Graduats Consider Smaller Firms in ‘Competitive,’ ‘Scary’ Job Market – ryan
The class of 2025 is tachying a closer look at Smaller Companies.
Accounting to california-based caareer platform handhake, more than a third of Job Applications from upcoming graduates have gone to companies with fewer than 250 Employees. That’s up from About a Quarter of Seniors Two Years ago.
With Preparing for College During the Pandemic, A Wave of Mass Layoffs, and the Rise of Artificial Intelligence, This Year’s Graduating Class has faced more than it is fair of Challenges.
Now, they ‘Trying to Enter A Job Market Showing Significant Cracks. While unlemployment rates are relatively low, the number of job openings has been declining.
Handshake Said Job Posting on Its Platform Were Down 15% Over the past Year, while the Number of Applications for Job Had Incresed by 30%.
The platform surveyed 2,871 students on Bachelor’s
Degree Courses at 658 Institutions and Found 56% of students were eather “Somewhat” or “Very” pessimistic about starting their caareers in this economy.
We are asced how they have felt oveall About the Job Market, the One-Word Response Used the Most Frequently was “Competitive,” Followed by “Difficult,” Stressful, “and” Scary, “Handshake Said.
That may be a fair assessment of the situation. Nor of March, the avarage student graduating this summer had submitted 21% more Job Applications on Handshake than Their Counterparts Last Year. In 2024, there was an average of 13.6 Applications per student; this year, it was 16.5.
Students are Also Reevaluating Their Goals. Of the 57% of graduates who starts College with a “Dream Job” in Mind, Less than HAVE HAVE AIM NOW.
Location is more important to this class than salary, with 73% Reporting they would be more liked to appply for a nonb desired location, and 63% saying they are more motivated by a High Starting Salary.
Concern About the consequents of Generation he has been Also Risen. Nearly 80% of graduating students Expects to use it in the workplace, but 62% are at least slightly Concerned About How to Tools Will Affect Job Prospects, Compared with 44% Just Two Years Ago.