Your Money Minute Hard Job Hunt For Grads 5/30/25
May 30, 2025
Graduates face a challenging job market as unemployment rates rise and job postings dwindle. The discussion highlights the skills that are vital for landing a job in this competitive landscape. Listeners gain insights into how to navigate these tough times and what employers are really looking for. In just a minute, get the essentials to enhance your job search strategies!
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Rising Grad Unemployment Rate
- The unemployment rate for recent college graduates jumped from 4.6% to 5.8% in one year.
- Job postings for grads dropped 15% while applications surged 30%, showing a tough market.
Demand for Tech-Skilled Grads
- The job market is weaker for new grads compared to last year despite a previous hiring boom post-pandemic.
- Employers urgently seek graduates with technology, AI, software, and data science skills.