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College graduates struggle to navigate job market with the rise of AI [CBS News]

Perdoceo Education Corporation (PRDO) 
Last perdoceo education corporation earnings: 2/19 04:14 pm Check Earnings Report
Company Research Source: CBS News
Brynn Pule graduated with a degree in marketing from the University of Arizona in May, but says she started applying for entry-level jobs months prior. She adds that in the past couple of months, she's applied to upwards of 200 jobs. "Now, since I have graduated, it's become a full-time job to apply to jobs," Pule said. She explains that she's heard back from some places occasionally, but ends up getting ghosted more times. Pule's experience is not unique, according to the Associate Director for Career Education and Development at UCLA, Kimberly Terrell. "Essentially, it has gone from three to months months to find a job to up to six months," Terrell said. Only 30% of those who graduated in 2025 and 41% of 2024 graduates have found entry-level jobs in their field, according to the Cengage Group 2025 Graduate Employability Report. That report found that a tight labor market, the current state of the economy and changes due to AI are to blame for the decline in entry-level hi Show less Read more
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