Ripped Job Market Swipes Left on New Grads

Job Market Slump: New Grads Face Toughest Entry-Level Hiring in Years

Career Crunch: Entry-level jobs for 2024 grads hit record low amid AI disruption, hiring freezes, and economic uncertainty, pushing unemployment to 5.8%.

Ripped Job Market Swipes Left on New Grads

Youth is a wonderful thing. Unless you’re looking for work.  A much-anticipated jobs report from the US Labor Department on Friday showed that employers added 139,000 workers in May. It’s a cooldown from the 147,000 jobs added in April but above the 125,000 figure that economists surveyed by The Wall Street Journal had expected. That keeps the unemployment rate at 4.2%, still near historic lows. Just don’t rub that stat in the face of the recent…

New grads are joining the worst entry-level job market in years

Landing that first job is proving tougher than ever for the class of 2024, Bloomberg reports.  Despite strong resumes, internships and degrees in high-demand fields, many new grads are struggling to even get callbacks—let alone interviews—as companies pull back on hiring and entry-level roles vanish. Artificial intelligence is partly to blame, with more firms using it to replace administrative and junior-level work once done by early-career empl…