Class of 2025 may face tight competition for fewer jobs

Graduates from the Class of 2025 are stepping into a challenging job market, with a notable decrease in entry-level roles and increased competition amongst applicants. A recent report from Handshake reveals overwhelming pessimism regarding their job prospects in the current economy.

Source: HR Dive

Key Points

  • 76% of graduating college seniors feel prepared to start work, but 56% are pessimistic about their job prospects.
  • Job postings dropped by 15%, while application rates per job have surged by 30%.
  • Concerns about the rise of generative AI tools affecting entry-level jobs have increased from 44% to 62%.
  • 66% of seniors feel ready for written communication, but only 59% feel prepared for in-person interactions.
  • 98% of seniors are familiar with generative AI tools, showcasing their technological adaptability.

Why should I read this?

If you or someone you know is graduating soon, this article is a must-read! It paints a stark picture of the job market for the Class of 2025 and highlights the challenges they face. Understanding these trends can help you or them to plan accordingly and sharpen your competitive edge in a tight job environment, saving you time and potential headaches.