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More than half of college seniors feel pessimistic about joining the workforce, per a Handshake survey. First-time job seekers told BI they're seeking stability in their careers. AdvertisementAmid a dwindling pool of entry-level positions and ongoing layoffs in once seemingly foolproof fields, Gen Z college grads are feeling uneasy about starting their professional lives. The 21-year-old told BI that she is regularly casing career fairs and updating her portfolio with new projects to stand out come spring. She told BI she likes her work but wishes she made more than her $40,000 salary.
Persons: Z, , Insider's Aki Ito, Hiba Rizvi, Rizvi, they're, Christine Cruzvergara, Cruzvergara, Goldman Sachs, Sasha Friese, Friese, she'll, I've Organizations: Service, Loyola University Chicago, Big Tech, Washington Post, Commerce Department, University, Washington, BI, University of San Locations: San Diego, University of San Diego
The next hot jobs for Gen Z
  + stars: | 2024-07-16 | by ( Aki Ito | ) www.businessinsider.com   time to read: +8 min
Silicon Valley has been laying off workers by the tens of thousands, making tech work almost impossible to come by. Millennials believed they were heading to Silicon Valley in service of a lofty mission. AdvertisementIf Silicon Valley is going out of vogue, what will take its place as the next hot destination? Civil service doesn't come with the pay or the glamour of tech jobs, but it offers the stability that college students say they want. When I speak to college students these days, I'm struck by how they lack the naivete I suffered from when I was their age.
Persons: Zers, Tesla, Instagram, Christine Cruzvergara, You've, Cruzvergara, Gen, Millennials, Lehman Brothers, Jude Children's, ironies, I'm, they're, they'll, Aki Ito Organizations: National Society of High School, Disney, Google, Facebook, Dow Chemical, Tech, Big Tech, Jude Children's Research, Mayo, Disease Control, FBI, NASA, CIA, CDC, Big Tech's, Star, Business Locations: Silicon, Silicon Valley, Washington
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Austin Wang, a class-of-2025 computer-science major at Yale University, said students were "scared that engineering roles will be replaced in the future." Handshake found that fewer prospective business graduates were applying to consulting roles and that more were seeking positions in customer relations, marketing, and analytics compared with last year. Handshake's analysis suggested tech job postings geared toward fresh graduates fell by 30% compared with last year. Advertisement"It's quite bad for entry-level jobs in general but even worse for international students," she said.
Persons: , It's, Goldman Sachs, Morgan Stanley, Austin Wang, Fabrice Coffrini, Beth Hendler, Matthew Park, Anika Nair, Rutgers University . Austin Wang, Anika Nair Yale's Wang, Wang, Amr Alfiky, you'll, Adnan Hussain, Christine Cruzvergara, Richard Carruthers, I've Organizations: Service, Management, Big Tech, National Association of Colleges, Employers, Business, New York Times, Yale University, McKinsey & Company, Boston Consulting Group, Bain & Company, Accenture, McKinsey, Getty Images Industry, Yale, Tech, Companies, Ivy League, Rutgers University ., Rutgers University, JPMorgan —, Investment, Citigroup, JPMorgan, Deutsche Bank, Finance, Reuters, National University of Singapore, Imperial College London, KPMG, Deloitte, HSBC, Amazon Web Services Locations: Wall, AFP, Singapore
The data, gathered from the college and new grad career site Handshake, shows a similar share of seniors say the current economic news makes them feel pessimistic. 1 priority in looking for a job is to find one that will offer stability, and they're changing some of their career preferences to find it. Elsewhere, students from the class of 2024 were more likely to apply to jobs in construction, agriculture and education, according to Handshake data. Working more than a 9-to-5Rising seniors are preparing to work more than a 9-to-5 in order to make ends meet. Many are also hopeful that side-hustle income can supercharge their savings so they don't have to work a corporate job forever.
Persons: Christine Cruzvergara, Cruzvergara, they've, Young
How working for Big Tech lost 'dream job' status
  + stars: | 2024-04-28 | by ( Anuz Thapa | ) www.cnbc.com   time to read: +2 min
Despite blockbuster earnings from giants such as Alphabet and Microsoft , layoffs continue to ripple through the tech industry. Layoffs.fyi, a platform monitoring job cuts in the tech sector, recorded more than 263,000 job losses in 2023 alone. Even though mass tech layoffs continue, the labor market still seems strong. Mass layoffs have eroded the shine of the tech industry, which is why workers are questioning whether getting a job in the tech industry should still be regarded as a "dream job." Watch the video to learn about tech workers' sentiments, considerations for aspiring Big Tech employees, and more.
Persons: Jeff Shulman, Dow Jones, Christine Cruzverga, Eric Tolotti Organizations: Microsoft, University of Washington's Foster School of Business, Dow, Big Tech Locations: U.S, Big, Snowflake
AdvertisementBrandon Tamayo considered leaving his current job for a role in the private sector on his way to work one morning. "My friends in the private sector told me 'You could double your pay.'" AdvertisementHe could likely make six figures in the private sector — and he remains intrigued by the option. According to the US Bureau of Labor Statistics, the median years of tenure for public sector jobs in 2022 was 6.8 years, about 2.7 years higher than private sector jobs. For Tamayo, this is the largest reason he stays in the public sector.
Persons: , Brandon Tamayo, Tomayo, Tamayo, he's, Christine Cruzvergara, Cruzvergara, Raven Blanchard, she's, Blanchard, hasn't, Joe Biden, they've, Symoné Berry, Alexxus Harris, Harris, it's Organizations: Service, Indiana State University, US Bureau of Labor Statistics, ISC, EAP Locations: Illinois, Virginia, Germany, Asia
Here are her two favorite questions to ask in a job interview that will help you uncover any major red flags, and maybe a few green ones, before you accept an offer. Ask about them in your next job interview, says Christine Cruzvergara, chief education officer at Handshake. Cruzvergara's first favorite question gets down to brass tacks: What are some of the unspoken rules in this workplace? Cruzvergara learned during her job interview at Handshake that it's a "doc- and deck-heavy culture." These types of rules are rarely brought up proactively in job interviews, Cruzvergara says, but can tell you a lot about a team's communication and collaboration style.
Persons: George Mason, Christine Cruzvergara, Cruzvergara's, Cruzvergara Organizations: Wellesley, George, George Mason University, Georgetown, George Washington University
Candidates who skip these stages "don't come across nearly as prepared as the candidates who have done their research." To that end, Cruzvergara says students and young professionals can focus on two types of research to prepare for job applications. Talk to your classmates and professors, read the news, tune into social media or listen to podcasts about those topics. Doing research on the micro-level, meanwhile, is understanding the basics of a specific job opening you're applying to. Make sure you go into interviews understanding the title, job description, required skills and experiences, and the company's goals.
Persons: it's, Christine Cruzvergara, Cruzvergara
Read previewBrandon Tamayo considered leaving his current job for a role in the private sector on his way to work one morning. "My friends in the private sector told me 'You could double your pay.'" AdvertisementHe could likely make six figures in the private sector — and he remains intrigued by the option. According to the US Bureau of Labor Statistics, the median years of tenure for public sector jobs in 2022 was 6.8 years, about 2.7 years higher than private sector jobs. For Tamayo, this is the largest reason he stays in the public sector.
Persons: , Brandon Tamayo, Tomayo, Tamayo, he's, Christine Cruzvergara, Cruzvergara, Raven Blanchard, she's, Blanchard, hasn't, Joe Biden, they've, they're, Symoné Berry, Alexxus Harris, Harris, it's Organizations: Service, Indiana State University, Business, Google, US Bureau of Labor Statistics, ISC, EAP Locations: Illinois, Virginia, Germany, Asia
Young workers are applying to cities outside traditional tech hubs, according to a new report. AdvertisementForget Silicon Valley, Austin, or even Miami — young workers are hunting for tech jobs in smaller cities across the country. Handshake determined which US cities saw the biggest increase in job applications between 2021 and 2023, based on the number of full-time job applications submitted on its platform. Tech workers of all ages are gravitating to mid-size cities in search of lower cost of living and a more laid-back lifestyle. Handshake found these 10 cities had the biggest year-over-year increase in job applications on its site:
Persons: , Handshake's, it's, Christine Cruzvergara Organizations: Service, Google, Big Tech, Tech Locations: Columbia , Maryland, El Paso , Texas, Valley, Austin, Miami, Boise , Idaho, Fairfax , Virginia, California , Washington, New York —
I'm living proof you don't need a certain college major to do alright in life. The question of whether your college major matters (if you even have one) is similar to the question of whether having a degree at all matters in that the answer is yes and no. When your major really mattersThere are certainly jobs that require specific degrees. But there are also plenty of jobs that don't require specific degrees. If you're like I was and wondering if your major is going to pay off in the long run, fear not.
Persons: — I've, gainfully, I've, didn't, Mark Zuckerberg, Oprah Winfrey, John Legend, Mayim Bialik, she'd, Kouakou, Christine Cruzvergara, Gen, they're, Cruzvergara Organizations: Sarah Lawrence College, University of Pennsylvania, University of California, Quinnipiac University, CNBC Locations: Los Angeles
Surveys show Gen Z and class of 2023 graduates want an in-person experience. In-person work can provide young workers with community, keep them engaged, and enhance their early workplace learning. Not so with Gen Z and the class of 2023. This generation wants the community, learning opportunities, and engagement that in-person work can provide — although some young professionals aren't a fan of in-office roles and prefer remote work. "Especially for new grads, they should balance the flexibility that they have for remote work and finding new opportunities with some of the benefits of in-person work," Pardue said.
Is there an unspoken dress code for working from home? It's also important to understand what different corporate dress codes, which can range from "casual" to "formal," mean, she adds. Zoom In Icon Arrows pointing outwards You only need a few basic pieces to build your professional wardrobe, including low-top sneakers and a comfortable pair of slacks. When in doubt, go back to blackStart with a neutral palette, which works for any season or professional dress code. "Unfortunately, how we dress at work can be very political," says Tan, who identifies as non-binary.
Gina Fahrenholz, 22, left her childhood dream job of criminal justice to become a nurse once she realized she would be more financially stable. After advising thousands of college students on their career paths, Christine Cruzvergara "doesn't truly believe in only having one dream job." Rather, Cruzvergara, the chief education strategy officer at early-career job platform Handshake, says, "The reality is your dreams can change." The 2023 definition of a dream jobFarenholz is not alone in her decision to abandon her childhood dream job in favor of stability. Instead, Cruzvergara says, students are looking at brands "that have stood the test of time" like Raytheon, Capital One and Nike.
As college graduation season nears, new data shows a growing number of people are considering taking internships after school. increased by 1,850% between January 2021 and March 2023, according to Google search data from Semrush provided to CNBC Make It. As for the most popular internships of recent years, the top 10 most searched-for intern roles from January 2021 to March 2023, based on Semrush data, include:Accountant internships Graphic designer internships Mechanical engineer internships Psychologist internships Engineer internships Data analyst internships Electrical engineer internships Social worker internships Civil engineer internships Nurse internshipsEconomic instability in recent years could be driving people, not just students, to consider jobs in less volatile sectors, says Eugene Levin, president at Semrush. Meanwhile, some nontraditional roles outside the office have seen the fastest-growing search interest since the early days of the pandemic, according to Semrush data. Check out: The top 10 buzziest companies Gen Z wants to work for—none of them are in Big Tech
Upcoming college graduates aren't as interested in Big Tech jobs, a Handshake survey found. Searches for big tech brands dropped nearly 15% compared to the previous year's class, per the survey. Upcoming college graduates are less interested in jobs in Big Tech, a recent Handshake survey found. The career site found searches from the class of 2023 for Big Tech brands dropped nearly 15% compared to the previous year's class. Nearly 3 out of 4 graduates said they want to develop new tech skills within the next few years.
The graduating class of 2023's desire for stability in an uncertain economy is dictating where they want to work most after college. It's hard to escape unrelenting news of tech layoffs in recent months, including major staff cuts from Meta, Google, Amazon, Microsoft and many others. "They're gravitating toward companies that offer solid benefits, career pathing and a level of stability they've been looking for." Most young professionals plan to pick up new tech skills for their careersThough search interest for major tech companies dropped, Cruzvergara says today's grads are more likely than their predecessors to be interested in jobs that require tech skills. New college grads feel confident they have the skills they need to get the job they want but also plan to develop new tech skills on the job or after hours.
The tech meltdown comes for Gen Z
  + stars: | 2023-02-14 | by ( Aki Ito | ) www.businessinsider.com   time to read: +7 min
The tech industry was teetering, and she wondered whether the future she had banked on would survive. On Handshake, a leading jobs board for college students, entry-level software positions in the tech industry slumped 14% last year. "I'm finding that students are pivoting to organizations that have IT functions but are not in the tech industry," says Laura Garcia, director of career education at Georgia Tech. Given the seismic downturn in tech, some students are rethinking their dreams of working for the Amazons and Googles and Metas of the world. Suddenly, in the eyes of Gen Z, tech seems to be just as ruthless and unreliable of an employer as banking did to millennials who came of age in the Great Recession.
While some thrive in the C-suite, many women of color experience bouts of self-doubt, burnout and even impostor syndrome in their executive roles. CNBC Make It sat down with four diverse women in the C-suite to learn more about their individual experiences being leaders in the workplace. Lisa LewinCEO, General AssemblyLisa Lewin, CEO Lisa LewinLisa Lewin, CEO at General Assembly, is no stranger to the lack of representation at the executive level. Chelsea C. WilliamsFounder and CEO, Reimagine Talent Co.Chelsea C. Williams, founder and CEO of Reimagine Talent Co. Reimagine Talent Co.Chelsea C. Williams founded and funded her business Reimagine Talent Co., a workforce development and talent retention firm, all on her own while still in her 20s. To help fight feelings of inadequacy at work, Williams recommends finding a therapist or "mindset coach."
It's an interesting trend for today's Gen Z students who are short-term anxious but long-term confident about their work and lives, says Christine Cruzvergara, chief education strategy officer at Handshake, the job-search platform for college students. Pragmatic goals around career, self-discovery and funSome Gen Zers are trading traditional life milestone goals for ones they have more control over. Speaking as a recent grad, Jade Walters agrees that taking control of her career means de-prioritizing other life goals. The 23-year-old is a Howard University grad who in her final months of school launched the Ninth Semester, an early-career resource for Gen Z professionals. Jade Walters, 23, works a corporate job in Chicago and runs the Ninth Semester, an early-career resource for Gen Z professionals.
However, most of us don't put that same dedication toward professional networking platforms, which could be hindering potential job opportunities. Similarly, when using Handshake, a recruiting platform for college students, 80% of students who completed their profiles were contacted by recruiters. "Complete your experience, complete what you're interested in, and make sure you note the geographic areas that you would be open to. Note whether or not you're interested in part-time versus full-time opportunities right now. Students can also sign up for webinars, panels, and information sessions on Handshake for companies or organizations they may be interested in.
Cassidy Case is a few months into her fall internship, but she's already planning ahead for summer. As young workers search for stability and meaning when entering the working world, they're changing their behaviors and mindsets to "recession-proof" their futures. At this stage of their lives and careers, Gen Zers want flexibility in the way they live and work most of all, Cruzvergara says. At the University of Arkansas, 21-year-old senior Oliver Sims also has his summer work plans locked in. "You could work remotely from your parents' house for a company with an office based in New York."
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