The belief that computer science degrees guarantee stable, high-paying jobs is losing ground, as new graduates face unemployment rates that surpass many other fields, all thanks to AI.
A recent study by the Federal Reserve Bank of New York shows unemployment among fresh computer science graduates ranges from 6.1% to 7.5%. This is more than double the rate faced by graduates in biology or art history, challenging the perception of computer science as a secure career path.
The New York Times recently profiled graduates who have been unable to secure work despite strong academic credentials:
Several developments are contributing to the scarcity of entry-level opportunities:
While the overall market remains challenging, some graduates are adapting. Mishra eventually found a role after submitting a cold application and sharing her experiences on TikTok, where her posts about the job search resonated with others in similar situations.
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