"We have a generation, the generation coming through now, where we say, 'Go to the best schools, study hard, get the grades, you know, take the student loans,' right?"
"They're now coming out, and they said I did what you wanted, I studied hard, and I did everything you told me to, and where is my job?"
"That social contract feels broken."
"Recruiters are overwhelmed, candidates get no feedback - it's crickets. The process is dehumanized."
AI-driven mass applications and shrinking graduate intakes have reduced entry-level roles in the City of London and on Wall Street, intensifying competition for graduates. Recruiters are overwhelmed and candidates often receive no feedback, creating a dehumanized hiring process. Early-career employment for 22-25-year-olds has declined, with a Stanford study finding a 13% drop. The traditional pathway of top schools and hard study no longer reliably delivers jobs for many graduates. Starting a business early is presented as a practical hedge that builds skills, creates alternative career pathways, and reduces reliance on scarce graduate schemes.
Read at Business Insider
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