Junior Tech Talent Squeezed as AI Rises, Entry Hiring Plummets
Summary
As AI automates entry-level tech tasks, companies are slashing junior hiring by over 50% since 2019, prioritizing experienced hires and leaving recent graduates struggling to find jobs or delaying careers with grad school amid record unemployment gaps.
Key Points
- Entry-level tech hiring has declined by over 50% since 2019, with companies prioritizing experienced hires over junior talent.
- AI is rapidly assuming job functions once reserved for interns and early-career workers, making companies less willing to invest in training junior talent.
- The gap between overall unemployment and unemployment among recent college graduates has reached an all-time high, with many graduates struggling to find jobs or resorting to grad school.