Recent college graduates face a new obstacle in finding a job: AI
CBSN
The rise of generative AI is making it harder for recent college graduates to get a foothold on the corporate ladder as they start their careers.
Job listings for the kind of entry-level corporate roles traditionally available to young grads have declined 15%, while the number of applications per job has surged 30%, according to data from Handshake, a career platform geared toward Gen Z workers.
Although people fresh out of college often struggle to land entry-level positions in their chosen field, "there are early warning signs" that AI is taking jobs away from the least experienced workers, Doug Calidas, senior vice president of government affairs for Americans for Responsible Innovation, a nonprofit focused on emerging technologies, told CBS MoneyWatch.
