The Class of 2025 is seeing a higher level of unemployment compared to previous years. According to the Federal Reserve Bank of New York, the unemployment rate for recent college graduates reached 5.8% in March, up from 4.6% last year.
Job postings at campus recruiting platform Handshake have decreased by 15% over the past year, while the number of applications has risen by 30%. Experts advise new graduates to stay positive and focus on smaller companies, where they may find better opportunities for growth.
The federal government’s hiring freeze and mass firings have added to the uncertainty. The Department of Government Efficiency estimates that 350,000 federal workers will be impacted, with layoffs set to take effect in the coming months.
Artificial intelligence is also causing concern among graduates, with a majority worried about its impact on their jobs. However, experts suggest that new graduates should focus on developing transferable skills and networking to land a role.
To succeed in this tough market, experts recommend maintaining a positive mindset and using small firms as an opportunity for growth. Networking and informational interviews can also help graduates sound more knowledgeable and prepared in the job application process.
Source: https://www.cnbc.com/2025/05/16/how-college-grads-can-find-a-job-in-a-tough-market.html