Overview

• A New York Fed report shows unemployment rates for recent computer science and computer engineering graduates ages 22 to 27 at 6.1% and 7.5%, respectively, more than double the rate for biology or art history majors.
• Purdue graduate Manasi Mishra’s viral TikTok revealed that Chipotle was the only company to interview her for a tech role, offering just ten hours of work per week.
• Employers are increasingly using AI tools to generate code and screen resumes, with companies like Humanly deploying AI-driven interviewers that fast-track automated rejections.
• Data from the Council on Integrity in Results Reporting indicate that job-placement rates at coding bootcamps have fallen to around 37–50% for recent cohorts, down from over 80% in 2021.
• Microsoft has pledged $4 billion toward AI training for students and workers as industry leaders debate whether AI automation or post-pandemic cost-cutting is the main driver of the entry-level hiring slowdown.