This fall, some 19 million undergraduates returned to U.S. campuses with a long-held expectation: Graduate, land an entry-level job, climb the career ladder. That formula is breaking down.
Once reliable gateway jobs for college graduates in industries like finance, consulting and journalism have tightened requirements. Many entry-level job postings that previously provided initial working experience for college graduates now require two to three years of prior experience, while AI, a recent analysis concluded, “snaps up good entry-level tasks,” especially routine work like drafting memos, preparing spreadsheets and summarizing research.
Without these proving grounds, new hires lose chances to build skills by doing. And the demand for work experience that potential workers don’t have creates an experience gap for new job seekers. Once stepping-stones, entry-level positions increasingly resemble mid-career jobs.
