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May 22, 2024

Companies Want Fewer Grad Hires This Year

The Class of 2024 is about to join a job market nearly as turbulent as their college years.

Employers plan to hire 5.8% fewer new graduates than they did last year, according to a spring survey of 226 employers by the National Association of Colleges and Employers. And what those bosses want from entry-level workers is changing, students and recruiters say, from years of experience to sophisticated artificial-intelligence skills. Some companies say AI is taking over part of the work fresh graduates used to do.

Read the full article from The Wall Street Journal, which features data from Veris Insights on job offers accepted nearing graduation by the Class of 2024 compared to Class of 2023.