For many young Americans, the struggle to find a job after college is more painful than ever. Angel Escobedo, a 22-year-old graduating from Saint Xavier University in Chicago, is not alone in his frustration. Despite completing multiple internships and a management training program at Harvard Business School, Escobedo has yet to land a full-time job.
The challenges faced by Gen Z job seekers are twofold. Firstly, the job market is experiencing a slowdown, with overall hiring rates declining since 2022. This uncertainty is causing employers to sit tight, waiting for the economy and government policies to stabilize before making any moves. Secondly, the rise of AI-powered recruitment tools and self-recorded video interviews has made it harder for young candidates to stand out from the crowd.
"It's not a new phenomenon, but it's a concerning one," said Elise Gould, a senior economist at the Economic Policy Institute. "Young adults are missing out on the opportunity to jump into the labor market, which is essential for gaining experience and building their careers."
Gorick Ng, a Harvard career adviser, agrees. "The stakes for Gen Z are high. If they can't get the right experience early on, they may struggle to catch up professionally and financially." The nation's overall unemployment rate stands at 4.4%, while the rate for 20- to 24-year-olds remains higher, at 9.2%.
Young job seekers like Alan Gonzalez, a 23-year-old from Massachusetts, are finding it difficult to land their first job in digital marketing. Despite his degree and internship experience, Gonzalez has yet to receive an interview offer. In response, he has started his own clothing brand, HOJA Apparel, with the goal of gaining exposure and building his professional network.
Industry experts warn that fields such as accounting, engineering, and technology are particularly challenging for young workers. Cory Stahle, senior economist in the Indeed Hiring Lab, notes that there are fewer job openings for junior employees than senior-level roles, making it harder for entry-level candidates to break into these fields.
As technology continues to shape the job market, career advisers like Ng emphasize the importance of building relationships with potential employers and starting the job search early. "It's no different," he says. "AI and tech tools have made it easier to apply for internships, but it also makes the bar higher."
For Escobedo and many other young Americans, finding a job after college is a painful and frustrating experience. As the job market continues to evolve, it remains to be seen how Gen Z will navigate this landscape and build their careers in the years to come.
The challenges faced by Gen Z job seekers are twofold. Firstly, the job market is experiencing a slowdown, with overall hiring rates declining since 2022. This uncertainty is causing employers to sit tight, waiting for the economy and government policies to stabilize before making any moves. Secondly, the rise of AI-powered recruitment tools and self-recorded video interviews has made it harder for young candidates to stand out from the crowd.
"It's not a new phenomenon, but it's a concerning one," said Elise Gould, a senior economist at the Economic Policy Institute. "Young adults are missing out on the opportunity to jump into the labor market, which is essential for gaining experience and building their careers."
Gorick Ng, a Harvard career adviser, agrees. "The stakes for Gen Z are high. If they can't get the right experience early on, they may struggle to catch up professionally and financially." The nation's overall unemployment rate stands at 4.4%, while the rate for 20- to 24-year-olds remains higher, at 9.2%.
Young job seekers like Alan Gonzalez, a 23-year-old from Massachusetts, are finding it difficult to land their first job in digital marketing. Despite his degree and internship experience, Gonzalez has yet to receive an interview offer. In response, he has started his own clothing brand, HOJA Apparel, with the goal of gaining exposure and building his professional network.
Industry experts warn that fields such as accounting, engineering, and technology are particularly challenging for young workers. Cory Stahle, senior economist in the Indeed Hiring Lab, notes that there are fewer job openings for junior employees than senior-level roles, making it harder for entry-level candidates to break into these fields.
As technology continues to shape the job market, career advisers like Ng emphasize the importance of building relationships with potential employers and starting the job search early. "It's no different," he says. "AI and tech tools have made it easier to apply for internships, but it also makes the bar higher."
For Escobedo and many other young Americans, finding a job after college is a painful and frustrating experience. As the job market continues to evolve, it remains to be seen how Gen Z will navigate this landscape and build their careers in the years to come.