The Harsh Reality for New Graduates
Robert Trowe, a 21-year-old finance major from Arizona State University, never anticipated the challenges of securing a full-time job post-graduation. Despite having a summer internship at JPMorgan Chase & Co., a solid network, and numerous applications, his success rate is disheartening: only 4% of 300 applications led to interviews, with 33% resulting in automated rejections.
A Generational Challenge
While every generation believes they're entering the workforce at a difficult time, the Class of 2025 is encountering unprecedented hurdles. Factors include:
- AI replacing less-skilled roles
- Corporate hiring freezes
- Economic uncertainties
This scenario is reminiscent of the 2008 graduates who faced the Great Recession, but current conditions are exacerbated by technological advancements and political tensions.
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