""The appetite for hiring is definitely decreasing," Alli Goossens, the assistant director of employer engagement at North Dakota State University, noted, observing fewer employers at career fairs and a pullback in hiring."
""It was just reduced hiring numbers," she explained, emphasizing that employers were not hiring as many recent graduates as before."
""More than 40% of employed recent graduates are in roles that do not require a bachelor's degree, the highest share since 2020," according to an analysis from the Federal Reserve Bank."
""Employers have become more cautious about hiring, automating more tasks and favoring experienced candidates over entry-level hires," highlighting the shift in hiring practices."
Recent college graduates are encountering the most challenging job market since the pandemic, with a 5.6% unemployment rate for those aged 22 to 27 holding bachelor's degrees. Employers are cautious, automating tasks and preferring experienced candidates, leading to intense competition for limited jobs. Over 40% of recent graduates are in roles not requiring a degree. The appetite for hiring is decreasing, with fewer employers attending career fairs and reducing hiring numbers, raising concerns about the impact of AI on job prospects.
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