Opinion | Gen Z Faces a Tough Labor Market

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From WSJopinion: College students discuss their employment opportunities and job hunting in this week’s Future View column

—Nathan Biller, Colgate University, history and political scienceI am graduating in less than a month, and in the current macroeconomic environment, the job market has been noticeably challenging. Though unemployment may be low, the current job market is not suited to new graduates. From what I have observed, the hot job market is mostly for minimum-wage or blue-collar positions.

I am actually lucky because I was eventually offered a job at a startup. I have a job lined up, but I am not at all confident that I could simply get another one if this one doesn’t work out. And while accepting the offer, I felt I had very little room to negotiate my starting salary. I hope I like this job, because I do not think there is a market for me anywhere else.Students these days prioritize financial stability when they think about their educations.

Instead of teaching students how to avoid failure, schools should be encouraging students to follow their passions, which would have a positive impact on the students—and help both the job market and society as a whole.Things are no better for law students than for college students. The post-Covid hiring boom is over, and the legal profession has been hurt. Those who thought that going to law school would be a sure path to a job are now discovering how wrong they were.

 

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