AI Job Market: Young Grads' Tough Path

0:00On March 5th, young graduates are facing a tough job market partly due to artificial intelligence tools that screen applications automatically. Many in their early 20s, like recent computer science grads in London, report applying to 50 or even 100 jobs a month without much. Look, youth unemployment has hit 16% for those age 16 to 25, the highest since 2021. Joe postings have dropped sharply by 38% last year and feels like software development, data, media and finance, according to McKinsey analysts. These sectors face the biggest changes from AI, creating a triple challenge for new entrance, a slowing economy, fewer graduate roles and less demand. For entry-level work, job seekers often feel frustrated by the lack of human connection in the process, calling it demotivating when bots review their efforts. Two apps are stepping in, letting applicants share short videos to highlight both technical and soft skills beyond standard forms.

1:01Analysts describe the situation as an evolving picture, with growing demand for graduates skilled in AI and people management. Surveys of university students show over half worry their trained roles are vanishing, but experts predict a turnaround in two or three years as young. People prove to be natural AI users.