New Grads Join Worst Entry-Level Job Market in Years
The Class of 2025 is encountering the worst entry-level job market in years with unemployment among recent degree-holders aged 22 to 27 reaching 5.8% this spring -- the highest level in approximately four years and well above the national average. According to Federal Reserve Bank of New York data, 85% of the unemployment rate increase since mid-2023 stems from new labor market entrants struggling to find work. Corporate hiring freezes implemented under threats of President Trump's tariffs, combined with AI replacing traditional entry-level positions, have severely constrained opportunities for new graduates. More than 60% of executives surveyed on LinkedIn indicate that AI will eventually assume tasks currently assigned to entry-level employees, particularly mundane and manual roles. The impact varies significantly by major, with computer engineering graduates -- once highly sought-after -- now facing a 7.5% unemployment rate, the third-highest among recent graduates. Employment in computer science and mathematical jobs for those under 27 has dropped 8% since 2022, even as it grew 0.8% for older workers. Read more of this story at Slashdot.
The Class of 2025 is encountering the worst entry-level job market in years with unemployment among recent degree-holders aged 22 to 27 reaching 5.8% this spring -- the highest level in approximately four years and well above the national average. According to Federal Reserve Bank of New York data, 85% of the unemployment rate increase since mid-2023 stems from new labor market entrants struggling to find work.
Corporate hiring freezes implemented under threats of President Trump's tariffs, combined with AI replacing traditional entry-level positions, have severely constrained opportunities for new graduates. More than 60% of executives surveyed on LinkedIn indicate that AI will eventually assume tasks currently assigned to entry-level employees, particularly mundane and manual roles.
The impact varies significantly by major, with computer engineering graduates -- once highly sought-after -- now facing a 7.5% unemployment rate, the third-highest among recent graduates. Employment in computer science and mathematical jobs for those under 27 has dropped 8% since 2022, even as it grew 0.8% for older workers.
Read more of this story at Slashdot.
