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Stock impact report

The job market is so tough, young people are struggling just to land internships [CNN]

ZipRecruiter, Inc. Class A (ZIP) 
Company Research Source: CNN
Washington — The 23-year-old told CNN he's noticed on LinkedIn that many of the entry-level roles he's applied for have gone to people with several years of experience. Since beginning graduate school in 2024, Iqbal has managed to complete only one internship, he said — all while racking up $100,000 in student debt. US job growth has slowed sharply over the past year, making it especially difficult for young Americans not just to land their first jobs out of college but even to land internships, often the foundational step in an early career. Doing internships or getting any kind of work experience “is the biggest predictor of landing a job out of college,” said Nicole Bachaud, an economist at ZipRecruiter. And those internships also help companies build pipelines of future talent. “It's a little demoralizing,” Iqbal said. “If they just keep hiring people with with a lot more experience, they're not going to have anyone to grow into those senior roles.” ‘I'm kind of stres Show less Read more
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