Colton Masi reviewed each box in his search to get a good job in the computer industry after the university.
The 23 -year -old attended the University of Drexel, a Philadelphia school that is distinguished by his focus on real -life work experience. And he specialized in software engineering, a discipline that had leg heating all his life was synonymous with stable and well -paid work. Everything was part of his plan to avoid the destination that happened to so many millennials after the great recession.
“When I was 13 years old, I was online all the time.” Colton told him Today, explained Co-Emprerion Noel King. “I was in Tumblr, and I was seeing many of these young young people who were currently graduating, son of talking about their struggles with the labor market and establishing tempting … I always liked:” Oh, no, I need to do something that is going “,”, “”, “
Then, Masi Tok, the advice that all offers, from Joe Biden to Chris Bosh to Ashton Kutcher at that time: he learned to encode.
But Masi graduated from Drexel last June in a historical market for labor badges for entry level computer sciences. Since then it applies to about 100 jobs, none has just offered an interview.
“It’s like, you do everything right; you follow the instructions, but the field changes,” said Colton. “There is nothing you can do about it. It’s alone: keep it pushing until you are looking for something.”
Masi’s situation is increasingly common for recent university graduates and others seeking to enter white collar industries such as computer science and marketing.
“I heard about a lot of rejection of employment applicants,” told Noel King Lindsay Ellis, Wall Street Journal reporter who has been attacking the numbers in the decrease in entry level work. “[The] Market feels child or stuck to many people. “
Ellis spoke with King about why large companies are planning a future with fertic level employees, wild people will find a job and what career advice executives are giving to tea children themselves.
Below is an extract of its conversation, edited by length and clarity. There is much more in the complete podcast, so listen Today, explained Wherever you get podcasts, including Apple Podcasts, Pandora and Spotify.
If I had to guess what is happening, I would say that this must have something to do with AI. Is that?
That is a factor, and I also thought about a group of other factors that have caused the white collar market with considerable consideration in recent years.
You know, from perhaps at the end of 2022, early 2023, hiring companies and managers were really braking in many sectors. There were tons of technological layoffs that began in ’23, but for inflation [and] Geopolitical conflict, then the imminent choice and much uncertainty, in terms of policy, [about] In which direction they were going to go. If a hiring manager says: “Hello, can we expect to make this hiring and perhaps have a little more damping in terms of personnel, in terms of payroll costs,” they could see how long they can last without rent.
And then add like a layer on top of all this, and the calculation is totally different. I talked to James Hornick, who is the growth director of the Chicago Hirewell recruitment. And he told me that customers have stopped requesting the entry level staff. Those young graduates once had a great demand, but their work is now a home run for AI.
We are always trying to discover what the data are and what the anecdata are. You can listen to a story about someone who requested three or four jobs a day for a month and did not get anything, and that will be what remains in your brain forever.
But the inempleal rate in the US 4.2 percentThat is super low, right? Is there a tension between the only extreme story and the real trend?
Behind that number, I think you will see a couple of other trends that suggest that the image is a bit more complicated.
Number one is a kind of work data on the time it takes to find a job. And there are two things that my believemeagues and I have the leg. One is for unemployed Americans, now takes Anverage for 24 weeks to find a job after losing one, and that is almost a month longer than a previous year.
And the number of long -term Umpleged Americans, who are unemployed for at least 27 weeks, that figure is now 1.8 million people a year. Before, it was like 1.5 [million]. So that is also an increase.
The other factor here is that you think about which sectors they are hiring right now, [and] Much of the growth of employment comes from the state and local government, or sectors such as medical care, social assistance, leisure and hospitality, construction. A probable white collar project manager would not be qualified for a role in medical care or might not be looking for local government in a different state. So I think it is also a matter of the opportunity to match the skill set and how it goes.
The job application process for a long time has been: maybe there is a portal and send your curriculum, or send an email to a hiring manager. Is AI changing the way we request jobs?
My God, you have no idea.
This has a leg a total fascination of mine. The employment application process now in many ways can be described in my mind as a Robot Versus Robot arms race, basically.
What listens to the applicants is that they are super frustrated with the corporate hiring software, which for many years will scan the curriculum of an applicant and the presentation letter and the basic details and classify them in their qualifications. And they feel that artificial intelligence basically forces good people to slide through cracks.
Then in response, [applicants are] Use of AI or yours to create letters and presentation resumption, using the description of the work and their own things to basically incorporate all keywords, [to] Show how are response to specific labor responsibilities. However, there are even tools that scan the entire internet for potential works and then spray the application of a candidate in seconds.
Everything has left super irritated applicants and employers, because employers are totally: all their portals are obstructing and it is really difficult to know who is really interested instead of who is really using words. Applicants are really frustrated because they will see a LinkedIn work post, and will say how many people have requested, and it’s like, Shoot, I have no chance here. Should I do this? Then, if they put time in their application, they could get a rejection hours later or 2 in the morning of a Sunday. It simply feels super impersonal, and both sides of the table are really frustrated.
What are told the young people to do now? What are the options?
I legalized executives the same question. I mean both of a [perspective of]” What are you talking about with universities? – What do their own children tell?
I talked to the executive director of a consulting firm in Ohio, and basically said, I am telling my children to really concentrate on jobs that really require communication in person or client oriented.. One of his children is becoming a police officer, and said, while AI will affect the way he does his job, nothing replaces the relationships that are forged face to face in a community.
And now, executive directors are talking openly about the immense abilities of AI, and how could you lead to employment cuts, also more than thanks [just] In the input levels. I mean, you had executives at Amazon, Jpmorgan, in recently weeking that expect their labor forces to shrink considerably. The Ford CEO said it expects AI to replace half of the white collar workforce in the United States. Those are figures that suggest that people in various roles, various levels of experience, must expect significant interruption.
You have a lot of time, throughout the country, talking to people who are really fighting. What do you think about how these people, many of them young, will deal with all this?
Many people feel quite low. It is a really difficult section, and it is difficult to be on the market, and I don’t want to whip that.
I talked to some people who say What really helped me is to leave, do a little gardening, go running, go swimming. Swimming is great. You really can’t have your phone in your hand. However, I will say: many of them spend a lot of money to accelerate this process and highlight employers and possible employers.
I talked to a guy who said he spent $ 10,000 basically on a marketing company that is treating it as the product, basically to take out its curriculum, turn it into a website, try to introduce it to hiring managers and people who can know the works that are not publicly published.
So I think that for some people, it helps when they can channel their frustration, I’m going to do this; I’m really going to strive. Other people have the legs that tell me Look, this is a marathon, not a sprint. I need to make sure that time is out of this hunt to really maintain my mental health..