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Why landing your first tech job is way harder than you expected
It’s not your imagination, graduating seniors. The tech industry's pullback from entry-level hiring has reached concerning levels. LinkedIn's chief
LinkedIn’s chief economic opportunity officer, Aneesh Raman, warned in The New York Times last week that “ bottom rung of the career ladder” is “breaking” as AI eliminates traditional stepping-stone positions. The numbers are eye-opening: hiring of new grads by the 15 largest tech companies has plummeted over 50% since 2019, according to a report released this month by the venture firm SignalFire, which found that before the pandemic, graduates comprised 15% of Big Tech hires, a figure that has dropped to just 7%. Even now, software developers face just 2.2% unemployment, which isn’t stellar but is half the national rate.
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