
The job market for recent college graduates is becoming increasingly challenging, with a notable decline in white-collar hiring. Factors such as rising interest rates, currently at 5%, and the impact of artificial intelligence (AI) are contributing to this trend. Early career talent is particularly affected, facing difficulties in securing decent employment as companies reduce or eliminate internship programs. Analysts have raised concerns that the shift towards costly technology may not benefit low-wage job sectors, contrasting with previous technology transitions that created lucrative opportunities. This situation poses significant challenges for young graduates entering the workforce.
US graduates face cut-throat job market as companies scrap internships https://t.co/moYBtchaQu
Why Is It So Hard For Recent College Graduates To Find A Decent Job? https://t.co/KFDRGy0K4A
The bear case for AI “Replacing low-wage jobs with tremendously costly technology is basically the polar opposite of the prior [lucrative] technology transitions.” https://t.co/UtxiKrZpk2






