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Companies Predict 2026 Will Be the Worst College Grad Job Market in Five Years - WSJ

More than half of 183 employers rate the Class of 2026 job market poor or fair with hiring plans up just 1.6%, amid economic uncertainty and AI impacts.

  • Six months out from graduation season, the National Association of Colleges and Employers survey found more than half of 183 employers rate the Class of 2026 job market as poor or fair, the most pessimistic outlook since the first year of the pandemic.
  • Employers point to a cooling job market and recent large cuts, noting Amazon.com and others have trimmed jobs while companies hire more cautiously and favor experienced candidates.
  • Handshake's August data show full-time job postings fell more than 16% year-over-year while applications per job rose 26%, and the unemployment rate for recent college graduates was 4.8% in June.
  • Graduates in the Class of 2026 face intensified competition and pessimism, with more than 60% saying they are pessimistic while competing with junior workers recently laid off.
  • With hiring plans reduced to about 1.6%, employers signal modest growth as executives warn artificial intelligence and automation could eliminate some entry-level tasks despite healthcare, education and manufacturing sectors growing.
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Live Mint broke the news in New Delhi, India on Friday, November 14, 2025.
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