Job Prospects for ‘24, ‘25 Grads and beyond?

I still belong to the parent group at my daughter’s university, and right now they are all posting what their kids are doing next. While I fully recognize that parents of struggling students will not post…there is no shortage of postings for kids who are getting jobs in many different fields: public policy, economics, journalism, CS etc. Also many transition type jobs for premed/prehealth, law etc. I think I have read close to 50 posts so far.

My colleagues son just graduated from his flagship with a business degree and is moving to a new city.

I think there are jobs out there. They might not be “perfect,” but they are there.

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There are always jobs for kids with great grades who are good at interviews and networking.

Kids who have mediocre grades, have not had professional internships, and aren’t great at interviewing and networking will struggle.

It’s been this way forever.

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I agree with you, but I was just answering the original question. The original question did not mention grads with limited internships, low grades etc (unless I misinterpreted the original question).

I think there are jobs out there for those who look beyond their dream location, dream role etc.

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There is still the problem that nearly half are underemployed in jobs not requiring a degree

In some ways, this has always been a problem - perhaps exacerbated by the promises the schools make - yes, they’re not contracted promises but they are implied promises.

And many of the under employed will develop full careers - whether waitressing or a corporate job they grow into - where companies prefer a degree but the degree is not necessarily related.

Unfortunately, studies show about many of the underemployed upon graduation will remain severely underemployed 5 and 10 years later.
While there are no promises from any school, it does alter the expected ROI of college, and the perception of the value of higher education for many:

https://fordhaminstitute.org/national/commentary/most-college-graduates-face-underemployment-upon-bachelors-degree-attainment#:~:text=The%20big%20news%3A%20Overall%2C%2052,a%20bachelor's%20degree%20to%20obtain.

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I think this has been an issue for quite some time.

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Reminder that CC is not a debate society. Make your point and move on. Repeating what was said yesterday is not necessary.

Thank you!

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Several years ago, law schools were sued over employment data.

There’s a lot more transparency now that details what the career outcomes are for graduating classes.

It’s a challenging economic environment for new grads here in Canada.

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As a parent of a kid headed off to business undergrad this year … I’m interested in this!
Is it something about this moment that is causing a demand for accountants, or is it an always in demand thing? And is it concentrated in one area (either geographically or by industry)? I don’t really know anything about accounting outside of some Big 4 friends. Is Big 4 accounting booming? Or is it that they constantly churn young accountants who go someplace a little calmer after a few years (and thus they are always hiring)?

https://www.wsj.com/articles/accounting-graduates-drop-by-highest-percentage-in-years-5720cd0f

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I graduated with an accounting degree 30+ years ago and have never done a single day of accounting. :wink:

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Sarbanes Oxley and more.

Accounting and Supply Chain - nothing is bullet proof but they are as bullet proof as you can get.

Interestingly though, you needn’t major in supply chain necessarily to get a supply chain job but SC jobs are plentiful - because if you can’t bring in more revenue, you can profit via efficiencies and lower cost. SC has been a hot major, at least since the 30 years when I started grad school.

Update on Tesla kids - some may get relief.

BLOOMBERG

General Motors hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker.

Laura del Amo, whose LinkedIn profile describes her as a talent sourcing strategist for GM, posted an appeal on the website for software interns whose program was terminated during Tesla’s ongoing cutbacks. GM and other automakers are sure to be scouring the ranks of experienced talent now looking for work after Elon Musk opted to cut more than 10 percent of Tesla’s staff.

“In light of recent industry news, GM is extending an invite to software students who may have been impacted from the changes in Tesla’s upcoming summer internship cohort,” del Amo posted. “We believe in the strength of our automotive community and are keen to integrate diverse talents into our team.”

RELATED ARTICLE

Tesla plans to cut more than 10% of global workforce; two execs quit, reports say

GM has already brought in former Tesla executives for battery and manufacturing roles. The Detroit automaker hired Kurt Kelty, Tesla’s former senior battery technology director, as vice president of battery operations, and more recently hired Jens Peter Clausen as its new manufacturing head.

GM didn’t immediately comment and del Amo didn’t respond. Business Insider reported the LinkedIn post earlier.

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The use of AI by companies and applicants is making things harder on applicants:

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Gift link for that WSJ article: https://www.wsj.com/lifestyle/careers/ai-job-application-685f29f7?st=zh7z7jvvnnnd79p&reflink=desktopwebshare_permalink

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“ Stephanie Johnson, a career-development lead with the computer-science department at the University of North Carolina, said her students on average were applying to 150 or more jobs. Many were still waiting for offers in the spring.”

If you have someone in the job hunt this year, be their cheerleader. It’s demoralizing to send out 100+ applications and hear nothing back from the vast majority.

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This is not unusual though - engineers (at least mine and their friends) often had the same route. It’s not a this year only thing.

It’s the age of bots and the internet.

It was the same for internships - which actually, the first, was much harder to get then a job.

CS has the unluckiness of a tough economy with large companies laying off after over-hiring.

Those who think - well I went to school X so I am protected - have always had it wrong IMHO.

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