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Graduates

All articles tagged with #graduates

AI Could Be College Grads' First Workforce Test, Goldman-MIT Study Finds
business10 days ago

AI Could Be College Grads' First Workforce Test, Goldman-MIT Study Finds

Goldman Sachs and MIT researchers warn AI could soon affect entry-level hiring as adoption accelerates in finance, management and professional services where grads are concentrated; while many tasks in fields like law, architecture and engineering are highly automatable, the long-run view is more nuanced—AI may augment labor and create new roles, offsetting displacement as younger workers adapt, and students are already shifting majors toward healthcare to ride the AI-enabled shift.

via Yahoo Finance|
#ai#automation#business
Microsoft says graduation boos at AI talks are a wake-up call to raise the bar
news1 month ago

Microsoft says graduation boos at AI talks are a wake-up call to raise the bar

Viral clips show college graduates booing commencement speakers who hype AI. In response, Microsoft vice chair Brad Smith published a lengthy blog acknowledging the backlash, urging the industry to raise standards and channel AI uncertainty into constructive steps that serve people, not replace them, while noting lingering skepticism about tech companies’ handling of AI’s impact.

via The Verge|
#ai#brad-smith#commencement
UK's top graduate laments broken job market after 500 applications
lifestyle2 months ago

UK's top graduate laments broken job market after 500 applications

A 21-year-old Kingston University digital media tech graduate, Khaled Sharif, who spent about $125,000 on his degree, says the UK job market is broken after applying to 500 roles since 2025 and getting fewer than 20 interviews with no offers. He broadened his search to sales and other fields he didn’t want, but results remained elusive; he’s considering Tesco part-time work or returning to Qatar, and has started a clothing brand Zoqué to combine his interests in fashion and photography, illustrating the high cost of degrees and the hiring squeeze driven by AI and cost pressures.

via Fox News|
#education#graduates#job-market
New grads struggle to land first jobs as AI reshapes hiring amid a tight market
economy3 months ago

New grads struggle to land first jobs as AI reshapes hiring amid a tight market

American college graduates face the worst entry-level job market since the pandemic, with underemployment at 42.5% as AI-enabled hiring and stricter employer expectations shrink opportunities. Graduates report ghosting, lengthy application processes, and job descriptions asking for 3–5 years of experience, forcing them to tailor resumes for automated screening and lowering their expectations while seeking their first role.

via The Guardian|
#ai#economy#entry-level
Sam Altman Highlights Rapid AI Advancements and Evolving Job Landscape
business1 year ago

Sam Altman Highlights Rapid AI Advancements and Evolving Job Landscape

OpenAI CEO Sam Altman highlights AI's advanced capabilities, suggesting it can perform tasks comparable to PhDs, raising concerns about job displacement for new graduates. Despite a challenging job market with rising unemployment and reduced entry-level hiring, experts believe that new opportunities will emerge in AI-related fields and that skills development, upskilling, and adaptability are crucial for future job security. The article emphasizes the importance of continuous learning and innovative strategies for job seekers in an AI-augmented economy.

via Fortune|
#ai#business#future-of-work
"Comparing Earnings: College Majors 5 Years Post-Graduation"
education-and-employment2 years ago

"Comparing Earnings: College Majors 5 Years Post-Graduation"

A recent New York Federal Reserve study reveals that engineering degrees occupy nine of the top 16 college majors with the highest incomes five years after graduation, with computer engineering majors ranking first with an annual median salary of $80,000. On the other hand, liberal arts, performing arts, and theology majors earn the lowest salaries within five years of graduating from college, with a median annual income of $38,000. The study highlights the disparity in earnings between different majors and the factors contributing to it, such as demand, skills, and job market dynamics.

via CNBC|
#college-majors#education-and-employment#engineering
The Uncertain Future of Computer Science Majors
technology2 years ago

The Uncertain Future of Computer Science Majors

Job hunting has become tougher for computer science majors as layoffs hit the tech industry, leading to a decrease in job opportunities and internships. The demand for fresh graduates has dampened, with companies being cautious and holding cash. The increase in the number of students pursuing computing degrees has also contributed to the competitive job market. Students are advised to be realistic about the expectations of tech employers, as having a degree does not guarantee a job. This trend is not limited to Singapore, as students and recent graduates in the US have also expressed concerns about job prospects in the industry.

via Business Insider|
#computer-science#graduates#job-market
economy2 years ago

"China's Youth Unemployment Crisis Threatens Second-Biggest Economy"

China is facing a youth unemployment crisis, with the unemployment rate for people aged 16 to 24 rising to a record high of 21.3% in June. The country's inability to cope with the increasing number of graduates and shrinking job opportunities could have serious consequences for the world's second-largest economy. The pressure on wage growth and lack of consumption may further hinder economic growth and potentially lead to social instability. Factors contributing to the crisis include mismatches between the skills graduates acquire and those required by employers, as well as regulation changes in major industries. To address the issue, experts suggest reducing tight regulations on the private sector and aligning school disciplines with business demand.

via Fox Business|
#china#economy#graduates