There is a significant shift in the U.S. job market where college students are not taking advantage of getting employed with a degree. Students who are getting degrees are now struggling to get employed even compared to people who didn't earn a degree. This is different from past decades where students had much more of an advantage. Recent data has shown that unemployment rates for young college graduates ranging from 22-27 years old. Rates have climbed higher than workers with other education levels. In the past obtaining a bachelor's degree meant lower unemployment rate and an easier way to find jobs. Currently that advantage has decreased a lot.
AI has made it harder for college graduates to get entry level jobs. Entry level jobs used to be the first thing college graduates would get hired for. Entry level jobs used to be set people up to advance their careers and help get them experience. Now it is much harder for graduates to start their careers because they aren't able to get experience right after college to leverage their resume to kickstart their career. Another factor is industries are slowing down in employing people. Many industries like finance and tech are slowing down in employing. This is making it much harder for college graduates to get jobs because the market is trending down. Getting jobs without experience is very hard in today's market and companies aren't looking to hire graduates because people without degrees have work experience.
https://www.washingtonpost.com/business/2026/01/31/labor-market-gap-trade-workers-white-collar
I think the idea of AI making entry level jobs more and more obsolete is very interesting. This can definitely cause a problem in the next couple of decades if there is a lower quantity of experienced workers.
ReplyDeleteAI taking away entry level jobs is quite scary to think about. Seems like many of us will be unemployed right after college, but I hope that isn't the case. Here's to getting jobs.
ReplyDeleteThis data is very interesting and it might even start making less people go to school. People who aren't going to college are often getting work experience and it seems like this will put them at an advantage to the fresh graduates. It will be very interesting to see how AI continues to affect our future job markets for young people especially.
ReplyDeleteI think it important to note we are currently in a slower hire slow fire economy . So, if you were to get a job it could have a less likely rate of being let go. So their may be some light in that.
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