AI job market: Careers are being upturned by artificial intelligence.

After the college, Colton Masi thought after college after college after college.

The 23-year-old attended Drexel University, a school in Philadelphia, which was characterized by her focus on experience in the real profession. And he studied software engineering, a discipline that he had heard all his life, was a synonym for stable, highly paid work. It was all part of his plan to avoid fate that corresponds to so many millennials after the great recession.

“When I was 13, I was online all the time.” Colton said Today, explained Co-moderator Noel King. “I was on Tumblr and saw many of these current young adults who talked about their fights with the labor market and established themselves. I always said: 'Oh no, I have to do something that will get me a job.'”

So Masi took over the advice that everyone has from all offers Joe biden To Chris Bosh To Ashton Kutcher During this time: he learned to codes.

But Masi has a degree in A last June last June Historically bad job market For entry positions of the entry -level class. Since then he has applied to about 100 jobs – nobody offered an interview once.

“It's like doing everything right. They follow the instructions, but the field changes,” said Colton. “There is nothing you can do about it. It is only: keep it until you find something.”

Masi's situation is increasingly common for the latest university graduates and others to penetrate into the economic exchange such as computer science and marketing.

“I hear about a lot of rejection of job seekers” The numbers crunch Noel King said to the decline in the entry. “[The] The market somehow feels like many people. “

With King, Ellis spoke about why large companies are planning a future with far fewer entry employees, the wild length that people find a job, and which executives of career counseling give their own children.

Below is an extract of your conversation, which was processed for length and clarity. The full podcast gives much more, so listen Today, explained Wherever you get podcasts, including Apple podcastsPresent PandoraAnd Spotify.

If I guess what's going on, I would say that this has something to do with AI. Is that?

This is a factor and I think that it is overlaid to a number of other factors that have led to the white collar market slowing down considerably in recent years.

You know that companies and hiring managers really pump the brakes in many sectors from the end of 2022, early 2023. There was that Tons of technical layoffs That started in '23, but from inflation [and] Geopolitical conflict, then the impending elections and a lot of uncertainty – in terms of politics – [about] In what way things would go? If a hiring manager says: “Hey, we can use this setting and may have a little more buffer with regard to the salary billing costs”, he may see how long he can take without making this setting.

And then add ai to it as a layer, and the calculation is completely different. I spoke to James Hornick, who Chief Growth Officer at the recruitment company Hirewell based in Chicago. And he told me that customers almost hired to ask for an entry -level personnel. These young graduates were once in high demand, but their work is now a Homerun for AI.

We always try to find out what data are and what anekdata is. You can hear a story about someone who applied for three or four jobs a day for a month and has nothing, and that will be what remains in your brain forever.

But the unemployment rate in the USA is there at the moment 4.2 percentWhat is super low, isn't it? Is there a tension between an extreme story and the actual trend?

I think behind this number you will see a few other trends that indicate that the picture is a little more complicated.

Number one is a kind of work data at the time it takes to find a job. And there are two things that my colleagues and I looked at. One is for unemployed Americans, it now takes an average of 24 weeks to find a job after the loss of a job, and this is almost a month longer than a year earlier.

And the number of long-term unemployed in American dates are people who are unemployed for at least 27 weeks this number is now 1.8 million people per year. Before it was 1.5 [million]. That is also an increase.

The other factor here is that you think about which sectors are currently setting, [and] A large part of the workplace growth comes from state and local government or sectors such as healthcare, social assistance, leisure and hospitality, construction. A project manager for employees would probably not be qualified for a role in health care or may not be looking for a job in another state. I think it is also a question of agreement of the opportunity to qualify and how it works.

The application process was for a long time: there may be a portal and you send your resume or send an e -mail to an attitude manager. Does the AI ​​change the way we apply for jobs?

Oh my god, you have no idea.

This was a total fascination of mine. The application process can now be described in many ways as a robot-against-Robot bets.

What you hear from applicants is that you have been super frustrated for many years, which scan the curriculum vitae and cover letter of an applicant and the basic details for many years and evaluate them based on your qualifications. And like this artificial intelligence, they basically feel good people to slide through their cracks.

So in response to it [applicants are] Use AI to create coverage and CV and use the job description and your own things to basically integrate all keywords. [to] Show how you react to certain jobs. However, there are even tools that scan the entire Internet for potential jobs and then simply spray the application of a candidate in a matter of seconds.

The whole thing left the applicant and employer super irritated because employers are complete – all of their portals are clogged, and it is really difficult to say who is actually interested and who uses really good input requests or keywords. Applicants are very frustrated because you look at a job advertisement on LinkedIn and say how many people have applied and it is how. Shoot, I have no chance here. Should I still do that? If you then invest time in your application, you may receive hours later or at 2 a.m. on a Sunday. It just feels super impersonal and both sides of the table are really frustrated.

What are young people said now? What are the options?

I asked managers the same question. I mean both from A [perspective of]Present What are you talking about with universities? – Because there is a lot of correspondence between business and higher EDs – but also, What do you tell your own children?

I spoke to the managing director of a consulting company in Ohio, and he basically said: I tell my children that they should really focus on jobs that really require personal or customer -oriented communication. One of his children becomes a policeman and said, while the AI ​​influence the way he does his job, does not replace the relationships that are made to face in a community.

And now managing directors are openly talking about the immense skills of AI and how they could lead to work cuts, even more than [just] in the entry level. I mean, they had managers AmazonPresent JPmorgan In the past few weeks that you expect your workforce to shrink considerably. The CEO of Ford said he would expect AI to replace half of the employees in the United States. These are numbers that indicate that people in different roles, various levels of experience, should expect considerable disorders.

They spent a lot of time in the whole country and spoke to people who really have to fight. What do you think about how these people – many of them young people – will deal with all of this?

Many people feel pretty low. It's a really hard route and it is a difficult time to be on the market, and I don't want to gloss over that.

I spoke to some people who say What really helped me is to go outside, to do gardening, to run, to go swimming. Swimming is great. You can't really have your phone in your hand. However, I will say: Many of them spend a lot of money to speed up this process and to withdraw employers and potential employers.

I spoke to a man who said that he spent $ 10,000 for a marketing company that treats him as a product in order to make his curriculum vitae a website, to present him with managers and people who may know about jobs that are not published publicly.
So I think that it helps for some people if they can initiate their frustration, I will do that; I will push myself really hard. Other people told me Look, this is a marathon, not a sprint. I have to make sure that I take time outside of this hunting to keep my mental health really stable.