‘I feel helpless’: college graduates can’t find entry-level roles in shrinking market amid rise of AI
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The Bottom Line
American college graduates face the worst entry-level job market since 2020, with high underemployment due to AI.
How This Affects You
If you are a recent college graduate, you may struggle to find an entry-level job, as the underemployment rate has reached 42.5%.
AI Summary
American college graduates are experiencing significant difficulty securing entry-level roles in a shrinking job market. This challenging environment, exacerbated by the rise of AI, has resulted in the worst entry-level job market since the pandemic. The underemployment rate for recent graduates has reached 42.5%, marking its highest level since 2020. Young Americans are expressing frustration over fewer job openings and extended job searches. This situation impacts their ability to begin their careers and utilize their education.
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