Well, the promise of coding-equals officially collapsed.
Fresh computer graduates face unemployment rates from 6.1% to 7.5% – more than double, which experiences biology and art history, according to recent Federal Reserve Bank of New York City Study. Crushing New York Times -Piece bounces back what happens on earth.
The single stories are surreal. Manasi Mishra, a 21-year-old, graduated from Purdue after being promised six-digit starting wages, only to receive a single interview, at Chipotle. (She did not get the job.) Zach Taylor applied for nearly 6,000 Technic jobs since the graduation of Oregon State in 2023, landing only 13 interviews and zero bids. He was even rejected by McDonald’s because of “lack of experience.”
The alleged culprits? AI -programming removing young positions, while Amazon, Meta and Microsoft Slash works. Students say they are trapped in “AI Doom Loop”-using AI to accumulate while companies use AI to automatically reconcept them, sometimes in minutes.
Fortunately, Mishra landed work after one cold application, which resulted. It is not in software engineering.