a new study from the St. Louis Federal Reserve indicated that in the United States, the primary cause of unemployment among young people is a lack of job vacancies rather than a deficiency in artificial intelligence skills. From April 2023 to December of the previous year, the unemployment rate for those aged 18 to 24 rose by 2.9 percentage points due to insufficient job openings. In contrast, the increase in unemployment attributed to employers shifting towards AI-related positions and requiring specialized skills was only 1.1 percentage points. Although the impact of AI remains significant, the former's effect is more than twice that of the latter. The study's authors stated, 'Since April 2023, hiring activity has slowed, and young workers (especially newcomers to the job market) have felt this weakness most acutely. For those just entering the labor market (particularly recent college graduates), AI poses an additional obstacle, but its impact is still smaller than the overall reduction in job vacancies.'