Bank of America CEO Brian Moynihan said the bank hired 2,000 recent graduates from 200,000 applicants and that many new entrants to the workforce are anxious about AI and the job market. Moynihan urged graduates to harness their concerns and signaled banks may redeploy AI efficiencies into growth and hiring. The comments came on CBS’s Face the Nation and echoed Federal Reserve warnings about a difficult labor market for recent graduates. Moynihan framed AI as a factor but emphasized firms can use efficiency gains to expand roles rather than simply cut them. Campus career centers and placement officers should note both the demand for top graduates and the heightened counseling need: employers are hiring selectively, and students seek clearer pathways to roles that combine human skills with AI fluency.