Why Even Harvard’s Smartest Graduates Can’t Get a Job Now (Economy Media)

 

Generation Z faces a challenging labor market as unemployment among recent graduates reached 8.6% in June 2025. Entry-level jobs often demand two to three years of experience, creating a catch-22 for young workers. Stagnant starting salaries, rising living costs, and student debt averaging $33,500 per borrower add economic pressure. Companies prioritize retaining staff, while tariffs, inflation, and hiring freezes limit new opportunities. Gig work and delayed financial independence are common, with only 29% of Gen Z workers feeling engaged. Long application processes, reduced internships, and intense competition further hinder career entry, creating widespread professional anxiety and underemployment.