Small businesses say they aren’t planning to hire many recent graduates for entry-level jobs – here’s why
https://theconversation.com/small-businesses-say-they-arent-planning-to-hire-many-recent-graduates-for-entry-level-jobs-heres-why-272020
Posted by kootles10
3 Comments
From the article:
Small businesses are planning to hire fewer recent college graduates than they did in 2025, making it likely harder for this cohort to find entry-level jobs.
In our recent national survey, we found that small businesses are 30% more likely than larger employers to say they are not hiring recent college graduates in 2026. About 1 in 5 small-business employers said they do not plan to hire college graduates or expect to hire fewer than they did last year.
This would be the largest anticipated decrease in small businesses hiring new graduates in more than a decade.
But I was told the economy is booming and already in a golden age
Between the high levels of underemployment, the economy in something of a slow tailspin, is it truly any wonder as to why millennials and Gen Z are just so checked out and disillusioned about the economy?
Honestly, it just makes the claims that, “But the economy is roaring!” seem all the more crueler.
There are too many college grads and honestly too big of a wage gap between college grads and non-college grads. The drumbeat for the past few decades has simply been “moar college!” without a plan to really absorb all this white collar labor. As such blue collar jobs which have been devalued are now facing shortages but not necessarily wage increases commensurate with the shortage while white collar wages remain high despite demand falling. The US is hardly alone in this, China’s youth unemployment is almost completely concentrated in young college grads looking for work in the service sector, their factories and agricultural sectors are starved for labor.
We may eventually reach a new equilibrium here but it’s going to be a painful transition for those caught in the middle.