Or, alternatively, the crop of current grads education is abysmal compared to past graduates, and companies are reluctant to hire them.
This is the first graduate class since Covid. Pivoting to online learning quickly resulted in worse learning outcomes for k-12 and college as well.
Companies are seeing a decline in base-level skills typically expected from previous classes of new graduates. They can either hire now and pay the cost of training for possibly 1-2 years to get them to an appropriate level, or hire no one and instead hire from the classes of 2026 and 2027, assuming those students improve from the post-Covid education system.
idk why this was downvoted but anyway:
the educational fallout from covid affected all ages, so the effect really is going to last for the next decade at least, with fading effects towards the younger generations as the educational system hopefully will be able to patch up the gaps somewhat.
And if you grant that the negative effects will last much longer than 2 years, it doesn't make a lot of sense business wise to hold off new hires for that long
This is the first graduate class since Covid. Pivoting to online learning quickly resulted in worse learning outcomes for k-12 and college as well.
Companies are seeing a decline in base-level skills typically expected from previous classes of new graduates. They can either hire now and pay the cost of training for possibly 1-2 years to get them to an appropriate level, or hire no one and instead hire from the classes of 2026 and 2027, assuming those students improve from the post-Covid education system.