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The graduate 'jobpocalypse': Where have all the entry-level jobs gone? [video]

https://www.youtube.com/watch?v=IeTFpsuCor8
12•sarmike31•1h ago

Comments

al_borland•1h ago
It’s kind of interesting. When my sister graduated from college in 2003, the speaker mentioned it was the worst time ever to try and find a job. A couple years later in 2005, I heard the same thing when I graduated. I heard it at various other times over the years. And now today it is still the worst time ever to find a job.

After hearing the same line, fairly consistently, for nearly 25 years, I’m having a hard time taking it seriously.

davydm•1h ago
you shouldn't - it was "the worst time to get a job" when I graduated in the late 90s too

there are a lot of factors involved, and AI is likely facilitating some of the bad behavior, but the problem seems to always come back to greed and corporate profit /2c

spwa4•1h ago
I finished the first year of Uni in June 2000, and my parents had informed me they would not support me the second year. So it was critical to find a job at that time. Found one. Didn't pay well, but covering a room + uni entry fees was pretty easy. More money than I'd ever seen except ...

Then, due to working full-time, it took me 7 years to finish my Uni degree and I managed to screw up my entry form in the final year. Meaning I got my master's degree in Aug 2008.

Both ended well. Hell in 2000 I wasn't even aware what was happening, though after a few months I figured out some of my colleagues were making 4x what I was making. But it was enough and I still climbed up.

I'm working on a doctorate now. Though one fact seems inevitable: if I ever finish it, the AIpocalypse will happen right exactly that month.

aatd86•26m ago
for me in 2012 as well.. 2008 having alledgedly wiped a lot of jobs... recession fears and all that...
gdulli•9m ago
I see this meme a lot but the problem with it is that in the fable, the wolf really does come at the end.
davydm•1h ago
Companies only hiring people with experience is far from a new problem.

Back in the late 90s, I struggled to get my first job that actually used my studied skills. Yes, I had a job - delivering pizza - but I was desperately trying to get a job _coding_, and in-between virtue-signallers only hiring people of a specific race and the vast majority of companies expecting years of experience, it took quite a while and I really only found a position because the place I studied at gets actively involved in the process.

Yes, the trend of trying to replace entry-level jobs with AI doesn't help, but this isn't a new problem. Few businesses have the foresight to train up employees, and a lot are understandably disillusioned by entry-level churn, where you train people, and the moment they have skills, they skip off to another company, usually for more money - when losing that person costs the company more than if they'd just pay them a market-related salary.

AI isn't helping, but it's far from a new problem - it's just exacerbated by the corporate greed chasing ever more profit, where the easiest way to see a short-term financial gain is to cut salaries.

nerdsniper•33m ago
What was the ‘specific race’ that was popular to hire in the ‘90s?
piltdownman•4m ago
You're blaming DEI for not getting a job... during the .com boom?

If ever there was a softer time to get hired as a developer, I have yet to hear of it.

undebuggable•1h ago
There are three career stages. First you're not qualified enough, then for a moment you're overqualified, and at last you're too old. The last stage occurs few decades before statutory retirement age.
GoToRO•7m ago
From my own, local experience: the job is there, they just don't have the money to hire someone to do it. But the need is there.

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