James Terry - Grads Not Using Degrees

Experts are cautioning recent grads to lower their expectations with limited job prospects in some fields.  Employers plan to hire 5.8% fewer new grads in 2024 than they did in 2023, according to a survey of 226 employers.  Under 25% of graduating seniors had accepted a full-time role by April of this year, compared to more than a third a year previously, the survey found. Artificial intelligence has taken over some work previously performed by recent grads, the Wall Street Journal reports.  But bosses are also looking for skills in areas like AI in addition to years of work experience. For 2024 grads, who began their studies attending Zoom classes amid general pandemic chaos, it feels like yet another challenge.  Data from payroll services provider Gusto shows the share of recent grads hired in a given month is about 6%, or even with this time last year. But that rate, down from 10% in 2021, is expected to fall further, CBS News reports.  About 40% of recent grads have managed to find work, but in jobs that don't require a college degree. Some grads "are not afforded the option of being picky," as Gusto principal economist Liz Wilke puts it to CBS. Hiring is cooling and/or layoffs are happening in fields like technology, consulting, and finance. But in the legal, nonprofit, arts and entertainment, health care, and construction industries, job prospects for new grads are more promising, per CBS. James is The Chief of Staff at Indeed Flex US. It’s a disruptive company that is changing the way people find work. The company gives job seekers the control and choice they crave to find work that meets their needs, through the convenience of their smartphone