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Anoushka Robb's avatar

This really resonated, especially being at the exact stage of trying to work out what comes after school. There’s so much pressure to make the ‘right’ choice about university and your future, while also being constantly told that the world of work is changing faster than we can prepare for it. I love the point about opening doors rather than just telling young people to climb the ladder - opportunities to actually learn and gain experience feel more valuable than ever.

Jason Bell's avatar

In terms of the UK I don't think AI is reason for the graduate hiring problem, it's certainly been wheeled out as an excuse. The hiring had to been in decline during 2019/2020, placements had been falling already. The pandemic put a freeze on hiring and those companies who didn't have a work from home policy struggled to on-board new junior hires, so they stopped. In 2022 the interest rates shot up and put company debt repayments way above their comfortable 0.25% base rate. Then additionally the employers National Insurance change made it far more expensive to hire. The AI issue didn't really surface until the end of 2023 when ChatGPT really took hold. The FT have highlighted in posts that AI was not the sole reason too. The media may paint that AI ate the entry level, but I think the reality is slightly different.

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