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Why today’s graduates are screwed
The bottom has fallen out of the job market.
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Across the West, young graduates are losing their privileged position; in some cases, they have already lost it.
PHOTO: AFP
The Economist
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Pity the ambitious youngster. For decades the path to a nice life was clear: Go to university, find a graduate job, then watch the money come in. Today’s hard-working youth, however, seem to have fewer options than before.
Go into tech? The big firms are cutting jobs. How about the public sector? That is less prestigious than it used to be. Become an engineer? Lots of innovation, from electric vehicles to renewable energy, now happens in China. A lawyer? Artificial intelligence will soon take your job. Don’t even think about becoming a journalist.
