AI Really Is Eviscerating Entry-Level Jobs, New Data Shows
"Entry-level postings have fallen off a cliff and the first rung of the ladder in tech is under pressure." The post AI Really Is Eviscerating Entry-Level Jobs, New Data Shows appeared first on Futurism .
A recent report by the nonprofit Center for an Urban Future reveals that job postings for entry-level tech roles have plummeted by 49% since 2022. This dramatic decline indicates that tech firms are utilizing AI to justify a substantial reduction in new hires. While computer science graduates are primarily affected, the impact may extend beyond the tech industry.
Jon Bowles, the executive director of Urban Future, explains that "entry-level postings" have "fallen off a cliff," with the "first rung of the ladder in tech" facing increased pressure. After years of rapid growth in tech, leading to numerous entry-level job opportunities, these positions are becoming scarce, causing intense competition.
Other sectors experiencing reduced entry-level hiring include office and administrative support, financial operations, arts, design, entertainment, sports, media, education, and libraries. The decline in entry-level job postings is attributed to various factors, including AI and tech companies' job cuts following COVID-era overhiring.
The findings from Urban Future coincide with a rapidly decaying job market in the US, with nearly a quarter of the workforce functionally unemployed as of July. Although AI may not improve the situation if AI chatbots were to cease operating, it is unlikely that entry-level jobs would recover without intervention.
Written by urgent.news from Futurism's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
