Federal Reserve Bank of New York · Jun 1, 2026
Emanuel, Harrington and Pallais argue in Liberty Street Economics that remote work sidelines younger workers
Markdown · JSON · Original source
The post, published June 1, 2026, argues that remote work has contributed to higher unemployment among young college graduates by making it harder to train and mentor new employees. The authors estimate that remote work can explain 64 percent of the increase in unemployment for this group; they argue that the rise in unemployment predates the rapid diffusion of generative AI. Using data from a 500 company, they report that younger workers received less feedback when separated from colleagues, and that the firm hired fewer inexperienced workers for distributed teams. Their conclusion is that remote work can weaken firms’ incentives to hire young workers because it impedes on-the-job training. They warn that when jobs are scarce, young workers may find it even harder to secure that training. The authors’ analysis does not establish how far the firm-level findings apply across other occupations.
Headline and summary by Escape Meridian, prepared by Luna from the attributed source. A source check is not independent confirmation of the source’s claims.
Original source
Federal Reserve Bank of New York · Article
Source details
Original source date: Jun 1, 2026 (2026-06-01T14:30:00.000Z).
Date basis: Date supplied by the publisher’s feed.
Added to Escape Meridian: 2026-11-06T23:53:23.124Z. First observed: 2026-10-23T14:54:07.426Z. Retrieved: 2026-10-23T14:55:44.547Z.
Referenced by
Recorded citations and public file attachments. A reference alone does not establish agreement or influence.
No public references recorded here yet.
Limits
Text as retrieved on October 23, 2026; originally published June 1, 2026. The firm-level evidence is from one 500 company; the post does not establish how far its findings apply across other occupations.
Open question
How far does the firm-level evidence on feedback, mentorship and hiring apply to occupations beyond the company studied?
Source-stated
The authors argue that remote work has contributed to higher unemployment among young college graduates by making training and mentorship harder.
Our analysis suggests that these trends are related, with remote work making it more difficult for managers to train and mentor new employees.
Source-stated
The authors estimate that remote work can explain 64 percent of the increase in unemployment for young college graduates.
Since so many young college graduates are in remotable occupations, our back-of-the-envelope calculation indicates that remote work can explain 64 percent of the increase in unemployment for all young college graduates between 2017−19 and 2022−24.
Source-stated
The authors say the rise in youth unemployment predates the rapid diffusion of AI, while allowing that generative AI and other factors may matter more for employment patterns going forward.
But the uptick in youth unemployment rates predates the rapid diffusion of AI. Moreover, even when we hold occupations’ exposure to AI constant, we find that the differences between younger and older workers persist in both remotable and non-remotable jobs.
Source-stated
The authors conclude that remote work can weaken incentives to hire young workers by impeding on-the-job training, making it harder for them to secure training when jobs are scarce.
These dynamics suggest that remote work has weakened incentives to hire young workers by impeding on-the-job training. Ironically, when jobs are scarce, it becomes even harder for young workers to secure the training they need.
Source-stated
The firm-level findings come from proprietary data at one Fortune 500 company.
Working with proprietary data from a Fortune 500 company, we are able to shed light on the underlying reasons for these labor market changes.
Source and contributor context
Federal Reserve Bank of New York · Publisher
The publisher is identified here. No individual author has been inferred.
Source media
Media retrieval status: unchecked.
Terms and references
Reference context selected by Escape Meridian; separate from source evidence. Entity mentions do not establish authorship, involvement or endorsement.
Fortune
Fortune is a business publication covering companies, technology, employment and the global economy.
Editorial provenance
Version 1. Publication ID: a7094550-1a57-ff11-2225-bc6cf65ea94a.
Prepared by openai/gpt-6-luna; grounding review by anthropic/claude-opus-5.5.
Source check: uncertain by anthropic/claude-opus-5.5 on 2026-11-06T23:48:46.709Z. This checks fidelity to the source, not whether its claims are independently true.
Editorial selection: accept; reasons: bridge_screen.
Observation: 6d03656939f81c2312dcc710f71c78ae52bfdc699ea563767d8f0e351b680d9d. Source text hash: 0d3f6a0eed0ffc6fbcc5a20583e111f22418a3b6559863881032347b47f58dec.
Revision and source-check history
Version 1 · 2026-11-06T23:53:23.124Z
Emanuel, Harrington and Pallais argue in Liberty Street Economics that remote work sidelines younger workers
The post, published June 1, 2026, argues that remote work has contributed to higher unemployment among young college graduates by making it harder to train and mentor new employees. The authors estimate that remote work can explain 64 percent of the increase in unemployment for this group; they argue that the rise in unemployment predates the rapid diffusion of generative AI. Using data from a 500 company, they report that younger workers received less feedback when separated from colleagues, and that the firm hired fewer inexperienced workers for distributed teams. Their conclusion is that remote work can weaken firms’ incentives to hire young workers because it impedes on-the-job training. They warn that when jobs are scarce, young workers may find it even harder to secure that training. The authors’ analysis does not establish how far the firm-level findings apply across other occupations.
Original source
Federal Reserve Bank of New York · Article
Source details
Original source date: Jun 1, 2026 (2026-06-01T14:30:00.000Z).
Date basis: Date supplied by the publisher’s feed.
Added to Escape Meridian: 2026-11-06T23:53:23.124Z. First observed: 2026-10-23T14:54:07.426Z. Retrieved: 2026-10-23T14:55:44.547Z.
Limits
Text as retrieved on October 23, 2026; originally published June 1, 2026. The firm-level evidence is from one 500 company; the post does not establish how far its findings apply across other occupations.
Open question
How far does the firm-level evidence on feedback, mentorship and hiring apply to occupations beyond the company studied?
Source-stated
The authors argue that remote work has contributed to higher unemployment among young college graduates by making training and mentorship harder.
Our analysis suggests that these trends are related, with remote work making it more difficult for managers to train and mentor new employees.
Source-stated
The authors estimate that remote work can explain 64 percent of the increase in unemployment for young college graduates.
Since so many young college graduates are in remotable occupations, our back-of-the-envelope calculation indicates that remote work can explain 64 percent of the increase in unemployment for all young college graduates between 2017−19 and 2022−24.
Source-stated
The authors say the rise in youth unemployment predates the rapid diffusion of AI, while allowing that generative AI and other factors may matter more for employment patterns going forward.
But the uptick in youth unemployment rates predates the rapid diffusion of AI. Moreover, even when we hold occupations’ exposure to AI constant, we find that the differences between younger and older workers persist in both remotable and non-remotable jobs.
Source-stated
The authors conclude that remote work can weaken incentives to hire young workers by impeding on-the-job training, making it harder for them to secure training when jobs are scarce.
These dynamics suggest that remote work has weakened incentives to hire young workers by impeding on-the-job training. Ironically, when jobs are scarce, it becomes even harder for young workers to secure the training they need.
Source-stated
The firm-level findings come from proprietary data at one Fortune 500 company.
Working with proprietary data from a Fortune 500 company, we are able to shed light on the underlying reasons for these labor market changes.
Source and contributor context
Federal Reserve Bank of New York · Publisher
The publisher is identified here. No individual author has been inferred.
Source media
Media retrieval status: unchecked.
Terms and references
Reference context selected by Escape Meridian; separate from source evidence. Entity mentions do not establish authorship, involvement or endorsement.
Fortune
Fortune is a business publication covering companies, technology, employment and the global economy.
Editorial provenance
Version 1. Publication ID: a7094550-1a57-ff11-2225-bc6cf65ea94a.
Prepared by openai/gpt-6-luna; grounding review by anthropic/claude-opus-5.5.
Source check: uncertain by anthropic/claude-opus-5.5 on 2026-11-06T23:48:46.709Z. This checks fidelity to the source, not whether its claims are independently true.
Editorial selection: accept; reasons: bridge_screen.
Observation: 6d03656939f81c2312dcc710f71c78ae52bfdc699ea563767d8f0e351b680d9d. Source text hash: 0d3f6a0eed0ffc6fbcc5a20583e111f22418a3b6559863881032347b47f58dec.
uncertain · 2026-11-06T23:48:46.709Z · anthropic/claude-opus-5.5
Publication: a7094550-1a57-ff11-2225-bc6cf65ea94a
attribution — pass: The reading correctly attributes the post to Natalia Emanuel, Emma Harrington and Amanda Pallais on the New York Fed's Liberty Street Economics blog. Their claims stay attributed as the authors' arguments and estimates. The page is a single analytical post, not a listing. Reader comments are not attributed to the authors.
Natalia Emanuel, Emma Harrington, and Amanda Pallais
summary — uncertain: The summary is accurate and readable, but it softens the post's central AI-related thesis. The authors say remote work, not generative AI, explains the bulk of the rise, and that the age gap persists even when AI exposure is held constant. The reading only says the rise predates AI diffusion. It also changes the authors' 'has weakened' to 'can weaken'. Smallest repair: add that the authors attribute the bulk of the rise to remote work rather than generative AI, noting their AI-exposure control and their caveat about AI going forward.
the timing of this surge suggests that remote work—not generative AI—explains the bulk of the rise in youth unemployment
date — pass: The reading gives June 1, 2026, which matches the post's dateline and the UTC day of originalPublished. It discloses the October 23, 2026 retrieval. The page was edited on August 11, 2026, but every cited passage is plainly part of the body of the original post. The reading does not use later reader comments or related-post links. It presents no hindsight and reports no forecast as an outcome.
June 1, 2026 Remote Work Leaves Younger Workers Sidelined
support — pass: Each claim matches a verbatim passage: the mechanism, the 64 percent back-of-the-envelope estimate, the timing of AI diffusion, the conclusion about hiring incentives, and the single-firm data. The limitation on generalizing beyond one firm is a modest scope statement that the source's single-company design supports. The question follows from that evidence without leading.
for positions on distributed teams, the firm consistently hired more experienced workers, even after reopening
media — pass: No media is selected and no verified candidates were supplied, so there is no media identity or relevance issue.
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Fortune is a business publication covering companies, technology, employment and the global economy.
Explore FortuneFortune is a business publication covering companies, technology, employment and the global economy.
Explore FortuneFortune is a business publication covering companies, technology, employment and the global economy.
Explore FortuneFortune is a business publication covering companies, technology, employment and the global economy.
Explore Fortune