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Kevin Roose

05/31/25

@ Hard Fork

The unemployment rate for college graduates is unusually high at about 5.8% in the US, which has risen significantly since 2022, indicating a deteriorating job market for recent graduates.

Video

The A.I. Job Apocalypse Is Here | EP 138

@ Hard Fork

The A.I. Job Apocalypse Is Here | EP 138

05/31/25

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Hard Fork Cast

05/26/25

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The job market is showing signs of AI-induced job loss, particularly affecting recent college graduates who are uncertain about the future of traditional roles in tech, consulting, finance, and law.

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About 50% of Americans with a college degree currently use AI, while the percentage is significantly lower for those without a degree, indicating a widening gap in skills and opportunities.

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Today, college students obsess over jobs at big tech companies like Facebook and Google, seeking the same status and structure previously associated with finance and consulting careers.

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The recent increase in college students participating in startup programs reflects a growing recognition of the unique opportunities available now.

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While some companies are dropping college degree requirements, top schools still serve as major hiring funnels, and university recruiters primarily focus on degree-granting programs.

Mo Gawdat

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In some sectors, unemployment could reach 10% to 40% within the next two to three years due to AI advancements.

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The current economic recovery is unusual because it has left most of the population behind, with real wages significantly lower than they were decades ago.

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