Wall Street Week Team Favorite: Entry-Level Jobs at Risk, CEOs Face Uncertainty, Tariffs & Textile Companies, Powering Data Centers
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Aug 29, 2025 Blair Effron, Co-founder of Centerview Partners, shares insights on how AI and rising tariffs create hurdles for recent college graduates seeking jobs. Jeff Bowman, CEO of Kokona Labs, discusses the significant impact of tariffs on the textile industry, emphasizing how they affect import-export dynamics. The duo also dives into community concerns over data centers, examining both the economic benefits and environmental implications in places like Warrington, Virginia. These discussions shed light on the evolving challenges and opportunities in today's business landscape.
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AI Linked To Entry-Level Job Decline
- Recent college graduates face unusually high unemployment, with entry-level openings falling especially in tech and finance.
- AI adoption in those sectors likely contributes to fewer junior roles while senior openings rise.
Top Internships Didn’t Guarantee Jobs
- Jacob Ayub applied to roughly 200 jobs after graduating despite internships and good grades.
- Tiffany Lee also secured top internships but still struggled to convert them into full-time offers.
Companies Hiring Seniors Over Juniors
- Junior-level job postings dropped 21% below pre-pandemic levels while senior listings increased.
- This divergence suggests firms are prioritizing experienced hires over entry-level recruitment.