Cast your mind back to the first job you had. It may have been decades ago, or closer in time, but I bet you can still remember some of the tasks you did because no one else wanted to. Data entry, answering phones, transcribing, or learning the basic skills of the job from the ground up.
But now entering the workforce from the bottom is under threat from an underreported crisis we’re not talking nearly enough about: early career positions appear to be vanishing, and nothing is replacing them.
Jobs for graduates have always been difficult to come by, but in recent years it’s become even more dire.Credit: Glenn Hunt
Let’s establish some of the facts first. There are currently fewer jobs available for workers who have recently graduated from university, with the 2024 Graduate Outcomes Survey finding that full-time employment for undergraduates fell from a high of 79 per cent in 2023 to 74 per cent last year.
At the same time, graduates who worked part-time but wanted to add more hours increased from 14 per cent to almost 18 per cent over the last 3 years.
On a national scale, youth unemployment has been steadily increasing to 10.5 per cent in September, the highest level since November 2021. The Jobs Availability Snapshot found that entry-level jobs had declined over the last decade and now accounted for less than 11 per cent of all positions advertised last year.
And globally, UNICEF surveyed over 53,000 young people from 184 countries for their ‘Time To Act’ report, and found that the traditional pathways into jobs are fading fast around the world.
Are younger workers the canaries in the coalmine for how AI might affect all our future workplaces?
Now, some of these trends are still fresh and questionable, and might not seem much in isolation, but once you start plotting them all together they paint a bleak collective picture.
There are several overlapping reasons for this displacement, like economic uncertainty and changes to how businesses are hiring, but the biggest issue is the rise of AI and automation that can perform many of the tasks that were traditionally done by entry-level workers. And if we don’t address it now, this will easily snowball into a wider economy-sized problem.
