According to recent handshake research, Graduates from 2023 are less interested in working in the tech sectorespecially for large companies.
Instead, students prioritize stability and high-paying jobs, according to application data, in industries such as retail, financial and manufacturing industries.
Layoffs in the technology sector, the precarious economy, concerns about job losses due to artificial intelligence and the debate over the flexibility modality of telecommuting compared to face-to-face in the office are factors of the context into which this new generation of workers is entering.
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But in the midst of this maelstrom of change taking place at work, members of Generation Z are clear about what they want and what they want they prioritize stable employment.
This is one of the main reasons why the last class of college students shows less interest in large technology companiesaccording to data from Handshake, a career platform for students.
For its study, the platform surveyed 954 students from the class of 2023 in the month of March and analyzed the data obtained. According to the results, The number of job openings at major tech companies in 2023 is down nearly 15% compared to last year’s promotion.
Instead, the class of 2023 Search for companies in the retail, financial, and manufacturing industries. Raytheon, Nike, Toyota, Chevron, Capital One, Bank of America, and NASA were some of the companies that saw an increase in search traffic.
Christine Cruzvergara, director of education strategy at Handshake, explains Business Insider that after the wave of layoffs in the technology sector, young people have shifted their focus to a search for jobs that provide a sense of stability.
Declining interest in technology companies is also an indicator of their “efforts to explore new industries and companies that can offer them solid benefits, secure career paths and giving them the level of stability that gives them peace of mindCruzvergara says.
This does not mean that graduating students are giving up on technology. Almost 3 out of 4 graduates have indicated that they want this develop new technological skills in the next years. And most of them already have some experience in this field: 85% of these graduates claim to have at least one technology skillsuch as data analysis or computer science.
Generation Z is as tired of their jobs as the boomers
These conclusions clash with the results of a study conducted last month by Resume Builder, according to which almost 74% of executives and business leaders believe that Gen Z is the most difficult group to work with. The results They also showed that 40% of managers believed that part of the problem was the lack of technological knowledge and training of young people.
These skills can be very useful in implementation tools like generative AIa factor that these students already take into account.
Fewer than half of those surveyed by Handshake say they are concerned about the impact generative AI will have on their careers, but 60% admit that they expected this technology to impact their respective fields in the coming decade.
According to the results, this generation look for some presencegiven that bet face-to-face in the office will benefit their careers. 7 out of 10 respondents indicate that they prefer to work in a hybrid working model. Very few opted for a completely remote model.
